Character.AI Reportedly Files for Chapter 11, Citing Costs and Litigation
CNBC's October 13 headline links the filing to a bid from Disney; we could only confirm the headline-level details.
By AIBW Desk
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Reflection AI’s Beam Was Trained on Nvidia Systems Rented From SpaceX
SiliconANGLE's report on Nvidia's talks with the lab also details its compute arrangements.
By AIBW Desk
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Get in TouchAnthropic Gives Six METR Researchers Employee-Level Access and Gives Up a Publication Veto
The October 15 arrangement fulfills a pledge from Dario Amodei's September essay.
By AIBW Desk
Manus Operates Independently Again, Raising More Than $500 Million After the Meta Deal Collapsed
The agent maker, now headquartered in Singapore, is reportedly weighing a Hong Kong listing.
By AIBW Desk
Nscale Files for a U.S. IPO After a $1.02 Billion First-Half Loss
The British AI cloud, which seeks a valuation of up to $35 billion, has about 85% of its backlog tied…
By AIBW Desk
Cerebras Raised $5.5 Billion in the Year’s First Giant Tech IPO
Shares opened at $385 against a $185 IPO price, though the stock has since given back a share of its…
By AIBW Desk
Anthropic’s Annualized Revenue Reportedly Surges to $65 Billion
TechCrunch's August 17 report put the run rate at $65 billion, though the leaked IPO prospectus cites far lower revenue…
By AIBW Desk
Mistral Borrows $830 Million to Build a Sovereign GPU Data Center Near Paris
The site in Bruyeres-le-Chatel will hold 13,800 Nvidia GB300 GPUs and 44 megawatts of capacity.
By AIBW Desk
Replit Reaches a $9 Billion Valuation Six Months After Hitting $3 Billion
The $400 million Series D came as the company said it hopes to reach $1 billion in annual recurring revenue…
By AIBW Desk
Cognition Hits a $48 Billion Valuation as AI Coding Stays a Multi-Winner Market
The Devin maker raised $2 billion and says its run-rate revenue grew from $492 million to $900 million since May.
By AIBW Desk
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