AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
Final extension: Startup Battlefield Australia applications now close July 20
If you’re building something ambitious, this is a fast track to the people who can move your startup forward.
Meta rolls out Muse, a new AI image generator
The new image-generating model has numerous use cases, including advertising, decorating and creator-based opportunities.
Why the rise of open source AI isn’t hurting Anthropic … yet
Open-source models’ success isn’t coming at the expense of frontier labs. Instead, they each seem to capture two phases of the same life-cycle.
Microsoft joins AI cost-cutting trend by relying more on its own models
Microsoft is the latest Silicon Valley giant to cut back on its AI spending.
Discord admits AI moderation bug wrongfully banned users over harmless images
The company confirmed that the issue had been affecting accounts since May, with an additional 200 users banned over the weekend before its team identified and fixed the problem.
Google’s Pixel event is set for August 12
Google’s upcoming event in August will introduce new Pixel devices.
Figma acquires team behind a vibe-coding app
The Y Combinator-backed company started a vibe-coding platform and later built an agent-creation product.
Netflix dabbles in shorter video content with its new set of publisher deals with Variety, others
Netflix is bringing 2- to 20-minute videos to its platform through new partnerships with digital publishers, including Rolling Stone and Variety.
Claude Cowork expands to mobile and web
With this update, users can start a task from their desk, get status updates on their phone, and pick up the finished output later — even if their laptop is closed.