Standard Nuclear was the winning bidder for Ultra Safe Nuclear Corporation’s fuel-related assets at a bankruptcy auction.
Sam Altman thinks AI will have ‘novel insights’ next year
In a new essay published Tuesday called “The Gentle Singularity,” OpenAI CEO Sam Altman shared his latest vision for how AI will change the human experience over the next 15 years. The essay is a classic example of Altman’s futurism: hyping up the promise of AGI — and arguing that his company is quite close […]
Proxima Fusion joins the club of well-funded nuclear contenders with €130M Series A
Commercial nuclear fusion power isn’t a reality yet. But venture capital is flowing into startups that promise that clean, safe, and virtually limitless energy is no longer just a distant dream. Most fusion companies that have raised over $100 million are based in the United States. Not Proxima Fusion, a German startup that has just […]
OpenAI’s open model is delayed
OpenAI was targeting an early summer release date for its open model, which is slated to have similar “reasoning” capabilities to OpenAI’s o-series of models.
Vijay Pande, founding partner of a16z bio and health strategy, steps down
Since its founding in 2014, a16z Bio+ Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022.
AI storage platform Vast Data aimed for $25B valuation in new round, sources say
The AI-friendly data storage startup is raising capital at a giant leap in valuation.
Apple Intelligence: Everything you need to know about Apple’s AI model and services
Apple Intelligence was designed to leverage things that generative AI already does well, like text and image generation, to improve upon existing features.
YouTube says its ecosystem created 490k jobs and added $55B to the US GDP in 2024
YouTube’s impact report shows that the creator economy has continued to grow, despite less interest from venture capitalists.
OpenAI releases o3-pro, a souped-up version of its o3 AI reasoning model
OpenAI has launched o3-pro, an AI model that the company claims is its most capable yet.
Bedrock Ocean dredges up $25M to map the seafloor with robots
Bedrock Ocean wants to use autonomous underwater vehicles to make mapping the seafloor faster and cheaper.