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AI Agent Startup Instinct in Talks for $10 Billion Valuation

The startup behind personal AI assistant Instinct is in talks to raise $1 billion at a valuation of about $10 billion, a person with knowledge of the deal said. Sequoia Capital and Benchmark have been in talks to lead the financing, the person added. The Information reported earlier this month that the startup is looking to raise new funding as the invitation-only agent faces constraints in compute capacity. As Instinct’s service has become more widely available, the number of users...

Zuckerberg Says AI Safety Is Becoming a Competitive Necessity

Meta Platforms CEO takes implicit swipe at calls for collective slowdown, saying companies can act on their own

Two Google DeepMind AI Researchers Resign Over Safety

The resignations come as tech leaders reckon with increased calls for a slowdown and regulation.

Elon Musk Says AI Companies Should Test Each Other’s Models for Safety

Musk’s proposal comes as concerns around rogue AI and safety practices grow.

Anthropic to Open Singapore Office, Hires Regional Head from OpenAI

The company said it plans to expand enterprise adoption of Claude across Southeast Asia.

OpenAI in Early Talks for New Funding Round at $1.2 Trillion Valuation

The discussions follows a decision by OpenAI CEO Sam Altman not to pursue a public offering this year.

Microsoft Raises Dividend 8%

The company previously raised its dividend by 10% a year ago.

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Crypto Stocks Fall After Clarity Bill Fails to Advance

Coinbase fell 10% after a landmark crypto bill became unlikely to pass.

Salesforce Unveils New AI Model, Agent Security Tools at Dreamforce 

At its annual Dreamforce customer conference in San Francisco, Salesforce shows that it's on board with two of the biggest trends in enterprise AI.

Meta Rolls Out New ‘Meta One’ Subscription Plans With Higher AI Usage Limits

Meta is betting users will pay for more access to its AI tools, with its most expensive plan priced at $499 a month.

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Elon Musk hints at possible Tesla-SpaceX merger

When asked why Tesla and SpaceX were separate companies, Musk said that is “a great question.”

DoorDash Invests in Marc Lore’s Wonder

The deal raises the possibility that DoorDash could take over Wonder deliveries in the future.

Chinese AI Chip Firm Biren Plans $1 Billion Fundraising

Biren is weighing another share sale as China doubles down on efforts to produce homegrown chips.

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Trump Skewers AI Leaders’ Calls for Slowdown

The U.S. president fired off a series of statements criticizing calls from Anthropic and others to slow model development.

OpenAI Said to Buy Startup Glass Imaging for $300 Million

The startup makes high quality camera for smartphones.
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