Positron AI Raises $875 Million to Take On Nvidia’s Inference Chips
Positron AI raised $875 million at a $5 billion valuation for its Asimov inference chip, which swaps scarce HBM for commodity LPDDR5X memory.
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AI News and Updates
The latest AI model launches, product updates, and industry news, explained in plain language.
Mistral Raises 3 Billion Euros at 21 Billion Valuation in Samsung-Led Round
Mistral AI raised 3 billion euros at a valuation above 21 billion in a Samsung-led Series D, the largest equity round ever by a European tech company. What…
OpenAI Cuts Off Cursor’s Model Access After SpaceX Acquisition
OpenAI is cutting off Cursor's direct access to its models on November 12, 2026, citing a change-of-control clause after SpaceX's $60 billion acquisition of Anysphere.
India’s AM Intelligence Orders 9,000 Nvidia Vera Rubin Systems for an $8B AI Factory
AM Intelligence, founded by Greenko Group's founders, has placed a binding order for about 9,000 Nvidia Vera Rubin systems for a 30MW AI factory in Hyderabad, part of…
Ox Alpha: The Mystery AI Model Nobody Will Claim
A stealth coding model called Ox Alpha appeared on OpenRouter with a 1-million-token context window and up to 100 trillion free tokens a day. Nobody has confirmed who…
