Tag: internet
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Alibaba answers Meta’s AI challenge with new laptop-ready model
Alibaba launched a laptop-ready AI model and released the weights of its most powerful Qwen model, escalating its rivalry with Meta in open-weight AI.
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Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company’s inclusion in the S&P 500.
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Anthropic CFO Krishna Rao is leading early IPO meetings with investors and has not discussed valuation, sources say
Anthropic CFO Krishna Rao is leading early investor meetings, which have focused on big-picture themes like its Claude AI models, management and more.
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OpenAI revenue chief Denise Dresser leaving, second major executive departure in days
Denise Dresser’s sudden departure could be a major blow to OpenAI as it pursues a blockbuster IPO.
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Meta and Nvidia plant ‘very firm flag’ in open-weight AI race led by Chinese Labs
With China way ahead in the market for open-weight models, Meta and Nvidia are both doing what they can to put the U.S. on the map.
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Manus to return as independent company after China forced Meta to unwind $2 billion deal
Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.
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OpenAI wraps $7 billion share sale ahead of potential IPO
OpenAI’s tender offer has been in the works since the company closed its record-breaking $122 billion funding round in March.
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OpenAI expands Daybreak cybersecurity initiative as AI agent threats evolve
The company introduced Daybreak in May as a way for its ecosystem partners to use its most advanced AI models to adapt to a rapidly changing threat landscape.
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SpaceX stock rebounds to near $135 IPO price
SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.
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Meta to open source its most powerful AI model as it takes swipe at OpenAI, Anthropic
Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open AI.
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