Builder.ai collapse exposes dangers of ‘FOMO investing’ in AI

The collapse of Builder.ai exposes the growing threat of “FOMO investing,” according to an expert in tech growth intelligence. Builder had become one of Britain’s best-funded startups, but is no [...]

New MiniMax M2.7 proprietary AI model is 'self-evolving' and can perform 30-50% of reinforcement learning research workflow

In the last few years, Chinese AI startup MiniMax has become one of the most exciting in the crowded global AI marketplace, carving out a reputation for delivering frontier-level large language models [...]

Nvidia-backed ThinkLabs AI raises $28 million to tackle a growing power grid crunch

ThinkLabs AI, a startup building artificial intelligence models that simulate the behavior of the electric grid, announced today that it has closed a $28 million Series A financing round led by Energy [...]

Jeff Bezos launches Project Prometheus, a $6.2 billion AI bet on faster engineering

Jeff Bezos is taking on his first operational role since leaving Amazon in 2021. According to the New York Times, he is stepping in as co-CEO of Project Prometheus, a new AI startup backed by 6.2 bill [...]

Agents don't replace vector search - they make it harder to get right

What's the role of vector databases in the agentic AI world? That's a question that organizations have been coming to terms with in recent months.<br /> <br /> The narrative had [...]

‘Space umbrella’ returns first striking images of Earth’s forests

A giant umbrella-like satellite fitted with European tech has revealed its first images of Earth’s surface. The probe, called “Biomass,” was built by a host of aerospace giants and startups for [...]

OpenAI announces 80% price drop for o3, it’s most powerful reasoning model

It could benefit startups, research teams, and individual developers who previously found higher-tier model access cost-prohibitive. [...]

OpenAGI emerges from stealth with an AI agent that it claims crushes OpenAI and Anthropic

A stealth artificial intelligence startup founded by an MIT researcher emerged this morning with an ambitious claim: its new AI model can control computers better than systems built by OpenAI and Anth [...]

Tech Billionaires Back Erebor in the Wake of Silicon Valley Bank Collapse

Funded by Anduril cofounder Palmer Luckey and Palantir cofounder Joe Lonsdale, the new bank—named, like their companies, after Tolkien lore—aims to serve startups in crypto, AI, and defense. [...]