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thenextweb
Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame

Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. The round was led by ICONIQ, GIC, and Ontario Teachers’ Pension […]<br /> This story continues at The Next Web [...]

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venturebeat
Anthropic finally beat OpenAI in business AI adoption — but 3 big threats could erase its lead

For the first time since the AI race began, more American businesses are paying for Anthropic's Claude than for OpenAI's ChatGPT. Adoption of Anthropic rose 3.8% in April to 34.4% of busines [...]

Match Score: 203.37

venturebeat
How DeepSeek’s radical architecture is shattering Silicon Valley's token moat

DeepSeek’s announcement over the weekend that it has made its 75% price cut permanent on its flagship V4 Pro model is a disruptive assault on the capital-heavy business models of Silicon Valley’s [...]

Match Score: 128.23

venturebeat
Meituan open sources LongCat-2.0, the 1.6T, near-frontier agentic coding model that's been leading OpenRouter — trained entirely on Chinese chips

A few hours ago, Chinese delivery app company Meituan officially unveiled LongCat-2.0 on GitHub, Hugging Face, and its native platform, unmasking the model as the computational engine behind "Owl [...]

Match Score: 97.89

venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 93.76

venturebeat
1Password moves into AI cost management, betting that token spend is the next enterprise budget crisis

1Password on Tuesday launched AI Spend and Consumption Management, a new capability embedded in its SaaS Manager platform that gives IT and finance teams a unified, real-time view of how their organiz [...]

Match Score: 92.17

venturebeat
5% GPU utilization: The $401 billion AI infrastructure problem enterprises can't keep ignoring

For the last 24 months, one narrative justified every over-provisioned data center and bloated IT budget: the GPU scramble. Silicon was the new oil, and H100s traded like contraband. Reserve capacity [...]

Match Score: 73.43

venturebeat
Researchers baked 3x inference speedups directly into LLM weights — without speculative decoding

As agentic AI workflows multiply the cost and latency of long reasoning chains, a team from the University of Maryland, Lawrence Livermore National Labs, Columbia University and TogetherAI has found a [...]

Match Score: 69.76

venturebeat
Miami startup Subquadratic claims 1,000x AI efficiency gain with SubQ model; researchers demand independent proof.

A little-known Miami-based startup called Subquadratic emerged from stealth on Tuesday with a sweeping claim: that it has built the first large language model to fully escape the mathematical constrai [...]

Match Score: 68.87

venturebeat
Protect your enterprise now from the Shai-Hulud worm and npm vulnerability in 6 actionable steps

Any development environment that installed or imported one of the 172 compromised npm or PyPI packages published since May 11 should be treated as potentially compromised. On affected developer workst [...]

Match Score: 65.75