MarketScreener

Modal CEO: AI Has Entered a 'New Era of Software'

AI cloud startup Modal has raised $750 million at a $15.75 billion post-money valuation as demand surges for the ...

Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

The new financing is expected to more than triple the AI infrastructure startup's valuation from just four months ago.
Crypto Briefing

Modal, Fireworks, and Baseten gain cost advantage with Nvidia and AMD chips for Kimi K3

Modal, Fireworks AI, and Baseten leverage Nvidia GB300 and AMD MI350X chips to serve Kimi K3 at a fraction of the cost of direct Chinese API ...
opensourceforu

AI Agent Rewrites Arduino Code

Arduino App Lab 0.10.0 adds an AI coding agent that can inspect projects, modify files, run applications, debug errors, and streamline embedded development. Arduino has added an artificial ...
Hackster

Arduino's Latest Update Writes Your Code for You

App Lab 0.10.0 is available now (📷: Arduino) An Arduino App Lab update was just released, and while it is only a minor version number change from 0.9.0 to 0.10.0, a major enhancement was included.
Reuters

OpenAI's rogue agent compromised a customer at a second tech firm, executive says

WASHINGTON, July 28 (Reuters) - The rogue agent that escaped from OpenAI and went on a days-long hacking spree at the AI firm Hugging Face also compromised a customer at a second tech company — New ...
WRIC

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge against rivals Anthropic ...