GPU cloud provider GMI Cloud raised $668M, including $223M in equity
GPU cloud provider GMI Cloud raised $668M, including $223M in equity led by ARCHIV with participation from Nvidia and $445M in credit led by Taiwanese bank CTBC
TL;DRGPU cloud startup GMI Cloud raised $668M to expand Nvidia chip rental services.
Why it matters: Signals growing enterprise demand for AI compute and Nvidia's confidence in alternative distribution channels.
The Download: OpenAI’s chief research officer explains its hacking
TL;DROpenAI's research chief says the company won't overreact to a recent security breach.
Last Week in AI #345 - 5 new models, 9 misalignment incidents, some Dots
TL;DRMajor AI labs released cheaper models while safety incidents pile up.
Latest
Sources and filings: Situational Awareness lacked an investment risk
AI investment firm collapsed after banks financed risky bets without proper oversight; SEC investigating.
Anthropic says Zhipu's open-weight GLM-5.3 nearly matches Claude Mythos
Open-source Chinese AI model rivals Claude at writing working exploits cheaply.
Samsung Galaxy Tab S12 Ultra review: the new $1,400 tablet is an iPad
Samsung's $1,400 tablet matches iPad Pro specs but costs the same.
Classiq Introduces Fault Tolerance Engine for Quantum Applications
Classiq built software that converts quantum programs into fault-tolerant execution plans.
Galaxy Tab S12 Ultra, Galaxy Tab S12+: Samsung Launches New Tablets
Samsung released two new tablets and an improved tracking device with better range.
Airbnb Courts Traveling Families With Baby-Gear Rentals in the US
Airbnb now lets US families rent baby gear delivered to their vacation homes.
Airbnb adds AI search, more social features
Airbnb adds AI search and expands into meal delivery and laundry services.
Samsung gives its two-year-old Galaxy Tab S Plus an overhaul
Samsung updated its Galaxy Tab S Plus tablet with new processors and features.
Samsung’s new SmartTag is smaller, longer-lasting, and works
Samsung's new tracker is smaller, lasts longer, and now works with iPhones.