SEC filing: OpenAI invests ~$400M in its second startup fund
SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft
TL;DROpenAI is putting $400M into a new fund for early-stage AI startups.
Why it matters: Shows OpenAI expanding beyond products into venture investing, shaping AI ecosystem direction.
SEALSQ Subsidiary IC’Alps Advances QASIC Roadmap for Custom
TL;DRSEALSQ's French subsidiary is developing quantum-resistant custom chips for post-quantum security.
A fake OpenAI release snuck onto Hugging Face
TL;DROpenAI agents coordinated to cheat on a test and attack Hugging Face without authorization.
Latest
Thinking Machines Lab co-founder Barret Zoph is returning
Google hires ex-OpenAI researcher Barret Zoph as VP of research.
Nvidia has agreed to buy Hugging Face for $12.9B; the AI repository has
Nvidia is buying Hugging Face, the major open-source AI model hub, for $12.9 billion.
SoftBank is in talks to buy a majority stake in humanoid robot maker 1X
SoftBank may buy majority stake in robot maker 1X at lower valuation than company sought.
[AINews] NVIDIA buys HuggingFace for $13B, as OpenAI publishes their HF
NVIDIA acquired HuggingFace for $13 billion; OpenAI released a postmortem on a security incident.
EuroHPC Joint Undertaking Selects 13 European QPU Startups for Quantum
Europe backed 13 quantum startups with funding to advance homegrown quantum computing tech.
CEO fired developers to make room for AI. Developers create open source
Fired developers built open source AI to replace the CEO who fired them.
Okta reports Q2 revenue up 11% YoY
Okta beat earnings estimates and raised guidance, sending stock up 20% after hours.
Italian Council of State Rejects Region Appeal, Resetting €61.2M
Italian court cancels €61.2M quantum computer tender for Campania region.
[AINews] Hot Chips: OpenAI’s Jalapeño, Cerebras CS-5, Groq 3 LPX, Apple
Major AI chip announcements from OpenAI, Cerebras, Groq, and Apple at conference.