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Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.

Cognition raised $2 billion at a $48 billion valuation, four months after a $26 billion round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. Its annualized run-rate revenue grew from $492 million to $900 million since May, with projected $4-5 billion by end of 2026, while compute costs could push 2026 burn to $800 million. The startup, founded by Scott Wu, counts Mercedes-Benz, NASA, Goldman Sachs, and Citi as customers and is training its own model to cut reliance on OpenAI and Anthropic.

TechCrunch · AI · 8d agoAI industry

Crusoe reportedly raises $3B at a $30B valuation

AI data center developer Crusoe raised $3 billion at a $30 billion valuation, plus a $13 billion five-year GPU contract with Jane Street.

Crusoe, which builds hyperscale data centers for customers including Meta, Microsoft, OpenAI, and Oracle, raised a $3 billion round at a $30 billion valuation, Bloomberg reported. The round was co-led by Atreides Management and Valor Equity Partners with participation from Mubadala Capital. It comes 10 months after a $1.38 billion raise at a $10 billion valuation and follows a $13 billion, five-year cloud contract supplying GPUs and AI infrastructure to trading firm Jane Street. The company has met with Goldman Sachs and Morgan Stanley about a potential near-term IPO.

TechCrunch · AI · 13d agoAI industry

Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data

Mecka AI, which collects human motion data for robot training, is nearing a Sequoia-led round at about a $500 million valuation.

Mecka AI is nearing a new funding round led by Sequoia Capital at a valuation of roughly $500 million, three months after raising $60 million led by Framework Ventures with participation from Menlo Ventures, SV Angel, and Kindred Ventures. Founded in 2024 by Josh Gao, Mogen Cheng, Jason Chong, and Duy Nguyen, the startup pays people to record everyday tasks using body sensors and smartphones to produce egocentric training data for humanoid robots. The company projected a $100 million annual run rate by the end of 2026 and competes with firms like Scale AI, Mercor, Surge, Micro1, and XDOF in the physical-world data market.

TechCrunch · AI · 5d agoAI industry1

Mistral raises €3B

Mistral raised a Samsung-led €3B Series D at a €21B+ valuation — the largest European tech equity round — to scale compute and frontier AI research.

Mistral announced a €3 billion Series D at a post-money valuation above €21 billion, the largest equity round ever by a European technology company. Samsung Electronics led the round, with co-leads Scaleup Europe Fund (managed by EQT) and PSG Equity; new investors include Advent, BlackRock, and the Grand Duchy of Luxembourg. The company operates across 20 countries, serves 125+ enterprises including Airbus, ASML, and HSBC, and says funds will expand frontier research, compute capacity, and international growth.

Hackers expose donor data from Russian fundraisers for Ukrainians, political prisoners

Hackers breached the Stripe-WooCommerce integrations of Russian fundraisers Davayte and You Are Not Alone, exposing donor emails and partial card details.

Unknown hackers accessed the payment accounts of two Russian fundraising projects, Davayte and You Are Not Alone, in mid-August via a shared Stripe-WooCommerce integration used to run online auctions. Exposed data included donor email addresses and, in some cases, the last four digits of payment cards and issuing bank names; full card numbers, cardholder names, and donation details were not taken. Stripe blocked the unauthorized access before the entire donor email database could be downloaded and found no evidence of fraudulent transactions. Attribution remains unclear, with organizers unable to rule out Russian security services; both groups are designated 'undesirable' organizations in Russia, making donor identities sensitive, and a separate alleged leak of data from 669 Stripe merchants by a hacker named 'Satanic' has no confirmed connection.

The Record · 14d agoData breach

Making Knowledge Distillation Cheap Enough to Run at Scale

Hugging Face blog by Multiverse Computing describes techniques making knowledge distillation cheap enough for large-scale training.

A Hugging Face blog post from Multiverse Computing (CAI) presents methods for reducing the cost of knowledge distillation so it can be run at scale. The post is aimed at practitioners compressing large models into smaller, cheaper ones for production use.

Hugging Face Blog · Aug 10, 2026AI research

Armored Likho expands its cyber-espionage toolkit

Kaspersky reports the Armored Likho espionage group now delivers its new Still Toolkit via fundraising-themed lures to steal Telegram data and eavesdrop on victims.

Kaspersky researchers describe a new campaign by the Armored Likho espionage actor. The campaign masquerades as fundraising efforts and delivers a newly developed Still Toolkit designed to steal Telegram data and eavesdrop on victims. The update expands the group's toolkit and continues its espionage-focused targeting.

Kaspersky Securelist · Aug 13, 2026Threat actor in the wild

Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation

Thinking Machines, Mira Murati's AI lab, is in talks to raise $1 billion at a $40 billion valuation, with Accel reportedly leading.

Thinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, is negotiating a $1 billion round at a valuation of at least $40 billion, below the $50 billion it reportedly sought last year. The company's annual revenue run rate exceeds $100 million, mostly from usage-based compute fees for its open-weight Inkling model adapted on the Tinker platform. Its prior $2 billion seed round, led by Andreessen Horowitz with Nvidia, GV, Lightspeed, and Conviction Partners, valued it at $12 billion. Several co-founders, including Lilian Weng and Luke Metz, have since returned to OpenAI.

TechCrunch · AI · 13d agoAI industry

After warning AI is too dangerous, Bill Gates bets a billion on its upside

Gates Foundation pledges at least $1 billion over two years to widen AI access in health, education and agriculture, warning of a rich-poor divide.

The Gates Foundation's 2026 Goalkeepers report outlines spending of at least $1 billion over two years on AI access in health, education and farming. Gates notes over 90% of early LLM training data was English, with speech recognition error rates below 6% in English but above 60% in Yoruba. Cited projects include Penda Health clinics in Kenya (16-point diagnostic accuracy gain), Gemini Guided Learning in Sierra Leone (1.7 years of learning gains in eight weeks), and India's MahaVISTAAR reaching 740,000+ farmers at under 18 cents per person.

The Decoder · 1d agoAI industry1

A milestone in expanding access to AI

OpenAI announced ChatGPT Ads reached a $1 billion annualized revenue run rate and expanded availability globally to fund free and affordable AI access.

OpenAI stated that ChatGPT Ads, its advertising product, has reached $1 billion in annualized revenue run rate. The company framed this as a milestone that expands global availability of the ads product and supports broader access to AI through free and lower-cost options. No technical, model, or security details were included in the announcement.

OpenAI News · 16d agoAI industry

Robots are waiting for a ChatGPT moment: Nvidia’s Les Karpas explains why at TechCrunch Disrupt 2026

NVIDIA Inception's Les Karpas will discuss at TechCrunch Disrupt 2026 why robotics lacks a ChatGPT moment, citing missing internet-scale physical AI datasets.

NVIDIA Inception's Global Head of Physical AI, Les Karpas, will speak on the Real World AI Stage at TechCrunch Disrupt 2026, held October 13-15 at San Francisco's Moscone West. His core argument is that general-purpose robots lack an internet-wide dataset for physical AI, unlike language models from OpenAI and Anthropic. Founders from Shield AI, Colossal Biosciences, FieldAI, and Foxglove will join related sessions.

TechCrunch · AI · 12h agoAI industry

Angry Birds: Toy Ghouls’ new toys

Kaspersky tracks ransomware group Toy Ghouls deploying new custom backdoors, mqtt-bird-agent and matrix-bird-agent, using HiveMQ MQTT and Element as C2 channels.

Kaspersky reports that Toy Ghouls (also known as Bearlyfy, Laboo.boo and Feral Wolf), a financially motivated group targeting Russian organizations since 2025, shifted from leaked Babuk and LockBit builders and public GitHub tools to its custom GenieLocker ransomware. In early July 2026 the group deployed two custom backdoors: mqtt-bird-agent 0.1.0 using the public HiveMQ MQTT broker as C2, and matrix-bird-agent 0.1.0 using the Element messenger. The backdoors are delivered via WinRM using Evil-WinRM and WinRM-fs, persist as Windows services, and encrypt their configuration with ChaCha20-Poly1305 keyed to the machine's MachineGuid registry value.

Kaspersky Securelist · 12d agoThreat actor

Critical GiveWP Flaw Lets Attackers Run Commands on WordPress Servers

Critical unauthenticated PHP object injection (CVE-2026-82222) in the GiveWP WordPress donation plugin chains to remote code execution; version 4.16.7.2 fixes it.

Patchstack disclosed CVE-2026-82222 (CVSS 10.0), an unauthenticated PHP object injection in GiveWP versions through 4.16.7.1 that chains through TCPDF and Give\TestData gadget classes to arbitrary OS command execution as the web server user. On versions 4.16.5.1 and below, a default installation with one published donation form is enough to exploit, with no user interaction required. Version 4.16.7.2 blocks unsafe serialized data, hardens the gadget chain and cleans already-stored database records; a separate registration bypass issue remains unresolved.

Security Affairs · 16d agoVulnerabilityCVE-2026-82222

Guide to Cybersecurity Budget Planning: How Much + How To | Huntress

Huntress publishes guidance on planning cybersecurity budgets and getting more value from security spend.

Huntress released a guide aimed at helping businesses plan their cybersecurity budgets without overspending. The content is promotional guidance on prioritizing security spend rather than incident reporting. No vulnerabilities, incidents, or threat activity are described.

Huntress · Aug 12, 2026Industry

[AINews] OpenAI reports Navier-Stokes singularity find in 88 hours using Astra-next, roughly 10,000 agents and 130B tokens (>$40M), a contender for second ever Millennium Prize awarded

OpenAI-linked accounts claim roughly 10,000 AI agents produced a Navier-Stokes singularity result in 88 hours, pending mathematical verification.

OpenAI-affiliated accounts claim a system of roughly 10,000 agents, trained over about a year with multi-agent reinforcement learning, produced a finite-time singularity result related to the Navier-Stokes Millennium Problem. The claimed 88-hour runtime and 130B-token cost circulate only via social posts, and no preprint, theorem statement, or proof artifact is available. Acceptance by the mathematics community is unresolved, so the claim's epistemic status remains unknown. The roundup also notes Cognition's $48B and Mistral's $24B fundraises, GPT Image 2.5, and Meta's Muse agent relaunch.

Latent Space · 7d agoAI research1

Is Cyber Facing an Affordability Crisis?

Dark Reading analysis argues record breach costs and roughly $240 billion in cyber defense spending leave small businesses dangerously exposed, threatening supply chains.

The analysis examines an affordability crisis in cybersecurity, noting breach costs have reached record highs while defense spending approaches $240 billion. It argues small businesses are dangerously under-protected relative to rising attack costs. Weak small-business defenses are framed as a supply chain security risk for larger organizations.

Dark Reading · 22d agoIndustry

Daybreak for Frontline Defenders: $1B to protect essential services

OpenAI committed $1 billion through Daybreak for Frontline Defenders to expand frontier cyber AI, training, and support for essential services.

OpenAI announced Daybreak for Frontline Defenders on September 3, 2026, a $1 billion commitment to expand access to frontier cyber AI. The program includes training and support intended to help protect essential services. Specific recipients, eligibility criteria, and timelines were not detailed in the announcement.

OpenAI News · 13d agoAI industry

Only at TechCrunch Disrupt 2026: What happens when OpenAI ships your roadmap?

TechCrunch Disrupt 2026 panel will discuss AI startup defensibility when OpenAI, Anthropic, or Google ship features startups built.

TechCrunch promotes a Builders Stage session at Disrupt 2026 (October 13-15, Moscone West, San Francisco) titled 'What Happens When OpenAI Ships Your Roadmap.' Speakers include Airbyte CEO Michel Tricot, Radical Ventures partner Rob Toews, and Webflow CEO Linda Tong. The session examines how founders differentiate when foundation model providers absorb startup capabilities, emphasizing proprietary data, embedded workflows, customer relationships, and trust as remaining moats.

TechCrunch · AI · 2d agoAI industry

Grindr to Pay £26 Million to Settle U.K. Claims Over HIV Status Data Sharing

Grindr will pay £26 million ($35.1M) to settle U.K. claims from 10,000+ users over pre-2020 sharing of HIV status and other sensitive data.

Grindr agreed to pay £26 million ($35.1 million) to settle a U.K. lawsuit brought on behalf of more than 10,000 claimants over sharing users' HIV status, last tested date, and other personal data with third parties for advertising before 2020, when the app was owned by China's Kunlun. The settlement, disclosed in a September 2 SEC filing, includes no findings or admission of liability, with £13 million due by December 31, 2026 and the rest by March 31, 2027. Norway's data protection authority previously fined Grindr £8.6 million (reduced to £5.5 million) under GDPR, a decision upheld on appeal last October.

The Hacker News · 8d agoPolicy & legal

Dramatic insider warnings over AI fall flat with some in Silicon Valley

Anthropic researcher Jacob Coxon's resignation warning of AI existential risk drew Silicon Valley skepticism, while Amodei called for slowing development and global regulation.

Coxon, 27, who left Anthropic saying AI builders are 'gambling with our lives' with systems that can 'hack anything', was backed by Anthropic team lead Evan Hubinger, who put extinction risk above 10% within a decade. Executives including Grindr CEO George Arison and Nvidia's Jensen Huang dismissed the warnings as hype, with Arison directing engineers to stop using Anthropic technology. Dario Amodei posted an essay calling for slower AI development and global regulation, while Senator Bernie Sanders co-sponsored the Ban Artificial Superintelligence Act proposing a temporary pause on advanced AI development.

Engineered Persuasion: Evaluating Personalized Pretexts in LLM-Generated Spear Phishing

A study of 180 US workers found each LLM phishing personalization level raised click-intention odds by 28%, but credibility depends on context fit.

The arXiv paper evaluates how personalized pretexts in LLM-generated spear phishing affect perceived credibility, using 180 US working adults across 1,436 evaluations of emails with four cumulative personalization levels, from workplace context to shared-project details. Convincingness rose 2.40 points per level in sensitivity analysis and click-intention odds increased 28% per level, while non-clickers shifted toward deleting rather than reporting. Qualitative coding showed details matching the recipient's role and routines supported credibility, whereas incorrect, vague, or channel-inappropriate details raised suspicion. The authors argue personalization effectiveness depends on pretext fit, with implications for workplace security training.

arXiv cs.CR · 13d agoResearch

Obama urges Democrats to have a ‘clear plan’ for AI safeguards

Obama urged Democrats to make AI a central agenda with a clear safeguards plan, amid Amodei's independent-evaluator safety proposal.

Speaking at a Democratic fundraising event with House Minority Leader Hakeem Jeffries, former President Barack Obama said Democrats must build a clear plan and public framework on AI's economic and safety impacts once they regain the House majority, warning the fast-moving technology in private hands 'can be dangerous.' Obama has offered himself as a sounding board to AI executives, speaking with Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman. Amodei separately outlined a 'pacing the frontier' approach including independent safety evaluators with access to leading labs and common safety standards, which Altman said OpenAI would also commit to, while Trump emphasized winning the AI race.

TechCrunch · AI · 3d agoAI policy1

Meta to Pay Up to $18B Over Teen Social Media Use

Meta agreed to pay up to $18 billion and cap teen Facebook and Instagram use at two hours daily, settling child-safety lawsuits from most US states.

Meta settled claims that it deliberately designed Facebook and Instagram to addict children, ending a federal trial as Instagram head Adam Mosseri began testifying and Mark Zuckerberg was expected to testify. Of roughly $16.7 billion for 47 states and territories, $12.7 billion is guaranteed and $5 billion is contingent on Snapchat, TikTok and YouTube adopting similar teen protections. The deal also resolved state privacy claims tied to Cambridge Analytica for an additional $459 million, while New Mexico (a $567 million ruling) and Florida opted out of the settlement.

Security Affairs · 20d agoPolicy & legal

Anthropic CEOs wife once asked Epstein to fund porn venture – now steers Claude

Anthropic CEO Dario Amodei's wife Cami Clark once pitched Jeffrey Epstein to fund her porn startup and now informally advises the AI lab.

A Wall Street Journal report, republished by the New York Post, details the previously low-profile past of Cami Clark, wife of Anthropic CEO Dario Amodei. Before marrying Amodei in 2022, Clark co-founded a 'luxury porn' startup called Eddice and in 2012 unsuccessfully pitched Jeffrey Epstein for investment, who declined with 'Can't do sex TV.' Clark previously dated Google co-founder Eric Schmidt for about three years and later introduced him to Amodei; Schmidt became one of Anthropic's key early investors in 2021. Though Clark holds no official role at Anthropic, she reportedly acts as Amodei's strategic adviser and networker as the company moves toward a public listing that could top $2 trillion this fall.

AEO startup Profound hits unicorn valuation, raises $180M Series D 7 months after last round

AEO startup Profound raised a $180M Series D at a $1.8B valuation led by Sequoia and Kleiner Perkins.

Profound, which builds marketing software to help brands appear in AI search results, raised a $180 million Series D at a $1.8 billion valuation, seven months after its $96 million Series C. Sequoia and Kleiner Perkins led the round, with Lightspeed Venture Partners, Khosla Ventures, and South Park Commons participating. The company reports 3x revenue growth in six months and over 1,000 enterprise customers including Comcast, The Estée Lauder Companies, and Walmart. It operates in the generative engine optimization (GEO) and answer engine optimization (AEO) space.

TechCrunch · AI · 1d agoAI industry

Mistral raises €3B as sovereign AI becomes big business

Mistral AI raised a €3B Series D at a €21B+ valuation, led by Samsung Electronics, to scale European compute capacity and sovereign AI services.

French AI lab Mistral AI raised €3 billion (~$3.58B) at a post-money valuation above €21 billion, which it calls the largest equity round ever completed by a European technology company. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and PSG Equity as co-leads; a16z, Nvidia, Salesforce Ventures, Advent, BlackRock, and Luxembourg also participated. The company plans to build 1 GW of European compute capacity by 2030, offer region-selectable query processing, and host third-party open-weight models as part of a sovereign AI strategy. Mistral operates in 20 countries and targets governments and enterprises seeking control over AI models and data residency.

TechCrunch · AI · 8d agoAI industry

Exposed AWS Access Key Linked to Data Breach Affecting 1500+ UK Charities

CRM provider Beacon says a compromised AWS access key likely caused a data breach affecting more than 1,500 UK charities.

Beacon, a UK CRM provider serving the charity sector, disclosed that an exposed AWS access key was the likely root cause of a data breach. The incident affected data belonging to more than 1,500 UK charities. The company said the compromised cloud credential enabled the unauthorized access; specific record volumes and data types are not detailed in the report.

Infosecurity Magazine · Aug 13, 2026Data breach in the wild

Generative Marketing Mix Modeling: A Causal Inference Framework Linking GEO and GEM to Business Impact

Paper proposes Generative Marketing Mix Modeling to causally estimate Generative Engine Optimization and Marketing effects on business outcomes.

The authors develop GMMM, a causal inference framework for measuring how often users see and notice a firm's name in generated answers, which standard marketing data ignore. For GEO it combines repeated generated answers with question counts, shares of generative-system usage and notice probabilities; for GEM it uses sponsored placement records with notice probabilities. The framework compares expected business responses under alternative treatment sequences, establishes identification conditions, and is evaluated on simulated product-recommendation answers in English and Japanese.

arXiv cs.AI / cs.LG / cs.CL · 6d agoAI research

Risky Bulletin: White House lets private companies carry out offensive cyber ops

A White House memo directs DHS to create a program letting vetted private companies conduct US-government-directed offensive cyber operations against cybercrime.

A presidential memo tasks the DHS National Coordination Center with building a program, under DOJ and DHS oversight, through which private-sector companies can conduct offensive cyber operations against large-scale cybercrime organizations. Requirements include secure facilities, vetted personnel, a $1 million escrow for damages, and written approvals co-signed by DHS and DOJ executive directors. The program must launch within 60 days, around October 11, expanding a March executive order targeting scam compounds, ransomware, and other large-scale cybercrime.

Risky Business News · Aug 14, 2026Policy & legal

Panic builds over bankrupt Spirit’s looming data sale to Google

Startups object to Google's bankruptcy-auction purchase of Spirit Airlines operational data, claiming proprietary IP is being sold without consent.

Google won an auction to acquire a large enterprise dataset from bankrupt Spirit Airlines, which it says will help improve its products and AI models, with no personal information included. Springshot, whose airline logistics platform powered Spirit's stack, filed a limited objection arguing the vaguely defined data categories could transfer third-party IP and trade secrets it owns; International Aero Engines filed a similar objection. The EFF called it the first public bankruptcy proceeding over selling company and employee data as an asset, and objectors warn of a precedent letting large companies acquire startup IP through bankruptcy courts.

Ars Technica · AI · 6d agoAI industry

AI for Societal Impact

Google publishes a collection page showcasing partnerships applying AI to health, disaster prediction, learning, and economic opportunity.

Google's 'AI for Societal Impact' page curates examples of experts and local leaders applying AI to disease detection and prevention, natural disaster prediction, education, and economic opportunity. It is a marketing-oriented collection page with no new technical details.

Google · AI · 1d agoAI industry

What We Learned by Reproducing 2,200 papers from ICML

Hugging Face shares lessons from openly reproducing 2,200 ICML 2026 papers, examining reproducibility and open implementation practices in machine learning research.

Hugging Face published a retrospective on its open reproduction effort covering 2,200 papers from ICML 2026. The post summarizes lessons learned about reproducibility and building open, community-driven implementations of published machine learning research. No detailed article text was available in the feed.

Hugging Face Blog · Aug 13, 2026AI research

Causal Foundation Models

A paper introduces causal foundation models (CFMs): pretrained networks that estimate treatment effects on new datasets via in-context learning without fine-tuning.

Causal foundation models (CFMs) apply the foundation-model paradigm to causal inference, replacing bespoke per-problem estimator pipelines with networks pretrained once at scale. CFMs estimate causal quantities such as the average treatment effect on entirely new datasets through in-context learning, without model updates. The work serves as a practical introduction to the emerging area, covering background in causal inference and machine learning and including example code and Jupyter notebooks.

Hugging Face daily papers · 15d agoAI research

Evaluating Time-Series Foundation Models and Multimodal Dietary Context for CGM Forecasting

Study finds zero-shot time-series foundation models underperform on CGM forecasting; fine-tuned Chronos-Bolt cuts RMSE up to 18.4% and dietary context adds signal.

The paper evaluates time-series foundation models for continuous glucose monitoring forecasting across eight public datasets covering Type 1 diabetes, Type 2 diabetes, and non-diabetes populations. Under a unified protocol, zero-shot foundation models did not consistently outperform baselines like Elastic Net and PatchTST, but lightweight fine-tuning did, with fine-tuned Chronos-Bolt reducing RMSE by 6.5%-18.4% in the T1D cohort and 8.6%-18.2% in the non-diabetes/T2D cohort. A residual-based fusion framework adding dietary context from CGMacros reduced overall RMSE by about 3% and postprandial RMSE by about 15% versus CGM-only baselines.

arXiv cs.AI / cs.LG / cs.CL · 6d agoAI research

Grindr settles HIV status data-sharing lawsuit for $35 million

Grindr agreed to pay about $35 million to settle a UK privacy suit alleging it shared users' HIV status and sensitive data with advertisers without consent.

The claim, brought by London firm Austen Hays on behalf of roughly 12,000 UK users, alleges Grindr breached privacy and data-protection laws during a period ending in early 2020, when it was owned by Beijing Kunlun Tech. Shared data may have included ethnicity, HIV status, last HIV test date, and PrEP use. Per an SEC filing, Grindr will make two payments of £13 million (totaling about $35 million), one by December 31, 2026 and one by March 31, 2027, without admitting liability. The settlement follows a Norwegian Data Protection Authority enforcement finding over ad sharing without a valid legal basis.

Malwarebytes Labs · 8d agoPolicy & legal

Operational Resilience: IT Security Risks with Reduced Staffing | Huntress

Huntress blog advises security teams on managing change, risk, and incident response during reduced-staffing holiday periods.

The article discusses how holiday-period staffing reductions change organizational risk profiles around change management, monitoring, and incident response capability. It argues against blanket change freezes when critical vulnerabilities with high exploitation probability demand patching, and stresses retaining decision-making authority, escalation paths, and recovery knowledge. It concludes by promoting Huntress Managed Response, which lets the Huntress SOC take predefined containment actions on confirmed threats without customer intervention.

Huntress · 1d agoIndustry

Funding grants for new research into AI and teen development

OpenAI launched a $5 million grant program funding independent research on generative AI's effects on teen development, well-being, and safety.

OpenAI opened applications for a $5 million grant program supporting independent research into how generative AI affects teen development, well-being, and safety. The program was announced via the OpenAI newsroom on 2026-09-08.

OpenAI News · 8d agoAI industry

Kimi-maker Moonshot AI targets $2 billion in annual revenue

Moonshot AI targets $2 billion annualized revenue by year-end on K3 open-weight demand; Anthropic alleges Kimi routed ~300,000 requests to Claude Opus.

Bloomberg reported that Moonshot AI is targeting $2 billion in annualized revenue by the end of 2026, double its August run rate, driven by its open-weight K3 model. OpenRouter data shows up to 300 billion tokens generated per day by K3 models, though usage has slipped slightly in recent months. Moonshot's projection remains far below reported figures for OpenAI ($40B) and Anthropic ($65B), with lower margins due to freely available weights. Anthropic this week alleged Kimi routed nearly 300,000 requests to Claude Opus and collected more than 23 million responses for use in Moonshot's training.

TechCrunch · AI · 5d agoAI industry