Right before 1974's midterm election, Gerald Ford launched the “Whip Inflation Now,” campaign. But Republicans lost 48 House seats and five Senate seats.
Ricursive Intelligence is releasing Ripple-65B Preview, a 65-billion-parameter open-weight language model that the company says achieves the top score among open-source U.S. models on the TerminalBench 2.1 coding benchmark at a total R&D cost of $32 million. On other benchmarks, however, Ripple…
This week brought another plethora of large funding rounds for startups and growth-stage companies. Shield AI, a defense tech player focused on autonomy and virtual simulations, secured the largest financing, bringing in $2 billion. Next on the list was drone delivery provider Zipline International,…
Microsoft is winding down a 2023 deal to rent AI computing from Oracle after declining to renew it, Bloomberg reports. The servers ran older Nvidia chips. Microsoft is reassessing more than $80B in contracts with outside cloud providers. Microsoft is winding down a deal to rent AI computing power…
OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion. Echoing FT and Wall…
Security researchers found hundreds of servers hosting the penetration testing tool Artex exposed to the internet, allowing anyone access to the hacking tool.
An experiment in which AI models were asked to break into simulated networks showed the hacking skills of DeepSeek and GLM to be not far behind OpenAI’s most advanced cyber model, which isn’t public.
Elon Musk said government contracts will make up less than 10% of SpaceX’s revenue this quarter, down from 16.6%. SpaceX now earns most from renting AI computing, with Anthropic its biggest customer, though Anthropic can exit from early 2027. Government contracts will make up less than 10% of…