AI Chip Startup Etched Hits $10.3B Valuation
AI chip startup Etched closed a $300 million Series C round at a $10.3 billion valuation, doubling its previous $5 billion valuation from December.
Archive
Browse all published articles.
ARCHIVE
-
-
IBM Allocates $50M in Quantum Compute for US Genesis Mission
IBM is allocating up to $50 million in quantum computing resources to support the US Genesis Mission, a national initiative focused on advancing quantum technology.
-
Grok 4.5 Now Available on iOS, Android, Web, and X
X.ai released Grok 4.5, its most capable model yet, on July 22, 2026, across iOS, Android, web, and X platforms.
-
Banaxi-Tech Targets Arithmark 2 Weakness on Open SLM Leaderboard
Banaxi-Tech and AxiomicLabs are addressing a flaw in the Open SLM Leaderboard's ranking system after specialist models exploited it to gain high scores.
-
Google CEO Pichai: Gemini's Next Leap Relies on Larger Base Models
Google CEO Sundar Pichai said Gemini's next leap depends on building 'much larger base models,' as the app reached 950 million monthly active users in Q2 2026.
-
Poolside Unveils Laguna S 2.1, Small Open-Weight Coding Model
Poolside's Laguna S 2.1, a small open-weight coding model, outperforms larger models on Terminal-Bench 2.1 with a 70.2% score, according to the company.
-
AstraZeneca Uses AI to Accelerate Biologic Drug Design
AstraZeneca is integrating AI into its drug development process, reducing timelines by up to 50% according to McKinsey estimates.
-
White House Accuses Moonshot of Copying Anthropic's Fable in Kimi K3
White House science advisor Michael Kratsios claims Moonshot, the Chinese firm behind Kimi K3, copied Anthropic’s Fable LLM, sparking debate over tech theft in AI development.
-
IBM Allocates $50M Quantum Access for US Genesis Mission
IBM has committed up to $50 million in quantum computing resources to support the US Genesis Mission, a national initiative for advanced research.
-
Lingverse Revives Jibo Legacy With AI Wearable iKairos
Lingverse, formerly Ling AI, raised $29 million to develop the iKairos, an AI wearable that transforms real-life moments into images. The device is priced between $199 and $249.
-
ServiceNow Invests $40M in BusinessNext at $700M Valuation
ServiceNow has invested $40 million in BusinessNext, valuing the Indian firm at $700 million, to boost its banking AI initiatives.
-
Hugging Face Launches POCKET: 35-Billion-Parameter Model for iPhone and PC
Hugging Face introduces POCKET, a 35-billion-parameter model that runs on iPhones and PCs without a GPU, achieving 2.7× faster CPU performance than a leading 1-bit 27B model.