China’s Moonshot AI has released a new open-source model named Kimi K2.5. The company, backed by Alibaba and HongShan, created a model that natively understands text, image, and video content. This multimodality is due to training on 15 trillion mixed…
Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according to a new filing in the company’s bankruptcy case. MicroVision, a Redmond, Washington-based company that develops lidar sensors, submitted a $33 million…
Pinterest announced on Tuesday that it will lay off less than fifteen percent of its workforce. This decision is part of a plan to reduce office space and reallocate resources toward the company’s artificial intelligence initiatives. According to a regulatory…
Launching an entirely new product line while your flagship business has shed two-thirds of its paper value might sound crazy to some. But Howie Liu, the founder and CEO of Airtable, suggests it is the sanest thing he could do.…
Phia’s team is locked in, quite literally. The startup is intensely focused on building an AI shopping agent, but after a snowstorm barreled through New York City, founders Phoebe Gates and Sophia Kianni cannot leave their respective apartments. It is…
Flora, a design tool used by designers at companies like Alibaba, Brex, Pentagram, and Lionsgate, has reached a new milestone. The startup announced on Tuesday that it has raised forty-two million dollars in a Series A funding round led by…
Uber has more than twenty autonomous vehicle partners, and they all want one thing: data. The company says it will make that data available through a new division called Uber AV Labs. Despite the name, Uber is not returning to…
Space is an increasingly crowded place thanks to the constant influx of new satellites, and it is only going to get more cramped as the cost to reach orbit falls. These dynamics have brought attention to the startup Northwood Space,…
A new risk assessment has found that xAI’s chatbot Grok has inadequate identification of users under 18, weak safety guardrails, and frequently generates sexual, violent, and inappropriate material. In other words, Grok is not safe for kids or teens. The…
As demand grows for privacy-first enterprise AI that can run without sending sensitive data to the cloud, SpotDraft has raised $8 million from Qualcomm Ventures in a strategic Series B extension. This funding will scale its on-device contract review technology…
