Anyscale and Microsoft's new partnership will bring 'AI-native computing' to Azure
Anyscale and Microsoft have announced a fully managed Azure service built on Ray, designed to help enterprises accelerate the development and scaling of AI workloads.
Nvidia finally hits the $5 trillion value milestone
Nvidia has become the first public company to reach a $5 trillion valuation, driven by surging AI demand and massive chip orders that have made it the dominant player in the artificial intelligence industry.
Harvey raises $150M at a $8B valuation in its third funding round this year
Harvey, a legal tech startup, raised $150 million at an $8 billion valuation in its third funding round of 2025, more than doubling its value in under a year amid intensifying competition in the legal AI market.
LangChain announces a $125 million Series B on the eve of its third anniversary
LangChain raised $125 million at a $1.25 billion valuation, achieving unicorn status as it evolved from Harrison Chase's side project for building with LLMs into a full platform offering specialized tools like LangGraph and LangSmith for creating and monitoring agent workflows.
The distributed computing framework Ray is now hosted by the PyTorch Foundation
The PyTorch Foundation now hosts Ray, the open source distributed computing framework originally developed by Anyscale. Alongside PyTorch and vLLM, Ray enables scaling workloads from single machines to clusters without requiring fragmented workflows or locking developers into proprietary tools.
fal.ai has reportedly raised about $250M as its valuation soars past the $4B mark
Fal.ai, a startup providing infrastructure for hosting multimodal AI models, raised approximately $250 million at a valuation exceeding $4 billion—nearly tripling its value in just three months—driven by explosive demand for video and image generation applications.
Microsoft has launched new Copilot features in its quest to transform Windows PCs into AI PCs
Microsoft announced new AI features for Windows 11, including wake and goodbye words for Copilot Voice, global availability of Copilot Vision, and experimental agentic capabilities through Copilot Labs and Windows Insiders that enable autonomous task completion and third-party service integrations.
Supabase, the wildly popular database dev platform, raised a $100M insider-only Series E
Supabase, an open-source Postgres development platform competing with Firebase, raised $100M in a Series E funding round led by Accel and Peak XV. With this round, Supabase reached a $5B valuation, representing a more than fivefold increase in value since its Series C in September 2024.
Knapsack announces $10M raise destined to expand its AI-native product engine
Knapsack raised $10 million in Series A funding to expand its Intelligent Product Engine, which claims to compress product development cycles from months to days through AI-driven, centralized design and code infrastructure.
OpenAI Launches Interactive Apps Inside ChatGPT
OpenAI announced interactive apps from major companies like Spotify, Canva, and Zillow that integrate directly into ChatGPT conversations, along with a new Apps SDK for developers to build similar applications.
AI Highlights Review: August 8– 22
DeepMind's Genie 3 preview; ElevenLabs' Eleven Music launch; Ukraine launches a sovereignty-preserving AI Factory, NVIDIA's new resources for robotics applications; Datumo raises a Series B to become a contender in the training data market; and much more.
Multiverse debuts tiny AI models that run offline without compromising performance
Spanish AI startup Multiverse Computing released two ultra-small AI models called SuperFly (94M parameters) and ChickBrain (3.2B parameters) that can run offline on devices from smartphones to IoT appliances while matching or exceeding the performance of their larger parent models.