Beijing-based Moonshot AI raised $2 billion at a $20 billion valuation, quintupling its value in six months as investor interest in Chinese open-weight AI models surges due to increased customer demand.
Tekst raised $13.5 million in Series A funding to build its "Process Intelligence" technology that helps AI agents understand and automate complex enterprise workflows by automatically mapping the unwritten rules and context hidden in emails, documents, and institutional knowledge.
Google DeepMind launched Gemma 4 in April, a family of open-source AI models under Apache 2.0 license that delivers state-of-the-art reasoning across four sizes—including two edge-optimized models that run autonomous agentic workflows entirely offline on mobile and IoT devices.
Dex, an AI-powered recruiting platform for tech talent, raised $5.3 million in seed funding to expand its conversational AI agent that matches engineers with companies. The startup reports it has reached about $1.8M in ARR since it launched its paid services.
DeepSeek released DeepSeek-V4, an open-source 1.6-trillion-parameter model with a one-million-token context window that achieves near-frontier performance at roughly one-sixth the API cost of GPT-5.5 and Claude Opus 4.7.
ComfyUI raised $30M to scale its open-source platform that gives creators granular, node-based control over AI-generated media, addressing the limitations of prompt-based tools. ComfyUI now serves over 4M users and has become essential infrastructure for production studios and creative agencies.
Cohere and Germany's Aleph Alpha are merging to create a $20 billion transatlantic AI powerhouse focused on sovereign AI solutions, targeting the $600 billion market for organizations seeking independence from dominant US and Chinese AI providers.
OpenAI released GPT-5.5, a model that achieves state-of-the-art performance across coding, knowledge work, and scientific research while preserving efficiency. GPT-5.5 marks progress toward OpenAI's vision of an AI "super app" combining ChatGPT, Codex, and browser capabilities.
Loop raised $95 million in Series C funding led by Valor Equity Partners to scale its AI platform that transforms fragmented supply chain data into actionable intelligence, addressing operational and financial decision-making across logistics, finance, and enterprise workflows.
Canva launched AI 2.0, an agentic design platform powered by its custom Canva Design Model that generates fully layered, editable designs from prompts and features six new intelligent workflows.
NVIDIA-backed SiFive raised $400 million at a $3.65 billion valuation to accelerate its open-source RISC-V chip designs for AI data centers, positioning itself as an alternative to proprietary x86 and ARM architectures in the data center solutions market.
Meta launched Muse Spark, its first model from the newly created Meta Superintelligence Labs. Meta claims Muse Spark marks the beginning of a "ground-up overhaul" of its AI strategy, which aims to fix the performance gap between the company's models and similar offerings from its competitors.