CoreWeave and OpenAI announced a strategic partnership to provide the latter with even more AI infrastructure. OpenAI has committed up to $11.9 billion to be disbursed across five years in exchange for $350 million in shares.
Investors are betting big on AI-powered agents for coding; Anthropic's Series E; Cohere for AI released Aya Vision; Scrunch AI wants to optimize businesses' online presence for AI; Mistral launched a powerful OCR API; Coreweave acquired Weights & Biases; and more.
HelloBetter has secured €6 million in funding to expand internationally and develop AI-powered digital mental health solutions, bringing its total funding to €31 million. The company plans to enter the French market by establishing a partnership with Mutuelles Impact, which led the funding round.
CoreWeave is acquiring Weights & Biases to create an end-to-end platform that combines cloud infrastructure with AI development tools. The deal unites two industry leaders and aims to accelerate AI innovation while maintaining support for existing Weights & Biases customers.
Mistral AI launched a document understanding API that processes PDF files using OCR to generate Markdown documents, offering superior performance for mathematical equations, scanned documents, and multilingual content while processing up to 2000 pages per minute.
Google has launched an AI mode for Search: an experimental product that leverages AI to handle complex queries typically addressed by performing multiple traditional web searches. In parallel, the company also announced it expanded access to its AI Overviews, now powered by Gemini 2.0.
Scrunch AI recently exited beta with $4M in seed funding from Mayfield to help businesses maintain visibility in AI-generated search results. Scrunch AI has seen promising adoption, having already secured 25 enterprise customers, including Lenovo and Crunchbase.
Cohere for AI released the Aya Vision models (8B/32B), which support 23 languages, perform remarkably well in image captioning, visual Q&A, and translations, and outperform competitors in benchmarks. Aya Vision is available via Cohere Playground, WhatsApp, Kaggle, and Hugging Face.
Anthropic announced earlier this week that it has secured $3.5B in a Series E funding round led by Lightspeed Venture Partners, with new and existing investors participating. This Series E announcement follows the Claude 3.7 Sonnet and Claude Code launches.
OpenAI has released GPT-4.5, its largest AI model to date, featuring improved knowledge and emotional intelligence. But while GPT-4.5 is a clear improvement over GPT-4o, it falls behind the o series in benchmark evaluations and comes with dramatically higher costs.
Anthropic launches Claude 3.7 Sonnet, the first hybrid reasoning AI that offers both quick responses and visible step-by-step thinking. It excels at coding tasks and comes with Claude Code, a new terminal tool for developers.
xAI launched Grok 3 and Grok 3 mini with reasoning capabilities and a DeepSearch agent. Shortly after their release, the models sparked controversy when xAI compared their consensus-based math scores to competitors' single-attempt metrics, highlighting ongoing issues with benchmark comparisons.