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Meta and Tesla move to cap employees' own AI spending as internal bills balloon
Meta reportedly capped AI token use for about 6,000 employees after they burned 73.7 trillion tokens in 30 days, while Tesla will limit staff to $200…
Dmytro Spodarets · Jul 3
News
Fable 5 tops Cursor's CursorBench 3.1 coding-agent leaderboard as the vendor eval resurfaces
On Cursor's vendor-run CursorBench 3.1 leaderboard, Fable 5 Max scores 72.9% at $18.02 per task, leading 36 tracked model configurations.
Dmytro Spodarets · Jul 3
News
OpenAI reportedly pitches US government a 5% equity stake worth about $42.6 billion
OpenAI has reportedly proposed giving the US government a 5% equity stake worth roughly $42.6 billion, as part of a plan for Washington to own pieces…
Dmytro Spodarets · Jul 3
News
Unsealed emails show Anthropic-Pentagon clash over AI weapons redlines before supply-chain risk label
Court documents unsealed July 2 reveal Anthropic CEO Dario Amodei clashing with a Pentagon official over AI weapons redlines days before the Defense…
Dmytro Spodarets · Jul 3
News
Abu Dhabi's MGX closes $49 billion AI fund, one of the largest ever raised
Abu Dhabi investment firm MGX closed its first fund at $49 billion, beating a $45 billion target, after backing OpenAI, Anthropic and xAI.
Dmytro Spodarets · Jul 2
News
Higharc raises $95 million and partners with US LBM to sell AI construction estimating
Homebuilding-AI startup Higharc raised a $95 million Series C led by Insight Partners and launched an AI Estimating product with lumber distributor…
Dmytro Spodarets · Jul 2
News
OpenAI reportedly proposes giving the US government a 5% equity stake
OpenAI has reportedly proposed granting the US government a roughly 5% equity stake, worth about $42.6 billion, in early talks with the Trump…
Dmytro Spodarets · Jul 2
News
Taiwan detains Super Micro staff in widening Nvidia chip smuggling probe
Taiwan prosecutors detained three people and widened an investigation into the alleged smuggling of about 50 Nvidia GB300-loaded Super Micro servers…
Dmytro Spodarets · Jul 2
News
FTC seeks comment on treating hidden AI ideological tuning as deceptive practice
The FTC voted 2-0 on July 1, 2026 to seek public comment on a policy statement that could treat undisclosed ideological tuning of AI outputs as a…
Dmytro Spodarets · Jul 2
News
UN scientific panel warns science cannot yet rule out catastrophic AI risk
The UN's Independent International Scientific Panel on AI published its first report on July 1, 2026, warning science cannot yet rule out…
Dmytro Spodarets · Jul 1
News
Venice AI raises $65M Series A led by Dragonfly, hitting a $1B valuation
Venice AI raised a $65 million Series A led by Dragonfly on July 1, 2026, valuing the privacy-first AI platform at $1 billion.
Dmytro Spodarets · Jul 1
News
Together AI raises $800M Series C led by Aramco Ventures, doubling valuation to $8.3B
Together AI raised an $800 million Series C led by Aramco Ventures, more than doubling its valuation to $8.3 billion from $3.3 billion.
Dmytro Spodarets · Jul 1