🚀 Anthropic files for IPO

Anthropic dominated headlines, filing for IPO with $16.3B revenue and launching Claude Duet, a proactive AI agent. OpenAI also made moves, opening its Decisions API and slashing GPT-6.1 Terra prices, while Nvidia released a free open-weight transcription model.

AI-generated summary of the last 7 days, updated daily

Moonshot AI Secures $2B at $20B Valuation

Moonshot AI Secures $2B at $20B Valuation

Moonshot AI Secures $2B at $20B Valuation - Chinese AI lab Moonshot AI has raised $2 billion in funding at a valuation exceeding $20 billion, in a round led by Meituan's venture capital arm. The investment follows the recent release of Kimi-K2.6, an open-source large language model with approximately 1 trillion parameters. Moonshot AI also d...

AI STARTUP FUNDING
OpenAI Adds Real-Time Voice, Translation to API

OpenAI Adds Real-Time Voice, Translation to API

OpenAI Adds Real-Time Voice, Translation to API - OpenAI has launched several new voice intelligence features in its API, including GPT-Realtime-2, a voice model powered by GPT-5-class reasoning for handling complex user requests. The update also introduces GPT-Realtime-Translate, supporting over 70 input and 13 output languages, and GPT-Realtime-W...

NEW GENERATIVE AI LAUNCH
Google, Microsoft, xAI Submit AI Models for Government Safety Checks

Google, Microsoft, xAI Submit AI Models for Government Safety Checks

Google, Microsoft, xAI Submit AI Models for Government Safety Checks - Google, Microsoft, and xAI have agreed to share unreleased AI models with the U.S. Department of Commerce's Center for AI Standards and Innovation for pre-release safety testing. The evaluations will focus on cybersecurity, biosecurity, and chemical weapons threats to national security. The move si...

AI REGULATORY UPDATE
ElevenLabs Hits $500M Revenue, Lands Celebrity Investors

ElevenLabs Hits $500M Revenue, Lands Celebrity Investors

ElevenLabs Hits $500M Revenue, Lands Celebrity Investors - ElevenLabs has extended its Series D funding round, attracting Nvidia's NVentures, BlackRock, Wellington Management, and over 30 entertainment figures including Jamie Foxx and Eva Longoria. The AI audio startup, valued at $11 billion after its initial $500 million raise in February, also closed a $1...

AI STARTUP FUNDING
OpenAI Launches GPT-5.5 Instant as ChatGPT Default

OpenAI Launches GPT-5.5 Instant as ChatGPT Default

OpenAI Launches GPT-5.5 Instant as ChatGPT Default - OpenAI has replaced ChatGPT's default model with GPT-5.5 Instant, promising fewer hallucinations, greater accuracy, and more concise responses. The update targets sensitive topics like finance, law, and healthcare, with inaccuracies on flagged conversations reduced by 37.3%. The model also cuts back...

NEW GENERATIVE AI LAUNCH
Aircall Buys Vogent to Boost AI Voice Agents

Aircall Buys Vogent to Boost AI Voice Agents

Aircall Buys Vogent to Boost AI Voice Agents - Aircall, an AI-powered customer communications platform serving over 22,000 businesses globally, has acquired Vogent, an AI voice agent company. The deal adds specialized voice AI technology to Aircall's existing platform. The acquisition is aimed at strengthening the technology behind Aircall's AI...

AI ACQUISITION LAUNCH
Google AI Search Now Quotes Reddit, Forums

Google AI Search Now Quotes Reddit, Forums

Google AI Search Now Quotes Reddit, Forums - Google is updating its AI Overview search feature to include excerpts from web forums, blogs, and social media, along with creator names and community handles to help users evaluate sources. The update also highlights links from users' news subscriptions. The move raises questions about AI Overview...

AI SEARCH UPDATE
Brockman Testifies: Musk Stormed Out After Losing OpenAI Control

Brockman Testifies: Musk Stormed Out After Losing OpenAI Control

Brockman Testifies: Musk Stormed Out After Losing OpenAI Control - Greg Brockman testified for two days in the ongoing legal battle between Elon Musk and OpenAI, describing a dramatic 2017 confrontation where Musk demanded full control of the company. When co-founders refused, Musk grew angry, sat in silence, then stood up and stormed around the table before grabbi...

GENERATIVE AI HISTORY
Anthropic's $1.5B Author Settlement Is a Nightmare

Anthropic's $1.5B Author Settlement Is a Nightmare

Anthropic's $1.5B Author Settlement Is a Nightmare - Anthropic reached a landmark $1.5 billion settlement after admitting it downloaded millions of pirated, copyrighted books to train its AI models without authors' permission. The payout covers nearly half a million authors, with individual payouts estimated at around $3,000 per book, split with publi...

AI REGULATORY UPDATE
Nebius Surges 13% on Eigen Deal, Meta Contract

Nebius Surges 13% on Eigen Deal, Meta Contract

Nebius Surges 13% on Eigen Deal, Meta Contract - Nebius Group (NBIS) jumped 13.24% on May 4, 2026, closing around $155 despite a broad market sell-off. Three catalysts drove the move: the $643 million acquisition of Eigen AI, a Goldman Sachs price target upgrade following a Meta infrastructure contract, and 2025 annual recurring revenue exceeding ...

AI INFRASTRUCTURE INVESTMENT
Collibra Launches AI Command Center to Govern Agents

Collibra Launches AI Command Center to Govern Agents

Collibra Launches AI Command Center to Govern Agents - Collibra has unveiled its AI Command Center, a platform designed to help enterprises orchestrate and govern fleets of AI agents in real time. The tool addresses what the company calls a hallucination tax, the hidden costs of correcting agent errors and managing oversight gaps, noting that 91% of ent...

NEW AI PLATFORM LAUNCH
Apple Pays $250M Over Siri AI Delays

Apple Pays $250M Over Siri AI Delays

Apple Pays $250M Over Siri AI Delays - Apple has agreed to pay $250 million to settle a class action lawsuit alleging it misled consumers about its Apple Intelligence features, particularly an upgraded Siri. Plaintiffs claimed Apple's marketing created false expectations about AI capabilities that were incomplete or delayed at the time o...

AI LEGAL SETTLEMENT
Anthropic Taps SpaceX's Colossus 1 for Claude

Anthropic Taps SpaceX's Colossus 1 for Claude

Anthropic Taps SpaceX's Colossus 1 for Claude - Anthropic will use SpaceX's Colossus 1 supercomputer, originally built by xAI in 2024, to power its Claude chatbot. The Memphis-based system houses over 220,000 Nvidia GPUs delivering 300 megawatts of compute, serving Claude Pro and Max users while expanding API and Claude Code usage limits. The pa...

AI INFRASTRUCTURE PARTNERSHIP
Herd Security Raises $3M for AI Training Platform

Herd Security Raises $3M for AI Training Platform

Herd Security Raises $3M for AI Training Platform - Herd Security, a security awareness training startup founded in 2025, has raised $3 million to expand its AI-powered platform. The funding will support new training categories in HR and AI, improved video generation, and a broader partnership ecosystem. The platform uses agentic AI to generate cont...

AI STARTUP FUNDING
IBM CEO: Openness, Software Growth Key to AI Win

IBM CEO: Openness, Software Growth Key to AI Win

IBM CEO: Openness, Software Growth Key to AI Win - At IBM Think 2026, CEO Arvind Krishna outlined IBM's AI strategy in an analyst AMA session, emphasizing openness, ecosystem integration, and a deliberate shift away from proprietary positioning. He identified software growth as the key metric for AI success and cited IBM's generative AI book of busi...

IBM AI STRATEGY UPDATE
Hugging Face Launches First-Ever Robot App Store

Hugging Face Launches First-Ever Robot App Store

Hugging Face Launches First-Ever Robot App Store - Hugging Face has launched an app store for its Reachy Mini robot, featuring over 200 community-built applications available for free download. The $299 open-source robot has sold around 10,000 units since debuting in July 2025. Unlike smartphone app stores, creators currently have no monetization o...

NEW AI ROBOT APP LAUNCH
Apple Pays $250M to Settle Siri AI Lawsuit

Apple Pays $250M to Settle Siri AI Lawsuit

Apple Pays $250M to Settle Siri AI Lawsuit - Apple has agreed to pay $250 million to settle a false advertising class-action lawsuit over its overhyped Apple Intelligence Siri features. US customers who bought an iPhone 15 or 16 between June 10, 2024 and March 29, 2025 could receive up to $95 per device. The lawsuit alleged Apple deceived con...

AI LEGAL SETTLEMENT
Adobe Acrobat Gets AI Productivity Agent for PDFs

Adobe Acrobat Gets AI Productivity Agent for PDFs

Adobe Acrobat Gets AI Productivity Agent for PDFs - Adobe has launched a productivity agent embedded in Acrobat that uses AI to transform static PDF content into tailored presentations, podcasts, social posts and more. The tool is available through two new tiers: Acrobat Express and Studio, which includes full AI PDF creation capabilities. The agent...

NEW AI PLATFORM LAUNCH
Google Kills Project Mariner Web Agent

Google Kills Project Mariner Web Agent

Google Kills Project Mariner Web Agent - Google has shut down Project Mariner, its experimental web-browsing AI agent designed to perform tasks across the internet on behalf of users. The project was officially closed on May 4th, 2026, as first reported by Wired. The Project Mariner landing page now displays a farewell message indicating ...

AI PRODUCT SHUTDOWN
Simulations Plus, Nvidia Team Up for AI Drugs

Simulations Plus, Nvidia Team Up for AI Drugs

Simulations Plus, Nvidia Team Up for AI Drugs - Simulations Plus has announced a partnership with Nvidia to advance AI-driven drug development. The collaboration aims to leverage Nvidia's computing capabilities alongside Simulations Plus's modeling expertise to accelerate pharmaceutical research and development.

AI DRUG DEVELOPMENT PARTNERSHIP

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