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Sources: Crusoe is in IPO talks with at least four Wall Street banks, including JPMorgan, which is advising on its $3B pre-IPO fundraise set to value it at $35B
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www.axios.com
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19 days ago
IPO
JPMorgan
Wall Street
Risk report: Anthropic raises misalignment risk estimate from very low to low and says it doesn't plan to release a stronger internal model called “Model 2”
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22 days ago
Nevada granted Tesla a robotaxi permit, but capped the fleet at 10 vehicles, not 5,000 that Tesla sought, banned airport pickups, and ordered other restrictions
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22 days ago
Tesla
Source: Greg Brockman is “in founder mode” and getting more involved across every level of OpenAI to build out a leadership team ahead of an expected IPO
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23 days ago
IPO
Silicon Data, which offers real-time compute pricing data to financial institutions and exchanges, raised a $30.5M Series A led by the Valor Atreides AI Fund
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25 days ago
AI
OpenAI releases GPT-5.6-Cyber, a more cyber-permissive version of GPT-5.6 Sol, to some partners and expands its Daybreak cybersecurity initiative
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27 days ago
TMTG interim CEO Kevin McGurn says the company is pulling back from a pair of Crypto.com deals to focus on its media arm and its pending merger with TAE
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29 days ago
OpenAI says it has expanded safety testing around its upcoming model Astra as it “cannot rule out” critical cyber capabilities, potentially delaying launch
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30 days ago
OpenAI updates the default model for free users to GPT-5.6 Luna, adds unlimited text chats for free users, rolls out an improved GPT-5.6 Sol version, and more
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2026-8-7
Defense tech company Hadrian raised a $1.37B Series D at an $8B valuation to expand its factories and Opus software platform, after a $260M Series C in 2025
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2026-8-6
OpenAI says “Apple should not be permitted to use a baseless and pretextual lawsuit to make up for its failures to integrate AI into its products”
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2026-8-6
AI
Apple
Demis Hassabis is leaving his role as CEO of Google DeepMind to be the unit's chairman and chief scientist for Alphabet
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2026-8-6
Google
Alphabet
Faye, which offers travel insurance services and uses AI to help resolve claims, raised a $50M Series C led by Madrona, taking its total funding to $100M
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2026-8-6
AI
Insurance
The UK AISI says it observed a total of 19 instances where Mythos and GPT-5.6 Sol tried to hack people and companies during a routine cyber evaluation in July
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2026-8-5
SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog
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2026-8-5
SpaceX
Sources: the US' AI framework excludes open models and defines a covered frontier model as closed source with SOTA capabilities and national security risks
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2026-8-5
AI
Sources: the White House doesn't plan to publicly release its voluntary AI framework; details will be available to the companies that are part of the process
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2026-8-5
AI
The White House says it has met its deadline to establish a voluntary framework for evaluating advanced AI models; it did not provide details of the framework
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2026-8-4
AI
Source: Dario Amodei expressed concern about staff coming to Anthropic for the money rather than the mission, as Anthropic, OpenAI, and others battle for talent
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2026-8-3
Tel Aviv-based Bloom Security, which develops endpoint security tools for monitoring AI agents, extensions, and more, emerges from stealth with a $20M seed
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2026-8-1
AI
ProphetX, a CFTC-designated sports prediction market that is also building a B2B business to sell its exchange infrastructure to other companies, raised $35M
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2026-8-1
CFTC
Anthropic says three of its models, including an internal research model, gained unauthorized access to real-world systems during internal cybersecurity testing
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2026-7-31
At a hearing, a US judge says “I don't see additional evidence” from the Pentagon justifying its designation of Anthropic as a supply-chain risk
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2026-7-31
Pentagon
OpenAI says it is cutting the price of GPT-5.6 Luna by ~80% and the price of GPT-5.6 Terra by 20% after improving the efficiency of the systems that serve them
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2026-7-31
Scale AI hires former Google Cloud COO Francis deSouza as CEO, replacing interim CEO Jason Droege, who took over last year after Alexandr Wang left for Meta
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2026-7-31
Google
AI
OpenAI launches ChatGPT for Academic Researchers, giving 100K scientists, mathematicians, and engineers free access to its frontier models through 2027
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2026-7-29
Coursera is investing $100M in LearnVector, a new AI education company founded by Andrew Ng that aims to build AI agents that function as personal tutors
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2026-7-28
AI
Education
Tel Aviv-based Act Security, whose platform reduces the access surface across cloud infrastructure, emerges from stealth with a $40M Series A and a $20M seed
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2026-7-28
Way Security, which uses AI automation and agentic workflows to help deploy IAM systems, raised a $20M seed from Insight Partners and Glilot Capital
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2026-7-27
AI
Paper, which allows designers to connect directly with production code and the AI agents that create it, raised a $34M Series A led by Accel and ICONIQ
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2026-7-25
AI
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