AI & RoboticsNews

Digg tries again, this time as an AI news aggregator

Digg is back from the dead. Again. Just months after launching, the reboot of Kevin Rose’s once-popular link-sharing site shut down in March as the company shifted course. Originally redesigned as a competitor to the massive community forum site Reddit, the new Digg found that it wasn’t able to effectively manage the bot traffic invading its platform and hadn’t differentiated itself enough…
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AI & RoboticsNews

Laid-off Oracle workers tried to negotiate better severance. Oracle said no. 

As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling in my stomach. I went to go sign into the VPN, and the VPN was like, ‘this user doesn’t exist anymore.’ Then I called my friend, and I was like, ‘Hey, can you see me in Slack?’ And she…
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AI & RoboticsNews

China’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets

Chinese AI companies may not be swimming in as much cash as their Western rivals, but their open source models are still facing no shortage of interest from those who don’t mind a performance hit in exchange for cheap inference. And investors are taking notice. Moonshot AI, the Beijing-based AI lab developing the popular Kimi series of open-weight large language models, has raised about $2…
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AI & RoboticsNews

Peter Sarlin’s QuTwo reaches $380M valuation in angel round

QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million ($29 million) angel round. It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies. QuTwo’s name is a nod to quantum computing, but it hasn’t gone all in on quantum.
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