White House science advisor Michael Kratsios said that Moonshot, the Chinese company behind Kimi K3, the largest available open-weight LLM, built its model by copying Anthropic’s Fable LLM while using chips that aren’t cleared for export to China.
“Large-scale, covert industrial distillation aimed at stealing proprietary U.S. technology and undermining American research is unacceptable,”…
ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
July 24, 2026
ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services.
The company has invested $40 million in…
Passionfroot, a German startup building a marketplace connecting B2B creators with brands, said on Wednesday it has raised $15 million in a Series A funding round led by Insight Partners.
Rebecca Liu-Doyle, managing director at Insight Partners, said Passionfroot is placed…
Glow emerges from stealth at $1.2B valuation to challenge endpoint security in the AI era
July 23, 2026
Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth as a unicorn, betting that artificial intelligence is reshaping how enterprises secure employee devices.
The Palo Alto-headquartered startup on Wednesday said it raised $180 million in an all-equity Series A funding round that valued it at $1.2 billion, with backing from Sequoia Capital…
For years, Synthesia’s pitch was to use AI to help enterprises create interactive training videos, in minutes, for a fraction of the cost normally associated with developing corporate educational materials. The startup’s newest product is making a different bet – that…
AI and the rise of the universal entertainment app
July 22, 2026
All the big entertainment apps are starting to look the same, and that’s not an accident. For a decade, platforms fought over who would dominate a single format: music, video, podcasts, audiobooks. Now, powered by AI, they’re fighting over something bigger – becoming…
On Tuesday, Treasury Secretary Scott Bessent said the U.S. would examine open source models from China for signs of intellectual property theft, threatening sanctions against Chinese AI companies if IP theft is established.
“We’ve seen a lot of talk about open source models coming and threatening the large language models in the U.S.,” Bessent said on Fox Business Tuesday. “This…
Gritt exits stealth with $32 million for robots to build solar plants — then, everything else
July 22, 2026
One of the most important things happening on Earth today is the solar energy build-out. Around the world, companies and countries are racing to deploy solar and batteries to achieve energy independence and limit the effects of climate change.
That build-out, though, is…
The impressive capabilities of Chinese lab Moonshot’s Kimi K3, the biggest open-weight large language model, has kicked off a debate that conflates two things: the economic possibilities of American AI giants and the future of LLMs as a technology.
OpenAI’s head of…
Adobe is adding new AI-powered features to its experimental iOS camera app called Project Indigo, launched last year. The app previously offered pro controls, multi-frame super-resolution, and different capture modes, and is now adding features that will use LLMs (large language models) to critique photos and provide editing suggestions.
It’s also adding other AI features, like advanced object…
