Nvidia AI Chip Rivals Attract Record Funding as Competition Heats Up
AI chip startups challenging Nvidia raised $8.3 billion globally in 2026, with new rounds for Euclyd, Fractile, Axelera, and Olix signaling intense competition.
AI chip startups challenging Nvidia raised $8.3 billion globally in 2026, with new rounds for Euclyd, Fractile, Axelera, and Olix signaling intense competition.
AI coding startup Factory has hit a $1.5 billion valuation as enterprise demand for AI-assisted software development continues to surge in 2026.
A Stanford study finds China has dramatically closed the AI performance gap with the US since 2023, while the flow of AI talent to America is slowing.
Sequoia Capital's new leaders have raised a $7 billion fund, the firm's largest, to deepen investments in AI giants including OpenAI and emerging startups.
Robotics startup Physical Intelligence releases π0.7, a general-purpose robot model capable of figuring out tasks it was not explicitly trained to perform.
The US government will provide major federal agencies access to Anthropic's frontier Mythos AI model amid rising concerns over its cybersecurity capabilities.
Economist Simon Johnson warns that AI risks eroding middle-class employment and widening inequality unless policymakers act decisively.
The European Union has proposed measures requiring Google to open key search data to rival search engines and AI chatbots to boost competition.
Forbes' 2026 AI 50 list features companies that have collectively raised $305.6 billion, signaling a shift toward AI-independent business models.
Mozilla's Thunderbolt is a self-hosted, open-source enterprise AI client designed as an alternative to Microsoft Copilot and ChatGPT Enterprise.
Google's AI Mode in Chrome now lets users open source links alongside their AI conversation, enabling follow-up questions without losing context.
Canva AI 2.0 transforms the design tool into a conversational, agentic platform with persistent memory, natural language editing, and third-party integrations.
OpenAI drastically updates its Codex desktop agent to control other apps, generate images, preview webpages, and integrate with 90+ new plugins.
OpenAI debuts GPT-Rosalind, a limited-access model designed to accelerate biological research and drug discovery workflows.
Anthropic publicly releases Claude Opus 4.7, its strongest generally available model, while keeping the even more powerful Mythos Preview restricted.