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Gates Foundation commits $1B over two years to expand global AI access

The Gates Foundation is pledging more than $1 billion over two years to expand global access to artificial intelligence and deploy the technology against social inequalities, the foundation announced on Tuesday, September 15 . Bill Gates,…

18d ago·Funding8 INDEPENDENT OUTLETS

OpenAI Weighs Pre-IPO Round at $1.2T, Seeks $1.5T Floor

OpenAI has held early conversations with investors about raising another private funding round at a $1.2 trillion valuation ahead of its planned initial public offering, according to the Financial Times . Separately, the New York Times repo…

18d ago·Funding7 INDEPENDENT OUTLETS

OpenAI, Anthropic, Google DeepMind Confirm Weeks-Long AI Safety Talks

OpenAI has been working with Anthropic and Google DeepMind for several weeks on AI safety coordination, the company's global policy chief Chris Lehane confirmed to reporters on September 15 . Lehane said the firms do not need an antitrust w…

18d ago·Industry7 INDEPENDENT OUTLETS

Canada and Germany commit up to $300M to Bengio's LawZero safety non-profit

The Canadian and German governments are committing up to $300 million in grant funding to LawZero, the non-profit founded by Turing Award winner Yoshua Bengio to build AI systems designed to avoid the failure modes of current models . Each…

17d ago·Funding5 INDEPENDENT OUTLETS

Mistral acquires marketing startup Pimento, its third deal since €3B raise

Mistral has acquired Pimento, a marketing startup, marking the company's third acquisition since its €3 billion fundraise . The deal surfaces days after Mistral secured a consumer distribution channel through Mozilla's Firefox browser, a p…

17d ago·IndustryUPDATED4 INDEPENDENT OUTLETS

Salesforce and Nvidia Corp. build Koa, a CRM reasoning model that undercuts frontier labs on Agentforce

Salesforce announced Koa at its annual Dreamforce conference on September 15, marking the company's first reasoning model, built on Nvidia Corp.'s open-weight Nemotron architecture and post-trained jointly by the two companies for sales, ma…

18d ago·Industry4 INDEPENDENT OUTLETS

Meta prices AI usage into new Meta One subscription tiers, rolls out globally

Meta on September 15 began selling Meta One, a global subscription bundle that pairs premium social-media features with expanded access to the company's AI tools, including capabilities powered by its Muse AI assistant . Individual plans s…

18d ago·Industry4 INDEPENDENT OUTLETS

ByteDance AI spending cuts net profit margin to 16.7% as H1 revenue hits $120B

ByteDance posted first-half 2026 revenue of approximately $120 billion, a roughly 30% year-over-year increase, while net profit fell by a single-digit percentage to $20 billion, according to a report by The Information . The net profit marg…

18d ago·Industry3 INDEPENDENT OUTLETS

ByteDance Wires Doubao, Feishu, Volcengine Into Single Enterprise AI Stack

ByteDance CEO Liang Rubo used the 2026 Feishu Future Unlimited Conference and Doubao Work kickoff to lay out a three-part enterprise AI architecture: Doubao for intelligence and agents, Feishu for the collaboration workplace, and Volcengine…

17d ago·Industry2 INDEPENDENT OUTLETS

Open-weights models close frontier gap to 4.4 months at 30% of cost, Mozilla report finds

The performance gap between the best open-weights AI models from Chinese companies and closed frontier models from US tech firms has narrowed to 4.4 months, according to Mozilla's latest State of Open Source AI report, published on Septembe…

17d ago·Industry2 INDEPENDENT OUTLETS