Investors Are Still Betting Billions on Alternatives to Nvidia
SambaNova’s $1 billion Series F first close values the inference company at $11 billion and shows how much capital is still chasing alternatives to the dominant GPU stack.
Business, technology and what comes next.
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SambaNova’s $1 billion Series F first close values the inference company at $11 billion and shows how much capital is still chasing alternatives to the dominant GPU stack.
Prime Intellect raised $130 million at a $1 billion valuation to make advanced model training and reinforcement learning available to companies that want specialized internal agents.
OpenAI’s new voice models can listen and speak at the same time, maintain conversational flow and hand difficult questions to a frontier model in the background.
Getty terminated its $3.7 billion agreement with Shutterstock after U.K. regulators required the sale of Shutterstock’s global editorial business.
Norm’s $120 million financing at a $1.2 billion valuation is tied to a more consequential experiment than automated research: a law firm built around supervised agents and outcome-based pricing.
Meta’s newest image model can search, write code, combine references and revise its own output before returning a finished visual.
Anthropic’s newest Sonnet model approaches the agentic performance of its more expensive Opus tier while becoming the default for free and paid individual users.
The interconnect startup’s $50 million strategic financing from major chip and cloud companies highlights a constraint that faster processors cannot solve alone: moving data across an AI system.