Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 — The company, which reported record revenue of $64.2 billion for the third quarter, said the new stock won't affect Mark Zuckerberg's voting control
OpenAI, PerturbAI, and Scripps say thousands of GPT-Rosalind agents analyzed data on millions of mouse brain cells in 32 minutes, a job that takes humans months — How OpenAI, PerturbAI, and Scripps Research used distributed AI agents to help scientists identify promising research leads in data from millions of brain cells
Microsoft reveals pricing for Xbox Cloud Gaming without Game Pass, for Xbox Insiders now and others next month: 10 hours for $3.99, 25 for $7.99, 50 for $11.99 — Microsoft is opening up Xbox Cloud Gaming to anyone in November. … Microsoft announced last month that it will let anyone …
OpenAI acquires Orchestra Bio, which builds AI agents for managing drug development, and plans to integrate its tech into OpenAI life sciences suite Rosalind — OpenAI has acquired Orchestra Bio, a startup building AI agents to help pharmaceutical companies manage drug development, the ChatGPT maker shared exclusively with Axios.
Sources: Nscale is in talks for a second deal with Anthropic worth ~$45B to deliver 460MW of computing power at its West Virginia campus using Vera Rubin chips — Nscale Ltd., the AI cloud computing firm, is in talks to sell computing power to Anthropic PBC in a deal that could be worth about $45 billion …
Town, which develops enterprise AI assistants, raised a $108M Series B at a $1B valuation, after announcing a $55M Series A in June — Town, a two-year-old, San Francisco-based startup developing AI assistants, nabbed a unicorn valuation on Monday, announcing a $108 million Series B funding round co-led …
SF-based home insurer Stand, which uses digital twins of homes to price wildfire risk and insures $10B+ of property, raised a $70M Series C at a $1B valuation — Matt DiStefano shares his screen and rotates a gray 3D model of a California neighborhood. He zooms in on one house and overlays a heat map.