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XCENA raises $135M at a $570M valuation to build the MX1 - a CXL 3.2 chip with thousands of RISC-V cores that processes AI workloads where data lives, eliminating costly data transfers between GPU and RAM.
After licensing its chip technology to Nvidia for $20 billion, Groq is raising $650M from existing investors to rebuild itself as an AI inference cloud provider.
OpenAI published its first public compliance framework mapping internal safety practices to California's SB 53 and the EU AI Act - but critics note the underlying Preparedness Framework quietly dropped manipulation from its risk categories last April.
Mistral acquired Vienna-based Emmi AI and launched Physics AI - models that replace multi-day engineering simulations with seconds of inference on a single GPU.
Claude Opus 4.8 launches with dynamic workflows for parallel subagent orchestration, hitting 69.2% on SWE-bench Pro and introducing granular effort controls at unchanged pricing.
Anthropic's $65 billion Series H closes at a $965 billion post-money valuation, pushing it past OpenAI as the most valuable private AI company - driven by $47B in run-rate revenue and a clear IPO runway.
Visa invests in Replit and integrates its Trusted Agent Protocol into the coding platform, placing payment identity infrastructure directly inside the tools developers use to build AI agents.
Robinhood launched MCP-powered agentic trading in beta on May 27, letting AI agents from Claude and ChatGPT manage stock portfolios for 27.5 million retail customers - while regulators work out who's responsible when it goes wrong.
Cognition's $1B funding round at a $25B pre-money valuation puts Devin's $492M ARR and model-agnostic architecture under scrutiny as every major AI lab ships its own coding agent.
China's government has extended travel restrictions to AI researchers at Alibaba, DeepSeek, and other private firms, requiring official approval before they can leave the country.
NVIDIA NVLabs open-sourced SANA-WM, a 2.6B-parameter world model that generates 60-second 720p camera-controlled video on a single GPU, outperforming 14B+ competitors that need 8 GPUs.
Iranian IRGC-linked group Nimbus Manticore used AI coding tools to build a new backdoor during the US-Iran conflict, targeting aviation and software firms across three campaign waves.
