Fundraising

AIAnt Ling released Ling-3.0-flash-fin, a finance-specialized open-weight model with 124B total parameters and 5.1B activated, offering high intelligence density for its size. It scores 54.9% on Finance Agent v2 at $0.045 per task, and the free API is available for a limited time, with an fp4 quantized version for local use.

AIOpenAI's Fidji Simo says she is excited to invest in the project and argues education needs a new model. The post offers no further detail, but the quoted background describes The Horowitz Andreessen Academy, a San Francisco school for high school graduates that raised $42M led by a16z.

AICognition announced its expansion into Latin America at MASP in São Paulo, starting with a local team to help companies build more of their software in the region. Itaú reports more than 75% of its technology teams use Devin, with legacy .NET services migrated to Java 6x faster and about 70% of security vulnerabilities resolved automatically. Nubank says Devin cut a multi-million-line monolith migration from years to weeks, at over 20x lower cost.

AIAnde, which builds AI agents for corporate entertainment, has raised $52 million in funding led by Lightspeed and Redpoint along with other investors. The round was reported in The Information's AI Agenda newsletter.

AIAlibaba is preparing its Zhenwu V900 proprietary accelerator for commercial release in the first quarter of 2027, claiming three times the performance of the M890. The company also targets more than 20 gigawatts of global data center capacity by 2032. Its capital expenditures rose 75% year-on-year in the June quarter, while AI cloud revenue grew 44.9% and cloud adjusted EBITA margin reached about 12%.

AIMeta announced a partnership with Shopify to make shopping and checkout easier in Muse. The background post from Shopify's Tobi says the deal enables agentic checkout with Shop Pay across all Shopify stores. More partnerships like this are coming soon.

AIGrok 4.7 is now available in v0, with 40% off until September 27. The v0 post links to a trial page for the model. The background post describes Grok 4.7 as a notable improvement over Grok 4.6 at the same price and speed.

AIAmazon and Stanford University have launched the Stanford and Amazon Research Initiative, a formal framework for research in AI, energy, and healthcare. More than 10 Amazon teams already fund active Stanford research and PhD fellowships, spanning humanoid robotics, post-quantum cryptography, causal measurement science, and AI-driven radiology. The initiative will support joint projects between Stanford faculty and Amazon scientists, PhD fellowships, and symposia and workshops.

AIAridge has signed a cooperation agreement with Ras Al Khaimah to set up a regulatory sandbox for advanced air mobility in the UAE, overseen by the UAE General Civil Aviation Authority. The program will test its Land Aircraft Carrier in desert conditions and plans a demonstration route between Abu Dhabi and Ras Al Khaimah. Regulatory approval for commercial passenger eVTOL flights remains pending.

AIAnthropic is partnering with Accenture on independent evaluation of frontier AI, part of its recent commitment to embed evaluators at the company. Both companies expect to invest at least $1 billion in this capacity over the next five years.

AILovable has acquired Sutro, a company that built a language, compiler, and backend platform making application behavior and rules explicit. Sutro founder Tomas Halgas and three engineers, Max Gfeller, Tony Zhan, and Hirad Arshadi, are joining Lovable, with Halgas leading its technical evangelism.

AIAnthropic is partnering with Accenture, through its specialist AI business Faculty, on independent evaluation of frontier models, including red-teaming, alignment assessments, and safeguard testing. Anthropic and Accenture each expect to invest at least $1 billion in this capacity over five years. The source says embedded evaluators would have employee-comparable access, but standards for access and reporting, and a settled funding system, do not yet exist.

Why it matters: The source ties a new evaluation arrangement to an unresolved question of who funds and sets standards for independent AI evaluators, which is useful context for governance debates.

AIQianjue Technology founder Gao Haichuan argues that robotics will not see one breakthrough that suddenly lifts the whole industry, and he judges the company by deployment results rather than research papers. Qianjue, founded in 2023, has completed a Series A+ round worth a nine-figure RMB sum, with first orders coming from restaurant, cleaning, and hotel service robots. Gao says customers care about task completion, failure rates, and price rather than whether a predictive world model is used.

AIAnthropic is partnering with Adaptyv Bio on a protein design competition in which over 5,000 designs will be experimentally validated. Anthropic is providing up to $1 million in Claude credits plus funding for experimental validation alongside Adaptyv, while Modal contributes up to $250,000 in compute and Twist Bioscience supplies DNA.

AIYi Tay congratulated Vinh Q. Tran (@vqctran) on his move from Google DeepMind and recalled years of co-inventing work together. The post praised Tran's pursuit of his biology passion, which the quoted post describes as building Polyphron to grow human tissue with frontier models and reinforcement learning.

AIChatGPT Ads for Shopify is now live, making Shopify OpenAI's first commerce partner. Merchants set their own campaigns and budgets, with products pulled directly from Shopify Catalog, and the app is free to install and tracked from the Shopify admin.

AICohere and Aleph Alpha have signed a definitive agreement to combine, forming a unified company that will operate globally as Cohere. The combined company will have more than 1,000 employees across Canada and Germany.

AIMistral models now power Firefox Smart Window, Mozilla's AI browsing assistant in beta. Mistral will serve users in France and North America first, with the United Kingdom and Germany expected later this year. Conversations are not saved on Mozilla's servers by default, and partners such as Mistral agree to zero data retention.

AILatent.Space's podcast episode features Richard Socher discussing Recursive, a new neolab that raised $5B to pursue open-ended, self-improving AI for AI research. The conversation covers the Eureka Machine, Socher's 10 Spaces of Intelligence, AI peer review, and the idea that this could be humanity's last invention.

AICognition and AWS have entered a multi-year Strategic Collaboration Agreement to help enterprises deploy the Devin autonomous engineer in production. Devin can be purchased through AWS Marketplace, and the companies are exploring deeper engineering integrations within customers' AWS environments. Mercedes-Benz reportedly used Devin to analyze more than 200,000 lines of COBOL, reducing an estimated eight-month modernization project to eight days.

Why it matters: The collaboration shows how an autonomous coding agent is being packaged for enterprise legacy modernization inside existing AWS environments, with concrete customer migration figures.

AIAir Street Capital has led a $40 million Series A round in Jack & Jill, with Madrona joining and existing investors Creandum and Entrepreneurs First investing again. The company runs Jack, an AI agent that talks with job seekers about career moves and searches millions of job postings, and Jill, a recruiting agent that introduces candidates to hiring managers. Jack & Jill has arranged 25,000 interviews and plans 5,000 more each month, according to the article.

AIShanghai-based Twoo is building an AI that participates in conversations between two users, sharing context, remembering experiences, and helping them plan activities together rather than serving one person. Founder Cobe Chen says the product's monetization includes in-app "shells" that unlock outfits for its octopus AI character, plus premium memberships for professional uses such as collaborative writing and teaching. The company is preparing overseas expansion into North America, Japan, and South Korea.

AIWaymo has signed a formal agreement with Nihon Kotsu and GO to start operating autonomous taxis in Tokyo in 2027. The post links to a Waymo blog post with further details about the Tokyo launch.

AIFactory has raised $200M at a $5B valuation from investors including Blackstone, Khosla Ventures, and Sequoia Capital, bringing its total funding to over $400 million. The company says it will use the capital to accelerate research, product, and global go-to-market efforts. Factory says hundreds of thousands of developers use its platform, with customers including Nvidia, Blackstone, and T-Mobile.

AIWaymo is partnering with Allianz Partners to build insurance, claims, and safety research infrastructure for its planned autonomous ride-hailing expansion in Europe, starting with London and Munich. The collaboration will provide tailored fleet insurance, liability protection, and digital claims handling, plus joint crash analysis and safety modeling research. Waymo cites a 16x reduction in serious injury crashes compared to human drivers in cities where it operates.

AIWaymo, Nihon Kotsu and GO have agreed to prepare a commercial, fully autonomous ride-hailing service in Tokyo, targeting first public rides in 2027. The service will be available through the GO and Waymo apps, starting with an initial fleet and expanding to around 100 vehicles across key Tokyo neighborhoods. The launch depends on regulatory approval from national and local authorities and completion of ongoing validation.

AIOracle co-CEO Mike Sicilia argued on the Q1 FY 2027 earnings call that AI accelerates rather than replaces packaged applications, and promised an "agentic AI accelerator" in October to compress SaaS deployments from years to months. Oracle's SaaS revenue grew 10 percent, while software license revenue fell 3 percent to $5.5 billion and cloud revenue rose 60 percent to $11.6 billion. The company also said GPUs coming up for renewal were renewed or resold at a 20 percent premium and that it turned on 850 MW of new datacenter capacity in the quarter.

AIThe CEO of AI assistant Instinct told investors he is looking to raise $1 billion in new funding. That could imply a $10 billion valuation, four times its valuation from last month.

AICognition has welcomed Jonathan Kelley and the Dioxus team, whose framework Cognition used extensively to build and improve Devin's performance. Cognition plans to continue supporting Dioxus, Blitz, Taffy, and Subsecond while increasing investment in Dioxus-Native and Blitz. The Dioxus team will also work on Devin's virtual machine, computer use skills, and testing capabilities.

AIBill Peebles, OpenAI's former head of Sora, is teaming up with Hollywood mogul Jeffrey Katzenberg and investor Sujay Jaswa to create a new startup. The company will develop AI models for Hollywood, according to a report from The Information.

AILegal AI company Harvey says it raised $550M at a $15.5B valuation, led by Diffusion and Lightspeed. It reports more than $400M in ARR and 3,000 customers, including 80% of the top 100 law firms, and plans to invest the funds in people, compute, and inference and model training.

AIGimlet Labs raised funds in three tranches priced at $2.5 billion, $3 billion, and a "significantly higher" valuation, despite $3 billion being the headline price. The post, citing The Information, presents the structure as evidence of an AI funding frenzy.

AIStarting today, Nashville riders can be matched with a fully autonomous Waymo vehicle through the Lyft app, in addition to hailing on the Waymo app. Lyft says availability will grow in the coming weeks.

AIFactory is now available on the Claude Marketplace, letting enterprise customers apply their committed Anthropic spend toward its autonomous software development platform. The platform automates the software development lifecycle, covering planning, implementation, testing, and security within one system, with enterprise deployment options that keep execution close to customers' code and infrastructure.

AIElad Gil reacted to Cognition's announcement that it raised over $2 billion at a $48 billion valuation, led by a16z, Accel, Founders Fund, General Catalyst, and Avenir. Cognition says its run-rate revenue has grown from $492 million in May to almost $900 million.