OpenAI and Anthropic cut LLM prices up to 80%
OpenAI and Anthropic have cut their large language model prices by up to 80% within a few months. This move reflects rapidly falling infrastructure costs and intensifying competition, likely accelerating enterprise adoption.
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BMS Leads $237M Funding for Pathos AI
US AI pharma startup Pathos AI closed a $237M Series E funding round, reaching a $3B post-money valuation, led by major pharmaceutical company BMS. The funds will support Alzheimer's drug research, highlighting AI's application potential in biomedicine.
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Approaching.AI completes 1.3 billion RMB Series B funding
AI Token producer Approaching.AI announced it has completed a Series B funding round of over 1.3 billion RMB, with multiple investors leading and following. The funds will be used to expand high-quality AI Token production and R&D, as the company reported a tenfold growth in key metrics over six months, accelerating domestic compute delivery.
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Toyota expands robotics strategy; Walden Robotics raises $300M
Toyota is developing its robotics division, planning to deploy 400,000 robots and invest $6.4 billion in automation. Its spinoff Walden Robotics raised $300 million at a $1.1 billion valuation, aiming to compete with Tesla and Chinese firms.
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NVIDIA Reportedly Investing in d-Matrix to Expand Hardware Ecosystem
NVIDIA is reportedly investing in d-Matrix to integrate competitor chips into its ecosystem via decoupled inference. The move aims to enhance AI inference efficiency through heterogeneous collaboration and drive sales of its own networking hardware.
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SoftBank to Invest $50 Billion in Malaysia
SoftBank CEO Masayoshi Son announced a $50 billion investment plan in Malaysia, focusing on AI, data centers, and emerging technologies. The investment targets the states of Sarawak, Kuching, and Peninsular Malaysia.
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