#Funding/M&A

AIOpenAI is announcing $17 million in new commitments to support researchers participating in the U.S. Department of Energy's Genesis Mission. The commitments expand researchers' access to frontier AI and technical collaboration to accelerate American scientific discovery.

AICognition has signed a memorandum of understanding with the U.S. Department of Energy to join the Genesis Mission, a national AI initiative launched by executive order in November 2025. Cognition will contribute its Devin autonomous AI software engineer in four areas: software and data security, modernizing legacy scientific code, expanding scientific workforce capacity, and cloud modernization. Devin Desktop and CLI are listed as FedRAMP Class D (High) Authorized, and the company has offered in-kind code security scans for national laboratory codebases.

AILisa Su says AMD Helios will help power Anthropic's Claude at gigawatt scale. The quoted AMD announcement states the partnership expands to up to 2 GW of AMD Instinct MI450 Series GPUs in AMD Helios, with AMD committing up to $5B in strategic equity investment in Anthropic.

AIOpenAI is developing Project Camellia, a long-term AI infrastructure project in Effingham County, Georgia, and says it will pay all infrastructure and electric-service costs so existing ratepayers are not subsidizing it.

AIMistral announced an expanded global strategic partnership with Microsoft, backed by a multi-billion dollar commitment from Microsoft. The deal accelerates Mistral's AI infrastructure build-out in Europe and makes its open-weight models available to Microsoft customers in Copilot Studio, Azure Foundry, and Azure Local.

AIDavid Vélez, founder and Global CEO of Nubank, and Robin Vince, Chairman and CEO of BNY, are joining the boards of the OpenAI Foundation and OpenAI Group PBC. The post says they bring experience in technology, finance, and expanding economic opportunity globally.

AIFei-Fei Li announced that SceniX is joining World Labs. She framed spatial intelligence as more than perceiving and generating worlds, emphasizing interaction with them.

AICognition has acquired or welcomed the TierZero team, led by Anhang and Yun, to bring their work on automations into Devin. The goal is to help engineers spend less time handling incidents and more time building, with the source offering no further product details.

AIAMD and Microsoft Azure are expanding their partnership to deploy AMD Helios with MI455X GPUs, Venice CPUs, and Pensando networking. According to AMD's linked background, Microsoft will use Helios to power frontier model AI inference for itself, its AI customers, and Azure AI services.

AIKimi has temporarily paused new subscriptions after Kimi K3 demand pushed its GPU capacity close to limits over the past 48 hours. Existing subscribers are unaffected, and compute is being prioritized for current members while new subscription spots reopen in batches. The company also plans to split membership into Kimi Membership for Kimi Web, App, and Work, and Kimi Code Membership for coding workflows.

AISable has created "Aidan," an AI employee that leads customer calls using vision, voice, video and real-time browser interaction. Frontier companies including Notion and Decagon are already using Sable to explain their products, and more than 150 companies are on its waitlist. Sequoia Capital led Sable's seed round and co-led its Series A.

AIBunkerhill Health's Carebricks platform lets health systems create and deploy AI agents across clinical and operational use cases using data hospitals already generate. Sequoia Capital backed the company at seed and is continuing to invest. At UTMB Health, Bunkerhill grew from one agent in production to more than twenty, consolidating multiple vendors' point solutions into one platform.

AICognition says its one-year-old merger with Windsurf has produced a more capable Devin, which now manages other Devins at a mid-to-senior engineering level, and new SWE-1.7 model, described as its most capable and efficient to date. The company reports growing from 44 to 350 people and revenue run rate from $73M to $500M+ since merging the brands.

AIFidji Simo has decided to leave her full-time role at OpenAI and transition to a part-time advisor position after seven years of managing a chronic illness that required medical leave three months ago. She says she had repeatedly deferred this decision in the past and now prioritizes recovery, while remaining engaged in work on AI-driven health solutions through OpenAI, Chronicle Bio AI, and CODA.

AIOpenAI's Fidji Simo says CAPABLE gives her a lot of hope, praising the team for redefining what is possible in drug development. She says she is glad to support the company. The quoted post describes CAPABLE as a lab that goes from AI-led drug design to data in 24 hours, starting with short-sleeper peptides.

AIKevin Weil, who runs OpenAI, invites readers to join a team working on an important mission at the intersection of AI and biology. The quoted post from @isaakfreeman describes a lab that goes from AI-led drug design to data in 24 hours, with a stated goal of building a biological compute layer for future models, starting with short-sleeper peptides.

AITogether AI says it is serving 400 trillion tokens per month, and demand for open models keeps rising. The company also announced an $800 million Series C at an $8.3 billion valuation, as it works to build an efficient generative AI platform.

AIBridgewater, one of the world's largest hedge funds, fine-tuned a model to identify interesting financial news using the Tinker platform. The company says its fine-tuned model is more effective and cheaper than any frontier model for this task.

AIBridgewater partnered with Thinking Machines on Tinker to fine-tune a model that helps its analysts focus on what matters most. The post frames the work as experts improving AI that empowers experts, with a linked article on replicating expert judgment in financial tasks.

AITri Dao says Etched designed and produced its chips within two years by hardcoding attention into silicon and reaching high MFU. He expects hardware built for LLM inference to cut the cost of intelligence by 10x. The quoted Etched post says it has built its first racks after an A0 tapeout, raised $800m, holds $1B+ in customer contracts, and plans to ship the racks this summer.

AIXiaomi MiMo's account celebrated growing developer adoption of its open-weights models, crediting Cline for building on MiMo. Cline's linked post announced a $9.99/month subscription offering 2-5x discounted access to GLM-5.2 and other open-weight models including DeepSeek, Kimi, MiniMax, MiMo, and Qwen, with a $1.99 promo for sign-ups via npm i -g cline.

AIAndy Jassy said Amazon will invest $48 billion in India over the coming five years, including over $21 billion in AI and cloud infrastructure, following a meeting with Prime Minister Narendra Modi. By 2030, Amazon plans to support 3.8 million jobs, enable $80 billion in e-commerce exports, and bring AI benefits to 15 million small businesses and 4 million government school students.

AIFidji Simo praised Intercept, a $500 million philanthropic initiative to eliminate respiratory infections like colds and flu. The accompanying blog post cites links such as 9.8x asthma risk by age 6 after rhinovirus infection in early childhood and 6.1x heart attack risk for seven days after influenza. Intercept will fund broad-spectrum preventatives and air-cleaning technologies.

AIGoogle Labs announced that Project Genie has won the Cannes Lions Grand Prix for AI Craft. The honor recognizes how Genie achieves creative outcomes that go beyond conventional limits, according to a quoted post from a team member.

AIMidjourney announced a new division named Midjourney Medical. The post provides no further details about its scope, products, or timeline.

AIOpenAI has welcomed Noam Shazeer as its new lead for architecture research, citing his work on transformers, MoE, and efficient decoding. Shazeer announced he is leaving Google to join OpenAI.

AIMckay Wrigley congratulated the Cursor team on more than three years of work and said he is excited to see what they build with compute from SpaceX and xAI. He noted he still keeps the original open-source Cursor repo on his laptop. Background posts from him describe Cursor as his full-time IDE, citing codebase search as a major productivity gain.

AIYi Tay says he moved from an individual contributor role into management, with Qx Dong bringing him into the role a few months ago. He describes watching researchers join the team, building its culture, and stepping onto the frontline, and calls the concentration of talent in Singapore unprecedented.

AISpaceX has exercised its option to acquire Cursor in an all-stock transaction, aiming to build highly useful AI models. The quoted announcement says SpaceXAI has spent several months jointly training a model with Cursor, to be released soon in Cursor and Grok Build.

AISpaceX has exercised its option to acquire Cursor in an all-stock transaction, with the stated goal of building the world's most useful AI models. Over the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon.

AISoumith Chintala congratulated Reardon and the team behind Flourish AI, saying that matching human-level sample efficiency and energy consumption in AI would change many things. The post links to a Wired story on Jeff Bezos funding a search for the brain's core algorithm.

AICognition introduced the AI Productivity Guarantee, under which it will issue credits up to $10M if Devin delivers less engineering value than enterprise customers pay for. The company uses an AI estimator to measure hours of productive output, validated against engineers' own estimates of how long the same work would have taken by hand. Value is converted to dollars at a standard global rate and compared against each customer's consumption near the end of the annual contract.

Why it matters: The post explains how Cognition estimates Devin's output in hours and backs the estimate with a $10M credit commitment, a concrete model for measuring AI vendor value.

AICognition raised over $1B at a $26B valuation, led by Lux Capital, General Catalyst, and 8VC. Enterprise Devin usage grew more than 10x since the start of this year, and run-rate revenue reached $492M. The company also said it launched SWE-1.6, which reaches up to 950 tok/s and has become the most used model in Devin Desktop.

AIThinking Machines is offering grants of $100,000 plus Tinker credits to researchers advancing human-AI interactivity, with proposals due June 19th. Mira Murati's post frames collaborative AI as real-time interaction between machines and people across every modality, and invites a community to help solve it.

AIThinking Machines is offering grants of $100,000 plus Tinker credits to researchers advancing human-AI interactivity, with proposals due June 19. Lilian Weng's post urges more collaboration and research in this field.

AIThinking Machines says its team produced 12 versions, plus many subversions, and filled 137 pages of training run logs in recent months. The post credits human-human collaboration with improving human-AI collaboration. The linked blog describes an AI designed to talk, listen, watch, and think with people in real time.

AIOpenAI's Fidji Simo praised CellularIntel as a strong example of AI applied to biology and said she is proud to advise the team. The post cites the company's progress from an early idea, and the referenced post reports CellularIntel acquiring the STEM-PD Phase 2-ready allogeneic cell therapy program for Parkinson's from Novo Nordisk, which will also invest in CI.

AIRAGFlow, an open-source RAG engine, has reached 80K GitHub stars, according to PaddlePaddle's congratulatory post. PaddlePaddle said it is a PaddleOCR OCEAN Alliance member collaborating with the RAGFlow team through deep PaddleOCR integration and document AI work.

AIAnthropic announced a partnership with SpaceX that will give it more compute, according to the post. The related Claude post says Claude Code's 5-hour rate limits are doubled for Pro, Max, and Team plans, peak-hour reductions are removed for Pro and Max, and Opus API rate limits are substantially raised.

AICognition has opened its Asia-Pacific headquarters in Singapore to expand its autonomous software engineering platform, Devin, across the region. The company says OCBC saw up to 30% improvement in code and test case generation, and its system integration test first-pass rate rose from below 50% to over 80% after deployment. Cognition is building its Singapore team across engineering, go-to-market, and partnerships, with Richard Spence leading APAC.