Lovable, an AI coding assistant, is in talks to raise $300 million at a valuation of $13.2 billion, roughly double its previous valuation, according to reporting by Sifted. Menlo Ventures is expected to lead the round. The funding would reflect investor appetite for developer-focused AI tools as the sector matures. Source
Prime Intellect, a startup founded in 2024, has raised $130 million in a Series A round to help enterprises build their own agentic AI systems without relying on frontier AI labs. The company aims to give organizations the capabilities to train and deploy custom AI agents independently. Source
SambaNova, an AI chip maker, raised $1 billion at an $11 billion valuation in a Series F round, the company announced. The funding comes five months after a previous mega round and years after Intel was rumored to be attempting to acquire the company for approximately $1.6 billion. Source
SpaceX's AI division released Grok 4.5 on Wednesday, with Elon Musk describing it as an "Opus-class model." The company positioned the new version as a cheaper and more efficient alternative to other powerful large language models on the market. Source
OpenAI overhauled ChatGPT's voice mode with a new model called GPT-Live-1, designed to interrupt users less and wait when they pause mid-conversation. Research lead Kundan Kumar said the model is intended to feel more like "talking to another person," bringing ChatGPT's voice capabilities closer to natural human dialogue. Source