General Intuition, a startup building foundation models to train AI agents for robotic movement and spatial reasoning, is raising funding at a $6 billion pre-money valuation. The round includes backing from Valor Ventures, Point72 Ventures, and Seven Seven Six. The company is pushing into robotics as part of its effort to develop generalized AI agents capable of understanding space and time. Source
Hugging Face, the open-source AI platform, is in talks to be acquired at a valuation around $13 billion. The company's founders have expressed reservations about a sale, citing their sense of responsibility to the open-source community that has built the platform. Whether the acquisition will proceed remains uncertain. Source
The Securities and Exchange Commission has opened a probe into Situational Awareness, the AI hedge fund that garnered significant attention on Wall Street before encountering difficulties. The fund is now subject to federal subpoenas, marking a sharp reversal from its earlier prominence in financial markets. Source
Instinct, an AI assistant, is drawing scrutiny over privacy and security practices. Early users praise the tool's capabilities, but critics highlight concerns about its sweeping access to user data, broad terms of service, and its ability to take action on users' behalf without clear constraints. The trade-offs between functionality and user protection remain contentious. Source
Twitch and Amazon face a lawsuit alleging that the livestreaming platform used streamers' videos to train AI systems without their permission or proper compensation. The legal action underscores growing tensions between technology companies and content creators over the use of copyrighted material in machine-learning development. Source