Mecka AI, a two-year-old startup focused on robot training data, is nearing a $500m valuation in a funding round led by Sequoia Capital, according to reporting on the deal closing months after the company announced its Series A. Source
Moonshot AI, maker of the Kimi chatbot, is targeting $2bn in annual revenue. OpenRouter data shows as many as 300 billion tokens being generated each day by Kimi models on the system, though usage figures have declined slightly in recent months. Source
Nscale has added Fidji Simo, who served as OpenAI's number two executive, to its board ahead of a potential initial public offering. Ms Simo led Instacart through its IPO in 2023. Source
New Mexico's Supreme Court fined Stephen Aarons, a lawyer, $5,000 and held him in contempt after he included AI-fabricated witnesses and fake police testimony in an appeal for his client's murder conviction. The court said Mr Aarons failed to verify the factual claims in his filing. Source
Users of Anthropic's Claude found ways to circumvent safeguards designed to prevent bioweapons research, according to reporting on the company's threat intelligence findings. The difficulty in blocking such requests stems from the overlap between dangerous biology and legitimate research. Source