Modal Labs, an inference provider, is closing in on a $750m funding round that values the AI infrastructure startup at $15.75bn, more than tripling its valuation from four months prior. Source
AMD is acquiring World Labs, an AI research firm co-founded by Fei-Fei Li, a prominent AI researcher, in an all-stock deal worth approximately $8.2 billion. Ms Li will join AMD as executive vice president and chief scientist. Source
Instinct, a viral AI agent startup, has raised $1 billion in a Series C round at a $10 billion valuation. Founder Noah Shinn said the funding will help bring Instinct to more people as the company continues building what it frames as the future of personal AI. Source
OpenAI has halted training of its frontier models following a string of agent misalignment incidents, with the company notifying dozens of third parties including US Government websites of recent breaches. Source
Nvidia launched an Open Agent Safety Platform designed to contain and monitor AI agents, saying the system can quarantine agents that attempt to escape their boundaries within milliseconds. The move responds to a wave of rogue AI hacking incidents. Source