Meta opens a weaker AI model while keeping the frontier closed
Meta opens a weaker AI model while keeping the frontier closed

Meta has published the weights for Muse Spark Open, a coding and agent model it says is less advanced than the Muse Wonder frontier model it launched on Monday. Chief AI officer Alexandr Wang said Meta will generally not open-source its most powerful m…

Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record
Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record

Jensen Huang told Bloomberg in Stockholm that CoreWeave’s cost of capital is decreasing and that Nvidia does not need to backstop the company. On the same day CoreWeave’s five-year credit default swaps hit a record 1,194.5 basis points, pricing a more …

CarbonAI raises $12M to automate commercial real estate underwriting with AI agents
CarbonAI raises $12M to automate commercial real estate underwriting with AI agents

CarbonAI has raised $12M led by Cowboy Ventures for AI agents that handle underwriting, due diligence and post-close monitoring on commercial real estate loans. The EU AI Act treats consumer credit decisions as high-risk but not corporate lending, a li…

Google launches Universal Cart in the US, with checkout built into Search and the Gemini app
Google launches Universal Cart in the US, with checkout built into Search and the Gemini app

Google launched Universal Cart in the US on Wednesday, a cart that sits inside Search and the Gemini app, holds products from multiple retailers and takes the payment through Google Pay. Its own roadmap names Canada, Australia and the UK for expansion,…

Nvidia’s new Nemotron 3.5 Super VL is another step forward for US open-weight AI

Nvidia’s new models join a wave of open-weight releases from US labs on the heels of the Hugging Face hack.

Amazon relaunches Bee with two recording devices and a $12 monthly plan
Amazon relaunches Bee with two recording devices and a $12 monthly plan

Amazon has launched the $74.99 Bee Frontier wristband and the $99.99 Bee Eclipse phone attachment, and put the companion software behind an $11.99 monthly subscription. Neither device is on sale in Europe, where recording another person’s private speec…

Tech Race Summit participants warn of obstacles to turning AI pilots into profits [Sponsored]

Early in his talk, Georgios Chatzimilioudis, a Solutions Engineer at Oracle, asked the audience to raise a hand if they expected their business to use more AI in three years than today. Hands went up….

Nebius says struck deals with UK AI labs, welcomes non-compete changes

European AI infrastructure company Nebius says it has struck deals with a number of early-stage UK AI labs as it looks to accelerate its compute and infrastructure offering in the UK.Nebius, which is …

Unsupervised AI agent deletes TV show’s entire edit weeks before release; program can’t air

The Challenge Sweden’s season 2 edit was deleted by an AI agent put on the production server. The program director blames “the human factor” instead of AI.

Glean CEO Arvind Jain says he wants Glean to be easy to replace
Glean CEO Arvind Jain says he wants Glean to be easy to replace

Glean has no plans to raise more money and no concrete plans to go public, founder and chief executive Arvind Jain told TNW. The enterprise AI company could list if it wanted to, he said, and it is getting its internal processes ready. But the AI indus…