OpenAI has closed a $40 billion funding round, a record for a private tech firm. The infusion gives the nine-year-old San Francisco startup a $300 billion valuation making it the second most richly apprised private firm in the world, second only to SpaceX at $350 billion and tied with ByteDance, according to CNBC. The round was led by SoftBank Group contributing $30 billion, which likely gives the Japanese holding company the second largest stake, after Microsoft, which is said to have received a commitment for 49 percent of any profits in exchange for nearly $14 billion. Continue reading OpenAI Closes the Largest Private Tech Funding Round Ever

Meta Platforms is developing a deluxe entry for its popular Ray-Ban Meta smart glasses line that is said to incorporate hand-gesture controls and will include a screen for displaying photos and apps. The price tag will reportedly be more than $1,000 (and possibly as high as $1,400) when the item hits the shelves, possibly by the end of this year. Code-named Hypernova, the souped-up eyewear is part of a Meta plan to make a wearable alternative to Apple iPhones. Existing Ray-Ban Meta glasses can pair with Android phones to make calls. Continue reading New Ray-Ban Meta Smart Glasses to Include Built-In Screen

Runway has introduced a new video generation model, launching a next phase of competition that could transform film production. Notably, its Gen-4 system improves the consistency of characters, locations and objects across multiple scenes, an elusive prospect for most AI video generators. The New York-based startup calls its new development “a step towards Universal Generative Models that understand the world.” The key, Runway says, is to provide a single reference image of the character, item or environment as part of the model’s project material. Runway Gen-4 can generate 5- and 10-second clips at 720p resolution. Continue reading Runway Gen-4 Tackles AI’s Elusive Video Scene Consistency

Amazon is formally rolling out its new Nova family of foundation models. Teased at the re:Invent conference hosted by AWS, details of the new multimodal series began leaking out this month. As part of the move, Amazon is diving into the agentic AI business with a new model called Nova Act, which is now in research preview. Nova Act is designed to control Web browser actions and independently tackle simple tasks. A Nova Act SDK is also being made available to allow developers to customize their own agents using the general-purpose Nova. The company is pushing for agents to help streamline business productivity. Continue reading Amazon’s Nova Model Series Includes Nova Act for AI Agents

Chinese smartphone giant Vivo is entering the XR headset market with a device called the Vivo Vision that is drawing comparisons to Apple’s Vision Pro in name and looks. The headset debut coincides with the announcement of the Vivo Robotics Lab, signaling a strategic expansion beyond mobile phones. Vivo EVP and COO Hu Baishan said that AI and robotics currently represent the height of technological achievement in the digital and physical worlds, and that the mobile phone industry, with its massive consumer base and advanced infrastructure is well-positioned to bridge the two worlds, “blending digital connectivity with physical capabilities.” Continue reading Smartphone Maker Vivo Intros Vision XR and Robotics Group

During Nvidia’s GTC AI Conference in San Jose earlier this month, VP and GM of Media & Entertainment Richard Kerris presented the Nvidia Media2 initiative that builds on the company’s Blackwell GPU foundation to enable real-time AI solutions for all aspects of media production workflows. His talk showcased a broad range of generative AI breakthroughs in real-time ray tracing and VFX, video search and summarization, and musically-based sound effects (SFX). Kerris also shared insights on the media industry’s reception to AI thus far and humbly implored the audience to consider using such technology as an effective new tool for storytelling. Continue reading Nvidia Forges AI Initiative to Streamline Production Workflows

Just prior to the start of the weekend, Elon Musk announced that his artificial intelligence company xAI is acquiring his social media platform X (formerly Twitter) “in an all-stock transaction,” valuing xAI at $80 billion and X at $33 billion ($45 billion less $12 billion in debt). The merger has the potential to create a powerful GenAI-powered content platform. The billionaire purchased Twitter in late 2022 for $44 billion, following months of legal skirmishes. According to Musk, X currently touts more than 600 million active users, while “xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale.” Continue reading Elon Musk Announces xAI Corporation Will Purchase X Social

Tech firm Infinite Reality — which specializes in AI-powered 3D immersive experiences — has agreed to pay $207 million for Napster, the 26-year-old music streaming service. The sellers are crypto investment firm Hivemind Capital Partners and blockchain firm Algorand, that acquired the platform in 2022. Infinite Reality is privately held, listing among its investors Liberty Media, Live Nation, MGM, T-Mobile and Barry Diller’s IAC. The company plans to steer Napster to superfan experiences, making it “more immersive, more social, and more shoppable.” Napster CEO Jon Vlassopulos, former global music chief at Roblox, will continue in his current post. Continue reading Infinite Reality Agrees to Acquire Napster in $207 Million Deal

China’s Ant Group is using local semiconductors to train AI at a cost that is 20 percent less than companies typically spend, according to reports. Ant used domestic chips — from companies including Alibaba, an investor in Ant, and Huawei — to launch a unique Mixture of Experts (MoE) training approach that produced results commensurate to training with Nvidia H800 chips. Ant is the latest Chinese company to focus on low cost training, joining a competition triggered by DeepSeek, which in January announced it could build AI comparable to the models released by U.S. companies like OpenAI, Anthropic and Google for billions less. Continue reading Ant Group Stacks Chips to Reduce Development Costs for AI

Alibaba Cloud has released Qwen2.5-Omni-7B, a new AI model the company claims is efficient enough to run on edge devices like mobile phones and laptops. Boasting a relatively light 7-billion parameter footprint, Qwen2.5-Omni-7B understands text, images, audio and video and generates real-time responses in text and natural speech. Alibaba says its combination of compact size and multimodal capabilities is “unique,” offering “the perfect foundation for developing agile, cost-effective AI agents that deliver tangible value, especially intelligent voice applications.” One example would be using a phone’s camera to help a vision impaired-person navigate their environment. Continue reading Alibaba’s Powerful Multimodal Qwen Model Is Built for Mobile

OpenAI has activated the multimodal image generation capabilities of GPT-4o, making it available to ChatGPT users on the Plus, Pro, Team and Free tiers. It replaces DALL-E 3 as the default image generator for the popular chatbot. GPT-4o’s accuracy with text, understanding of symbols and precision with prompts combined with well multimodal capabilities that allow the model to take cues from visual material have transformed its image capabilities from largely unpredictable to “consistent and context-aware,” resulting in “a practical tool with precision and power,” claims OpenAI. Continue reading OpenAI Delivers Native GPT-4o Image Generator to ChatGPT

Google has released what it calls its most intelligent AI model yet, Gemini 2.5. The first 2.5 model release, an experimental version of Gemini 2.5 Pro, is a next-gen reasoning model that Google says outperformed OpenAI o3-mini and Claude 3.7 Sonnet from Anthropic on common benchmarks “by meaningful margins.” Gemini 2.5 models “are thinking models, capable of reasoning through their thoughts before responding, resulting in enhanced performance and improved accuracy,” according to Google. The new model comes just three months after Google released Gemini 2.0 with reasoning and agentic capabilities. Continue reading Google Debuts Next-Gen Reasoning Models with Gemini 2.5

Microsoft is debuting a suite of security agents for Copilot that will take over repetitive and rote tasks burdening cybersecurity teams. This next evolution of Security Copilot with AI agents is designed to autonomously assist in critical areas such as phishing, data security, and identity management. “The relentless pace and complexity of cyberattacks have surpassed human capacity and establishing AI agents is a necessity for modern security,” notes the company. Microsoft Threat Intelligence is processing 84 trillion signals per day, indicating exponential growth in cyberattacks, including 7,000 password attacks per second, the company says. Continue reading Microsoft Is Combating Security Threats with Copilot Agents

Google has added a Canvas feature to its Gemini AI chatbot that provides users with a real-time collaborative space where writing and coding projects can be refined and other ideas iterated and shared. “Canvas is designed for seamless collaboration with Gemini,” according to Gemini Product Director Dave Citron, who notes that Canvas makes it “an even more effective collaborator” in helping bring ideas to life. The move marks a trend whereby AI companies are trying to turn chatbot platforms into turnkey productivity suites. Google is launching a limited release of Gemini Live Video in addition to bringing its Audio Overview feature of NotebookLM to Gemini. Continue reading Canvas and Live Video Add Productivity Features to Gemini AI

Anthropic’s Claude can now search the Internet in real time, allowing it to provide timely and relevant responses that are also more accurate than what the chatbot previously offered, according to the company. Claude incorporates direct citations for its Web-retrieved material, so users can fact-check its sources. “Instead of finding search results yourself, Claude processes and delivers relevant sources in a conversational format.” While this is not exactly groundbreaking — ChatGPT, Grok 3, Copilot, Perplexity and Gemini all have real-time Web retrieval and most include citations — Claude takes a slightly different approach. Continue reading Real-Time Web Access Informs Claude 3.7 Sonnet Responses