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White House accuses Moonshot of distilling Anthropic’s Fable to build Kimi K3
Artificial Intelligence
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Reach founders, executives, and tech decision-makers across the US and Europe.
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Latest news
ARTIFICIAL INTELLIGENCE
Stripe wants to own the toll booth between AI models, for ~$10bn
Stripe, the $159bn payments giant, is in talks to buy OpenRouter for around $10bn, the Wall Street Journal reported. The AI “model marketplace” was valued at just $1.3bn in May. Stripe is betting the money in AI is not only in building the models, but in the toll booth between them.
INVESTORS AND FUNDING
Genesis AI is in talks to raise about $500m for its robot brains
A year on from its $105m seed, the physical-AI startup is reportedly chasing a raise that would value it at around $3bn. The talks may not close.
ARTIFICIAL INTELLIGENCE
SAP’s cloud is still booming, and that was enough to calm the AI-doom fears
SAP's cloud business is still growing fast, and that was the number investors wanted. Europe's biggest software company beat cloud-revenue forecasts and lifted its backlog 26%, easing fears that AI will hollow out enterprise-software subscriptions. The stock, down 35% this year on that very worry, jumped, even as SAP trimmed its 2026 profit guidance.
ANTHROPIC
The AI giants just broke with OpenAI and Anthropic on open weights
Nvidia, Microsoft, Meta and 22 others signed an open letter urging Washington not to crack down on open-weight AI, fronted by Jensen Huang's first-ever tweet. The three biggest names missing, OpenAI, Anthropic and Google, are the closed-model leaders who would gain most from a crackdown. And the letter turns their own safety argument against them.
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