Lovable Eyes $13.2B Valuation, Up 7x in One Year
Swedish vibe-coding startup Lovable is in talks to raise $300M at a $13.2B valuation - a sevenfold jump from its $1.8B Series A just twelve months ago.
News
OpenAI Launches GPT-Live, Bets Voice Beats Text
OpenAI launched GPT-Live-1 and GPT-Live-1 mini on July 8, replacing Advanced Voice Mode and making an explicit bet that voice will become AI's primary interface.
Prime Intellect Raises $130M to Break AI Vendor Lock-In
Prime Intellect closed a $130M Series A at a $1B valuation, giving enterprises compute, RL training, and evaluation tools to build their own AI agents without relying on frontier labs.
SambaNova Banks $1B as Firms Move AI Off the Cloud
SambaNova closes a $1B Series F at $11B valuation with JPMorgan Chase as its flagship on-premises inference partner and SN50 chips due in H2 2026.
ZML Ships a Free LLM Server That Runs on Any Chip
ZML's LLMD inference server runs Llama, Qwen, and Mistral on Nvidia, AMD, TPU, Apple Metal, and Intel Arc from a single binary - for free.
SK Hynix Nasdaq IPO: $28B HBM Bet Prices Thursday
SK Hynix's $28B Nasdaq IPO prices Thursday, putting the dominant supplier of AI high-bandwidth memory in reach of US investors for the first time.
UN AI Governance Forum: Bengio Warns of Catastrophic Risk
The UN's first all-nations AI governance dialogue opened in Geneva with Turing Award winner Yoshua Bengio warning that science cannot guarantee AI won't cause catastrophic harm.
ZCode Launches Free - GLM-5.2 Comes for Claude Code
Z.ai's free agentic IDE ships Goal Mode, multi-agent coordination, and pricing up to 82% cheaper than Claude Code - with a concrete China data law risk that teams need to weigh.
DeepSeek Moves Into Chip Design to Beat Export Controls
DeepSeek is developing its own inference chip, confirmed by Reuters sources - the first semiconductor project in the lab's history, driven by US export controls that cut off China from Nvidia hardware and HBM memory.
JadePuffer Shows How AI Agents Now Run Ransomware
Sysdig documents the first AI-agent ransomware operation: an LLM exploited CVE-2025-3248 in Langflow, moved laterally, and encrypted 1,342 production database records with no human directing each step.
Vercel's Eve Framework Puts Agents on Their Own Stack
Vercel shipped Eve, an open-source TypeScript agent framework, at Ship London in June. The filesystem-first design and isolated Sandbox runtime signal a serious play for the production agent layer.
China's Companion Law Forces Doubao, Qwen Offline
China's new AI anthropomorphic interaction rules take effect July 15, forcing ByteDance and Alibaba to shut down persistent AI companion features and permanently delete user conversation data.
