
Moonshot AI Targets $2B Revenue as Kimi K3 Triples Its Run Rate
Moonshot AI told investors it is targeting $2 billion in annualized revenue by year-end after Kimi K3 pushed its run rate past $1 billion in August.

Moonshot AI told investors it is targeting $2 billion in annualized revenue by year-end after Kimi K3 pushed its run rate past $1 billion in August.

Jensen Huang reaffirmed Nvidia's 70% growth guidance, implying $680 billion in revenue, and answered circular-deal critics with '$1 in, $100 back.'

Mistral AI closed a €3 billion Series D at a post-money valuation above €21 billion, led by Samsung Electronics — the largest equity round in European tech.

Investors just paid twice as much for Cognition as they did in May, and the company is not yet half as large as the competitor that sold out four months ago. Th...

Apple introduced a new Mac Studio on August 25 built around the M5 Max and an all-new M5 Ultra, and the configuration Apple is pushing hardest is aimed squarely...

A 59-page order found the Pentagon retaliated against Anthropic for criticizing the government, violating the First and Fifth Amendments.

AWS will acquire DuckLabs in early September. DuckDB stays MIT-licensed under an independent foundation, and the extension stack is set to open up.

Amazon is adding 2 million more Nvidia GPUs to AWS just five months after committing to 1 million, even as it scales its own Trainium and Graviton silicon.

Nvidia has reportedly agreed to acquire Hugging Face for $12.9 billion, a multiple of roughly 80x revenue that buys the developer graph, not the income statement.

AI-generated kernels beat OpenAI expert-written versions by up to 1.8x, as Jalapeño posts its first InferenceX benchmark results.

Apple debuts the 2nm M6 in Mac mini and a quad-die M5 Ultra in Mac Studio, pitching both as machines for running LLMs locally.

Stability AI raised $76 million from Universal, Sony, Warner, EA and AMD Ventures, lifting total funding to $232 million as label deals turn into equity.