Apple rents Gemini to rebuild Siri
The new Siri reportedly uses a custom 1.2 trillion-parameter Gemini model under a three-tier routing system that keeps simple work local and heavy reasoning in Google’s cloud.
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View archive →Moonshot AI seeks a $30 billion valuation
Kimi’s maker is reportedly raising $2 billion after ARR doubled from March to April and its K2 line moved from chat toward agents.
OpenAI files confidential IPO paperwork
The draft S-1 reportedly targets an $850 billion-plus valuation, but the company is still balancing public-market timing against private-company flexibility.
Apple makes cloud AI free for smaller developers
Apps under two million first downloads can use Apple’s cloud AI without API fees, a sharp contrast to the broader industry shift toward token-metered billing.
Tim Cook heads into his final WWDC as CEO
Cook’s handoff to hardware chief John Ternus lands just as Apple leans on Gemini for Siri, making AI the first major test for the next CEO.
PhysicsX raises $300 million for large physics models
The F1-rooted startup says its physics AI can shrink simulations from hours to seconds, drawing Temasek, Nvidia and industrial backers into a $2.4 billion valuation.
Moonshot AI seeks a $30 billion valuation for Kimi
Moonshot AI is already discussing another round that could lift its valuation from $20 billion to $30 billion, with Kimi turning open-source model performance into a financing story.
A Security raises $37 million to fight AI with AI
The Israeli startup emerged from stealth with an autonomous offensive-security platform built for a world where attackers use AI agents at scale.
Anthropic’s IPO valuation tops OpenAI’s target
Anthropic reportedly filed confidentially at a $965 billion valuation, while OpenAI is aiming lower despite larger revenue and user scale.
ChatGPT’s web share falls as Gemini surges
Similarweb data compiled by Momentic shows ChatGPT still leads AI chatbot web visits, but Gemini has grown from 5.6% to 27.4% in a year.