Israeli AI Startup Decart Raises $300M, Backed by Karpathy and Nvidia
Decart announced a $300 million funding round at a $4 billion valuation, with participation from Nvidia and angel investor Andrej Karpathy.
Decart announced a $300 million funding round at a $4 billion valuation, with participation from Nvidia and angel investor Andrej Karpathy.
Leading AI labs including OpenAI, Mistral, and Reflection AI are moving frontier models to Dell's on-premises infrastructure, signaling a shift away from cloud-only AI.
Dell and NVIDIA announced the PowerEdge XE9812 server with Vera Rubin NVL72, cutting AI inference token costs to one-tenth of Blackwell.
Dell reports $64 billion in AI-related orders and $43 billion backlog, adding 1,000 new AI Factory customers in the latest quarter.
Dell unveiled Deskside Agentic AI at Dell Technologies World, promising a three-month payback period and 87% cost reduction over two years compared to cloud APIs.
Anthropic updated its Mythos vulnerability-sharing policy, allowing partners to disclose findings to regulators, media, and the public under responsible disclosure norms.
Meta is restructuring by moving 7,000 employees into four new AI-focused units and cutting about 8,000 jobs, affecting nearly 20% of its workforce.
Intel and Qualcomm are reportedly in talks to acquire AI chip startup Tenstorrent, which could be valued at over $5 billion.
OpenAI teams up with Dell to deploy Codex in local data centers and hybrid clouds, targeting regulated industries that cannot move data to the cloud.
Dust, an enterprise AI startup, has raised $40 million in Series B funding led by Sequoia and Abstract, with participation from Snowflake Ventures and Datadog, bringing total funding to over $60 million.