China’s DeepSeek is closing in on a historic $7.4 billion fundraising round led by Tencent Holdings, Contemporary Amperex Technology, and the state-backed National Artificial Intelligence Industry Investment Fund — one of the largest startup financings in Chinese history.
OpenAI has hired the chief executive of Ironclad, the contract management software company, to lead its newly formed legal AI vertical, according to reporting from Benzinga. The hire signals that OpenAI is moving aggressively to capture the legal industry as one of its highest-value enterprise targe
Apple’s Worldwide Developers Conference kicks off on June 8, and everything points to Siri finally getting the overhaul that users have demanded for years. Bloomberg’s Mark Gurman, whose Apple predictions have a strong track record, reports that iOS 27 will introduce a fundamentally different Siri,
Shanghai-based MiniMax launched its M3 foundation model on June 1, positioning it as the first open-weight AI system to combine frontier-level coding performance, a one-million-token context window, and native multimodal capabilities in a single package. The company claims M3 tops the open-weight SW
Anthropic’s Project Glasswing, a cybersecurity initiative that deploys the Claude Mythos AI model to scan critical infrastructure codebases for vulnerabilities, is expanding to 150 additional organizations across more than 15 countries. The expansion adds sectors underrepresented in the initial roll
Microsoft unveiled Majorana 2 at its Build conference in San Francisco, claiming it represents a significant leap forward in quantum computing stability. The company says the new chip achieves qubit parity lifetimes of around 20 seconds, compared to milliseconds in its predecessor, a roughly 1,000-f
President Trump signed an executive order on June 2 titled Promoting Advanced Artificial Intelligence Innovation and Security, a sweeping directive that aims to position the United States as the unchallenged global leader in artificial intelligence by cutting regulatory friction while hardening the
Anthropic, the company behind the Claude AI models, quietly filed a confidential S-1 registration statement with the Securities and Exchange Commission on June 1, moving ahead of rival OpenAI in the race to go public. The company is targeting a valuation that could exceed a trillion dollars, which w
Microsoft is building a unified Copilot super app that will merge GitHub Copilot for coding, Microsoft 365 Copilot for productivity, a new Cowork collaboration feature, and an autonomous agentic tool internally named Autopilot, all under a single interface the company describes with the slogan Delivering one Copilot. Fortune confirmed the project and leaked screenshots show…
WindBorne Systems, a Stanford-founded startup that began by building a better weather balloon, released WeatherMesh-6 this week, an AI forecasting model that beats the European Centre for Medium-Range Weather Forecasts on five-day surface temperature predictions. The ECMWF is widely regarded as the global gold standard for weather prediction. Outperforming it is not an incremental achievement.…