- News
Ollama Raises $65M with 8.9M Monthly Developers
Ollama's Series B funding confirms the local AI movement is serious. 85% of Fortune 500 companies already use it.
- News
Tencent Releases Hy3: Free 295B AI for Enterprise Agents
Tencent's Hy3 brings 90% agent task resolution and Apache 2.0 licensing to a model that benchmarks against Claude Opus 4.8 and GPT-5.5.
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China's GLM-5.2: Frontier AI Quality at a Sixth the Cost
Z.ai's GLM-5.2 claims performance near Claude Opus 4.8 and GPT-5.5 at roughly $1.40 per million tokens — forcing a rethink of enterprise AI vendor decisions.
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China's LongCat-2.0: Frontier AI Trained on Domestic Chips
Meituan's LongCat-2.0 is a 1.6 trillion parameter coding model trained on 50,000 Chinese chips with no Nvidia hardware — released under MIT license.
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Meta Enters Enterprise Cloud AI to Sell Excess GPU Compute
Meta is entering the enterprise cloud market to sell GPU capacity and hosted Llama models, potentially undercutting AWS, Azure, and Google Cloud by up to 30%.
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Together AI Raises $800M to Cut Open-Source AI Costs
Together AI closed an $800M Series C at an $8.3B valuation on July 1, 2026, led by Aramco Ventures, with NVIDIA and General Catalyst joining.
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Reflection AI Locks In $6.3B SpaceX Compute Deal
Reflection AI will pay $150M/month for access to SpaceX's Colossus 2 data center, making Musk's infrastructure company a major compute supplier for frontier AI.
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DeepSeek Nears $7.4B Close: What It Means for Open-Source AI
DeepSeek is finalising a $7.4B round led by Tencent and CATL, valuing it at up to $59B and shaking up the open vs closed AI debate for businesses.
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Enterprise AI Token Costs Drop 67% Year Over Year
New data from 2.4 billion API calls shows enterprise AI costs dropped from $18.40 to $6.07 per million tokens, with open-source models now at 38% of volume.
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DeepSeek Nears $45B Valuation in China-Led Funding Round
DeepSeek is in talks to raise its first venture capital at a $45B valuation, more than double the $20B figure floated just weeks ago.
- News
Mistral Medium 3.5 Brings Agentic Work Mode to Enterprise
Mistral's 128B open-weight model and Le Chat's new Work Mode bring async multi-step task execution to enterprise workflows, with full audit trails.
- News
Alibaba's Qwen 3.6: Frontier AI Coding Goes Open Source
Alibaba's Qwen 3.6 family delivers frontier-class coding agents in Apache 2.0 models businesses can self-host without per-token API fees.
- News
DeepSeek V4: Frontier-Level AI at a Fraction of the Price
DeepSeek's V4 preview lands with a 1M-token context window, 1.6T parameters, and pricing that undercuts GPT-5.5 by more than 95%.
- News
Google Releases Gemma 4: Frontier AI on Local Devices
Gemma 4 brings frontier-level reasoning to local devices. Under Apache 2.0, businesses can deploy it without cloud dependency or usage fees.
