Funding
Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B (Bloomberg) (opens bloomberg.com)
Bloomberg reports the inference company was valued at $13B in June after raising $1.5B.
Funding
Filing: Vancouver, WA-based Powerlattice, which makes a power delivery chiplet to reduce AI compute power needs by 50%+, raised $86M (opens geekwire.com)
Powerlattice makes a power delivery chiplet it says cuts AI compute power needs by more than 50%; it raised $31M in 2025.
Funding
Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target (opens wsj.com)
The WSJ reports about $11B committed so far at a $1.25T valuation, below the $30B and $1.4T first targeted; the FT says OpenAI now seeks about $20B as some investors cut commitments amid an AI selloff.
Acquisition
Salesforce acquires Rune, which makes AI military logistics software, sources say for $375M in cash and stock (opens resiliencemedia.co)
Rune makes AI military logistics software and had raised $30M from a16z and others; TechCrunch says it will join Salesforce's Missionforce defense platform.
News
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new standard that publishers can use to opt out of being scraped by AI (opens theverge.com)
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new standard that publishers can use to opt out of being scraped by AI across multiple crawlers — The new control will allow publishers to apply their AI training preferences across multiple crawlers.
News
Alphabet, Meta, Microsoft, Amazon, and Oracle have a collective $3T+ in AI spending commitments over the coming years (opens bloomberg.com)
Bloomberg counts more than $3T in commitments across Alphabet, Meta, Microsoft, Amazon and Oracle, led by Alphabet at over $1T and Meta at over $800B.
News
Anthropic renames its $100 per month Max 5x plan as Max and the $200 per month Max 20x plan as Ultra (opens x.com)
Anthropic renames its $100 per month Max 5x plan as Max and the $200 per month Max 20x plan as Ultra, and removes the 5-hour limit for verified Ultra accounts — We're renaming our Max plans: Max 5x → Max Max 20x → Ultra Max is still $100/month, and Ultra is still $200.
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