Funding
Nominal raises $240M at $3B, tripling its value since March (opens thenextweb.com)
Lightspeed led and Insight co-led; TechCrunch notes Nominal claims Anduril as a major customer and that the valuation tripled in eight months.
News
Baidu says its AI research agent sped up its next ERNIE model (opens thenextweb.com)
Baidu unveiled ERNIE Evolve, an AI system that runs its own experiments to improve AI code. Baidu says it sped up its in-development ERNIE-5.5-Flash model by 33.7% on GPUs and more than sixfold on Kunlunxin chips. All figures are Baidu’s own.
News
IBM plans to bring Anthropic’s Claude Mythos to enterprise customers (opens thenextweb.com)
IBM will put Claude Mythos in Concert Protect for vulnerability scanning; TNW separately reports Cisco adding it to AI Defense for red teaming.
Launch
ByteDance’s Seedream 5.5 can edit one image 100 times without breaking it (opens thenextweb.com)
ByteDance released Seedream 5.5, an AI image model it says keeps unchanged parts of an image intact over 100 rounds of edits and creates transparent-background assets. It is rolling out in ByteDance’s Chinese apps. The performance claims are ByteDance’s own.
News
Commerce halted its Megaspeed probe after Nvidia stepped in, NYT reports (opens thenextweb.com)
The Commerce Department stopped its investigation into Megaspeed after Nvidia’s general counsel contacted the agents running it, Ana Swanson and Devlin Barrett reported for The New York Times. The case moved to the Justice Department.
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