27 May 2026

OpenAI Foundation says it is committing an initial $250M for grants, partnerships, and direct work aimed at helping workers and economies navigate AI disruption (Reuters)

Reuters:
OpenAI Foundation says it is committing an initial $250M for grants, partnerships, and direct work aimed at helping workers and economies navigate AI disruption  —  The non-profit that controls OpenAI will commit an initial $250 million for grants, partnerships and direct work aimed …

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Starlette, an open-source Python framework underpinning FastAPI, has a vulnerability, called BadHost, that can allow hackers to bypass authorization (Dan Goodin/Ars Technica)

Dan Goodin / Ars Technica:
Starlette, an open-source Python framework underpinning FastAPI, has a vulnerability, called BadHost, that can allow hackers to bypass authorization  —  Millions of AI agents and tools around the world have been imperiled by a critical vulnerability that can allow hackers to breach …

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Tensormesh, whose inference platform uses KV caching to reduce costs, raised a $20M seed extension, bringing its total funding to $24.5M (Chris Metinko/Axios)

Chris Metinko / Axios:
Tensormesh, whose inference platform uses KV caching to reduce costs, raised a $20M seed extension, bringing its total funding to $24.5M  —  Inference optimization startup Tensormesh raised a $20 million seed extension, co-founder and CEO Junchen Jiang tells Axios Pro.

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AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025 (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg:
AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025  —  Cognition AI Inc. has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand …

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NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375M valuation (Anna Tong/Forbes)

Anna Tong / Forbes:
NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375M valuation  —  The startup says its AI agents can handle the dull work insurers have long shipped to offshore operators.

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