Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest — The AI industry's next blockbuster acquisition may not be another model maker. — Hugging Face, whose platform helps developers discover …
Posted from: this blog via Microsoft Power Automate.
Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5 — AI lab's Fable 5 has met with sluggish demand from corporate clients — Anthropic's US customers are using cheaper alternatives …
Posted from: this blog via Microsoft Power Automate.
Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close — China's Alibaba (9988.HK) on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development.
Posted from: this blog via Microsoft Power Automate.
Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID — Also: Get ready for iPhone price hikes. — Apple is about to bring some of its product magic back with its first foldable iPhone.
Posted from: this blog via Microsoft Power Automate.
The careers of Z.ai's Tang Jie and Moonshot AI's Yang Zhilin, once teacher and pupil at Tsinghua University, show that China's AI leap is no sudden development — University lab nurtured the computer scientists who are using ingenuity and imitation to chase down Anthropic and OpenAI; ‘they know perfectly how to monetize their work’
Posted from: this blog via Microsoft Power Automate.