Sources: JPMorgan and Goldman, leading a $5B loan sale with a yield of ~11% for AI startup Volta, took a rare move to limit exposure by underwriting just $1.3B — JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale …
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Anthropic researchers say small AI models may be months away from being able to self-replicate on IoT devices like smart ovens and off-brand Android TV boxes — Our experiments suggest that small AI models may be months away from being capable enough to self-replicate on commercial IoT devices …
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Sources: Epic has delayed the release of an upcoming game, instructing developers to implement an “AI first” production model with “no more hand-written code” — The company told the team behind the upcoming shooter that it will now be an ‘AI first’ production
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Suki, an AI ambient scribe for healthcare providers, raised a $90M Series E led by Healthier Capital; a source says it projects $60M-$80M in revenue this year — Suki, a health care AI and scribe company, raised a $90 million Series E round to scale and add agentic workflows, CEO Punit Soni tells Axios Pro exclusively.
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Sources: Bumble is in advanced talks to be taken private at a ~$1B valuation by Ithaca Holdings, founded recently by two Silicon Valley execs; BMBL jumps 45%+ — Founder Whitney Wolfe Herd expected to stay involved with company as part of deal — Bumble , the dating app founded by Whitney Wolfe Herd …
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