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Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies (Yuliya Chernova/Wall Street Journal)

Yuliya Chernova / Wall Street Journal : Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M fo...

29 June 2025

Baidu plans to open-source its Ernie LLM on June 30; some say this could cement China's AI leadership, while others doubt it will be a "DeepSeek moment" (Kevin Williams/CNBC)

Kevin Williams / CNBC:
Baidu plans to open-source its Ernie LLM on June 30; some say this could cement China's AI leadership, while others doubt it will be a “DeepSeek moment”  —  On Monday, Chinese technology giant Baidu plans to make its Ernie generative AI large language model open source …

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