64 results for “valuation”
Databricks announced a new funding round on July 17, 2026 valuing the data and AI platform company at $188 billion, up 40% from $134 billion just five. Founded in 2013 as a big data analytics platform, Databricks initially built.
Moonshot AI has launched Kimi K3, a 2.8-trillion-parameter model with native multimodal capabilities and a 1-million-token context window. Open-model releases have mostly clustered well below the trillion-parameter class.
Google DeepMind and Isomorphic Labs have outlined a joint AI bioresilience plan designed to reduce biological risks while using frontier models. Biology is becoming a central test case for frontier AI governance.
Google DeepMind CEO Demis Hassabis is calling for a new kind of international AI watchdog, one that could evaluate the most powerful frontier models. The proposal comes at a time when AI systems are improving quickly in reasoning, coding.