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British AI-chip startup Fractile is reportedly in advanced talks to raise funds at a $6.5 billion pre-money valuation. The proposed valuation is more than six times its level three months ago, following a chip-supply deal with Anthropic.
OpenAI reaffirmed Zero Data Retention for eligible API customers using frontier models. It also previewed Private Safety Processing, designed to support advanced AI safety work without compromising customer data privacy.
OpenAI said it will enhance safety processes for paying users who access its most advanced AI models. The move responds to customers using AI for increasingly complex tasks and handling more sensitive information.
Kuaishou is spinning out its Kling AI video-generation model into a separately financed company, attracting investment from Tencent, Alibaba Cloud, Baidu, and other institutions at an implied valuation of $18 billion. Kling has surpassed 100 million global users and nearly 50,000 enterprise customers, but continues to generate substantial losses because of compute costs.
Cerebras launched the CS-4, its first system to combine three wafer-scale processors in a single rack. The inference-focused machine is shipping this quarter, with Cerebras claiming up to 30 times the speed of GPU-based systems for frontier models.
China has reportedly allowed ByteDance and Tencent to import 10,000 NVIDIA H200 chips each, according to the Financial Times. Other Chinese companies could receive similar approval, potentially easing access to advanced AI computing hardware.
Moore Threads’ first post-IPO half-year report shows revenue rising 147% to RMB 1.736 billion, while attributable losses narrowed sharply. However, the improvement relies heavily on concentrated cloud-computing sales, government subsidies, investment gains, and IPO-funded cash reserves rather than a clear recovery in core operations.
Tesla’s Robotaxi fleet in Austin may now be operating without human supervision. The report suggests the autonomous-driving rollout has progressed, although the wording indicates the development is not fully confirmed.
Tesla’s Austin robotaxi service appears to be operating without human safety monitors. An independent monitoring project recorded 170 rides across 54 vehicles over the past two weeks, all without a monitor onboard.
Chinese AI companies are optimising software to handle growing inference demand while access to high-end Nvidia processors remains limited. Domestic chips can support some inference workloads, but complex coding tasks still depend partly on scarce Nvidia capacity.