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Qwen Leaders Exit After 3.5 Launch

Qwen Leaders Exit After 3.5 Launch

Alibaba's Qwen team released the open-source Qwen3.5 small model series (0.8B-9B), praised by Elon Musk for intelligence density, but technical lead Junyang Lin and two others departed 24 hours later under unclear circumstances. The models enable high efficiency on laptops and phones. This raises concerns about Qwen's future as an open-source leader.

Anthropic Targets a Record-Breaking IPO

Anthropic Targets a Record-Breaking IPO

Anthropic reportedly expects its IPO to match or exceed SpaceX's record $75 billion raise and could file publicly as soon as the end of this month. The company reportedly recorded an almost $42 billion net loss in 2025, about five times the previous year's figure.

The Next Web (TNW)Media1h ago#ipo#frontier-ai#fundraising