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Dream Labs Lands $90 Million for Robot AI Platform
Dream Labs raised a $90 million seed round led by B Capital and Kindred Ventures for its Dream-1 robot foundation model, which was trained on human videos and is offered through an API.
Ramp Seeks Federal Trust Bank Charter
Fintech company Ramp applied to the U.S. Office of the Comptroller of the Currency for a trust bank charter that could allow it to provide fiduciary investment management and digital asset custody.
Nscale and Anthropic Discuss Massive AI Computing Agreement
Nscale is reportedly in talks with Anthropic on a roughly $45 billion deal to provide 460 megawatts of computing capacity from its West Virginia campus using Vera Rubin chips.
Meta Reveals Million-GPU Prometheus Supercluster
Meta detailed its Prometheus supercluster in Ohio, which is expected to contain about one million GPUs at full scale and has been used to train the company's Muse foundational models.
Enterprise AI Startup Town Reaches $1 Billion Valuation
Town raised a $108 million Series B at a $1 billion valuation just months after announcing a $55 million Series A for its enterprise AI assistant business.
AI Helps Users Strip Features From Smart TVs
Developers and vibe coders are using tools including Claude Code to remove sponsored advertising, disable tracking features and make other changes to smart televisions.
Prism Data Raises $20 Million for Credit Analytics
Prism Data secured a $20 million Series A led by Story Ventures for its platform providing credit-scoring data and analytics to lenders.
Tolan Raises $30 Million for Everyday AI Assistant
Tolan raised $30 million from investors including USV, Khosla Ventures and Homebrew for an AI assistant aimed at less tech-savvy users, with the company saying women make up 70% of its users.
DeepSeek and Huawei Reportedly Team Up on AI Chips
DeepSeek and Huawei are reportedly collaborating on future AI chip designs, with DeepSeek planning to begin using Huawei's Ascend 950DT for pre-training as soon as the end of 2026.
Supreme Court Leaves Global Copyright Termination Ruling in Place
The U.S. Supreme Court rejected an appeal from BMG, Sony Music, UMG and Warner Music, leaving intact a ruling that copyright termination rights apply globally rather than only within the United States.
Apple Sets October 28 Event for Expected Mac Announcements
Apple announced a "Pro and tell" event for October 28 at 10 a.m. PT in Los Angeles, where a touchscreen MacBook, a 14-inch M6 MacBook Pro and other products are expected.
Amazon Opens Trainium Chips to PyTorch Through TorchNeuron
Amazon launched TorchNeuron in public beta as an open-source framework designed to let developers run PyTorch code on its Trainium processors without rewriting their code.
Modal Plans to Adopt Nvidia Vera CPUs for AI Agents
AI infrastructure startup Modal plans to begin using Nvidia's Vera CPUs to host agents alongside the Intel and AMD processors it already uses.
MiniMax Introduces M3.1 Flash AI Model
MiniMax launched M3.1 Flash with a focus on agentic tasks, coding, computer use and cybersecurity, and said model weights are scheduled for release on October 23.
DHS Officials Reportedly Sought CISA Voting Machine Examination
DHS officials reportedly asked CISA to examine a voting machine for vulnerabilities and report the findings to the White House without notifying the vendor, but the request was not carried out.
Sources: Forbes, Bloomberg, Engineering at Meta, TechCrunch, Axios, Upstarts Media, The Information, Reuters, 9to5Mac, GeekWire, MiniMax