Bitcoin miner and AI infrastructure company Ionic Digital surged more than 25% to nearly $63 in its Nasdaq debut, giving it an implied valuation of ~$2.75B
Quick Take — Ionic Digital was formed from Celsius Mining's assets and later took direct control of its sites from Hut 8.
Sources: the OpenAI agent that breached Hugging Face also compromised a customer at AI infrastructure company Modal Labs
Reuters:NEW
Coursera is investing $100M in LearnVector, a new AI education company founded by Andrew Ng that aims to build AI agents that function as personal tutors
Coursera is putting $100 million into LearnVector, a new AI education company founded by Andrew Ng, a pioneer in AI and Coursera's chairman …
Over 1,100 staffers from AI companies, including John Schulman and OpenAI's Jakub Pachocki, sign a letter requesting the US government to “pace” AI development
More than 1,100 staffers across top artificial intelligence firms have signed a petition that calls on the US government …
The Agentic AI Foundation updates MCP with a fully stateless architecture, a hardened authentication model, a formal 12-month deprecation policy, and more
The Model Context Protocol, the open standard that has quietly become the connective tissue between AI agents and the world's software …
NYC-based AI startup Runlayer sues Rippling for allegedly stealing trade secrets to “build essentially a clone” of Runlayer's safety and governance product
A New York-based AI startup is suing Rippling - a Silicon Valley software giant that got a $3 million tax break from Gov. Kathy Hochul …
Tel Aviv-based Hush Security, which lets organizations securely control enterprise AI agents, raised a $30M Series A, bringing its total funding to $41M
Ionut Arghire /SecurityWeek:
Mate, which is developing a platform to allow AI agents to detect, respond to, and proactively hunt threats, raised a $35M Series A led by Canaan Partners
Corning's stock closed down 12.1% after weak Q3 guidance, as production limits on its AI connectivity products squeeze its growth; Q2 sales rose 17% to $4.74B
Corning issued disappointing third-quarter sales guidance, as growth is being squeezed by production limits on its booming AI connectivity products …
Fish Audio, which offers AI voice models for creators and enterprises and generates $21M in ARR, raised a $52M seed led by Coreline Ventures and Capital Today
The market for AI-generated voice models is massive. Creative use cases require AI voice models to be more expressive …