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Active Intelligence Feed
View all →Modal Labs Secures $750M Funding Round at $15.75B Valuation
Modal Labs, an AI inference infrastructure provider, is nearing a $750 million funding round led by Accel, which would increase its valuation to $15.75 billion. This funding round comes just four months after Modal's previous fundraising of $355 million at a valuation of $4.65 billion. The company has seen rapid growth in demand for its inference services, particularly from users of open-source models.
Basis Completes Tax Workbook 2x Faster with GPT-6 Astra
GPT-6 Astra has demonstrated the ability to complete a 50-tab tax workbook twice as fast as its predecessor, GPT-5.6 Sol. This improvement is attributed to its enhanced understanding of user intent, which provides Basis with greater confidence in its practical applications.
OpenAI Codex Originals Program Call for Stories
OpenAI is inviting builders, tinkerers, researchers, and creators to share their experiences using Codex. The initiative aims to collect real stories that highlight the innovative applications of the Codex model. Participants can contribute their narratives to be featured in the Codex Originals program.
Florida Seeks Court Injunction Against OpenAI's AI Development
The state of Florida has filed a motion for a temporary injunction to halt OpenAI's development of its AI models, citing public safety concerns and the need for third-party safety guardrails. This legal action follows a previous lawsuit filed in June, which argued that ChatGPT poses a threat to vulnerable populations. The state points to recent incidents and industry calls for regulation as justification for its request.
AMD Acquires World Labs for $8.2 Billion
AMD has announced the acquisition of World Labs, a developer of deep learning models, for $8.2 billion. The acquisition aims to enhance AMD's capabilities in understanding frontier workloads and developing AI-specific chips. Fei-Fei Li, the founder of World Labs, will join AMD as executive vice president and chief scientist.
Shopify Enables Checkout for Browser-Based AI Agents with WebMCP Support
Shopify has announced that browser-based AI agents can now complete purchases on its platform, expanding their functionality beyond product searching and cart management. This update introduces new tools that allow AI agents to interact with the checkout process, including the ability to modify customer information and finalize transactions with buyer authorization.
Open Source AI News
Verified releases, weights, benchmarks, licenses, checkpoints, and tooling for the open ecosystem. Follow the models you actually build with.
Modal Labs Secures $750M Funding Round at $15.75B Valuation
Modal Labs, an AI inference infrastructure provider, is nearing a $750 million funding round led by Accel, which would increase its valuation to $15.75 billion. This funding round comes just four months after Modal's previous fundraising of $355 million at a valuation of $4.65 billion. The company has seen rapid growth in demand for its inference services, particularly from users of open-source models.
Nvidia Launches Open Agent Safety Platform to Contain Rogue AI Agents
Nvidia has introduced the Open Agent Safety Platform, which is designed to contain and monitor AI agents, addressing recent concerns over rogue AI hacking incidents. The platform can quarantine agents attempting to breach their boundaries within milliseconds and utilizes Nvidia's OpenShell software and Sentry technology for continuous monitoring.
AI Supercharges Hacking: Impact on Hospitals and Banks
AI advancements have significantly enhanced the capabilities of cybercriminals, allowing even individuals with limited knowledge to conduct sophisticated attacks. Organizations like Vivian's Door have experienced breaches, raising concerns about the vulnerability of small and medium-sized institutions. Major AI companies are developing models to improve cybersecurity, but access remains limited to high-profile clients.