OpenRouter’s Fivefold Jump Shows What AI Traffic Is Worth
NEW YORK — A little more than three months ago, OpenRouter raised money at a valuation of about $1.3 billion, with GV, Alphabet’s venture arm, leading the round. On Sunday,…
OpenAI’s New ‘Ultrafast’ Mode Runs GPT-5.6 at 14 Times Normal Speed
The complaint from enterprise customers has been consistent for two years: the models are powerful, but they are slow. OpenAI addressed that complaint head-on on Aug. 13, introducing an Ultrafast…
Anthropic, Bitcoin Miner Riot Strike $9.1 Billion AI-Compute Deal
Anthropic has agreed to a $9.1 billion deal with Riot Platforms, according to people familiar with the matter, the latest sign that AI labs are locking up computing capacity years…
Meta Releases Muse Glimmer, Its Most Capable Open Model
MENLO PARK, Calif.–Mark Zuckerberg has a habit of using product launches to make political points, and the release of Meta’s newest AI model was no exception. The company unveiled Muse…
Anthropic’s $10 Billion Cloud Bet
Anthropic has agreed to spend $10 billion on computing power from Volta, a cloud startup so new that most of the industry has never heard of it, according to people…
Coldcard’s Random-Number Failure
More than 1,755 bitcoin, worth about $110 million at the time, have been drained from roughly 5,000 wallets whose security was supposed to be unbreakable. The wallets were created with…
GPT-5.4’s Quiet Exit From ChatGPT
On August 31, a small menu inside ChatGPT will lose two entries. OpenAI said on August 1 that GPT-5.4 and GPT-5.4 mini will stop being offered to people who log…
Cyera Buys Oasis Security for $1 Billion in a Bet on Agent Identities
Yotam Segev, the co-founder and chief executive of Cyera, has a way of reducing security problems to two sentences: knowing your data is not enough if you cannot govern who…
Circle Buys IBM’s Blockchain Patents, Becomes Top Patent Holder in the Field
The transaction was announced without a price. Circle, the company behind the USDC stablecoin, said it has acquired IBM’s blockchain patent portfolio — nearly 1,000 patents — making it the…
Anthropic’s Opus 5 Prizes Cost Control Over Raw Power
The new model arrived on July 24 with a price tag that did not move: $5 per million input tokens and $25 per million output tokens, identical to the Opus…
