All Stories — Page 63
Every story published on RuntimeWire, newest first.
- Stripe and Advent bid $53 billion for PayPal during Lores turnaround
PayPal's new CEO must weigh a months-old operating reset against a $60.50-a-share bid that directors already view as inadequate.
- Baidu open-sources 3B OCR model for one-pass, multi-page PDF parsing
Unlimited-OCR keeps its decoder cache fixed, though the viral 100-page claim runs ahead of Baidu's published tests.
- Moonshot pauses Kimi subscriptions as K3 demand strains GPU capacity
The AI developer will protect existing users, add compute and separate its coding plan from its general-purpose membership.
- Current AI launches Alpha Chat to assemble a public open-source AI stack
CEO Ayah Bdeir is applying her littleBits playbook to a nonprofit coalition backed by more than EUR400 million in commitments.
- Harvey open-sources 10 M&A diligence environments to train legal agents
The synthetic data rooms turn deal review into reinforcement-learning infrastructure, though Harvey has yet to publish agent results.
- Fireworks raises $1.505B as Lin Qiao scales open-model inference
The former PyTorch leader is valued at $17.5 billion on a bet that companies will customize their models while outsourcing the machinery underneath.
- Northwestern's Phantom Twist spins at 1,500 RPM to evade human vision
Michael Rubenstein's lab used computational design to make a single-propeller aircraft fade into its background, though it remains confined to controlled flights.
- Moonshot's Kimi K3 jolts AI stocks before its weights are public
Yang Zhilin's 2.8 trillion-parameter model topped a coding leaderboard, while Moonshot concedes it still trails the leading US systems overall.
- Zoox recalls 105 robotaxis after one entered a smoke-covered fire scene
The software fix tests Jesse Levinson's ground-up autonomy bet as regulators press robotaxi operators to handle emergencies like human drivers.
- REO Trucks draws 12,173 reservations for a $21,500 pickup without a prototype
Founder Zach De Bernardi is using demand for a simple gas truck to recruit the suppliers, engineers and capital needed to build it.
- Startup Spotlight: Novo Space builds modular computers for satellite constellations
Co-founders Rodrigo Diez and Facundo Jorge are building modular flight computers designed to reduce repeated engineering work across satellite missions.
- Handy creator released transcribe.cpp to unify local speech-to-text models
CJ Pais turned Handy's cross-platform deployment problems into an MIT-licensed engine backed by Mozilla.ai's residency program.
- Cribl adds CardinalOps' Israeli security team in estimated $100 million deal
The deal adds about 20 security engineers and detection technology as Cribl builds toward an open alternative to legacy SIEM platforms.
- Berkeley researcher used GPT-5.6 to derive a Lean-verified optimization bound
Phillip Kerger's preprint narrows a gap dating to 1996, though the paper remains unreviewed and Lean covers only its lower-bound result.
- Z.ai hits $1 billion annualized sales pace as its coding bet accelerates
The partial-month figure is far ahead of Z.ai's 2025 revenue, while contract mix, margins and durability remain unresolved.
- LinkedIn scripts 80% of its agent workflow to limit hallucinations
Walmart is governing employee-built agents, while Forethought co-founder Sami Ghoche says Zendesk's 20 billion conversations still need data pipelines.
- DeepSeek API tests show Claude-like behavior under selected prompts
The results revive Anthropic's distillation claims, though the test cannot establish who generated the outputs or whether they were used for training.
- DeweyLearn raises $5 million to grade real-world skills with multimodal AI
SJF Ventures led the Series A for Luyen Chou and Dirk Liebich's assessment startup, which is already grading culinary and clinical training work.
- Beacon Security raises $13 million for agentic cybersecurity data layer
Gal Tal-Hochberg's new company wants to fix the raw telemetry problem before security teams hand more work to AI agents.
- Space startup funding stays near records after SpaceX IPO pulls in generalists
Seraphim Space counted $7.5B across 141 Q2 venture deals, with Blue Origin's reported $10B raise the next test of the market.
- Apoorv Shankar raises $5.5M for Aina's agent-control hardware
The former Ultrahuman hardware VP is backing a physical interface thesis after Dune, a three-key Mac keypad for workflows and agents.
- Fal adds Bria AI's Product Dimensions API for marketplace image workflows
The partner model turns a product photo and supplied measurements into callout images at $0.04 per image on Fal.
- Omio Group signs deal to acquire Rail Europe for rail distribution scale
The proposed deal would add Rail Europe's agency network and 5 million annual tickets to Omio Group's multimodal portfolio.
- Arq raises $1.4 million to build quantum internet repeaters
The pre-seed turns a young quantum networking effort into a hardware bet on repeaters, memory devices and fibre links.