AI Insider·
Baseten, an AI inference startup, is close to finalising a $1.5 billion funding round at a $13 billion valuation, according to the Wall Street Journal, just five months after raising a $300 million Series E at a $5 billion valuation. The deal is reportedly co-led by Spark Capital, Sands Capital, Altimeter Capital, and Wellington Management, […]
Read full articleAI inference company Groq has closed a $650 million funding round as it pivots its business following a landmark IP licensing agreement with Nvidia. The round was led by Disruptive, a Dallas-based late-stage investment firm whose founder Alex Davis also serves as Groq’s chairman, alongside Fort Lauderdale hedge fund Infinitum. The raise comes roughly six […]
OpenAI has just revealed a new "intelligence processor" chip for AI servers made in partnership with Broadcom. The chip, called Jalapeño, is designed to power current and future large language models, according to an announcement on Wednesday. Jalapeño is an ASIC (Application-Specific Integrated Circuit), meaning it's designed for a specific purpose: AI inference. With AI inference, models process a user's request to run an agent like Codex or offer a response from ChatGPT, while AI training involves a model consuming vast amounts of data to inform its responses. It comes just nine months after OpenAI revealed that it would team up with Br … Read the full story at The Verge.
SAN FRANCISCO, June 23, 2026 — Upbound, the company behind Crossplane, today released Modelplane, an open source control plane for AI inference fleets. Modelplane is designed to do for AI […] The post Upbound Launches Modelplane: The Open Source Control Plane for AI Inference appeared first on AIwire.
Super Micro's edge AI expansion enhances real-time processing capabilities, crucial for sectors needing immediate, local AI inference. The post Super Micro Computer expands edge AI lineup with Intel-powered systems appeared first on Crypto Briefing.
A Wall Street Journal investigation found that roughly $1.9 million in bets shown across more than 1,100 creator videos promoting Polymarket were not real, part of a paid influencer program in which creators filmed fake trades on dummy versions of the platform.
A Wall Street Journal investigation reports that Polymarket struck a multimillion-dollar deal with streamer Adin Ross and promoted dozens of his videos – at least five of which laid out ways to trade on inside information. A celebrity deal under scrutiny Polymarket struck a multimillion-dollar promotional deal with the streamer Adin Ross, according to a […]
A Wall Street Journal probe found none of the roughly $1.9 million in bets shown across 1,100-plus creator videos were real.
Polymarket has faced allegations that it paid social media creators to promote fake bets and fabricated winnings through replica versions of its prediction market platform, a Wall Street Journal investigation has found. The Wall Street Journal reported that it reviewed…
