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Index reportedly withdrew planned investment in Town over conflict concerns

Upstarts Media reported that Index Ventures dropped plans to invest in AI assistant company Town after Instinct, another Index-backed company, raised a potential conflict-of-interest concern. The report describes Town as raising $90 million at a $1 billion valuation and says the planned investment changed its cap-table arrangements at the last minute. The supplied summary does not identify the final investors or confirm the funding's completion.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Science AI
Science AI

SPLIT preprint reports improved allocation of AI inference budgets

Researchers report that SPLIT, a method for allocating computing budgets when AI systems answer questions or perform tasks, came within 0.02-0.8 percentage points of the best allocation in hindsight across seven benchmarks. The pr...

Science AI
Science AI

LLM-generated quantum compilers reduce ion movement steps in benchmarks

Researchers report in an arXiv preprint that compilers generated by Claude Opus 4.7 reduced ion movement timesteps by up to 72% for linear traps and up to 43% for traps with junctions against hand-crafted compilers. These programs...

AI Science
AI Science

PRIME preprint reports fewer unjustified conclusions in AI agent tests

Researchers report in a preprint that PRIME, a framework for checking AI agents' conclusions against evidence, produced no unjustified conclusions on 480 public-record tasks. An agent shown the requirements reported unjustified co...

Science Security
Science Security

LLM-Attacker preprint tests privacy risks in split language models

Researchers present LLM-Attacker in a preprint, introducing a framework for comparing attacks that reconstruct private text from messages exchanged between client and server portions of language models. It records attacker access,...