Nscale says additional financing is needed for 2027 Anthropic commitments
Nscale told investors it needs additional financing to fulfil its 2027 Anthropic commitments, the Financial Times reported, citing a filing. The Nvidia-backed cloud provider ordered Nvidia chips for a $45B Anthropic deal.
MIT researchers demonstrate stronger structural designs with human feedback
MIT researchers demonstrated a system that lets engineers modify structures during algorithmic design, improving manufacturability and increasing linear buckling load by 39 percent.
ByteDance plans share buyback of up to $6 billion
ByteDance plans to buy back up to $6 billion of shares from investors at a valuation of about $400 billion, Bloomberg reported, citing people who reviewed the proposal. That valuation represents a 20% increase from a similar program a year ago.
Axle raises $9M for investment bank meeting software and AI agents
Axle raised $9M in a round led by Eniac and Bonfire Ventures, with Teamworthy Ventures also participating, the startup announced Thursday. Its software helps investment banks arrange meetings between investors and company management, analysts and industry experts.
Hatz AI raises $24M for tools serving small-business technology providers
New York-based Hatz AI raised a $24M Series A, CRN reported. The company makes tools for managed services providers, which help small businesses adopt AI. Its customers serve businesses seeking help with the transition to AI-based work.
Anthropic opens self-hosted Managed Agents access
Anthropic launched a self-hosted version of Claude Managed Agents on Thursday, allowing companies to keep agents, session histories and credentials in their own cloud account or data centre. Customers must request access through their Anthropic account team.
