Sources: ID verification startup Incode is in preliminary talks to raise between $150M and $300M at a valuation of up to $3B, up from a $1.25B valuation in 2021 (Bloomberg)

Twenty, a startup utilizing artificial intelligence to assist US military hackers in penetrating adversary computer networks, has successfully raised $38 million in a Series A funding round led by Caffeinated Capital. This investment aims to enhance the capabilities of military cyber operations.

Physical Intelligence, an AI robotics startup, has successfully raised $600 million in funding, led by CapitalG, which values the company at $5.6 billion. The funding round saw participation from notable investors including Jeff Bezos, Lux Capital, and Thrive Capital. The startup focuses on developing AI software that enables robots to learn a variety of tasks, positioning itself as a significant player in the robotics and AI sectors.

The CSA has announced that the Matter smart home standard will support video cameras for the first time with the upcoming Matter 1.5 update. However, major players like Amazon and Google have not yet committed to making their cameras interoperable with this new standard.

Incode Technologies Inc., an identity verification platform, is reportedly in preliminary discussions to secure between $150 million and $300 million from investors, aiming for a valuation of up to $3 billion. This move indicates strong investor interest in the identity verification sector.

Yann LeCun, a prominent figure in artificial intelligence and head of Meta's AI research lab, has announced his departure from Meta at the end of 2025. He plans to establish a new startup focused on advanced machine intelligence research, with Meta remaining as a partner. This move marks a significant transition for both LeCun and the company as it navigates changes in its AI leadership.

Elon Musk announced that his artificial intelligence startup, xAI, plans to develop a 500 megawatt data center in Saudi Arabia in collaboration with the state-backed AI startup Humain. The data center will utilize Nvidia chips, marking a significant investment in the region's AI infrastructure.

Alphabet Inc. shares increased by as much as 6.9% on Wednesday, marking the largest gain since early September. This surge in stock price follows a series of positive reviews for the company's latest AI model, Gemini 3, which has been praised for its advancements in coding and reasoning capabilities.

South Korea's antitrust regulator visited the Seoul offices of Arm Holdings Plc this week as part of an ongoing investigation into the company's licensing practices. This scrutiny follows a complaint made by Qualcomm regarding Arm's operations.