Artificial Intelligence
Singapore-based ChemLex raised a $45M funding round led by Granite Asia to build an AI-powered, automated chemistry lab to accelerate drug discovery (Rachyl Jones/Semafor)
PositiveArtificial Intelligence
Singapore-based ChemLex has successfully raised $45 million in a funding round led by Granite Asia, aimed at developing an AI-powered automated chemistry lab to enhance drug discovery processes. This initiative seeks to streamline and accelerate the development of new therapies through advanced technology.
Sources: Intel is in advanced talks to acquire AI chip startup SambaNova for about $1.6B including debt; the deal could come together as soon as next month (Bloomberg)
PositiveArtificial Intelligence
Intel Corp. is reportedly in advanced negotiations to acquire SambaNova Systems Inc., an artificial intelligence chip startup, for approximately $1.6 billion, including debt. This acquisition could be finalized as soon as next month, reflecting Intel's strategic focus on enhancing its capabilities in the AI sector.
Automated digital wealth management company Wealthfront's stock closed up 1.36% in its Nasdaq debut, valuing it at ~$2.7B, after raising $486M in its IPO (Andrew Welsch/Barron's Online)
PositiveArtificial Intelligence
Automated digital wealth management company Wealthfront made its Nasdaq debut with its stock closing up 1.36%, which values the company at approximately $2.7 billion after raising $486 million in its initial public offering (IPO). The stock trades under the ticker symbol WLTH.
Shares of data center real estate company Fermi closed down 34% after a tenant terminated a $150M agreement to help fund an AI campus in West Texas (Financial Times)
NegativeArtificial Intelligence
Shares of Fermi, a data center real estate company co-founded by former U.S. Energy Secretary Rick Perry, plummeted by 34% after a tenant terminated a $150 million agreement intended to fund an artificial intelligence campus in West Texas. This significant drop in stock price reflects investor concerns about the company's future prospects following the loss of a major financial backer.
Source: OpenEvidence, which offers an AI chatbot for doctors, is raising $250M at a $12B valuation, up from $6B in Oct., and has $150M in annualized ad revenue (Stephanie Palazzolo/The Information)
PositiveArtificial Intelligence
OpenEvidence, a company providing an AI chatbot for doctors, is reportedly raising $250 million at a valuation of $12 billion, a significant increase from $6 billion in October. The company has also achieved $150 million in annualized advertising revenue, indicating strong market demand for its services.
Zoom says its "federated AI" model, combining its SLM with open- and closed-source models, got 48.1% on Humanity's Last Exam vs. 45.8% for Gemini 3 Pro w/ tools (Xuedong Huang/Zoom)
PositiveArtificial Intelligence
Zoom announced that its federated AI model achieved a score of 48.1% on Humanity's Last Exam, outperforming Google's Gemini 3 Pro, which scored 45.8%. This model integrates Zoom's SLM with both open- and closed-source AI technologies, showcasing a significant advancement in AI capabilities.
David Sacks says China is rejecting Nvidia's H200 AI chips, because the country wants "semiconductor independence" and to "prop up and subsidize Huawei" (Maggie Eastland/Bloomberg)
NegativeArtificial Intelligence
China has decided to reject the purchase of Nvidia's H200 AI chips, as stated by David Sacks, who claims the country aims for semiconductor independence and intends to support Huawei. This decision comes amid U.S. efforts to facilitate Nvidia's sales to China, which were previously restricted due to national security concerns.
Amazon Prime Video pulls its AI recaps, which it began testing in November, for Fallout, Bosch, and other shows after users noticed errors in the Fallout recaps (Emma Roth/The Verge)
NegativeArtificial Intelligence
Amazon Prime Video has discontinued its AI-generated recaps for shows like Fallout and Bosch after users reported inaccuracies, such as a significant error regarding the timeline of events in Fallout. This testing phase began in November but has now been halted due to user feedback highlighting these mistakes.
Mira Murati's Thinking Machines Lab makes Tinker, its API for fine-tuning language models, generally available, adds support for Kimi K2 Thinking, and more (Thinking Machines Lab)
PositiveArtificial Intelligence
Mira Murati's Thinking Machines Lab has announced the general availability of Tinker, its API designed for fine-tuning language models, eliminating the previous waitlist. Additionally, the lab introduced a new reasoning model called Kimi K2 Thinking, enhancing the capabilities of the API.








