Business
Funding, deals and company moves.
AI agent developer Manus raises $500M+ at reported $4B valuation
Manus, the creator of the eponymous artificial intelligence agent, has raised more than $500 million in funding.
Quoting Matthew Green
I think there is a 1% chance we live in Minicrypt, and a 15% chance we functionally lose confidence in our existing public-key encryption algorithms. [...]
The Pentagon Hopes to Speed Up ‘Kill Chain’ AI Buys With 5-Minute Videos
The US government’s Tradewinds initiative has made it easier to throw millions of dollars at “nontraditional” defense contractors, including OpenAI, Anthropic, and Google.
VideoAI Coding Is a Slot Machine: Loss Disguised as a Win | Jeremy Howard
Jeremy Howard, co-founder of fast.ai, on why AI-assisted coding works like a slot machine: you craft the prompt, pull the lever, and the occasional win feels like control.
Automation Anywhere acquires Boost.ai to expand customer-facing voice AI
Automation Anywhere Inc., an enterprise agentic automation and orchestration firm, announced Wednesday an agreement to acquire Boost.ai Inc., a conversational voice artificial intelligence company, from Nordic Capital.