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.
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.
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.
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.