Tuesday, July 14, 2026

PixVerse raises $439M at $2B+ valuation

Video generation startup PixVerse raised $439M in a Series C extension, pushing its valuation past $2B. The Singapore-based company has 15 million monthly active users.

Google debuts Gemma 4 E2B model for on-device AI on Pixel 10

At Google I/O Connect India, Google showcased the lightweight Gemma 4 E2B model running natively on the Tensor TPU of the new Pixel 10 family. The model enables completely offline multimodal features, emphasizing 100% private on-device AI.

Fed chair Warsh forms AI panel with Andreessen, Stanford's Jones

Fed Chair Kevin Warsh announced an AI task force with Marc Andreessen and Stanford's Jones to study economic implications. The panel will examine AI's effects on productivity and monetary policy.

Meta sued over using AI to target workers in layoffs

Twenty-six former Meta employees filed a lawsuit alleging the company used AI tools to select workers for layoffs, targeting those with disabilities or on protected leave. The complaint claims Meta's internal AI system discriminated based on performance data collected during employees' leave periods.

llama.cpp reaches 10000th release