Magpie TTS provides open weights and full deployment control for building real-time voice agents. The model supports multilingual capabilities designed for low-latency applications.
$1.1B seed/Series A led by General Catalyst and AMP PBC, with Nvidia, AMD Ventures, Y Combinator, and Temasek participating. Founded by xAI co-founder Igor Babuschkin, River exited stealth in June and offers an API for RL and LoRA fine-tuning on open models.
The 3B parameter TwiL-LM3 model outperforms OpenAI’s GPT-OSS-120B on 4 of 5 formal reasoning benchmarks. The family also includes a 1.7B parameter version, both designed for autoformalization tasks on consumer hardware.
Rules under the EU AI Act require AI-generated images, audio and text designed to look authentic to carry a digital watermark, effective August 2 for new AI systems on the EU market; existing systems get four extra months. Non-compliance risks fines up to 3% of gross revenue. Personal content and "evidently artistic" satirical works are exempt.
The new gateway provides centralized controls for authentication, model access, cost attribution, and spend enforcement for Claude Code and Claude Desktop. It is designed to help administrators manage governance and operational overhead for enterprise-scale AI deployments.
Moonshot AI plans to begin discussions in August on a final fundraising round ahead of a Hong Kong listing, targeting a valuation of as much as $50 billion. The round builds on excitement around its latest model.