General Intuition is in talks to raise at a $6 billion pre-money valuation from Valor Equity Partners, Point72 Ventures, and Seven Seven Six, weeks after raising $320 million at a $2.3 billion valuation. The round is oversubscribed, with existing investors Khosla Ventures and General Catalyst also participating.
Alibaba priced a placement of 710 million new Hong Kong-listed shares at HK$112.70 each, raising HK$80 billion (US$10.21 billion) to fund its full-stack AI capabilities and infrastructure. Shares plunged 10% on the announcement. The company spent $9.5B on AI compute in Q2 2026 and projects $25B more this year.
OpenAI released a preview ChatGPT desktop app for Linux, supporting Ubuntu 24.04/26.04 LTS, Debian 13, and Fedora 43/44 with native .deb and .rpm packages for x64 and ARM64. The app includes ChatGPT, ChatGPT Work, and Codex, but Computer Use is not yet available.
LTX-2.5 generates a 10-second video from an image in 6.8 seconds on Nvidia superchips, with native multishot generation and a duration head. It's open weights, integrated into ComfyUI, and optimized for local GPUs.
Opt-in feature remembers activity across Mac apps and websites, rolling out globally to Pro, Business, and Enterprise users. It builds on Chronicle with reduced token usage and privacy controls, excluding incognito tabs and capturing no images, videos, or audio.
Mistral and Saudi PIF-backed HUMAIN announced a strategic collaboration valued in the hundreds of millions of euros to build sovereign AI infrastructure in Saudi Arabia, focusing on cybersecurity, voice, and Arabic-language frontier models.