Apollo Global Management Secures $35 Billion Debt to Acquire AI Chips for Anthropic

Apollo Global Management LLC has finalized a substantial $35 billion debt agreement aimed at acquiring artificial intelligence chips for Anthropic. The deal reflects the growing demand for advanced AI technology and the strategic move by Apollo to invest in this rapidly evolving sector. The acquisition is expected to enhance Anthropic's capabilities in AI development, positioning it competitively within the industry.

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Generative AIMultimodal+2

Generative AIMultimodalAI ToolsMachine Learning

Google Announces New AI Tools and Models Including Nano Banana and Co-Scientist

This week, Google introduced several AI tools and models, including the general availability of Nano Banana 2 and Nano Banana Pro via the Gemini Enterprise Agent Platform and Gemini API. The new Co-Scientist system is designed for structured scientific thinking, generating and refining hypotheses for complex problems. Additionally, dreambeans curates personalized daily topic collections based on connected Google apps. The unified encoder-free model, Gemma 4 12B, offers powerful multimodal intelligence for offline use, while Gemma 4 models have been optimized with Quantization-Aware Training to improve memory efficiency and performance. Google Magenta also launched RealTime 2, an open-weights live music model playable with MIDI keyboards and text prompts.

RoboticsEdge AI+2

RoboticsEdge AIGenerative AIModel Compression

General Instinct Launches Edge-Compatible Frontier Models for Robotics

General Instinct, co-founded by Guanming and Bill, has announced the launch of their new frontier model aimed at addressing the challenges of deploying AI models on edge devices. After years in robotics, they recognized that top-performing models were often designed with datacenter constraints in mind, making them impractical for physical systems. The company has open-sourced InstinctRazor, a tool that compresses the Qwen3.5-122B-A10B model from 245 GB to a 48 GiB configuration, outperforming competitors like Gemma-4-26B-A4B on benchmarks such as MMLU-Pro and GPQA-D. The model's design allows it to function with a smaller GPU configuration, utilizing on-policy distillation to maintain performance despite aggressive quantization. General Instinct seeks feedback from users deploying models on robots and edge devices, inquiring about the challenges faced in production settings.

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CybersecuritySupply Chain Attack+2

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Miasma Worm Compromises 73 Microsoft GitHub Repositories in Escalating Supply Chain Attack

The Miasma worm has successfully infiltrated 73 Microsoft GitHub repositories, affecting Azure and Microsoft organizations. This self-replicating malware, which plants malicious payloads in AI coding tools such as Claude Code and Cursor, has triggered a significant escalation in an ongoing supply chain attack campaign. GitHub responded by disabling the affected repositories, which were used to harvest developer credentials. The attack exploited previously compromised credentials, with security researcher Paul McCarty noting the recurrence of issues stemming from last month's compromise. The malware operates autonomously, executing automatically through various developer tools and harvesting credentials for platforms like AWS and Azure. As the situation develops, over 80 public repositories are reported to be involved in the Miasma campaign.

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NVIDIAGoogleSpaceXAI

Google Signs $30 Billion AI Deal with SpaceX for Computing Power Access

Google has entered a significant $30 billion agreement with SpaceX, owned by Elon Musk's xAI, to secure additional computing resources for its Gemini Enterprise AI initiative. Under the terms of the deal, Google will pay SpaceX $920 million per month for access to 110,000 NVIDIA GPUs, CPUs, and memory, starting this October and extending until June 2029. The agreement allows Google to meet surging demand for its AI subscription service. If SpaceX fails to provide the promised GPU access by September, Google may terminate the contract or accept a reduced payment rate. SpaceX is also contracted with Anthropic, which will pay $1.25 billion monthly through May 2029 for computing power. SpaceX plans to go public on June 12, aiming for a record-breaking IPO.

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Startup FundingAI+2

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S&P 500 Denies SpaceX Entry, Impacting OpenAI and Anthropic's IPO Prospects

The S&P 500 index has declined SpaceX's request for expedited entry, a decision that also affects the potential inclusion of AI companies OpenAI and Anthropic. This ruling by S&P Dow Jones Indices, made on June 4, prevents SpaceX from accessing billions in passive investment funds linked to the index, which could have benefited these AI firms ahead of their anticipated initial public offerings. The decision alleviates concerns about the risks associated with passive investment in companies with speculative business models, particularly in the AI sector, which is currently grappling with funding challenges and rising operational costs due to usage-based pricing models for AI services.

Ars TechnicaRead →

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Formula E Embraces AI to Transform Energy Management in Road Cars

As Formula E prepares for its GEN4 era in 2026, artificial intelligence is emerging as the key technology for transferring race innovations to road vehicles. Dan Cherowbrier, CTO of Formula E, describes AI as the most significant development in the industry since the Internet. With a shift from hardware to software-driven decision-making, future electric vehicles are expected to optimize energy management similarly to how race teams strategize during competitions. This shift is reflected in modern electric motors achieving powertrain efficiencies of 91.5%, prompting manufacturers to differentiate their offerings based on software capabilities. Companies like Tesla and Rivian are now competing on digital experiences, positioning Formula E at the forefront of this transformation.

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