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News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

3 articles

Industry

AI Hedge Fund's Leveraged Bets Trigger Fire Sale to Citadel

Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, was forced to sell nearly its entire public stock portfolio to Citadel after heavy losses from leveraged bets on AI infrastructure triggered margin calls. The sell-off came just days after the fund reported a 439% return for the first half of the year, a dramatic reversal. Aschenbrenner retains private holdings, including a stake in Anthropic, but the fund's future depends on investors meeting a capital call by August 1.

Jul 314 minNeura News

AI Models

South Korea Outlines AI Future With NVIDIA at Summit

At the AI Summit in San Francisco, South Korean President Jae Myung Lee met with NVIDIA and partners to discuss the nation's AI progress. NVIDIA and KAIST announced a joint AI research lab in Seoul, the first between a Korean university and a global tech company. The lab will focus on agentic AI and leverage NVIDIA's full-stack expertise and open models.

Jul 242 minNeura News

Industry

Runway Evolves from Filmmaker Tools to Google AI Rival

AI video startup Runway, founded by artists from NYU, shifts focus from tools for filmmakers to world models trained on video data. The company aims to surpass language-based AI leaders like Google by building systems that understand the physical world directly. Valued at $5.3 billion with $40 million in Q2 2026 recurring revenue, Runway faces tough competition but leverages its unique origins and recent funding.

May 155 minNeura News