OpenAI Donates $5M to Simons Foundation Math Initiative
OpenAI is contributing $5 million to a new Simons Foundation initiative helping mathematicians examine, understand, and build on AI results, turning AI progress into deeper understanding and new discoveries.
Modal Hits $1B ARR, Raises $750M Series D at $15.75B
Modal announced it crossed $1B annualized run rate and raised a $750M Series D at a $15.75B valuation led by Accel. Usage has tripled since its Series C, growing over 15x year-over-year.
OpenAI Expands Support for Lenfest News AI Program
OpenAI is expanding the Lenfest AI Collaborative and Fellowship Program with $5 million in funding plus up to $5 million in software credits and engineering support.
OpenRouter now consumes 10 trillion tokens daily serving 10 million developers. It once struggled to raise funding because VCs saw it as a mere wrapper — the author credits two breakout moments: the Sonnet 3.7 release and OpenClaw.