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Who’s behind the new ‘stealth model’ Ox Alpha?

[ad_1] A mysterious new AI model called Ox Alpha has driven certain corners of the internet into a frenzy of speculation about who actually built it. The free model was released on OpenRouter on Thursday, where it was described as “a reasoning model designed for coding, sustained agentic work, and production workload.” On X, Stripe […]

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Two years after launch, Walmart’s Flipkart is closing in on India’s quick-commerce leaders

[ad_1] Indian startups spent years getting consumers accustomed to having groceries and everyday goods delivered within minutes. Now Walmart-owned Flipkart is rapidly closing the gap with those quick-commerce pioneers, as global rival Amazon mounts its own push into instant delivery. Flipkart Minutes, which debuted in August 2024 as the e-commerce giant’s foray into quick commerce,

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Michael Polansky is training an AI model on skin that’s still alive

[ad_1] Michael Polansky is remarkably unassuming for someone operating in a corner of the world known for outsize egos. Seated at a leafy patio outside a popular bakery in Mill Valley, an affluent town about 15 miles north of San Francisco, Polansky — bespectacled, his fresh face framed by dark hair shot through with gray

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Stripe didn’t really buy OpenRouter because of the ‘singularity’

[ad_1] Stripe confirmed on Wednesday that it was buying OpenRouter. While the company didn’t disclose the deal price, sources told the New York Times that it paid $7.5 billion. That’s a huge step up from OpenRouter’s $1.3 billion valuation in May. To put that price into context, the founders alone will reportedly receive $1.5 billion from

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Anthropic’s annualized revenue surges to $65B

[ad_1] Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed $65 billion at the end of July, Bloomberg reported on Monday, up from $47 billion in May

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Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

[ad_1] Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg. OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget. The company announced in May that it had raised a $113 million Series B, at a reported $1.3 billion valuation.

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Talks to sell PayPal to Stripe and Advent are heating up

[ad_1] PayPal CEO Enrique Lores’ turnaround plan for the fintech company could include a sale — of itself. The prospect first popped in July when Stripe and private equity giant Advent offered to buy PayPal for $60.50 a share in a deal that would have valued it at $53 billion, the Wall Street Journal reported

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