AI News

The latest AI launches, models, funding rounds and research — updated daily by our editors.

OpenAI, Anthropic Back $15M Math Research Initiative Research
October 17, 2026

OpenAI, Anthropic Back $15M Math Research Initiative

The Simons Foundation has partnered with OpenAI and Anthropic on a $15 million initiative to help mathematicians evaluate AI-assisted research. OpenAI is contributing $5 million plus model access and compute; the Simons Foundation will manage the funding through an open call for proposals.

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DeepSeek Closes RMB 80B Round as 2027 IPO Nears Funding
October 17, 2026

DeepSeek Closes RMB 80B Round as 2027 IPO Nears

DeepSeek is finalizing a new funding round of at least RMB 80 billion, with Tencent and CATL among the largest committed investors. The total far exceeded its original RMB 50 billion target and lays the groundwork for an IPO in early 2027.

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RapidCanvas Raises $29M to Scale Enterprise AI Rollouts Funding
October 17, 2026

RapidCanvas Raises $29M to Scale Enterprise AI Rollouts

RapidCanvas has raised $29 million in Series B funding led by Vertex Ventures Southeast Asia & India, bringing its total funding to $52.5 million. The startup says its annual recurring revenue grew eightfold over the past six quarters as enterprises move AI projects from pilots into production.

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