
Image via 404 Media
Sunday, July 5, 2026
Crusoe tripling valuation to $30B
Crusoe is raising $3 billion at a $30 billion valuation, tripling its value on demand for AI infrastructure. Meta launched Pocket, a new app that generates interactive games and apps using AI.

Image via 404 Media
Top Stories
Bloomberg
Crusoe is raising ~$3 billion at a $30 billion valuation, tripling its worth from $10 billion in October, as investors bet heavily on AI infrastructure providers serving major tech companies like Meta and Oracle.
Substack
Venice AI, a privacy-centric AI platform with $70M ARR, raises $65M Series A at $1B valuation by offering uncensored access to 200+ models with full user encryption, appealing to those who view AI restrictions as dangerous surveillance.
Google Play
Meta launches Pocket, an AI-powered app for creating interactive games and apps via prompts, marking the company's latest expansion into mainstream AI creation tools following its Gizmo acquisition.
Yale University & Google Research
Yale and Google researchers develop RLMF, a metacognitive training approach that teaches LLMs to self-assess performance accuracy, improving faithful uncertainty calibration by up to 63% over standard RL and enabling smaller models to outperform frontier systems like GPT-5 in expressing reliable confidence.
Meta AI
TUA-Bench establishes a 120-task benchmark for evaluating terminal-use agents on both routine and expert workflows, revealing that even frontier models achieve only 65.8% success—demonstrating substantial remaining gaps in agent reasoning and execution planning in text-based environments.
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Industry Voices
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