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Town Hits $1 Billion Valuation With $108M Series B for Team AI
Town raises a $108M Series B at a $1 billion valuation for collaborative AI assistants called Townies. Paying-customer growth figures are company claims.
MiniMax Rolls Out M3.1 Flash, a Faster, Cheaper Agentic Model
MiniMax’s M3.1 Flash targets agentic tasks with claimed near-3x speed and 70% lower cost. API now; weights later. Benchmarks are MiniMax’s own.
Huntington Bank Launches The 1866 Studio, Built With Google Gemini
Huntington Bank launched The 1866 Studio, an AI small-business OS built with Google Cloud’s Gemini. Early access from 19 Oct; no pricing or user numbers.
Kapital Agrees to Acquire Coding-Agent Startup Woz for $30m
Kapital agrees to buy YC-backed Woz for $30m cash and stock to deepen its AI banking stack. Closing not stated; patented token-reduction is Woz’s claim.
Cairn AI Agents Used to Break Into 100+ Company Sites, Reuters Reports
NorForge found exposed Cairn panels used in attacks. Reuters says one actor hit 100+ sites, including Deere. Cairn's maker says it is not a hacking tool.
Emirates NBD Will Run OpenAI GPT Models on In-Country UAE Inference
Emirates NBD and OpenAI say the bank will deploy GPT models on UAE in-country inference — a first-in-MENA claim. No value, model names or go-live date.
Gibraltar Grants Revolut a DLT Permission as Onboarding Resumes
Gibraltar grants Revolut Global Digital Assets a Part 7 DLT permission and says Revolut has fully resumed onboarding residents. Not a MiCA licence.
Quick Guide: Ask a Grok Bot to Read Your Usage CSV and Suggest Savings
User tip via @tejas3732: export Cursor usage CSV, ask your main Grok Bot where usage goes. His 10-15% claim; check the file before sharing.
Bill Gross Launches Idealab.ai, Giving Away More Than a Million Startup Ideas
Axios: Idealab founder Bill Gross launches free Idealab.ai with 1.2M AI-generated business ideas; Cloudflare named first partner with $100,000 credits.
World Launches World ID for Banking and Opens Zoom Integration Globally
World unveils World ID for banking at Money20/20; suite includes app, Agents and Zoom. Zoom app now on Marketplace. No bank customer named.
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