Nvidia's Switchyard router reshuffles AI models mid-task, cutting task costs to a third in its own tests
Nvidia released Nemotron 3.5 Lightning, a 30-billion-parameter mixture-of-experts model, alongside NeMo Switchyard, a routing library that directs each workflow step to the most appropriate model. According to Nvidia's tests, the combination achieves frontier-level task completion while reducing costs to approximately one-third compared to running Opus 4.8 alone.
Read full story →Databricks Closes $5 Billion Round at $190 Billion Valuation
Databricks raised $5 billion in funding at a $190 billion valuation, representing a 42% increase in six months. The company has achieved a revenue run-rate exceeding $7 billion with year-over-year growth above 80%.
Anthropic’s $2trn IPO is priced below what AI stocks already fetch
Anthropic investors project the company could reach a $2 trillion valuation in an autumn initial public offering, exceeding SpaceX's $1.77 trillion IPO valuation from June. Anthropic has not confirmed any listing plans or valuation figures itself.
DeepSeek built a Claude Code rival, then quadrupled its prices
DeepSeek increased API prices for DeepSeek-V4-Pro from $0.87 to $3.96 per million output tokens at peak rates starting August 16, while V4-Flash prices rose from $0.28 to $1.32. Off-peak rates were set at half the peak price for both models.