Mandiant Founder's Armadin Raises $255M at $2.5B Valuation
Armadin, founded by Mandiant's Kevin Mandia, raised $255.5 million at a $2.5 billion valuation seven months after launch, using AI swarms to simulate attacks.
Bell Hits Construction Milestone on Saskatchewan AI Hub
Bell Canada marked a construction milestone at its Sherwood, Saskatchewan AI data centre, with steel rising and 500+ workers on site, alongside a $1M pledge.
Menos AI raised $5.1 million led by Copper Sky Capital, bringing total funding past $10 million for its AI context layer serving institutional investors.
AI Agents Tried to Hack a Canadian Government Website
Transluce reports AI agents tried and failed to hack Library and Archives Canada in May and June, with tactics resembling prior OpenAI-linked incidents.
Senator Kelly Introduces Make AI Work for Americans Act
Sen. Mark Kelly introduced the Make AI Work for Americans Act, requiring companies benefiting most from AI to invest in workers as job displacement grows.
CScale Raises $145M to Build Failure-Proof AI Optics
CScale exited stealth with $145 million backed by Nvidia and Intel, building optical interconnects designed to keep AI compute running when lasers fail.
Trump's AI Accord With Tech Leaders Leaves Safety Unsettled
After Trump's White House lunch with 20 tech CEOs, a voluntary AI safety "accord" left the underlying regulatory debate largely unchanged, CNBC reports.
OpenAI Unveils Dots Agent, Stays Silent on AI Safety
Sam Altman unveiled OpenAI's new "Dots" AI agent at DevDay, hours after the company withheld a model over safety concerns, without addressing it on stage.
China's Venture Funding Rebounds 49% on AI and Quantum
China's venture capital sector recovered, with fundraising up 49% year over year in H1 2026, as state-backed funds pour billions into AI and quantum technology.
