billion-dollar startups

Meta says its latest AI systems are beginning to improve themselves without human intervention, a step Mark Zuckerberg called toward artificial superintelligence, with a policy memo noting “glimpses” of self-improvement. Zhipu (Z AI) open-sourced GLM-4.5, a 355-billion-parameter model built on mixture-of-experts, ranking third globally on reasoning and coding benchmarks, as China reports over 1,500 domestically developed large AI models. Google pledged $9 billion to expand its U.S. AI infrastructure, including a new data center campus in Oklahoma, raising annual capex to $85 billion and committing $1 billion for AI training in more than 100 U.S. colleges. Cisco reported $2 billion