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The Generative AI Meetup Podcast

The Best Open Source US Model (Right behind China)

07 June 2026 1:54:55 Mark and Shashank

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https://novacut.ai/ 

https://genaimeetup.com/ 

Anthropic has officially closed a $65 billion Series H at a $965 billion valuation, nearly 2.5x its valuation from just 100 days ago. Meanwhile, funding is flowing across the ecosystem: Frameworks AI at $15B, Baseten at $11B, OpenRouter's $113M Series B, and Cognition AI's $1B Series D.

NVIDIA went on an open-source super week with Nemotron 3 Ultra, Cosmos 3, and Nemotron 3.5 ASR. Microsoft dropped 5 new MAI models. Google released Gemma 4 12B, and Anthropic shipped Opus 4.8.

On the benchmarks front, DeepSWE crowns GPT-5.5 as the leader in long-horizon coding tasks, while ITBench shows even frontier models struggle with real-world SRE incidents — Claude Opus 4.7 tops out at just 47%.

Plus: Cloudflare acquires VoidZero to build the future of AI-native edge development, and Google is paying SpaceX $920M/month for compute.

Topics covered: • Anthropic's $65B Series H and path to $1T • Fireworks AI, Baseten, OpenRouter & Cognition funding rounds • Microsoft's 5 new MAI models • NVIDIA's open-source super week (Nemotron, Cosmos 3) • MiniMax M3, Gemma 4 12B, JetBrains Mellum2, Opus 4.8 • DeepSWE benchmark: GPT-5.5 leads long-horizon coding • ITBench: Frontier models under 50% on real SRE tasks • Cloudflare + VoidZero for AI-native edge dev • Google's $920M/month SpaceX compute deal

#AI #Anthropic #NVIDIA #OpenAI #AInews #TechNews #LLM

 

 

Funding rounds

Anthropic formally confirmed the closure of its $65 billion Series H funding round at a post-money valuation of $965 billion. This represents a 2.5-fold increase over its $380 billion Series G valuation from February 2026, adding $585 billion in value in approximately 100 days

https://www.anthropic.com/news/series-h 

Frameworks AI raising at 15B valuation representing a near fourfold increase from its $4 billion Series C valuation recorded in October 2025

processing 15 trillion tokens daily for major production clients including Cursor, Notion, and Perplexity

https://finance.yahoo.com/sectors/technology/articles/fireworks-ai-eyes-15-billion-174609357.html

Baseten is raising 1B at 11B valuation

annualized revenue, which skyrocketed from $200 million to $600 million over a single quarter

https://techstartups.com/2026/05/26/ai-inference-startup-baseten-in-talks-to-raise-1-billion-at-11-billion-valuation/ 

OpenRouter has secured a $113 million Series B funding

OpenRouter has experienced exponential traffic growth, with weekly production throughput expanding fivefol

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