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- Source: Yunfeng Capital, a PE firm co-founded by Jack Ma, invested ~$30M in AI insurance tech startup Corgi, leading a round that reportedly valued Corgi at $4B (Business Insider)
- Google and data: hackers used phone calls, phishing websites, and "meticulous" tactics to target dozens of US PE firms and other businesses over the past month (Reuters)
- Mistral releases Shieldstral, a 3B multimodal safety classifier that it says matches models up to 7x its size on text safety, available under Apache 2.0 (Mistral AI Blog)
- Internal email: Microsoft introduces token budget limits for employees' AI use, saying "tokenmaxxing is not what we are optimizing for" (Emanuel Maiberg/404 Media)
- Apple says its VP for Public Policy and Government Affairs Cynthia Hogan has resigned, following her appointment to Joe Biden's VP selection committee (Margaret Harding McGill/Axios)
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