Brought to you by:
Top stories today:
- Google rolls out Gemini 2.5 Deep Think, its top reasoning model
- OpenAI raises $8.3B at $300B valuation as part of $40B funding plan
- Manus unveils āWide Researchā to tackle complex tasks
- Mistral said to seek $1B raise at $10B valuation
- Tesla found partly liable in 2019 fatal crash, ordered to pay $243M
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Google rolls out Gemini 2.5 Deep Think, its top reasoning model
Gemini 2.5 Deep Think outperformed Gemini 2.5 Pro, OpenAIās o3, and xAIās Grok 4, and its variant also earned a gold medal at IMO 2025. However, o3-Pro and Grok 4 Heavy are still the top AI models across key benchmarks:
Gemini Ultra subscribers can use Gemini 2.5 Deep Think.
May: Google unveiled the new model at its I/O 2025.
Can consider multiple ideas simultaneously using a multi-agent architecture.
2. Update: OpenAI raises $8.3B at $300B valuation as part of $40B funding plan
Dragoneer Investment has emerged as the biggest investor in this funding, with a $2.8B commitment.
Blackstone, TPG, T. Rowe Price, and Fidelity Management have also backed the new round.
Founders Fund, Sequoia Capital, a16z, Coatue, Altimeter Capital, D1 Capital Partners, Tiger Global, and Thrive Capital have also participated.
5x oversubscribed, the round left some existing investors frustrated by limited allocations.
Mar.: The $40B funding plan was announced, with SoftBank as the lead investor.
Athyna helps you build high-performing teams fasterāwithout sacrificing quality or overspending.
Hereās how:
AI-powered matching ensures you find top-tier talent tailored to your exact needs.
Get candidates in just 5 days, ready to onboard and contribute from day one.
Save up to 70% on salaries by hiring vetted LATAM professionals.
*Disclaimer: We have equity in Athyna.
