Tech

Jane Street Signs $6 Billion AI Cloud Deal with CoreWeave, Invests $1 Billion in Equity

Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five largest shareholders. The deal provides Jane Street with access to NVIDIA’s next-generation Vera Rubin compute and adds to CoreWeave’s growing contract book, which includes Meta ($35B), OpenAI ($12B), and NVIDIA ($6.3B in capacity commitments).

Athena wants to bring agentic AI to the semiconductor factory floor

In short: Athena Technology Solutions, a Fremont-based MES integrator with roughly 120 employees, has launched FabOrchestrator, an agentic AI platform for manufacturing that automates reporting, support tickets, system modelling, and code generation for semiconductor and electronics factories. Built in partnership with Bangalore-based LLM at Scale.AI, it layers LLM capabilities on top of the Siemens Opcenter and Critical Manufacturing MES platforms that Athena implements.

Adobe launches Firefly AI Assistant to orchestrate tasks across Creative Cloud

Adobe launched the Firefly AI Assistant, a conversational agent that orchestrates tasks across Photoshop, Premiere, Lightroom, Illustrator, Express, and Frame.io using natural language. Previously codenamed Project Moonlight, it enters public beta in coming weeks, integrates with third-party models including Anthropic’s Claude, and maintains context across sessions. Adobe also announced Firefly Image Model 5, Custom Models, and the node-based Project Graph workflow system. The launch comes as CEO Narayen prepares to step down and Adobe faces competition from Canva (260M MAUs) and Figma.

Anthropic, Google, and Microsoft paid AI agent bug bounties, then kept quiet about the flaws

Security researcher Aonan Guan hijacked AI agents from Anthropic, Google, and Microsoft via prompt injection attacks on their GitHub Actions integrations, stealing API keys and tokens in each case. All three companies paid bug bounties quietly, $100 from Anthropic, $500 from GitHub, an undisclosed amount from Google, but none published public advisories or assigned CVEs, leaving users on older versions unaware of the risk.

A US judge ruled that a fraud defendant’s AI chats with Claude are not privileged

In a February ruling described as the first of its kind in the US, Judge Jed Rakoff found that Bradley Heppner’s conversations with Anthropic’s Claude about his legal exposure stripped away both attorney-client privilege and work-product protection, because an AI is not a lawyer and public AI platforms have no confidentiality obligation.

Accel raises $5 billion AI fund after Anthropic and Cursor returns soar

In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its Anthropic stake (invested at $183B, now valued near $800B) and Cursor (backed at $9.9B, now reportedly around $50B), and lands in a Q1 2026 venture market that deployed a record $297 billion.