Ki Api

Solo fund by ex-Phoenix Court partner • Unknown

A former partner at London VC firm Phoenix Court launched her debut solo fund, a $17 million vehicle looking to unearth Europe's next AI success. The fund is not a direct startup funding round but a new venture capital fund.

MSFT

Microsoft is seeking to raise at least $25 billion in its first US investment-grade bond sale since 2017, when it raised $17 billion, to fund AI-related capital expenditures, according to sources.

Epoch AI researchers say the open-weight model GLM 5.3 turned public security fixes into working Firefox exploit chains with zero human input in under 48 hours, compromising six Firefox releases before updates reached users. The work cost about $1,000 in API fees per exploit and did not trigger safeguards from any provider tested.

Security • The Decoder