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AI & Enterprise

AWS releases open-source \'Strands Decider 2B\' decision-making model

Amazon Web Services has released an open-source lightweight decision-making model, Strands Decider 2B, for agentic AI development. The model does not generate text, instead selecting from predefined options to reduce token consumption and response delays. It is optimized for local deployment and rapid experimentation on laptops or public clouds. AWS is pursuing hybrid agents in which the decision model selects options and an LLM handles complex reasoning.

AI & Enterprise

Physical AI chip startup SimaAI raises $150 million at $1.45 billion valuation

Physical AI chip startup SimaAI raised $150 million at a valuation of $1.45 billion, SiliconANGLE reported on Sept. 28. The company plans to use the funds to expand its development environment and develop a next-generation embedded AI compute platform. The Series C round was co-led by Fidelity Management & Research Co and Amplify, with participation from existing and new investors. SimaAI is developing semiconductors and software for physical AI hardware.

AI & Enterprise

Instinct personal AI agent startup raises $1 billion in Series C, valued at $10 billion

Personal AI agent startup Instinct raised $1 billion in a Series C round, SiliconANGLE reported on Sept. 28. Sequoia Capital, Benchmark Capital and Coatue participated, and the round valued the company at $10 billion. A month earlier, Instinct raised $250 million led by Index Ventures and Benchmark at a $2.5 billion valuation. The company, incorporated as Spear Street Technology, is developing an AI assistant for daily tasks and phone-based concierge services.