The Generative AI Meetup Podcast

The Best Open Source US Model (Right behind China)

June 7, 2026·1h 54m
Episode Description from the Publisher

https://novacut.ai/  https://genaimeetup.com/  Anthropic has officially closed a $65 billion Series H at a $965 billion valuation, nearly 2.5x its valuation from just 100 days ago. Meanwhile, funding is flowing across the ecosystem: Frameworks AI at $15B, Baseten at $11B, OpenRouter's $113M Series B, and Cognition AI's $1B Series D. NVIDIA went on an open-source super week with Nemotron 3 Ultra, Cosmos 3, and Nemotron 3.5 ASR. Microsoft dropped 5 new MAI models. Google released Gemma 4 12B, and Anthropic shipped Opus 4.8. On the benchmarks front, DeepSWE crowns GPT-5.5 as the leader in long-horizon coding tasks, while ITBench shows even frontier models struggle with real-world SRE incidents — Claude Opus 4.7 tops out at just 47%. Plus: Cloudflare acquires VoidZero to build the future of AI-native edge development, and Google is paying SpaceX $920M/month for compute. Topics covered: • Anthropic's $65B Series H and path to $1T • Fireworks AI, Baseten, OpenRouter & Cognition funding rounds • Microsoft's 5 new MAI models • NVIDIA's open-source super week (Nemotron, Cosmos 3) • MiniMax M3, Gemma 4 12B, JetBrains Mellum2, Opus 4.8 • DeepSWE benchmark: GPT-5.5 leads long-horizon coding • ITBench: Frontier models under 50% on real SRE tasks • Cloudflare + VoidZero for AI-native edge dev • Google's $920M/month SpaceX compute deal #AI #Anthropic #NVIDIA #OpenAI #AInews #TechNews #LLM     Funding rounds Anthropic formally confirmed the closure of its $65 billion Series H funding round at a post-money valuation of $965 billion. This represents a 2.5-fold increase over its $380 billion Series G valuation from February 2026, adding $585 billion in value in approximately 100 days https://www.anthropic.com/news/series-h  Frameworks AI raising at 15B valuation representing a near fourfold increase from its $4 billion Series C valuation recorded in October 2025 processing 15 trillion tokens daily for major production clients including Cursor, Notion, and Perplexity https://finance.yahoo.com/sectors/technology/articles/fireworks-ai-eyes-15-billion-174609357.html Baseten is raising 1B at 11B valuation annualized revenue, which skyrocketed from $200 million to $600 million over a single quarter https://techstartups.com/2026/05/26/ai-inference-startup-baseten-in-talks-to-raise-1-billion-at-11-billion-valuation/  OpenRouter has secured a $113 million Series B funding OpenRouter has experienced exponential traffic growth, with weekly production throughput expanding fivefold from 5 trillion to 25 trillion tokens over a six-month horizon https://www.businesswire.com/news/home/20260526953416/en/OpenRouter-Raises-%24113-Million-CapitalG-led-Series-B-as-Weekly-Volume-Explodes-to-25T-Tokens  Further up the stack: Cognition AI secured a $1 billion Series D round led by Lux Capital and 8VC https://cognition.ai/blog/series-d   Model Releases MAI models: MAI-Code-1-Flash: A 5-billion active parameter model optimized for ultra-low latency within GitHub Copilot and VS Code. MAI-Image-2.5: A high-fidelity image generation model ranking third on global image evaluation arenas, outperforming competing architectures like Nano Banana Pro. MAI-Transcribe-1.5: A multi-lingual speech processing engine offering fivefold speed improvements across 43 languages. MAI-Voice-2: Natural audio and voice generation across 15 languages, available at a highly competitive price point. Web IQ: A search-grounding API engineered to directly compete with Perplexity. https://microsoft.ai/models/    https://www.peoplematters.in/news/ai-and-emerging-tech/uber-imposes-dollar1500-monthly-ai-spending-limit-on-employees-amid-rising-costs-50073    Nvidia has executed an "Open-Source Super Week," positioning itself as a dominant software and model publisher: Nemotron 3 Ultra (best U

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