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Google released Gemini 4 Argon across its developer and selected subscription products. Google positions it for multi-step coding, financial, legal and scientific tasks; access varies by product and plan.
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The Decoder reports that major US banks are restricting credential-based access by external AI agents. The report highlights authorization concerns when agents access accounts or attempt actions independently.
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Ballistic Ventures plans to raise a total of $490 million across two new funds. Regulatory filings show neither fund had recorded sales at the time of filing, and the firm declined to comment. The cybersecurity-focused VC is seeking $360 million for its third flagship fund and $130 million for Ballistic Ventures Fund B, according to filings. U.S. cybersecurity startups raised $11.5 billion in 2025. A JPMorgan Chase report citing PitchBook data says AI-enabled companies accounted for about 72% of U.S. cybersecurity venture deals through May.
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AI inference provider Fal has raised $1.3 billion in a Series F round. Bloomberg reported its valuation doubled from $8 billion in April to $16 billion. The San Francisco-based company hosts and runs video, image, and audio models. Fal said it raised a combined $1.65 billion across Series E and F; Bessemer Venture Partners led the latest round, with Nvidia, Sound Ventures, and T. Rowe Price participating.
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