Cognition's valuation multiple is higher than Cursor's was before selling to SpaceX.
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OpenAI has claimed it made significant progress on the Navier-Stokes equations, a complex mathematical problem that has remained unsolved for around 90 years. The company says its AI system achieved this in approximately 88 hours. The announcement has rapidly drawn scrutiny and debate from the scientific and mathematical communities. Critics and experts have questioned the validity and scope of the claim, making it a subject of controversy shortly after it was made.
OpenAI announced on Tuesday that it has found a solution to the Navier-Stokes problem, a mathematical challenge related to fluid and gas flow that has remained unsolved for roughly 90 years. The breakthrough was reportedly achieved using an internal AI model more advanced than the recently released GPT-6 Astra, operating with 10,000 simultaneous agents. Training on the internal model began on August 28th, according to OpenAI. The Navier-Stokes problem is one of seven Millennium Prize Problems, each carrying a $1 million reward for a verified solution. The claim was first reported by The New York Times and Wired before OpenAI published its own blog post.
The Exploration Company (TEC) has secured $450 million in a Series C funding round to develop reusable spacecraft. The company claims this is the largest Series C funding round ever raised by a European space company. TEC aims to use the capital to build and scale its reusable spacecraft technology. The fundraise positions the company as a significant competitor in the commercial space sector, taking on established players like SpaceX.
Rivian's micromobility spinoff, Also, has apologized to customers for delays in shipping its highly anticipated TM-B electric bike. The TM-B, unveiled last year, drew widespread attention for its unconventional design featuring a USB-C chargeable battery, a removable seat post, and a software-controlled pedal-by-wire system. The company had initially committed to a delivery timeline that it has since been unable to meet. Also attributed the holdups to unexpected production bottlenecks stemming from the bike's advanced, high-tech feature set. Customers who pre-ordered the TM-B have expressed frustration over the lack of a firm new delivery date.
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