Genesis AI in Talks to Raise $500 Million at $3 Billion Valuation

AI robotics startup Genesis AI is in talks with investors to raise roughly $500 million. According to Bloomberg, the round would value the company at a preliminary $3 billion (pre-money). The discussions are ongoing, and both the funding amount and the valuation could still change.

Investment in AI applications for robotics has accelerated since the start of 2026, with capital continuing to pour into companies aiming to deploy AI in the physical world. If the raise goes through, Genesis AI will cement its position as a leading player in robotics AI.

Nvidia Signs $1.5 Billion Chip Packaging Deal with Amkor

Nvidia has signed a $1.5 billion agreement with Amkor Technology. Under the deal, Nvidia will make upfront payments to support the expansion of Amkor's chip packaging facilities in Arizona. It is positioned as part of a broader effort to expand domestic manufacturing capacity in the U.S. semiconductor industry.

Following the announcement, Amkor's stock surged about 15% in after-hours trading. With AI chip demand remaining strong, securing packaging capacity addresses a critical bottleneck for mass-producing GPUs. For Nvidia, the deal amounts to a supply chain investment aimed at keeping shipments on track.

Zuckerberg Launches AI Optimism Campaign

Meta's Mark Zuckerberg has kicked off a campaign to spread an optimistic message about AI. According to Axios, the campaign highlights the benefits AI technology brings to society and argues for promoting innovation over regulation.

The story drew some interest from the community, picking up 7 points and 3 comments on Hacker News. While a move by an AI industry leader to actively tout "the potential of AI" could be read as lobbying by Big Tech, it also appears designed to ease consumer anxiety about AI.

"AI Kill Switch Act" Introduced in Congress

In the U.S. Congress, Rep. Lieu and Sen. Moran have introduced a bill that would mandate a "kill switch" for AI systems. The bill would require AI systems to include a mechanism that lets humans shut them down immediately if they become uncontrollable.

The full text of the bill has been made public, spelling out the scope of AI systems covered and the details of the technical requirements. In the debate over AI safety, an "emergency stop" capability is drawing attention as a technical and political middle ground. The industry may push back with concerns about implementation costs and stifled innovation.

U.S. Department of Energy Kicks Off $5 Billion "Genesis Mission"

The U.S. Department of Energy (DOE) has fired the starting gun on the "Genesis Mission," a program dedicated to AI research. The project, reported to total around $5 billion, aims to massively expand AI computing infrastructure at the national laboratories.

According to The Next Platform, the DOE is looking to build long-term AI research capability, aiming to accelerate scientific breakthroughs through the convergence of supercomputing and AI. Separately, SLAC National Accelerator Laboratory will lead another Genesis Mission-related project: using AI to recover rare metals from lithium-ion battery waste.

Qwen 3.6 35B MoE Model Runs on a Smartphone

A post on Reddit's LocalLLaMA community reports running the Qwen 3.6 35B MoE model (Q4_K_M quantization) on a Xiaomi 12 Pro with 12GB of RAM. It leverages an open-source project called BigMoeOnEdge, marking the successful execution of a 35B-parameter model on an edge device.

Context length is currently capped at 8,192 tokens and generation speed is around 2.4 tok/s — far from practical — but the mere fact that a model of this size runs on a phone is a technical milestone in itself. Thanks to the efficiency of the MoE architecture and clever memory management that takes advantage of flash storage, running large models on edge devices is starting to look realistic.

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