The day in AI
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Launches and products
5 Jun 2025Anysphere (Cursor)Cursor Series C Anysphere raises $900M at a $9.9B valuation led by Thrive; ARR above $500M, up from $300M in mid-April.5 Jun 2025Alibaba (Qwen)Qwen3 Embedding and Reranker Open Apache 2.0 text embedding and reranking models (0.6B, 4B, 8B) from Qwen3; the 8B ranked first on MTEB multilingual with 70.58 on 2025-06-05.