Tuesday, March 24, 2026

European VC firm Hummingbird raised $800M to find "misfit" founders, taking its total assets to ~$2B, after backing Kraken and AI vibe coding startup Lovable (Financial Times)

Financial Times:
European VC firm Hummingbird raised $800M to find “misfit” founders, taking its total assets to ~$2B, after backing Kraken and AI vibe coding startup Lovable  —  Hummingbird to put $800mn in funds to work after lucrative early bets on the likes of Kraken and Lovable



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Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fable 5, will make it "open-weight soon" (Bloomberg)

Bloomberg : Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fab...