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ASI hits a $3bn valuation as its AI moves from air traffic to the grid

Artificial Intelligence, Digital Marketing, Government and policy, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

ASI has raised $325 million in a Series C round that values it at $3 billion, the Boston AI company announced on Tuesday. Its software models air traffic, power grids and military operations hours, days and weeks ahead. The aim is to let operators act before problems spread. Spark Capital led the round. Affiliates of […]

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Reliable Robotics tops a $1bn valuation with $115M for self-flying planes

Digital Marketing, Drones, Investors and funding, Planes, SEO Tips, Startups and technology, Technology, United States /

Reliable Robotics has raised $115 million, taking its valuation past $1 billion, the company announced on Tuesday. The Mountain View, California, startup builds systems that let existing aircraft taxi, take off, fly and land on their own. The money extends the Series D it announced in April at $160 million, bringing the round to $275 […]

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Otter.ai raises $320M from General Catalyst for enterprise growth

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion and product development. Otter says more than 40 million people now use its product. That includes teams at over […]

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Blackwall quadruples its valuation to $2.2bn as bots take over the web

Deep tech, Digital Marketing, Europe, Investors and funding, Security, SEO Tips, Startups and technology, Technology /

“Blackwall has built something rare: a security company that grows with the internet itself,” said Warda Shaheen, a general partner at AVP. “It is already the layer in front of millions of websites, and as more of the web’s traffic comes from agents, the company in that position becomes indispensable.” AVP has led a $100 […]

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Asymptote Labs raises $5.5M to track and control what AI agents do

Artificial Intelligence, Digital Marketing, Investors and funding, Security, SEO Tips, Technology, United States /

New York startup Asymptote Labs has raised a $5.5M seed round led by Tower Research Ventures. It makes Beacon, a free open-source tool that records what AI agents do, and sells a paid platform that can block risky agent actions. The money will go on engineering, hiring and sales. Asymptote Labs, a New York startup […]

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Exclusive: Coherence Quantum raises €2.78M to cut the heat inside quantum computers

Digital Marketing, Investors and funding, Next Featured, Quantum tech, SEO Tips, Technology /

Think of a quantum computer as a very delicate machine that needs to operate in extreme cold. The processor is the part that does the actual computing, but it needs a lot of supporting equipment to work. The processor sits inside a special refrigerator that cools it to temperatures close to absolute zero. Cables run […]

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Town raises $108M at a $1B valuation so AI assistants can work as a team

Artificial Intelligence, Business Apps, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Town, a San Francisco startup that gives each person at work an AI work assistant, has raised $108m in a Series B that values it at $1bn. Forerunner Ventures and Menlo Ventures co-led the round, the company announced on Monday. Existing investors a16z and First Round Capital took part, along with Better Tomorrow Ventures, Precedent.vc, […]

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Tenstorrent raises $1.5B at a $6.2B valuation to scale its Galaxy servers

Artificial Intelligence, Deep tech, Digital Marketing, Investors and funding, semiconductors, SEO Tips, Startups and technology, Technology /

Tenstorrent, the AI chip company run by Jim Keller, has closed a $1.5bn Series E round at a $6.2bn post-money valuation, it announced on Monday. Trace Capital and Innovation X led the round. New and existing investors also took part. They include Agostinelli Group, ARK Invest, Cadence Ventures, Eclipse, Fidelity, Maverick Silicon, Morgan Stanley, Protagonist, […]

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Microsoft reportedly quits Nscale’s UK data centre weeks before its IPO

Artificial Intelligence, Digital Marketing, Investors and funding, Microsoft, Next Featured, SEO Tips, Technology, UK /

Microsoft has pulled out of a deal to anchor Nscale’s first British data centre, the Telegraph reported. The move comes as the AI cloud startup prepares to go public. The site in Loughton, Essex, has faced a string of delays, Bloomberg reported, citing the Telegraph. The paper did not say why Microsoft walked away. Authorities have […]

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Berkshire Hathaway puts another $330m into Bending Spoons

Business, Digital Marketing, Europe, Finance, Investors and funding, SEO Tips, Technology, United States /

Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July. The two investments give Berkshire a 4% stake, Bending Spoons said. Its businesses include AOL, Vimeo, […]

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