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The problem with letting an AI agent loose inside a company is not that it might forget who it is. It is that it has no reason to hold back. A human employee is restrained by the fear of being fired. An agent, as one investor in Arcade.dev put it, “will exhaustively exploit every permission […]
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The race to power artificial intelligence has a problem that solar panels and wind turbines cannot fix on their own: the electricity has to be there at 3am, in still air, under cloud. Critical Energy, a Los Angeles startup founded by a former SpaceX engineer, has raised $22mn to chase that always-on demand with geothermal, […]
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The word “agent” is everywhere in enterprise software right now, which is exactly why Convey does not want to use it. The startup has raised a $38mn Series A led by Andreessen Horowitz, with Khosla Ventures and Pear VC joining. Its pitch is a deliberate rebrand: not AI agents that complete tasks, but AI “teammates” […]
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a16z is betting $38M that you want an AI ‘teammate’, not another agent Read More »
There is an unglamorous deadline bearing down on corporate IT, and it has just produced one of London’s more interesting AI raises. Conduct, a 35-person startup founded by three former Palantir engineers, has raised a $60mn Series A co-led by Index Ventures and ICONIQ, with SAP itself investing. The round takes its total funding to […]
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SAP just funded a startup built to help its own customers escape SAP Read More »
Most cybersecurity startups sell shields. Twenty sells the sword, and investors just valued that at $1bn. The company, which describes itself as America’s first venture-backed cyber warfare firm, has raised a $100mn Series B led by Accel, Axios reported. The round, with Point72 Ventures, Caffeinated Capital and Friends & Family Capital also taking part, brings […]
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A startup that builds offensive cyber weapons just became a $1bn unicorn Read More »
Odyssey, an AI lab building real-time ‘world models’, has raised $310mn at a $1.45bn valuation. The more telling number is whose names are on the round. The Series B was led by Natural Capital, with Amazon, AMD Ventures, Google’s GV, EQT and the CIA-linked fund In-Q-Tel taking part. As part of the deal, AWS becomes […]
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Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD Read More »
The Melbourne healthtech’s oversubscribed Series A, led by Airtree, funds a move into the UK and a pitch to coordinate a patient’s health data over a lifetime rather than a single appointment. Most healthcare systems are built to wait. They are organised around the moment something goes wrong, the appointment booked because a symptom appeared, […]
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Everlab raises AU$65m to turn primary care from treatment to prevention Read More »
On Tuesday, while the robotics industry continued pouring billions into machines that walk like humans, a startup called Genesis AI unveiled one that deliberately does not. Eno is a wheeled robot with a foldable tower, dexterous hands, and a foundation model its creators say gives it human-level manipulation. It is a pointed rejection of the industry’s […]
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Genesis AI thinks the humanoid hype is wrong. Its wheeled robot is the counterargument. Read More »
For most of the past decade, the security industry quietly gave up on prevention. Breaches were treated as inevitable, and the money went into detecting and cleaning up the mess afterwards. A new startup from two veterans of that industry says AI has made stopping the attack in the first place possible again, and investors […]
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The hottest pitch in AI right now is not another chatbot. It is software that can run the machines on a factory floor, and a two-year-old Israeli startup has just raised $20m on the strength of programming parts for Jeff Bezos’s rockets. Limitless Labs, formerly LimitlessCNC, closed a $20m Series A co-led by Dell Technologies […]
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This two-year-old startup already programs Blue Origin’s rockets. It just raised $20M. Read More »