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GitHub for the factory floor: Copia raises $26M to protect the code that runs industry

Ask an industrial engineer how their plant would recover if a controller’s code got corrupted or encrypted, and the honest answer is often grim: a backup on someone’s laptop, in a folder named “final_backup_2”. Copia Automation wants to replace that with something closer to how software teams work. The New York startup has raised $26mn […]

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‘Fight fire with fire’: Databricks is buying Panther Labs to challenge Splunk and CrowdStrike with AI

Databricks has a new pitch for the AI age of cyberattacks: fight fire with fire. The $134bn data-and-AI company said it will buy Panther Labs, a cybersecurity startup, as it pushes deeper into a market dominated by Splunk and CrowdStrike. It is Databricks’ third security acquisition, a sign of how seriously it is taking the […]

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The Big Four bill by the hour. Andera just raised $37M to let AI do the audit.

Audit is the part of corporate life almost no one thinks about, and almost everyone pays for. Public companies spend thousands of hours a year collecting evidence, testing controls and writing it all up. Most of it is done by hand, in Excel, much the way it was in 2002. Andera wants to hand that […]

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The Big Four bill by the hour. Andera just raised $37M to let AI do the audit. Read More »

He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M.

Baran Ozkan spent 15 months looking for software that did not exist. As head of financial-crime product at a European bank, he wanted a single tool to catch money laundering and fraud. Vendors overpromised. His own employer tried to build one in-house and failed. So he built it himself. His startup, Flagright, has now raised […]

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He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M. Read More »

General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.

A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomberg reported. Kling is seeking more than $2bn at a valuation of $18bn, […]

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General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money. Read More »

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