Startups and technology

Auto Added by WPeMatico

Ex-OpenAI research chief Bob McGrew’s Arda raises $232M for US factories

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

Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $160 million Series A at a $1.5 billion valuation, co-led by Altimeter, Accel and Khosla […]

This story continues at The Next Web

Ex-OpenAI research chief Bob McGrew’s Arda raises $232M for US factories Read More »

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 […]

This story continues at The Next Web

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

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 […]

This story continues at The Next Web

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

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 […]

This story continues at The Next Web

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

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 […]

This story continues at The Next Web

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

Inception says its Mercury 3 model beats GPT-6 Luna and runs far faster

Artificial Intelligence, Deep tech, Design & Dev, Digital Marketing, SEO Tips, Startups and technology, Technology, United States /

Inception, the Redwood City AI lab, released Mercury 3 on Monday. It is the newest version of what the company calls a diffusion LLM, a design that differs from the systems behind most chatbots. Most language models are autoregressive. They write one token at a time, each one chosen after the last. A diffusion model […]

This story continues at The Next Web

Inception says its Mercury 3 model beats GPT-6 Luna and runs far faster Read More »

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, […]

This story continues at The Next Web

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

Amnon Shashua’s doubleAI launches an AI that speeds up code while it runs

Artificial Intelligence, Deep tech, Design & Dev, Digital Marketing, Middle East, SEO Tips, Startups and technology, Technology /

Amnon Shashua’s startup doubleAI has launched Maxwell, an AI model that works inside running software to make it use less computing power. Shashua co-founded the Tel Aviv company and is its chief executive. The company announced Maxwell on Monday and opened it for early access. Shashua set out the company’s plans to Belle Lin of […]

This story continues at The Next Web

Amnon Shashua’s doubleAI launches an AI that speeds up code while it runs Read More »

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, […]

This story continues at The Next Web

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

Anduril opens a $1.3bn employee tender at a $90bn valuation

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

Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources. Rebecca Torrence, Edward Ludlow, Natasha Mascarenhas and Katrina Manson first reported the tender for […]

This story continues at The Next Web

Anduril opens a $1.3bn employee tender at a $90bn valuation Read More »

Shopping Cart