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Poland produced one of the world’s most valuable AI companies almost by accident. Now it is spending public money to make sure the next one stays closer to home. Vinci, the venture arm of Poland’s state development bank BGK, has taken an $11mn stake in ElevenLabs, the AI-voice firm valued at $11bn. The same day, […]
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Poland bought a stake in ElevenLabs to grow its next AI champion Read More »
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 »
When an AI agent does something on your behalf today, it usually has to become you. It logs in as you, with your access to everything. Estonia wants to end that. The country plans to issue personal identification numbers to AI assistants, the first nation to do so, prime minister Kristen Michal said. The idea […]
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Estonia wants to give every AI agent its own ID number Read More »
Jeff Bezos appears to have settled on his AI thesis, and it is not chatbots. It is the physical world. CuspAI, a two-year-old Cambridge startup that uses AI to design new materials, is in talks to raise about $400mn at a $2.6bn valuation, the Financial Times reports. The round is led by Bezos Expeditions, the […]
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Jeff Bezos is backing a two-year-old Cambridge AI lab at a $2.6bn valuation Read More »
SpaceX has made it official. In a filing on Tuesday, Elon Musk’s newly public rocket company said it had signed a binding agreement to buy Anysphere, the startup behind the popular AI coding tool Cursor, in an all-stock deal that values the company at $60bn. It confirms an option SpaceX first disclosed in April, and […]
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SpaceX makes its $60bn Cursor takeover official, days after its record IPO Read More »
The race to secure non-human identities just produced its second deal of the day. SailPoint, the Austin-based identity-security giant, said it plans to buy Entro, a Tel Aviv startup that finds and protects the credentials, keys and machine accounts that now swarm through every cloud. The companies did not disclose a price; Calcalist reports it […]
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SailPoint plans to buy Entro to pour non-human identities into its “Agentic Fabric” Read More »
1Password is buying its way into the agentic enterprise. The Toronto identity-security company said on Monday it has acquired Apono, an Israeli startup that decides, in real time, what every human, machine and AI agent is allowed to touch inside a company’s systems. Neither side disclosed a price; the Israeli outlet Calcalist reports the deal […]
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1Password acquires Apono to govern what AI agents can do once they’re inside Read More »
Optiak, a startup building what it calls a modular operating system for enterprise AI, has come out of stealth with a €4m pre-seed round, about $4.7m, led by Market One Capital, Next Tier Ventures, EA Ventures Plug and Play EMEA Fund and Mission. The company, the founders say, is trying to solve a problem most […]
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Exclusive: Optiak raises €4m to build an orchestration layer for enterprise AI Read More »
NewCore has come out of stealth with $66m to solve a problem most companies have not named yet: who, or what, is logging into their systems. The identity-security startup, based in Tel Aviv and San Francisco, is building a platform to govern both human employees and autonomous AI agents under one architecture, and it is […]
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NewCore raises $66m to give AI agents a corporate identity Read More »