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Precision Neuroscience raises $250m at a $1bn valuation, NYT reports

Precision Neuroscience has raised $250m in a Series D round for its brain-computer interface, the New York company announced on Thursday. Bill Ackman’s Pershing Square, the Ackman Oxman Institute and an unnamed life sciences fund led the round. The round values Precision at just over $1bn, The New York Times reported. Pershing Square and the […]

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Liquid AI puts a personal context layer for AI agents on Snapdragon chips

Liquid AI has tuned Liquid Context to run on Qualcomm’s Snapdragon chips. The software builds a picture of the user on the device itself. The company announced the work at Qualcomm’s Snapdragon Summit in Maui on Wednesday. A day later, it released a tool that speeds up its vision model on devices. Liquid AI, spun […]

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Island raises $400m at a $6.4bn valuation to govern AI agents

Island, the Dallas company behind the Enterprise Browser, has raised $400m in a Series F round. The deal values it at $6.4bn, Island announced on Thursday. Evolution Equity Partners led the round. In March 2025, Island raised $250m in a Series E led by Coatue, at a $4.8bn valuation. The company now pitches itself as […]

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Proxy adviser Glass Lewis merges with Clarity AI to expand in Europe

Proxy adviser Glass Lewis has combined with Clarity AI, which sells sustainability data and AI analytics. The two firms announced the deal on Thursday. The deal closed on 23 September, and no financial details were disclosed. The combined company will make Madrid its global centre for sustainability, data and AI work. It has more than […]

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Deutsche Telekom is replacing phone menus with AI agents, its AI chief says

Deutsche Telekom is replacing the automated phone menus on its customer service lines with AI agents, chief AI officer Kartik Sheth said. The share of customer interactions that never reach a human grows by one or two percentage points every month, he said. Sheth spoke on Thursday at HumanX in Amsterdam with Business Insider senior […]

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“Supply chains are at risk”: O-ID raises $1.2m for modular humanoid robots

“When enough factory roles go unfilled at once, entire supply chains are at risk. O-ID’s robots are built to work alongside the people still on the floor, closing those gaps before they become a crisis for a single factory and for the industries Japan depends on,” said Stian Jakobsen, co-founder and CEO of O-ID. Tokyo-based […]

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Lovable says two-thirds of the Fortune 500 use it and revenue hit $600m

Two-thirds of the Fortune 500 are using Lovable, co-founder Fabian Hedin said, often because staff found the tool on their own. Those companies then come to Lovable with thousands of apps and ask what to do, he said. Hedin, Lovable’s chief technology officer, spoke to Forbes senior editor Iain Martin on Wednesday at HumanX in […]

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Numeral raises $100m Series C for AI sales tax compliance

Sales tax has become a much bigger operational challenge as companies grow across markets, systems and business models. Sam Ross, co-founder and chief executive of Numeral, said that as the San Francisco company announced a $100m Series C on Wednesday. Insight Partners led the round. Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator and Uncork […]

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Tekever hits a $6.4bn valuation and plans acquisitions with its new round

The fund raise is precisely designed to support that growth, not only organically, developing new technology, but through acquisitions. Ricardo Mendes, founder and chief executive of Tekever, said that in an interview with Bloomberg Television on Wednesday. He said he expects the defence technology market to go through tremendous consolidation over the next few years. […]

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AI-native patent firm Fearn launches to take on the billable hour

A conventional patent application can take 30 to 40 hours of attorney time and cost $18,000 to $40,000 in legal fees. Startups wait months to protect technology that can change by the day. Fearn, the modern patent prosecution firm for startups, was built around a different model. The company has launched an AI-native patent firm. […]

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