Maria Deutscher
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Satellite navigation startup Xona Space nabs $170M investment
Xona Space Systems Inc., a startup working to build a more reliable alternative to GPS, today announced that it has raised $170 million in funding. The Series C round was led by Mohari Ventures Natural Capital. Samsung Next, ICONIQ and a number of other institutional backers contributed as well. GPS trackers rely on signals from ...
Google, Cohere launch new audio AI models
Google LLC and Cohere Inc. today released new artificial intelligence models optimized for audio processing tasks. The search giant’s algorithm, Gemini 3.1 Flash Live, can automate customer service interactions. Cohere’s new AI is designed to transcribe speech. Both models provide significantly higher output quality than their predecessors. Companies can use Gemini 3.1 Flash Live to ...
Defense startup Shield AI raises $2B, acquires flight simulation company Aechelon
Shield AI Inc. today announced that it’s raising a $2 billion late-stage funding round at a post-money valuation of $12.7 billion. Three quarters of the capital will be provided through a Series G round led by Advent International, a large private equity firm. The remaining $500 million will come from Blackstone in the form of ...
Google develops TurboQuant compression technology for AI models
Google LLC has unveiled a technology called TurboQuant that can speed up artificial intelligence models and lower their memory requirements. Amir Zandieh and Vahab Mirrokni, two of the researchers who worked on the project, explained how it works in a Tuesday blog post. One way to speed up AI models is to reduce the amount ...
Granola raises $125M at $1.5B valuation for its AI note-taking app
Granola Inc., the startup behind a popular note-taking app of the same name, has raised $125 million in funding to expand its workforce and feature set. Index Ventures led the Series C investment. It was joined by Kleiner Perkins, Lightspeed, Spark and NFDG. Bloomberg reported that the investment follows a quarter in which Granola’s revenue ...
Legal AI startup Harvey valued at $11B in new $200M round
Harvey AI Inc., a developer of artificial intelligence tools for legal professionals, today announced that it has closed a $200 million Series C investment. The deal was jointly led by returning backers GIC and Sequoia. The latter firm also co-led Harvey’s previous two rounds. Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic and Kleiner Perkins ...
Arm launches 136-core AGI CPU for data centers
Arm Holdings plc today debuted a new central processing unit, the AGI CPU, that’s optimized to power artificial intelligence clusters. The company says the chip provides more than twice as much performance per server rack as Intel Corp. silicon. Additionally, Arm claims, the AGI CPU can help data center operators reduce hardware costs. The company expects ...
AI productivity startup Highlight AI raises $40M, appoints new CEO
Highlight AI Inc., a startup with an artificial intelligence app designed to make knowledge workers more productive, has raised $40 million in funding. Khosla Ventures led the Series A round. Highlight stated in its funding announcement today that more than a half-dozen other investors contributed as well. Additionally, the company disclosed that it has appointed ...
Databricks introduces Lakewatch SIEM, acquires two cybersecurity startups
Databricks Inc. today debuted Lakewatch, a cybersecurity product built atop its cloud data platform. The company also disclosed that it has acquired two startups called Antimatter Inc. and SiftD Inc. Databricks said the deals will help enhance its newly launched cybersecurity capabilities. Lakewatch is a SIEM, or security information and event management, application. SIEM tools ...
SentinelOne, Snyk introduce new tools for securing AI agents
SentinelOne Inc. and Snyk Ltd. today introduced new tools for securing artificial intelligence agents. NYSE-traded SentinelOne provides a cybersecurity platform called Singularity that helps companies protect software containers, employee devices and other assets. Snyk, in turn, offers tools that developers use to fix vulnerabilities in their code. The company is backed by more than $1.3 ...