Duncan Riley
Latest from Duncan Riley
ProductNow raises $6M to build AI operating system for product teams
Artificial intelligence operating system for product teams startup ProductNow announced today that it has raised $6 million in new funding to launch its software stack for product teams. Founded earlier this year, ProductNow is building an operating system specifically for product, program and strategy teams. The OS is aimed at replacing the traditional, fragmented mix ...
LG AI Research partners with FriendliAI to launch AI model EXAONE 4.0 for public use
LG AI Research and generative artificial intelligence infrastructure company FriendliAI Inc. today announced a strategic partnership to make LG’s new AI model EXAONE 4.0 publicly available for the first time through FriendliAI’s serverless inference infrastructure. EXAONE 4.0 is LG AI Research’s latest breakthrough in large language models, delivering advanced reasoning and natural language generation suited ...
Google expands AI-driven cybersecurity efforts with updates ahead of Black Hat and DEF CON
Google LLC is gearing up its push into artificial intelligence-powered cybersecurity with a series of major announcements this week ahead of the Black Hat USA and DEF CON 33 conferences in early August. The search giant is spotlighting the growing role of agentic AI in detecting and preventing threats, including updates on its Big Sleep ...
Harmonic raises $100M at nearly $900M valuation to scale AI model for formal mathematical reasoning
Artificial intelligence for formal mathematical reasoning startup Harmonic AI Inc. announced today that it has raised $100 million in new funding on a nearly $900 million valuation to accelerate the commercialization of its flagship model. Founded in 2023 and co-founded by Vlad Tenev, chief executive of Robinhood Markets Inc., Harmonic is building Aristotle, a next‑generation ...
Amplitude acquires Kraftful to enhance ‘Voice of Customer’ insights
Behavior-tracking software firm Amplitude Inc. revealed today that it has acquired Kraftful Inc., a “Voice of Customer” startup, for an undisclosed price. Founded in 2019, Kraftful offers a product research and insights platform that uses artificial intelligence to help product teams deeply understand and act on user feedback at scale. The company offers a centralized system that ...
Foundation EGI raises $23M funding round to expand industrial AI platform
“Engineering general intelligence” platform startup Foundation EGI revealed today that it has raised $23 million in new funding to accelerate its vision of turning manufacturing’s biggest bottlenecks into breakthroughs using domain-specific artificial intelligence. Foundation EGI became a standalone company in 2023 when it was spun off from the Massachusetts Institute of Technology, with what it ...
MetTel partners with Check Point to launch enterprise mobile threat defense
Communications solutions provider MetTel Inc. today announced a new strategic partnership with Check Point Software Technologies Ltd. to deliver an advanced mobile threat defense solution for enterprise customers. The partnership sees the introduction of MetTel Mobile Threat Defense solution, a fully managed solution powered by Check Point Harmony Mobile that provides protection against mobile cyberthreats ...
Abacus raises $6.6M to bring AI assistants to accounting firms
Agentic certified public accountant assistant startup Abacus AI Inc. announced today that it had raised $6.6 million in new funding to give CPAs “superpowers” by turning junior-level preparers into reviewers and bringing Big Four-level automation and efficiency to the entire CPA market. Founded by brothers Cody and Brandon Sugarman, both engineers from Stanford, Abacus pitches ...
AI enterprise resource planning startup Nominal raises $20M for mid-market automation
Enterprise resource planning startup Nomimal Ltd. announced today that it has raised $20 million in new funding to fuel its mission to automate complex finance tasks for midmarket and enterprise companies using AI agents. Founded in 2023, Nominal offers an AI-powered automation platform that has been built for modern finance and accounting teams who are ...
AI infrastructure startup LangChain reportedly raises $100M at $1.1B valuation
Artificial intelligence infrastructure, developer tools, observability and workflow orchestration company LangChain Inc. has reportedly raised $100 million in new funding on a $1.1 billion valuation. The news that the company was raising a new round was first reported today by TechCrunch, with Forbes later claiming that the round had already been raised and closed. LangChain ...









