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Digital bank Klarna launches stablecoin amidst rising crypto adoption
Klarna Bank AB, a global digital bank and payments provider, today launched KlarnaUSD, the company’s first stablecoin. Stablecoins are a type of cryptocurrency that pin their token value to traditional currency, in this case, U.S. dollars, so that individual tokens remain $1. Unlike cryptocurrencies such as Bitcoin, stablecoins remain “stable” in value and due to this ...
Cerrion raises $18M to support industrial automation with intelligent vision agents
Artificial intelligence video platform Cerrion AG today announced it has raised $18 million in early-stage funding to expand and scale operations across factories in Europe and the United States. The Series A round was led by leading early-stage venture firm Creandum, with participation from existing investors Y Combinator, Goat Capital, 10x Founders and Session VC. Cerrion ...
Kneron’s new AI chip brings LLM performance out of the cloud and onto devices
San Diego-based startup Kneron Inc., an artificial intelligence company pioneering neural processing units for the edge, today announced the launch of its next-generation KL1140 chip Founded in 2015, Kneron is a leader in edge AI that designs reconfigurable chips and software to process large language models and AI algorithms directly on devices rather than in ...
Amazon announces $50B investment to expand AI and supercomputing capabilities for US government
Amazon.com Inc. today announced it plans to invest up to $50 billion to expand artificial intelligence and high-performance supercomputing infrastructure for the United States government. The massive investment will add nearly 1.3 gigawatts of AI and supercomputing power across Amazon Web Services’ Top Secret, AWS Secret and AWS GovCloud through the construction and expansion of ...
Momentic raises $15M to become the AI-era ‘source of truth’ for software quality
Momentic Inc., an artificial intelligence-powered software testing and quality assurance platform for developers, today announced that it has raised $15 million in early-stage funding. Standard Capital led the Series A round, with participation from Dropbox Ventures and existing investors Y Combinator, FCVC, Transpose Platform and Karman Ventures. This fundraise brings the total raised by the ...
Sunday wants to put a robot in every home, beginning with the launch of Memo
Sunday, an artificial intelligence robotics startup founded by Stanford Ph.D. roboticists, launched today to introduce Memo: a household robot capable of doing everyday chores. The new robot is built for homes, with safety and stability as a priority. Founder and Chief Executive Tony Zhao and founder and Chief Technology Officer Cheng Chi started Sunday in ...
Salesforce launches deep observability tools for agentic AI
Salesforce Inc. today announced the release of new deep observability tools to handle the growing need to provide management and maintenance of artificial intelligence agents after deployment. The new capabilities are included in the Agentforce 360 Platform, an enterprise-wide solution that embeds agents into almost every application the company provides. With Agentforce 360, companies can ...
AI agent identity startup Keycard acquires Runebook to empower MCP connectivity
Keycard Labs Inc., a startup that builds software to manage identity and access security for artificial intelligence agents, today announced it has acquired Runebook to assist companies in safely adopting AI agents and tools. Keycard’s platform offers access management capabilities for AI agents, giving them distinct roles and permissions that define what they can access and ...
Parallax Worlds raises $4.9M to help companies virtually stress-test industrial robots
Parallax Worlds, a startup building hyper-realistic virtual simulations to stress-test robots before deployment, today announced it raised $4 million in a seed round. Together with the company’s pre-seed funding, this brings the total raised to $4.9 million. Pear VC led the round, with participation from GS Futures, Kakao Ventures, and Lightscape Partners, alongside numerous angel investors ...
Crypto exchange Bitrue launches AI-powered trading feature using GPT-5, Gemini and Claude
Cryptocurrency exchange Bitrue today announced today that it’s integrating artificial intelligence models into its copy-trading service, giving users the ability to allow those models to perform trades for them. With the new service, Bitrue customers will be able to hand over a portion of their investments to one of the world’s leading AI and allow ...