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Amazon introduces Nova Act, an AI agent that can use a web browser
Amazon.com Inc. today introduced Nova Act, a new artificial intelligence agent that can take control of web browsers and take independent actions. The new AI agent is a research preview built by Amazon’s newly opened Amazon AGI San Francisco Lab, which was behind the release of the Amazon Nova foundation models in December. Amazon Nova ...
AI datacenter infrastructure company Retym launches alongside $75M raise
Retym Inc., a technology company specializing in semiconductors for cloud and artificial intelligence data center connectivity, today announced its launch, accompanied by $75 million in a Series D funding led by Spark Capital. Existing investors Kleiner Perkins, Mayfield and Fidelity Investments also participated in this round, bringing the total funding for the startup to more ...
Edge AI semiconductor maker MemryX raises $44M
MemryX Inc., the maker of artificial intelligence solutions for the edge, announced Thursday that it raised $44 in a Series B funding round. Founded in 2019, MemryX designs AI accelerator chips that are used to power smart devices such as autonomous vehicles, robotics, industrial automation, internet of things devices, drones, healthcare equipment and more. The ...
AI startup CADDi nabs $38M to help manufacturers optimize supply chains
Japanese artificial intelligence startup CADDi Inc. today raised $38 million in new funding to grow its AI data platform that assists manufacturing companies optimize the procurement of parts. Atomico, a European venture capital firm, led what the company called a “Series C Extension” alongside existing investors Global Brain and Minerva Growth. The new funding brings ...
Taxo raises $5M to reduce paperwork for doctors so they can care for patients
Taxo.ai Inc., a company building an artificial intelligence reasoning engine for healthcare administration, said today it raised $5 million in seed financing to reduce the burden on physicians so that they can spend more time on patient care. The funding round was led by Y Combinator, General Catalyst and Character, with participation from prominent angels ...
Alibaba releases new open-source AI model to power intelligent voice applications
Alibaba Cloud announced today the launch of the release of a new artificial intelligence model in its Qwen family uniquely capable of comprehending text, audio and video while also responding in real-time voice conversations. The company said the model, which is named Qwen2.5-Omni-7B, is small enough that it will fit on devices such as mobile ...
Secure enterprise browser Island raises $250M at nearly $5B valuation
Island Technology Inc., the developer of a secure Chromium-based browser for the enterprise, today announced that it has raised $250 million in a late-stage financing led by Coatue Management, bringing its valuation to $4.8 billion. The startup raised $175 million in its previous funding round in April 2024 at a $3 billion valuation. Including this ...
Google introduces Gemini 2.5 Pro with chain-of-thought reasoning built-in
Google LLC said today it’s updating its flagship Gemini artificial intelligence model family by introducing an experimental Gemini 2.5 Pro version. The company added it is the “most intelligent” yet and will include “thinking” capabilities built-in. All upcoming Gemini 2.5 models will be thinking models, capable of breaking down tasks into multiple steps and reasoning ...
Nexthop AI launches with $110M to build next-gen cloud AI infrastructure
Nexthop AI launched today with $110 million in funding led by Lightspeed Ventures to help the world’s largest cloud companies build the next generation of artificial intelligence infrastructure. The funding combines a seed and Series A round for the startup. Kleiner Perkins, WestBridge Capital, Battery Ventures and Emergent Ventures were also participating investors. Nexthop builds ...
AWS enhances QuickSight’s business intelligence with AI agents
Amazon Web Services Inc. said today it’s expanding the generative artificial intelligence capabilities of its cloud-based business intelligence service QuickSight with agentic AI. Amazon QuickSight is a platform for business users that provides users with machine learning capabilities that can reach into company data and provide spreadsheets, charts and visualizations. It includes a generative AI ...