Kyt Dotson
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Seattle-based startup Fixie.ai Inc. today said that it has raised $17 million in seed funding to help companies integrate large language model AI agents into their applications. Large language models, or LLMs, are a type of artificial intelligence tool that can read, summarize …
Crypto hardware wallet maker Ledger raises $109 million in new funding
Ledger SAS, a Paris-based startup that manufactures crypto wallet hardware, today announced that it has raised most of a $109 million funding round. Bloomberg reported that the firm’s valuation remains about $1.4 billion, which is about the same as the company had …
Econia Labs secures $6.5M to build decentralized order books on Aptos blockchain
Econia Labs, a startup developing decentralized order books for the Aptos blockchain, announced today that it raised $6.5 million in seed funding led by Dragonfly. Other investors joining the round included, among others, Lightspeed Faction, Wintermute Ventures, Hudson River Trading, Flow Traders, …
Autonomous AI agent startup Fetch.ai raises $40M round led by DWF Labs
Cambridge, U.K.-based artificial intelligence lab Fetch.ai Ltd. which is building decentralized networks for smart infrastructure and AI-powered peer-to-peer applications, today announced it has raised $40 million in a round led by DWF Labs. Using Fetch.ai’s platform, developers can build and deploy peer-to-peer …
VPN provider Tailscale announces ‘Funnel’ to help developers build securely on the internet
Tailscale Inc., a corporate virtual private networking provider that provides security for services and devices anywhere in the world, today unveiled “Funnel,” a new service that creates secure tunnels from local application development environments to the internet for developers. As more developers …
Microsoft previews AI-powered Security Copilot to help cybersecurity staff
As cybersecurity professionals must manage many tools and often overwhelming amounts of data from multiple sources, Microsoft Corp. today announced Security Copilot, a new tool designed to help simplify their work and address security threats with an easy-to-use artificial intelligence assistant. Copilot …
Disney abandons metaverse division amid layoffs
Walt Disney Co. has reportedly ditched its metaverse division as part of a broader restructuring process that will cut the company’s operating expenses by $5.5 billion and lay off 7,000 employees over the next two months. Citing people familiar with the matter, …
Apple acquires AI-powered video compression startup WaveOne
Apple Inc. recently acquired WaveOne Inc., a startup that develops video compression algorithms using artificial intelligence, according to a report today from TechCrunch. Although Apple did not confirm the acquisition, WaveOne’s former head of sales and business development, Bob Stankosh, took to LinkedIn …
Web3 middleware platform Particle Network raises $7M
Particle Network, a middleware platform for Web3 applications, announced Friday that it has raised $7 million in seed funding to support easier development of blockchain-based decentralized applications. The round was led by ABCDE Capital and was joined by other well-known crypto investors …
Snap opens up its AR tools to retailers and enterprise businesses
Snap Inc., the company behind the video-messaging app Snapchat, today announced it’s launching a new division that will offer its augmented reality solutions to retailers and businesses so they can integrate them into their apps. Augmented Reality Solutions for Business, or ARES, …