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Modular raises $250M to simplify AI deployment across hardware
Artificial intelligence startup Modular Inc. said today it has raised $250 million in its third financing round, valuing the company at $1.6 billion. The round was led by Thomas Tull’s US Innovative Technology fund, with DFJ Growth joining. All existing investors participated, including Google Ventures, General Catalyst and Greylock Ventures. The funding brings the total ...
Signal AI lands $165M to redefine risk and reputation intelligence
London-based artificial intelligence startup Signal Media Ltd., better known as Signal AI, today announced it has raised $165 million in new growth-equity funding led by Battery Ventures. Following this investment, Battery Ventures will acquire a majority stake in Signal AI and support the company through its next phase of growth. Existing investors Highland Europe, Mercuri ...
Google Cloud debuts new AI tools to boost data science productivity
On a mission to lighten the workload for data scientists, Google LLC’s cloud division today announced a wave of new artificial intelligence tools designed to help them build the next generation of AI agents while supporting their day-to-day work. At Big Data London, an annual data and AI conference, Google Cloud unveiled enhancements to its ...
Prosper AI raises $5M to deliver voice AI agents for healthcare
Prosper AI Inc., a company building voice-enabled artificial intelligence agents purpose-built for healthcare, said today it has raised $5 million in seed funding to support front- and back-office operations across the industry. The round was led by Emergence Capital, with participation from Y Combinator, CRV and Company Ventures. The company builds AI agents capable of ...
Verdent launches an agentic AI coding suite that orchestrates multiple agents
Verdent AI Inc., an artificial intelligence startup developing agentic coding tools, today announced the launch of its platform that can plan, self-verify and iterate on complex software development work by guiding multiple agents in parallel. The company was founded by Zhijie Chen, former head of algorithms at ByteDance Ltd.’s short-form video platform TikTok and senior ...
Obot AI raises $35M to help companies manage standardized access for AI agents
Obot AI, an open-source software company building enterprise-ready platforms for the emerging Model Context Protocol standard, said today it has raised $35 million in a seed funding round co-led by Mayfield Fund and Nexus Venture Partners. The company said it intends to use the new capital to accelerate the development of its open-source projects, including ...
AppZen raises $180M to automate enterprise finance operations
California-based AppZen Inc., a leading agentic artificial intelligence platform for finance teams, today announced it raised $180 million in a Series D growth funding round led by Riverwood Capital to scale up the company’s autonomous finance software. Founded in 2012, the company incorporates generative AI to automate manual financial processes, such as accounts payable, corporate ...
Researchers detail Delphi-2M, an AI model capable of predicting 1,000+ diseases
Researchers in Europe have unveiled a new artificial intelligence model that can forecast a person’s risk of developing over 1,000 diseases more than a decade in advance. The generative AI tool, called Delphi-2M after the ancient Greek oracle, was custom-built by scientists from the European Molecular Biology Laboratory, the German Cancer Research Centre and the University ...
OpenMind releases open-source OS for intelligent robots
OpenMind, a company developing an open artificial intelligence operating system for robots, today announced the beta mode release of its open-source OS, which it said will allow anyone to program robots. The company called its OS the “Android for robots,” providing a universal platform that allows any robot to reason, perceive and act in the ...
Luma AI launches Ray3, a next-gen cinematic video generation model with built-in reasoning
Artificial intelligence startup Luma AI Inc. today announced the launch of Ray3, a powerful text-to-video AI model with built-in reasoning, designed for high-quality cinematic visual production for professionals. Luma also revealed a partnership with Adobe Inc. to integrate the new model into Adobe’s AI-enabled Firefly app, the company’s all-in-one software for creative work. “Ray3 is ...