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Ethosphere raises $2.5M to support retail associates with AI insights
Seattle-based startup Ethosphere, a voice-enabled artificial intelligence platform for retail operations, said today it has raised $2.5 million in pre-seed funding to bring large language models to brick-and-mortar store floors, aiming to help sales associates deliver better in-person service. Point72 Ventures led the round, with participation from AI2 Incubator, Carya Ventures, Pack VC, Hike Ventures ...
Workday acquires Sana Labs for $1.1B to upgrade agentic AI work experiences
Human resources and finance software giant Workday Inc. today announced the acquisition of Sana Labs AB, an artificial intelligence company offering enterprise knowledge and employee training tools, for about $1.1 billion. Workday also announced new AI agents for HR, finance and industry use cases in its Illuminate platform alongside a new developer platform, including a ...
Quantum Motion brings silicon-based quantum computer online in major industry milestone
London-based Quantum Motion Technologies Ltd. announced today it has delivered the industry’s first quantum computer built using traditional semiconductor chipmaking processes, the same technology used in conventional computers. The new system was installed at the UK National Quantum Computing Centre, the United Kingdom’s national lab dedicated to accelerating quantum computing research. It uses standardized mass-manufacturable ...
AegisAI raises $13M to protect business users against email attacks
Cybersecurity startup AegisAI Inc. has launched with $13 million in seed funding co-led by Accel and Foundation Capital to fix email security using artificial intelligence in the face of increasingly sophisticated attacks. Founded by Chief Executive Cy Khormaee and Chief Technology Officer Ryan Luo, former Google LLC security executives, the startup focuses on using agentic ...
Endpoint cybersecurity firm Koi raises $48M to stop attacks against enterprise networks
Koi Security Inc., a startup providing cybersecurity for enterprise endpoints, announced Wednesday it has raised $48 million in early-stage funding to protect businesses against the growing risk surrounding self-installed software and other security blind spots. The company said the funds were raised across a $10 million seed and a $38 million Series A round led ...
CuspAI raises $100M to build AI ‘search engine’ to transform materials science
Cambridge-based CuspAI, an artificial intelligence company developing a platform to revolutionize how the world discovers and develops new materials, said today it has raised $100 million in an early-stage funding round. The Series A round was co-led by U.S. fund New Enterprise Associates and Temasek, with participation from Nvidia Corp.’s venture capital arm NVentures, Samsung ...
Quantum computing startup PsiQuantum raises $1B, aiming to build 1M-qubit-scale machine
PsiQuantum Inc., a well-funded quantum computing startup, said today it has raised $1 billion in late-stage funding to accelerate its efforts to build a large-scale, reliable quantum computer with more than a million qubits. The Series E deal was led by BlackRock Inc., alongside Temasek and Baillie Gifford. The fundraise brings the valuation of the ...
Apple introduces iPhone 17, Watch 11 and new AirPods Pro 3
Apple Inc. today introduced a new lineup of iPhone 17, including an ultra-thin model, new AirPods Pro and its next generation of Apple Watch. In addition to the devices introduced at the company’s “Awe Dropping” event, Apple also introduced the A19 and A19 Pro custom silicon. The new chips will power the family of iPhone ...
Mistral AI raises $2B led by semiconductor equipment maker ASML at $14B valuation
French artificial intelligence leader Mistral AI today announced it has raised €1.7 billion, about $2 billion, in a Series C funding round led by Dutch semiconductor equipment manufacturer ASML Holding NV. The round more than doubles Mistral’s $6 billion valuation, which it achieved during a $640 million round led by General Catalyst last year, to ...
DataCrunch raises $64M to build European-based AI hyperscaler using green energy
Helsinki, Finland-based DataCrunch Oy, a provider of high-performance artificial intelligence infrastructure, said today it has raised €55 million, about $64 million, in early funding to scale its compute platform in an ambitious bid to become Europe’s first AI cloud hyperscaler. The Series A round was led by byFounders, Skaala, Varma pension fund and Tesi, with additional ...