Kyt Dotson
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Mistral introduces Ministral 3B and 8B AI computing models for phones and laptops
Mistral AI, a Paris-based artificial intelligence startup, today introduced two new AI large language models, Ministral 3B and 8B, designed for on-device and edge computing thanks to their small size. The company called this new model family “les Ministraux,” for its rating in the sub-10 billion-parameter category, which makes them small enough to run on ...
Blockstream raises $210M to boost bitcoin blockchain layer 2 scaling technology
Bitcoin and blockchain infrastructure company Blockstream Corp Inc., said Tuesday it has raised $210 million in new funding led by Fulgur Ventures. The company said the funds will be used to expand the development and adoption of the company’s bitcoin layer 2 technology, which is used to scale up blockchain transactions, mining operations and financial ...
Lightmatter raises $400M at $4.4B valuation for next-gen photonic data center networking
Lightmatter Inc., a startup building photonic supercomputing products, today announced it has raised $400 million in a late-stage round, raising the company’s valuation to $4.4 billion. The Series D round was led by T. Rowe Price Associates and joined by existing investors, including Fidelity Management & Research Co. and GV, the venture capital arm of ...
Tableau Software updates data visualization and cloud analytics management
Salesforce Inc.’s data visualization platform Tableau Software today introduced a major update that includes further extensions to its visualization capabilities and also promises to help organizations administer, create and scale analytics in the cloud. The new updates, announced today with the Tableau 2024.3 release, include the key feature Tableau Cloud Manager which the company said ...
AI observability firm Galileo raises $45M to improve AI model accuracy
Galileo Technologies Inc., an enterprise artificial intelligence observability and evaluation platform provider, today announced it has raised $45 million in new funding. The Series B round was led by Scale Venture Partners to help companies build trustworthy AI platforms. Databricks Ventures, Premji Invest, Amex Ventures, Citi Ventures, ServiceNow and SentinelOne participated alongside existing investors Battery Ventures, ...
Tenable brings intelligent data and AI resource security risk management to the cloud
Network security company Tenable Inc. today added security posture management capabilities for data and artificial intelligence solutions to the company’s Tenable Cloud Security platform that will reduce customer risk of exposure to misconfigurations and vulnerabilities. The company’s Cloud Security service helps companies discover risk within hybrid and multicloud environments, including vulnerabilities such as excess privileges, risky ...
CoreWeave lands $650M credit line for AI cloud-computing expansion
CoreWeave Inc., a cloud provider of graphics cards for artificial intelligence workloads, said today that it has added a $650 million credit line led by major investment firms to scale its global operations. JPMorgan Chase, Goldman Sachs and Morgan Stanley led the credit facility, with participation from Barclays, CitiGroup, Deutsche Bank, Jefferies, Mizuho, MUFG and ...
Uniswap Labs announces Unichain, a layer 2 blockchain for scaling decentralized finance
Uniswap Labs, the developer behind the most popular decentralized cryptocurrency exchange, today announced the launch of its own application-specific layer 2 blockchain network, Unichain. The company said the new blockchain network is geared toward helping build a scaling solution for Ethereum, a popular blockchain for decentralized finance, or DeFi, to help lower transaction times and ...
ApertureData raises $8.5M for multimodal AI database
California-based ApertureData Inc., the developer of a purpose-built database for artificial intelligence multimodal large language models, today announced it has raised $8.25 million. The seed round was led by TQ Ventures with participation from Westwave Capital and Interwoven Ventures. As more AI-driven applications expand beyond pure text generation and answers, many have become multimodal, which ...
Autonomous AI-powered software testing tool TestSprite announces early access
TestSprite Inc., a platform that offers end-to-end software testing using fully autonomous artificial intelligence, today announced early access to its platform today. The company’s platform provides an AI-powered quality assurance solution that fully automates the process of testing back-end and front-end systems with minimal input from the user by using the context of the services, ...