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Quantinuum Ltd., an integrated quantum computing company majority-owned by Honeywell International Inc., announced today it has raised $600 million in equity capital to advance and scale up its cutting-edge trapped-ion quantum computer technology stack. The raise brings the firm to $10 billion …
Ketryx raises $39M to help medical device makers ship safer products faster
Ketryx Corp., a company transforming product lifecycle development and compliance for medical device makers with artificial intelligence, today announced it has raised $39 million in a Series B funding round led by Transformation Capital. The round brings Ketryx’s total funding to more …
Crypto startup Utila raises $22M to build institutional stablecoin infrastructure
Digital asset management startup Utila Inc. today announced that it raised $22 million in a Series A extension round as the institutional demand for cryptocurrency known as stablecoins continues to rise. In the past year, stablecoins have caught the attention of the …
HappyRobot secures $44M to automate supply chain communications with AI agents
San Francisco-based HappyRobot Inc., an artificial intelligence startup that automates communication tasks for supply chain operators, today announced it has raised $44 million to scale out its AI agent platform that it says will assist management for global trade. Base10 Partners led …
Intella raises $12.5M to scale its Arabic speech intelligence platform
Intella, a provider of Arabic language artificial intelligence speech tools, including transcription and analysis, today announced it raised $12.5 million in an oversubscribed early-stage funding round to scale up its platform and increase market outreach. The Series A round was led by …
Elon Musk’s xAI releases agentic coding model aimed at high speed and affordability
Elon Musk’s xAI Holdings Corp. has released grok-code-fast-1, a dedicated agentic coding artificial intelligence model that is extremely speedy and designed to strike a “compelling balance between performance and cost.” In a market that is quickly becoming cluttered with models offering coding capabilities, …
M0 raises $40M to build custom ‘universal stablecoin’ infrastructure for developers
M0 Foundation, a platform building infrastructure for crypto apps and protocols to create application-specific stablecoins, today announced it has raised $40 million in early funding to allow developers to deploy custom digital currencies. Polychain Capital, Ribbit Capital and the Endeavor Catalyst led …
Professional website design platform Framer raises $100M at $2B valuation
Amsterdam-based professional website design platform Framer Inc. today announced it has raised $100 million in a late-stage funding at a $2 billion valuation. The Series D funding round was led by the company’s existing investors Meritech and Atomico. As a website builder, …
Anthropic settles high-profile class action lawsuit alleging copyright infringement
Artificial intelligence startup Anthropic PBC said in a court filing on Tuesday that it reached a resolution in a class action lawsuit with a group of prominent United States authors, marking a turning point in one of the most significant AI copyright …
Anthropic pilots experimental Claude AI plugin that can take control of Chrome
Anthropic PBC, the startup developing the Claude generative artificial intelligence model family, announced the pilot of a browser extension on Tuesday that lets its AI model take control of users’ Google Chrome. The experimental browser-using capability, called Claude for Chrome, will be …