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Innovaccer nabs $275M to build out AI healthcare cloud
Healthcare cloud and artificial intelligence company Innovaccer Inc. said it has raised $275 million today in a late-stage funding to scale its cloud and AI capabilities and enhance copilot offerings for healthcare professionals. The Series F funding round attracted investments from Kaiser Permanente, Phoenix-based Banner Health, Microsoft venture capital firm M12 Ventures and Danaher Ventures. To date, ...
Xocean raises $119M to expand ocean data platform
Xocean, which provides ocean data services for offshore energy and civil hydrography industries, today announced it has raised €115 million, about $119 million, in new funding to drive the company’s expansion across the globe. Founded in Ireland in 2017, Xocean uses a fleet of unmanned, remotely operated watercraft known as “uncrewed surface vessels” to scan ...
Story, Stability AI collaborate to help creators make money from their work in the AI ecosystem
Story, a blockchain network that tracks intellectual property ownership, today announced a collaboration with artificial intelligence model developer Stability AI Ltd. that will allow contributors – creators, developers and artists – to address the challenge of attributing, tracking and making money from creative work generated through AI. Originally named Story Protocol, Story has raised over ...
Movement Labs layer 2 Ethereum blockchain reportedly seeks $100M raise at $3B valuation
Movement Labs, the developer of a layer 2 blockchain for Ethereum based on Facebook’s Move language virtual machine, is reportedly raising $100 million in a Series B round that will value the company at about $3 billion. Citing multiple sources, Fortune and Reuters reported today that the round would be co-led by CoinFund and Nova ...
Gemini crypto exchange agrees to pay $5M settlement to CFTC
The Gemini Trust Co. LLC, the New York-based cryptocurrency exchange founded by the Winklevoss twins in 2014, has agreed to pay a $5 million civil penalty to settle a lawsuit filed by the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made about how easily the price of bitcoin futures could be manipulated. ...
Getty announces plans to merge with Shutterstock in $3.7B deal
Visual media giants Getty Images Holdings Inc. and Shutterstock Inc. today announced a deal to merge into a single visual content company with a value of about $3.7 billion. The combined company will retain the Getty Images name and offer a content library that merges the portfolios of both firms including imagery, video, music, 3D ...
Nvidia launches new AI development tools for autonomous robots and vehicles
Nvidia Corp. today announced the launch of new tools that will advance the development of physical artificial intelligence models, such as models that power self-driving cars, warehouse and humanoid robots. World foundation models, or WFMs, assist engineers and developers by generating and simulating virtual worlds as well as their physical interactions so that robots can ...
Digital Edge raises $1.6B to fund Asian data center expansion
Digital Edge Holdings Pte Ltd., a hyperscale data center developer and operator backed by private equity firm Stonepeak Infrastructure Partners, today announced it has secured over $1.6 billion to fund an expansion across Asia. The company said the capital will include about $640 million of equity from existing and new investors and included $1 billion ...
Rembrand raises $23M for AI-powered product placement in videos
Artificial intelligence media company Rembrand, which uses AI-powered technology to place virtual objects in video content for brand marketing, said today it has raised $23 million in new funding to expand from social media into connected TV formats. The Series A funding round was led by super{set} with participation from The Trade Desk and Naver ...
Axonator launches no-code platform to help businesses create custom apps
Axonator Inc., the developer of a platform that allows companies to build custom mobile applications for automating workflows, today announced it has launched what it calls a “DIY” platform for nontechnical users to create apps. The company said the no-code platform includes a user-friendly, intuitive drag-and-drop builder allowing businesses to create their own mobile apps, ...