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Google announces new educational features for Chromebooks and Workspace
In a bid to bring more personalized learning experiences to educators and students, Google LLC said today it’s bringing more tools and features to Workspace for Education and its Chromebook laptops. Workspace for Education is a collection of tools for schools and universities to improve learning and collaboration. It includes cloud-based apps such as Gmail, ...
Stablecoin issuer Circle buys Hashnote crypto money-market fund manager
Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund with nearly $1.3 billion in assets. Circle said as part of the deal it will integrate USDC with Hashnote’s US Yield Coin, which allows investors ...
Delivery management platform Package.ai raises $14M for ‘Uber-like’ customer experience
Package.ai, a platform that provides artificial intelligence-based delivery for retail operations and customer service, said today it has raised $14 million in a early-stage funding round led by Susquehanna Growth Equity. Founded in 2017 in Tel Aviv, Package.ai delivers what it calls the “full package” for retail operations using AI-enabled tools by combining high-touch customer ...
AI-powered robotics startup Sereact raises €25 million
German artificial intelligence robotics startup Sereact GmBH today announced it raised €25 million, about $26 million, to accelerate the development of its AI models for robots and its robotics platform. The funding came from a Series A funding round led by Creandum, with participation from existing investors Point Nine and Air Street Capital. Founded in ...
In challenge to TikTok, Bluesky and X roll out dedicated vertical video feeds
Social media sites X Corp. and Bluesky have announced new dedicated vertical video feeds, similar to Instagram Reels, YouTube’s Shorts and TikTok videos. Both announcements came Sunday evening after TikTok went dark briefly late Saturday. The Chinese-owned social media service parent company ByteDance had taken it offline in accordance with an upcoming ban in the ...
Phantom cryptocurrency wallet raises $150M at $3B valuation
Cryptocurrency wallet provider Phantom Technologies Inc. has raised $150 million in a new funding at a $3 billion valuation. The Series C round was led by Sequoia Capital and Paradigm. Andreessen Horowitz’s a16z crypto venture capital arm and Variant also participated in the round, which was announced Wednesday. Crypto wallets are essential to the cryptocurrency industry because ...
AI firm iGenius introduces Nvidia-powered LLM for highly regulated industries
Italian artificial intelligence startup iGenius Inc. announced today the launch of Colosseum 355B, its new state-of-the-art foundation large language model designed for highly regulated industries to provide businesses the confidence that their data won’t be compromised. IGenius specializes in AI for enterprises working in highly regulated sectors, such as finance and public administration. The company ...
Legal AI startup Eve raises $47M to help law firms become AI-native
Eve, a platform providing a legal AI platform for plaintiff law firms, said today it raised $47 million in early-stage funding. Today’s Series A financing, led by Andreessen Horowitz with participation from Lightspeed Venture Partners and Menlo Ventures, brings the total raised by Eve to $61 million since the company’s seed funding round in 2023. Eve describes ...
Nvidia releases microservices to safeguard AI agents
Nvidia Corp. today announced today the release of new Nvidia Inference Microservices aimed at helping enterprise organizations develop artificial intelligence agents to address issues of trust, security and safety. AI agents are a blossoming technology that is beginning to revolutionize how people interact with computers, but they also come with several critical issues. Agentic AI ...
AI video platform Synthesia raises $180M, doubling valuation to $2.1B
Synthesia Ltd., the maker of a video platform that uses artificial intelligence to generate clips featuring human avatars, has raised $180 million in a late-stage round valuing the startup at $2.1 billion. The London-based company said today that the Series D funding was led by venture firm NEA, which more than doubled its valuation from ...