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ChainOpera AI raises $17M to build blockchain network for AI agents and apps
ChainOpera Inc., a blockchain company building a decentralized network and artificial intelligence operating system to accelerate AI development, said Wednesday it has raised $17 million in seed funding led by Finality Capital, Road Capital and IDG Capital. Notable investors also participating in the round including Camford VC, ABCDE Capital, Amber Group, Modular Capital, Sparkle Ventures, ...
Alibaba announces advanced experimental visual reasoning QVQ-72B AI model
Alibaba Cloud, the cloud computing arm of China Alibaba Group Ltd., has unveiled QVQ-72B-Preview, an experimental open-source artificial intelligence model capable of reviewing images and drawing conclusions. The company said Wednesday that early benchmarks showed the model displayed promising capabilities at visual reasoning by solving problems by thinking them through step by step similar to ...
Netflix files suit against Broadcom over VMware virtual machine patents
Video streaming giant Netflix Inc. is suing Broadcom Inc. over virtual machine patents owned by the company’s subsidiary VMware Inc. According to the lawsuit filed with a California federal court by Netflix Monday, the company said VMware’s cloud software infringes on five patents related to virtual machines. Three of the patents Netflix said VMware infringes ...
No-code industrial project software startup Sitemate raises $27.5M
Sitemate Services Pty Ltd., a company creating no code software tools, today announced it has raised $27.5 million in early-stage funding to assist what it calls “built world” companies in construction, energy, mining and more with project management. The company’s Series A funding round was led by Blackbird, with participation from existing investors Shearwater Capital and ...
Avalon Labs raises $10M to grow its bitcoin-based stablecoin
Avalon Labs, the developer of a stablecoin built atop the bitcoin blockchain, announced today it has raised $10 million in a new early-stage funding round to grow its decentralized finance capabilities and cryptocurrency. The Series A round was led by Framework Ventures with participation from UTXO Management, Presto Labs and Kenetic Capital among others. The bitcoin ...
BlueQubit raises $10M to provide quantum computing access to enterprises
BlueQubit Inc., a San Francisco-based quantum software startup, announced Thursday it has raised $10 million in seed funding to expand its platform and bridge the gap between the technology and real-world applications. Nyca Partners led the round with participation from Restive, Chaac Ventures, Presto Tech Horizons, NKM Capital and BigStory VC. Founded by Stanford alumni ...
Patronus AI releases Glider: a small, high-performance AI evaluator model for other models
Patronus AI Inc., a startup that builds tools for companies to detect and fix reliability issues in their large language artificial intelligence models, today announced the launch of a small but mighty AI model that can evaluate and judge the accuracy of much larger models. The company calls its model Glider, a 3.8 billion parameter ...
Smart ring startup Oura nabs $200M at $5.2B valuation
Oura Health Oy, the maker of health-tracking smart device Oura Ring, said today it has raised $200 million in a new late-stage funding, doubling its valuation since 2022 to $5.2 billion. Fidelity Management & Research Co. and DexCom Inc., a global leader in the development of glucose monitoring sensors, participated in the Series D round. ...
AI copilot for game devs Coplay raises $1.2M
Coplay, an artificial intelligence copilot for game developers, said today it has raised $1.2 million in pre-seed funding to build its game development AI assistant. Failup Ventures led the round, with participation from Tower Research Ventures, Founders Inc., Sequoia Scouts and other investors. Game development can be a tedious task for software engineers, who must ...
SandboxAQ raises $300M at $5.6B valuation to develop AI and quantum technology
SandboxAQ, a company that develops artificial intelligence and quantum sensing technology, announced today that it has raised more than $300 million in new funding at a valuation of more than $5.6 billion to accelerate the development of specialized AI models. Investors participating in the round included former Google Chief Executive Eric Schmidt, Salesforce Inc. founder ...