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AMD-based AI cloud platform TensorWave raises $43M to increase data center capacity
TensorWave Inc., an artificial intelligence GPU cloud delivery platform aimed at delivering an alternative to Nvidia Corp.’s market dominance using Advanced Micro Devices Inc. chips, said today it has raised $43 million in a so-called “simple agreement for future equity” investment round. The round was led by Nexus VP with participation from Maverick Capital, Translink ...
Metaverse platform Infinite Reality acquires extended reality firm Zappar for $45M
Infinite Reality Inc., a metaverse company that builds and powers virtual reality e-commerce and immersive digital media experiences, said today that it has acquired London-based extended reality platform and creative studio Zappar Ltd. Infinite Reality said it paid $45 million in a deal that will bring Zappar’s advanced products under the company’s umbrella. The aim ...
3Laws nabs $4.1M in seed funding to make autonomous robots safer to operate
3Laws Robotics Inc., a company that makes safety solutions for autonomous robotics systems, today announced it has raised $4.1 million in seed funding led by TenOneTen with participation from the Amazon Industrial Innovation Fund. The company’s technology was originally developed at the California Institute of Technology and supported by a deep collaboration of industry leaders ...
Submer raises $55.5M to scale sustainable immersion cooling for AI and data center servers
Cooling specialist firm Submer today announced it has raised $55.5 million in new funding to scale up its sustainable liquid cooling solutions for data centers, aiming to address the artificial intelligence revolution’s growing problem of keeping servers from melting down. Existing investors Planet First Partners and Norrsken VC joined the Series C funding round, which ...
Harmonic Security raises $17.5M to protect sensitive data from leaking during AI use
Harmonic Security Inc., a San Francisco-based company that provides artificial intelligence capabilities for enterprise data protection, announced today it has raised $17.5 million in early-stage funding. The Series A round was led by Next47 and brought the company’s total raised to more than $26 million, including $7 million during the company’s seed round led by ...
Autonomous warehouse robotics platform company Dexory raises $80M
Dexory Ltd., a U.K.-based startup that builds ultra-tall robots to help warehouses efficiently inventory goods, announced Tuesday it has raised $80 million in new funding led by DTCP. The Series B funding round, comprised of a mix of equity and growth debt, attracted participation from additional investors Latitude Ventures, Wave-X and Bootstrap Europe, along with ...
Google brings new AI features to ChromeOS and announces two new Chromebook models
Google LLC today announced the launch of two new Chromebook models and artificial intelligence features, powered by Gemini, coming to the company’s lightweight laptop’s ChromeOS. Beginning this month all Chromebooks will now feature chat with Gemini, which provides access to Google’s most powerful AI chatbot large language model capable of answering questions, summarizing web pages and doing ...
Moveworks rolls out automation platform for building AI agents
Moveworks Inc., a generative artificial intelligence copilot for enterprise employee support, today announced the launch of Agentic Automation, an automation platform that enables developers to create powerful AI agents. AI agents are automation tools that can intelligently perform specific or complex tasks without human intervention. Enterprise organizations also use AI agents to answer questions and ...
Study: Even as larger AI models improve, answering more questions leads to more wrong answers
A recent study published by Nature says newer, bigger versions of the three major artificial intelligence chatbots may be more likely to generate wrong answers than claim that they don’t know. Although more refined and bigger large language models that use more data and more complex reasoning and fine-tuning proved to be better at giving ...
DeepOpinion raises €11 million to assist enterprise businesses with AI agents
DeepOpinion, an Innsbruck, Austria-based company specializing in building artificial intelligence agents to automate business tasks, said today it has raised €11 million, or $12.2 million, in early-stage funding. Co-led by led by Red River West and Alpha Intelligence Capital, the Series A round was also joined by the company’s existing investors Lunar Ventures and Stride VC. ...