Kyt Dotson
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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 …
Bioptimus raises $41M to build ‘GPT for biology’
Bioptimus, a French artificial intelligence model startup, said today it has raised $41 million that will go toward building what it says will be the world’s first universal AI foundation model for biology research. The round was led by Cathay Innovation with participation …
Orchid Security rakes in $36M to simplify enterprise identity security with LLMs
Orchid Security Inc., a cybersecurity startup that uses artificial intelligence to streamline identity security orchestration, said today it has raised $36 million in seed funding to build on its work using large language models to help enterprise businesses manage their cybersecurity posture. Orchid …
Crypto analysis firm Chainalysis acquires AI-powered fraud detection startup Alterya for $150M
Blockchain analysis giant Chainalysis Inc. said today that it has acquired the Israeli startup Alterya Inc., which develops an artificial intelligence detection solution to beat financial scammers and fraudsters. Although the two companies did not disclose the details of the acquisition, sources familiar …
Qventus raises $105M to alleviate burdens on healthcare staff with AI
Artificial intelligence-based health system provider Qventus Inc. today announced it has raised $105 million in a late-stage funding led by global investment firm KRR. The company plans to use the funds to expand its product portfolio that automates work for care workers …
Linux Foundation launches initiative to support Chromium-based browsers
The Linux Foundation launched a new initiative Thursday that will fund the ongoing high-quality, open development and enhancement of projects within the Chromium web-browser project ecosystem. The foundation, a nonprofit that supports open-source projects, said the Supporters of Chromium-Based Browsers initiative aims …
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 …
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 …
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 …
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 …