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AI

Amazon invests $2.75B more in OpenAI competitor Anthropic

By Maria Deutscher Mar 27, 2024

Amazon.com Inc. has invested $2.75 billion in Anthropic PBC, a startup with a large language model that can outperform GPT-4 across multiple task categories. The companies announced the deal today. Amazon provided the capital…

Security

Google reports a significant surge in zero-day vulnerabilities in 2023

By Duncan Riley Mar 27, 2024

A new report released today by Google LLC’s Threat Analysis Group and Google-owned Mandiant warns that zero-day exploits have become more common amid a rise in nation-state hackers. The report, “We’re All in this Together:…

Emerging Tech

Optical interconnect developer Celestial AI raises $175M in fresh funding

By Maria Deutscher Mar 27, 2024

Celestial AI Inc., a startup that develops optical technology for linking together processors and memory modules, has secured $175 million in new funding. The announcement of the Series C round today comes shortly after…

Apps

Grammarly’s strategic suggestions launch signals the company is far more than an editing solution

By Shelly Kramer Mar 27, 2024

Grammarly’s strategic suggestions launch this week is a clear signal the company is about infinitely more than simply editing content, evolving from an editing aide to providing situational and goal-oriented communication assistance. As the…

Cloud

Observe nabs $115M for its AI-powered observability platform

By Maria Deutscher Mar 27, 2024

Observe Inc., the developer of an application observability platform with a built-in chatbot, today disclosed that it has closed a $115 million investment led by Sutter Hill Ventures. Snowflake Ventures participated as well along…

Apps

Viam, a cloud-based platform for smart machines and robotics, raises $45M

By Kyt Dotson Mar 27, 2024

Viam Inc., an open-source cloud-based software platform that manages data for smart machines, announced Tuesday it has raised $45 million in new funding to expand its enterprise partnerships and deepen its developer ecosystem. The Series B…

AI

ValidMind raises $8.1M to streamline AI model risk management processes

By Mike Wheatley Mar 27, 2024

Artificial intelligence model risk management startup ValidMind Inc. said today it has closed on an $8.1 million seed funding round that will be used to advance its go-to-market plans. Today’s round was led by…

AI

PeakMetrics and Reality Defender partner to combat digital deception and deepfakes at scale

By Duncan Riley Mar 27, 2024

“Narrative intelligence” company PeakMetrics Inc. today announced a new partnership with deepfake and artificial intelligence-generated media detection platform startup Reality Defender Inc. to combat digital deception and deepfakes at scale. The partnership will leverage…

AI

Databricks open-sources its own large language model, DBRX

By Paul Gillin Mar 27, 2024

Databricks Inc. today launched DBRX, a general-purpose large language model that it says outperforms all existing open-source models — and some proprietary ones — on standard benchmarks. The company said it’s open-sourcing the model to…

Security

Flashpoint report warns organizations to adapt rapidly amid increases in data breaches

By Duncan Riley Mar 27, 2024

A new report released today by business risk intelligence startup Flashpoint warns that organizations must adapt to a rapidly evolving threat landscape, one marked by significant increases in data breaches, vulnerabilities and ransomware attacks. The 2024…

all stories

Amazon invests $2.75B more in OpenAI competitor Anthropic

Google reports a significant surge in zero-day vulnerabilities in 2023

Optical interconnect developer Celestial AI raises $175M in fresh funding

Grammarly’s strategic suggestions launch signals the company is far more than an editing solution

Observe nabs $115M for its AI-powered observability platform

Viam, a cloud-based platform for smart machines and robotics, raises $45M

ValidMind raises $8.1M to streamline AI model risk management processes

PeakMetrics and Reality Defender partner to combat digital deception and deepfakes at scale

Databricks open-sources its own large language model, DBRX

Flashpoint report warns organizations to adapt rapidly amid increases in data breaches

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