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AI

Latent Labs raises $50M to develop new proteins with AI

By Maria Deutscher Feb 13, 2025

Latent Labs Inc., an artificial intelligence startup focused on the healthcare sector, launched today with $50 million in initial funding. Radical Ventures and Sofinnova Partners jointly led the investment. They were joined by more…

Security

CyberArk acquires user access management provider Zilla for $175M

By Maria Deutscher Feb 13, 2025

CyberArk Software Ltd. has acquired Zilla Security Inc., a startup that helps enterprises manage employee access to internal applications. The companies announced the deal today. CyberArk, a publicly traded provider of cybersecurity software, will…

Security

The Cyber Resiliency Summit returns with new insights: Catch the encore presentation Feb. 18

By Victoria Gayton Feb 13, 2025

Cyber threats aren’t just increasing; they’re evolving at an alarming rate. Artificial intelligence is fueling an arms race in cyber resilience, with enterprises scrambling to defend their systems while attackers leverage automation and machine…

AI

SpotDraft raises $54M to help legal teams manage contracts with AI

By Kyt Dotson Feb 13, 2025

SpotDraft, which makes an artificial intelligence-powered platform for contract lifecycle management, announced Wednesday it has raised $54 million in a Series B funding led by Vertex Growth and Trident Partners. The company provides a…

AI

From hurdles to high-impact AI: How Nutanix is clearing the path for enterprise adoption

By Victoria Gayton Feb 13, 2025

Hybrid enterprise AI has emerged as a cornerstone for enterprises looking to balance on-premises and cloud-based deployments. As artificial intelligence shifts from a future ambition to a present-day imperative, organizations demand more accessible, adaptable…

Emerging Tech

AI-powered humanoid robotics company Apptronik raises $350M

By Kyt Dotson Feb 13, 2025

Apptronik Inc., the maker of artificial intelligence-powered humanoid robots, today announced it has raised an early-stage $350 million funding round to advance the development of its next-generation robot Apollo. The Series A round was…

Infra

EnCharge raises $100M to accelerate the rollout of its energy-efficient edge AI chips

By Mike Wheatley Feb 13, 2025

A specialist artificial intelligence chipmaker called EnCharge AI Inc. said today it has closed on a more than $100 million Series B round of funding, bringing its total amount raised to date to more…

Cloud

SAP announces Databricks partnership to power AI with Business Data Cloud

By Kyt Dotson Feb 13, 2025

Enterprise software giant SAP SE today debuted the Business Data Cloud, a new data solution that unifies all SAP data and third-party data throughout an organization to provide a foundation for insights and artificial…

Cloud

Cloud storage optimization startup Lucidity raises $21M

By Mike Wheatley Feb 12, 2025

Lucidity.cloud Ltd., an Indian startup that helps automate multicloud storage management, said today it has raised $21 million in an early-stage funding round, following rapid growth over the last year. Today’s Series A round…

AI

Report says companies ‘playing with fire’ as AI chatbots fail when trying to summarize news

By James Farrell Feb 12, 2025

Four of the major artificial intelligence chatbots presented “significant inaccuracies” when they summarized news stories, according to a report issued this week by the BBC. This comes a month after Apple Inc. suspended its…

all stories

Latent Labs raises $50M to develop new proteins with AI

CyberArk acquires user access management provider Zilla for $175M

The Cyber Resiliency Summit returns with new insights: Catch the encore presentation Feb. 18

SpotDraft raises $54M to help legal teams manage contracts with AI

From hurdles to high-impact AI: How Nutanix is clearing the path for enterprise adoption

AI-powered humanoid robotics company Apptronik raises $350M

SAP announces Databricks partnership to power AI with Business Data Cloud

Report says companies ‘playing with fire’ as AI chatbots fail when trying to summarize news

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