Duncan Riley
Latest from Duncan Riley
“Engineering general intelligence” platform startup Foundation EGI revealed today that it has raised $23 million in new funding to accelerate its vision of turning manufacturing’s biggest bottlenecks into breakthroughs using domain-specific artificial intelligence. Foundation EGI became a standalone company in 2023 when …
MetTel partners with Check Point to launch enterprise mobile threat defense
Communications solutions provider MetTel Inc. today announced a new strategic partnership with Check Point Software Technologies Ltd. to deliver an advanced mobile threat defense solution for enterprise customers. The partnership sees the introduction of MetTel Mobile Threat Defense solution, a fully managed …
Abacus raises $6.6M to bring AI assistants to accounting firms
Agentic certified public accountant assistant startup Abacus AI Inc. announced today that it had raised $6.6 million in new funding to give CPAs “superpowers” by turning junior-level preparers into reviewers and bringing Big Four-level automation and efficiency to the entire CPA market. …
AI enterprise resource planning startup Nominal raises $20M for mid-market automation
Enterprise resource planning startup Nomimal Ltd. announced today that it has raised $20 million in new funding to fuel its mission to automate complex finance tasks for midmarket and enterprise companies using AI agents. Founded in 2023, Nominal offers an AI-powered automation …
AI infrastructure startup LangChain reportedly raises $100M at $1.1B valuation
Artificial intelligence infrastructure, developer tools, observability and workflow orchestration company LangChain Inc. has reportedly raised $100 million in new funding on a $1.1 billion valuation. The news that the company was raising a new round was first reported today by TechCrunch, with …
OpenAI set to release Chromium-based browser built around AI agent
OpenAI is reportedly close to releasing a browser that could potentially take on Google LLC’s market dominance with its Chrome browser, several months after the company said that it would be interested in buying Chrome from Google. According to Reuters, which references …
Fortinet report shows C-suite now owns operational technology cybersecurity
A new report released today by cybersecurity company Fortinet Inc. has found that operational technology cybersecurity is gaining significant attention at the executive level, with corporate leaders increasingly taking responsibility for OT security strategies. The new 2025 State of Operational Technology and …
Platform9 and Commvault team up to unify cloud-native and virtual machine data protection
Container management platform company Platform9 Systems Inc. today announced a new partnership with data protection provider Commvault Systems Inc. that includes full integration of Commvault with Platform9 Private Cloud Director for advanced data protection. Platform9’s Private Cloud Director is designed to give enterprises a …
Augmentus lands $11M to scale no-code robot programming
Singapore-based no-code robotics startups Augmentus Pte. Ltd. announced today that it has raised $11 million in new funding. It will use the funds to accelerate deployment of its fully autonomous robotic surface finishing and spraying systems, fulfill demand from manufacturing customers, and …
OpenAI tightens internal security amid fears of IP theft by Chinese AI rivals
OpenAI is reportedly upping its internal security to protect its intellectual property from corporate espionage amid claims that it has been targeted by Chinese artificial intelligence companies. According to the Financial Times, which references several unnamed people close to OpenAI today, the …