Kyt Dotson
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Cryptocurrency wallet provider Phantom Technologies Inc. has raised $150 million in a new funding at a $3 billion valuation. The Series C round was led by Sequoia Capital and Paradigm. Andreessen Horowitz’s a16z crypto venture capital arm and Variant also participated in the …
AI firm iGenius introduces Nvidia-powered LLM for highly regulated industries
Italian artificial intelligence startup iGenius Inc. announced today the launch of Colosseum 355B, its new state-of-the-art foundation large language model designed for highly regulated industries to provide businesses the confidence that their data won’t be compromised. IGenius specializes in AI for enterprises …
Legal AI startup Eve raises $47M to help law firms become AI-native
Eve, a platform providing a legal AI platform for plaintiff law firms, said today it raised $47 million in early-stage funding. Today’s Series A financing, led by Andreessen Horowitz with participation from Lightspeed Venture Partners and Menlo Ventures, brings the total raised by Eve …
Nvidia releases microservices to safeguard AI agents
Nvidia Corp. today announced today the release of new Nvidia Inference Microservices aimed at helping enterprise organizations develop artificial intelligence agents to address issues of trust, security and safety. AI agents are a blossoming technology that is beginning to revolutionize how people …
AI video platform Synthesia raises $180M, doubling valuation to $2.1B
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 …