Kyt Dotson
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Microsoft Corp. announced a set of autonomous artificial intelligence agents for Dynamics 365 aimed at business users today during the company’s AI Tour in London. The company also said the ability to create AI agents with Copilot Studio will be in public preview …
Terray Therapeutics rakes in $120M for AI-powered small-molecule drug development
Terray Therapeutics, a biotechnology company using artificial intelligence to accelerate the development of small-molecule drugs, said today it has raised $120 million in a Series B fundraise to enhance its AI platform. New investor Bedford Ridge Capital and existing investor NVentures, Nvidia Corp.’s …
Data science and AI development platform Zerve raises $7.6M
Ireland-based Zerve AI Ltd., a data science and artificial intelligence development platform, said today it has raised $7.6 million in a seed round to help data scientists and engineers collaborate faster. The round was led by Paladin Capital Group, with participation from …
Mistral introduces Ministral 3B and 8B AI computing models for phones and laptops
Mistral AI, a Paris-based artificial intelligence startup, today introduced two new AI large language models, Ministral 3B and 8B, designed for on-device and edge computing thanks to their small size. The company called this new model family “les Ministraux,” for its rating …
Blockstream raises $210M to boost bitcoin blockchain layer 2 scaling technology
Bitcoin and blockchain infrastructure company Blockstream Corp Inc., said Tuesday it has raised $210 million in new funding led by Fulgur Ventures. The company said the funds will be used to expand the development and adoption of the company’s bitcoin layer 2 …
Lightmatter raises $400M at $4.4B valuation for next-gen photonic data center networking
Lightmatter Inc., a startup building photonic supercomputing products, today announced it has raised $400 million in a late-stage round, raising the company’s valuation to $4.4 billion. The Series D round was led by T. Rowe Price Associates and joined by existing investors, …
Tableau Software updates data visualization and cloud analytics management
Salesforce Inc.’s data visualization platform Tableau Software today introduced a major update that includes further extensions to its visualization capabilities and also promises to help organizations administer, create and scale analytics in the cloud. The new updates, announced today with the Tableau …
AI observability firm Galileo raises $45M to improve AI model accuracy
Galileo Technologies Inc., an enterprise artificial intelligence observability and evaluation platform provider, today announced it has raised $45 million in new funding. The Series B round was led by Scale Venture Partners to help companies build trustworthy AI platforms. Databricks Ventures, Premji Invest, …
Tenable brings intelligent data and AI resource security risk management to the cloud
Network security company Tenable Inc. today added security posture management capabilities for data and artificial intelligence solutions to the company’s Tenable Cloud Security platform that will reduce customer risk of exposure to misconfigurations and vulnerabilities. The company’s Cloud Security service helps companies discover …
CoreWeave lands $650M credit line for AI cloud-computing expansion
CoreWeave Inc., a cloud provider of graphics cards for artificial intelligence workloads, said today that it has added a $650 million credit line led by major investment firms to scale its global operations. JPMorgan Chase, Goldman Sachs and Morgan Stanley led the …