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Uniswap Labs, the developer behind the most popular decentralized cryptocurrency exchange, today announced the launch of its own application-specific layer 2 blockchain network, Unichain. The company said the new blockchain network is geared toward helping build a scaling solution for Ethereum, a …
ApertureData raises $8.5M for multimodal AI database
California-based ApertureData Inc., the developer of a purpose-built database for artificial intelligence multimodal large language models, today announced it has raised $8.25 million. The seed round was led by TQ Ventures with participation from Westwave Capital and Interwoven Ventures. As more AI-driven …
Autonomous AI-powered software testing tool TestSprite announces early access
TestSprite Inc., a platform that offers end-to-end software testing using fully autonomous artificial intelligence, today announced early access to its platform today. The company’s platform provides an AI-powered quality assurance solution that fully automates the process of testing back-end and front-end systems …
AI startup Basecamp raises $60M to scale research of proteins for ‘programmable’ next-gen meds
Basecamp Research, a biotechnology company that uses artificial intelligence to discover novel proteins and to help create new medicines, said today it has completed a $60 million round and joined a multiyear collaboration with the Broad Institute of Massachusetts Institute of Technology …
Writer releases Palmyra X 004 next-gen generative AI model with tool calling capability
Enterprise-focused generative artificial intelligence startup Writer Inc. today announced the introduction of Palmyra X 004, the company’s newest proprietary large language model designed to power AI applications and autonomous agents. To train the new model, the company used synthetic data, which it says …
Atlassian announces general availability for Rovo generative AI assistant
Atlassian Corp. Plc. today announced the general availability of its new generative artificial intelligence assistant Rovo. The knowledge discovery product for enterprise customers can extract data from a company’s internal tools, help find information stored in them and act on it. The company announced …
Legal document AI startup EvenUp raises $135M at $1B valuation
EvenUp Inc., a startup that provides artificial intelligence services for personal-injury document generation, today announced it raised $135 million in a late-stage round valuing the company at more than $1 billion. Bain Capital Ventures led the Series D funding round, which brought …
AMD-based AI cloud platform TensorWave raises $43M to increase data center capacity
TensorWave Inc., an artificial intelligence GPU cloud delivery platform aimed at delivering an alternative to Nvidia Corp.’s market dominance using Advanced Micro Devices Inc. chips, said today it has raised $43 million in a so-called “simple agreement for future equity” investment round. …
Metaverse platform Infinite Reality acquires extended reality firm Zappar for $45M
Infinite Reality Inc., a metaverse company that builds and powers virtual reality e-commerce and immersive digital media experiences, said today that it has acquired London-based extended reality platform and creative studio Zappar Ltd. Infinite Reality said it paid $45 million in a …
3Laws nabs $4.1M in seed funding to make autonomous robots safer to operate
3Laws Robotics Inc., a company that makes safety solutions for autonomous robotics systems, today announced it has raised $4.1 million in seed funding led by TenOneTen with participation from the Amazon Industrial Innovation Fund. The company’s technology was originally developed at the …