Sawmills Launches AI Platform to Cut Observability Costs
Sawmills has emerged from stealth with $10 million in seed funding to address rising observability costs using AI, announced in a press release.
February 19, 2025
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Gomboc AI Secures $13M to Enhance Cloud Security with Deterministic AI
Gomboc AI has raised $13 million in seed funding to advance its deterministic AI solution for cloud security remediations, announced in a press release.
February 19, 2025
Inspired Thinking Group Acquires PureRed to Expand in North America
Inspired Thinking Group (ITG) has acquired PureRed, a US-based omnichannel content provider, to enhance its AI-enabled content solutions and expand its presence in North America.
February 19, 2025
Guidde Secures $15M to Enhance AI-Powered Video Training Platform
Guidde has raised $15 million in a Series A funding round led by Qualcomm Ventures to expand its AI-driven video training platform, Guidde Broadcast.
February 19, 2025
LexisNexis Risk Solutions Acquires IDVerse to Enhance AI-Powered Fraud Detection
LexisNexis Risk Solutions has completed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions, as announced in a press release. This acquisition aims to expand LexisNexis' capabilities in risk and fraud solutions.
February 19, 2025
Glassbox Secures $1.2M to Revolutionize AI Financial Modeling
Toronto-based fintech startup Glassbox has raised $1.2 million in pre-seed funding to transform financial modeling with AI, announced in a press release. The funds will help expand their team and launch their AI-compatible platform.
February 19, 2025
Field AI Seeks $2 Billion Valuation with Nvidia's Backing
Field AI, a robotics startup supported by Nvidia, is in talks to raise several hundred million dollars at a $2 billion valuation, marking a significant increase from last year's $500 million valuation.
February 19, 2025
HP Acquires Humane's Assets, Discontinues AI Pin
HP has acquired most of Humane's assets for $116 million, leading to the discontinuation of Humane's AI Pin. The acquisition includes Humane's AI platform Cosmos and technical talent.
February 19, 2025
Valid Secures $5.5 Million to Revolutionize AI-Driven Advertising
Valid has raised $5.5 million in seed funding to develop an AI-enabled ad agency, according to a press release. The funding round was led by Canaan Partners with participation from Neo, J Ventures, and strategic investors.
February 18, 2025
Hightouch Secures $80M Series C to Enhance AI Marketing Tools
Hightouch has raised $80 million in a Series C funding round, valuing the company at $1.2 billion, to expand its AI Decisioning product for marketers.
February 18, 2025
MirrorTab Secures $8.5M to Enhance AI-Powered Browser Security
MirrorTab, a cybersecurity startup based in San Francisco, has raised $8.5 million in seed funding to advance its AI-powered browser protection technology, announced in a press release.
February 18, 2025
Singulr AI Secures $10M for AI Governance Platform
Singulr AI has launched its enterprise AI governance and security platform with $10 million in seed funding led by Nexus Venture Partners and Dell Technologies Capital.
February 18, 2025
Everstar Secures $4M to Enhance AI Nuclear Compliance Platform
Everstar has raised $4 million in pre-seed funding to advance its AI platform, Gordian, aimed at improving nuclear compliance processes.
February 18, 2025
OpenAI Considers Special Voting Rights to Block Hostile Takeovers
OpenAI is evaluating special voting rights for its nonprofit board to prevent hostile takeovers, including a recent bid from Elon Musk, according to Reuters.
February 18, 2025
Dream Secures $100M to Enhance AI Cybersecurity Solutions
Dream, an AI company focused on national cybersecurity, has raised $100 million in a Series B funding round led by Bain Capital Ventures, valuing the company at $1.1 billion.
February 18, 2025
Spyne Secures $16M Series A Funding to Expand AI Platform
Spyne, an AI-powered visual merchandising platform for the automotive industry, has raised $16 million in a Series A funding round led by Vertex Ventures. The funding will support Spyne's expansion in the U.S. and development of next-gen AI solutions.
February 18, 2025
Luminance Secures $75M to Expand Legal AI Platform
Luminance has raised $75 million in a Series C funding round led by Point72 Private Investments, bringing its total funding to $165 million. The investment will support the expansion of its AI-driven contract management solutions.
February 18, 2025
OpenAI Co-Founder Sutskever's Startup Valued Over $30 Billion
Ilya Sutskever, co-founder of OpenAI, is raising over $1 billion for his startup Safe Superintelligence, which is now valued at more than $30 billion.
February 18, 2025
Abridge Secures $250M Series D Funding and Launches AI Engine
Abridge has raised $250 million in Series D funding and introduced a new Contextual Reasoning Engine to enhance clinical workflows, announced in a press release.
February 17, 2025
Aramco's Wa'ed Ventures Invests in AI Cloud Startup Ori
Saudi Aramco's venture capital arm, Wa'ed Ventures, has invested in UK-based AI cloud startup Ori to establish a regional subsidiary in Riyadh.
February 17, 2025
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