Richard Socher’s new AI lab has just made an unusual bet with its money. Recursive has committed about $410m to a single, multi-year cloud contract with Amazon Web Services. That is roughly two-thirds of everything it has raised. The company left steal…
groundcover, an observability startup that keeps customers’ monitoring data inside their own cloud, has raised $100 million in a Series C round. The financing was led by the growth investor One Peak, with Morgan Stanley Expansion Capital and existing b…
The startup, whose agents negotiate and pay across procurement for the likes of Unilever and Pfizer, is betting enterprises want software that acts, not software that suggests. Freehand, a startup whose AI agents take over the grunt work of managing wh…
The enterprise AI market is moving into a new phase. As companies shift from experimenting with individual AI applications to deploying agents across business operations, the challenge is increasingly less about giving models access to information and …
Andrew Ng helped give the AI industry its vocabulary, from “AI is the new electricity” to “agentic AI.” His new company bets against the phrase everyone else is using: that AI will take your job. Ng has founded LearnVector, an AI-native learning startu…
Bending Spoons has agreed a €500m loan facility guaranteed by the Italian state. The guarantee comes from SACE, Italy’s export credit agency, which is wholly owned by the Ministry of Economy and Finance. HSBC Continental Europe, Intesa Sanpaolo and BPE…
Epitel has raised $26m in a Series B round to expand a wireless EEG system that patients wear at home. Catalyst Health Ventures and Genoa Ventures co-led the round. The Salt Lake City company says it will spend the money on sales, marketing and distrib…
Nvidia is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, Bloomberg reported, accelerating a pattern of investment that critics say inflates demand and valuations across the sector. The response from the de…
Artificial intelligence is reshaping cybersecurity at a pace that many security operations centers were never designed to handle. While organizations are embracing AI to improve efficiency, attackers are also using the technology to increase the speed,…
The London startup is buying independent lettings firms and folding them onto an AI platform, with EQT Growth leading the equity and Trinity Capital supplying the debt. The UK lettings business still runs on phone calls, paperwork, and the slow choreog…