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Quantum Circuits raises $60M to build scalable error-correcting quantum platform
Quantum Circuits Inc., a spinout from Yale University building a novel quantum computing platform, today announced it has raised more than $60 million in an early-stage funding round that will allow the company to commercialize its scalable solution with built-in error correction. The Series B investment was led by ARCH Venture Partners, F-Prime Capital, Sequoia ...
Decentralized AI network Sahara raises $43M to tackle copyright and transparency in training data
Sahara AI Ltd., a startup building a decentralized platform for artificial intelligence data using blockchain technology, today announced it has raised $43 million in early-stage funding co-led by Pantera Capital, Binance Labs and Polychain Capital. The Series A funding round also attracted investments from Samsung, Alumni Ventures, Sequoia Capital, Matrix Partners, dao5, Geekcartel, Nomad Capital, ...
GitHub rolls out AI-powered Autofix Copilot to catch and fix vulnerabilities in code
In a “move fast and break things” world, Microsoft Corp.’s GitHub today announced the launch of a new way, using artificial intelligence, to move fast while fixing problems during software development before they become bigger issues down the line. The company said Autofix Copilot, an AI-powered vulnerability remediation tool in GitHub Advanced Security, is now ...
Anthropic speeds up its AI model access times with prompt caching
Artificial intelligence startup Anthropic PBC, the creator of the generative AI chatbot Claude, today announced the launch of prompt caching, a new feature that improves the response times of AI its large language models by allowing developers to pass them longer, more detailed prompts. Traditionally, AI engineers must build complex “prompts” or natural language data ...
Google announces new lineup of AI-powered Pixel 9 phones, Pixel Watch 3 and more
Google LLC today announced its new family of Pixel 9 smartphones, along with the Pixel 9 Pro Fold, powered by a new AI-focused chip, that feature the company’s artificial intelligence Gemini family of models to enhance apps and experiences. The company also unveiled the new Pixel Watch 3 and Pixel Buds Pro 2 at its ...
Universal Music Group, Meta expand license agreement covering AI, music revenue and more
Universal Music Group and Facebook parent company Meta Platforms Inc. signed an expanded, global multiyear agreement today that’s intended to bring more opportunities for monetization to UMG artists and songwriters across Meta’s social media platforms. Although the terms of the deal were not disclosed in today’s announcement, the two companies said that the impetus behind ...
AI platform startup DevRev raises $100M at $1.15B valuation
DevRev Inc., an artificial intelligence platform that helps bridge the gap between developers and customers, today announced it has raised a hefty $100.8 million early-stage funding round, bringing its valuation to $1.15 billion. Khosla Ventures and Mayfield Fund participated in the Series A round alongside other investors. This funding round brings the total raised by the ...
Automation platform startup Rewst raises $45M led by Sapphire Ventures
Rewst Inc., the provider of an automation platform for managed service providers, announced Thursday that it has raised $45 million in fresh funding led by Sapphire Ventures. Existing investors Meritech Capital and OpenView also participated in the round. The fundraise brings the total capital raised by Rewst to date to $104 million. Managed service providers remotely ...
Box acquires AI-powered document processor Alphamoon
Cloud content management company Box Inc. today announced the acquisition of the artificial intelligence-powered document processing technology of Alphamoon in a move aimed at bolstering the company’s AI strategy. Box did not disclose the terms of the acquisition but said it will allow the company to expand the capabilities of its Box Intelligent Content Cloud ...
SoundHound acquires Amelia for $80M to expand its conversational voice AI solutions
SoundHound AI Inc. today announced a deal to acquire Amelia US LLC, an enterprise conversational artificial intelligence agent company, to expand its conversational and voice AI solutions for commerce. SoundHound has developed technologies for voice AI that understand natural speech and allow people to interface with technology such as vehicles, services, devices and apps. It also ...