Pluto Security Inc., a provider of artificial intelligence security software, today announced that it has raised $42 million in financing. The company raised around a fifth of the sum through a seed round led by TLV Partners. The rest came in the form of a Series A investment led by Jump Capital. The latter deal … Read more
Sovereign AI control is becoming a business continuity issue as autonomous agents take over essential business operations. Part of the challenge is keeping data within national borders, but companies also need to have control over agent behavior, external dependencies and the economics of keeping these systems running. Regulated companies need more than just access to … Read more
American have major concerns about artificial intelligencebut that has OpenAI Inc., Nvidia Corp., IBM Corp. and not stopping others from moving forward. Last week saw shares of Nvidia, CoreWeave Inc., Oracle Corp. and Nebius Group NV declined after reporting that OpenAI’s annual net revenue was about $50 billion, about $20 billion lower than previously reported … Read more
Semiconductor industry giant Applied Materials Inc. today opened the doors to its Equipment and Process Innovation and Commercialization Center, a massive new $5 billion facility in Silicon Valley designed to enable the next wave of breakthroughs in the commercial chip manufacturing industry. The so-called new EPIC Center was built by Applied to provide the industry … Read more
Meta Platforms Inc. today released Muse Wonder and Muse Wonder Full, two artificial intelligence models that it says are the most capable to date of running agents that complete personal and professional tasks. Meta aimed the release at longer, multi-stage jobs that hand people off to an AI agent. An example of this was processing … Read more
Silicon Valley’s AI partner ecosystem is changing as companies move artificial intelligence projects from pilot to production. In the region where much of the AI stack is being invented, infrastructure providers are learning that selling to developers requires a different approach. This shift is changing the way Dell Technologies Inc. approaches its customers on the … Read more
The ambient intelligence startup Mistlabs Ltd. today released its artificial intelligence system Ambi out of beta testing on Apple Inc. devices, backed by $26 million in new funding. Ambi is designed to act without being asked. CEO Peter Mo said most AI platforms are designed to complete tasks and Mistlabs wants to see what becomes … Read more
Amazon.com Inc. is reportedly discussing a possible acquisition of artificial intelligence developer Decart.ai Inc. in a deal worth up to $7 billion. Decart has developed software that makes it easier for developers to run their AI models on different processors. This has proven to be a valuable feature as companies struggle to secure computing infrastructure … Read more
Legacy modernization requires understanding how an application’s code, data, and business rules fit together before rebuilding. BotMan AI uses an AI-powered migration pipeline that maps an application’s dependencies, business logic and data models into a knowledge graph. According to Alejandro D’Andrea (pictured), founder and chief technology officer of BotMan, this context helps agents interpret the … Read more
According to the Financial Times, Nvidia Corp. in initial discussions about the takeover of the open weight model developer Reflection AI Inc. or about investments in the startup. People familiar with the matter told the newspaper that an agreement could be reached within weeks. The talks could still fail. The FT described more than one … Read more