Cybersecurity startup Armadin Inc. announced today that it has raised $255.5 million in funding at a valuation of over $2.5 billion. Andreessen Horowitz and Accel jointly led the Series B round. They were joined by Alphabet Inc.’s GV Startup Fund, Kleiner Perkins, Menlo Ventures and others. Armadin was founded last year by well-known cybersecurity entrepreneur … Read more
The economics of AI factories increasingly depend on more than just access to powerful graphics processing units. Because agent systems rely on multiple models, databases and tools, the entire data center must function as a single computer system. This transition shifts attention from individual chips to the infrastructure that converts computing capacity into useful intelligence. … Read more
D-Wave Quantum Inc., a commercial provider of quantum computing hardware and software, today announced the launch of its gate model quantum computer simulator program in beta testing mode, allowing customers to test error-aware programs. The simulator is based on D-Wave’s superconducting dual-rail gate model technology, designed to detect and correct errors, enabling more efficient hardware … Read more
Artificial intelligence recruiting software startup Metaview Labs Inc. said today the industry is ready for a “Claude Code moment” after the company closed $60 million in Series C financing. The round was led by Insight Partners and included participation from GV, Seedcamp, Vertex Ventures US, Intrepid Growth Partners, Plural and Garuda Ventures. To date, the … Read more
CScale Inc., a startup that develops optical interconnects for data centers, started today with $188 million in funding. The company has raised approximately three-quarters of capital through a recently completed Series C round. It was co-led by Atreides Management, Valor Equity Partners and Premji Invest. The funds were joined by several other backers, including Nvidia … Read more
Intelligent data infrastructure is becoming increasingly important as companies move artificial intelligence from curated pilots into production. NetApp Inc. is positioning its Novus architecture for this transition. According to NetApp Chief Executive Officer George Kurian (pictured), 93 percent of companies using production AI see data as their biggest challenge. Addressing the associated security risks requires … Read more
Walapay Inc., a global payments infrastructure company that uses stablecoins for account issuance and payouts, today announced that it has raised $4.6 million in a seed round led by Generative Ventures to offer global payments to local businesses. Commerce Ventures, Rally Cap VC, Polygon, Verda Ventures, NGC Ventures, FGV Capital, Digital Finance Group, Knollwood and … Read more
An agent gateway extends identity security beyond deciding who gets through the front door to controlling what autonomous AI agents do once inside. By standing in the way of attempted actions, the gateway can force authorization decisions at runtime. Okta Inc. recently launched an AI agent runtime gateway as part of its broader approach to … Read more
Low-power chip startup Efficient Computer Co. announced today that it has closed a $97 million funding round, the second major investment it has made this year. The round was led by TQ Ventures and included Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana Ventures, Toyota Ventures, Overmatch and Borderless. This … Read more
Just a day after OpenAI Group PBC said it was unwilling to release its latest model GPT-6.1 Astra due to security concerns, it has released a newer, almost equally powerful model called GPT-6.1 Sol that promises to deliver Astra-like performance at a much lower cost. The new model, announced today at OpenAI’s DevDay event, is … Read more