Yesterday
18 storiesFUNDING$10M Extension
AlgoX2 Raises $10M To Build A Data Streaming OS
AlgoX2 raised a $10M seed extension led by Bessemer Venture Partners and Fin Capital for its 'Data Streaming Operating System,' which it says delivers up to 10x throughput over legacy Kafka-based stacks.
DEEP DIVE
Klarent Raises $8M To Make Software Testing Deterministic
FUNDING$8M Seed
Klarent Raises $8M To Make Software Testing Deterministic
Klarent, a Zurich startup founded by two ex-Google engineers, raised an $8M seed led by Mosaic Ventures to sell AI agents that write and reuse test code instead of calling a model at runtime.
DEEP DIVE
Energy Capital Partners Closes $834M Continuation Deal
FUNDING$834M
Energy Capital Partners Closes $834M Continuation Deal
Energy Capital Partners closed an $834M single-asset continuation vehicle for Next Wave Energy Partners, its third such deal, letting Fund IV investors cash out while ECP reinvests its own proceeds.
DEEP DIVE
Osavul Raises $10M For AI Risk Intelligence
FUNDING$10M Series A
Osavul Raises $10M For AI Risk Intelligence
Osavul, born out of Russia's invasion of Ukraine, raised a $10M Series A led by 33N Ventures to expand its AI platform for tracking hostile intent across cyber, physical and information threats.
DEEP DIVE
Meta Finally Ships A Frontier Model: Muse Wonder
AI$4/$20 per 1M tokens
Meta Finally Ships A Frontier Model: Muse Wonder
Meta's Superintelligence Lab released Muse Wonder and Wonder Full, its first frontier-class models since last year's AI reorganization, pricing the smaller version at $4/$20 per million tokens.
DEEP DIVE
Air Force Taps WindBorne For Up To $49M In Weather Data
AIUp to $49M
Air Force Taps WindBorne For Up To $49M In Weather Data
The U.S. Air Force awarded WindBorne Systems a sole-source contract worth up to $49 million for atmospheric data from its fleet of autonomous weather balloons, the startup's largest deal yet.
DEEP DIVE
Trump Admin Suspends Microsoft's Green Card Pipeline
REGULATION
Trump Admin Suspends Microsoft's Green Card Pipeline
JD Vance suspended Microsoft, Adobe and six IT outsourcing firms from the PERM green-card program on October 8th, arguing Microsoft abused H-1B visas while cutting 6,000 American jobs.
DEEP DIVE
Honeyjar's AI Wants to Run Your PR Department
AI
Honeyjar's AI Wants to Run Your PR Department
A new AI platform wants to automate the busywork of corporate communications, from drafting pitches to tracking media coverage.
DEEP DIVE
Microsoft's Brad Smith Says Britain Should Write AI's Rules
REGULATION
Microsoft's Brad Smith Says Britain Should Write AI's Rules
Microsoft's president argues the U.K., not Washington or Brussels, is best positioned to set global AI safety rules.
THE VC READ
Blueprints AI Turns Sketches Into Permit-Ready Plans
AI
Blueprints AI Turns Sketches Into Permit-Ready Plans
A Santa Monica startup says its AI can turn a 2D sketch into code-compliant, permit-ready construction documents in minutes.
DEEP DIVE
Peter Lee Leaves Microsoft Science For Mercedes F1
PEOPLE
Peter Lee Leaves Microsoft Science For Mercedes F1
Microsoft's outgoing science president Peter Lee, who helped evaluate GPT-4 before its public release, is negotiating a newly created AI advisor role with the Mercedes Formula 1 team.
DEEP DIVE
IonQ Acquires Elisity For Up To $1.3 Billion
BIG TECH$1.3B All-Stock Deal
IonQ Acquires Elisity For Up To $1.3 Billion
IonQ agreed to buy Zero Trust security startup Elisity in an all-stock deal worth up to $1.3 billion, including a $150 million earnout, expected to close in the fourth quarter.
DEEP DIVE
Graylark's Raven AI Can Pinpoint Any Room From One Photo
AI
Graylark's Raven AI Can Pinpoint Any Room From One Photo
An AI startup's tool can now identify the exact short-term rental, house or hotel room shown in a single interior photo, and two U.S. police departments are already using it.
DEEP DIVE
Pro Shop Raises $24M Series B Backed By Arthur Blank
FUNDING$24M Series B
Pro Shop Raises $24M Series B Backed By Arthur Blank
Golf media company Pro Shop raised a $24 million Series B led by Arthur M. Blank Sports and Entertainment, with new backing from Causeway Media Partners and Ares, to expand its live-events and commerce business.
DEEP DIVE
SWI Group Raises €800M For AI Data Centers
FUNDING€800M (~$900M) Raise
SWI Group Raises €800M For AI Data Centers
Amsterdam-listed SWI Group raised €800 million (about $900 million) at a €6.1 billion valuation to convert former FTX-backed bitcoin miner Genesis Digital Assets into AI data centers.
DEEP DIVE
Ambi, From An Ex-Plaud Exec, Raises $26M
FUNDING$26M Raised
Ambi, From An Ex-Plaud Exec, Raises $26M
Ambi, founded by former Plaud executive Peter Mo, raised $26 million across multiple rounds led by Luminous Ventures to build an AI meeting-notes app that can listen continuously in the background.
DEEP DIVE
TwinCafe Lets Recruiters Interview Your AI Twin First
AI
TwinCafe Lets Recruiters Interview Your AI Twin First
Eightfold AI CEO Ashutosh Garg's new platform TwinCafe lets job candidates build an AI twin from their résumé and work history that recruiters can question before ever meeting the real person.
DEEP DIVE
AI Labs Can't Be Trusted To Grade Their Own Safety
REGULATION
AI Labs Can't Be Trusted To Grade Their Own Safety
Incidents at OpenAI and Anthropic -- from a fake police tip to a model that attacked Hugging Face's own infrastructure -- are fueling calls for independent licensing of frontier AI models instead of lab self-policing.
THE VC READ