Kyt Dotson – SiliconANGLE

Passbolt raises $8M to modernize password and credential access management

Kyt Dotson — Fri, 24 Jan 2025 18:10:52 +0000

Passbolt SA, the developer of credential and password access management software for organizations, said Thursday it has raised $8 million in early-stage funding to help companies meet complex securities needs when handling passwords. The Series A round was led by new investor Airbridge Equity Partners and joined by existing investors Expon Capital’s Digital Tech Fund, […]

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Google joins forces with HTC Vive to boost Android XR Development

Kyt Dotson — Thu, 23 Jan 2025 19:45:37 +0000

Google LLC announced today that it’s acquiring parts of HTC Corp. Vive’s engineering team to accelerate the development of its new Android XR operating system for virtual reality and extended reality headsets. The new OS, which Google developed in partnership with Samsung Electronics Co. Ltd. and Qualcomm Technologies Inc., represents a new operating system for […]

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Google announces new Chrome Web Store for enterprise browser extension control

Kyt Dotson — Thu, 23 Jan 2025 18:00:05 +0000

Chrome extension management can burden many security teams when employees install them on their computers. To lighten that burden, Google LLC today announced a new curated Chrome Web Store for enterprise businesses that will give them greater control and visibility over browser extensions. The new Chrome Web Store, part of Chrome Enterprise Core, allows employees […]

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Qdrant launches hardware-independent, GPU-accelerated vector indexing capability

Kyt Dotson — Thu, 23 Jan 2025 13:00:28 +0000

Qdrant, the developer of a high-performance open-source vector database, today introduced its graphics processing unit accelerated vector indexing capability that will make scaling up artificial intelligence applications easier. A vector index is a data structure used in information retrieval to store and pull out high-dimensional data, or a dataset with many features or variables, more […]

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Google announces new educational features for Chromebooks and Workspace

Kyt Dotson — Wed, 22 Jan 2025 18:00:05 +0000

In a bid to bring more personalized learning experiences to educators and students, Google LLC said today it’s bringing more tools and features to Workspace for Education and its Chromebook laptops. Workspace for Education is a collection of tools for schools and universities to improve learning and collaboration. It includes cloud-based apps such as Gmail, […]

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Stablecoin issuer Circle buys Hashnote crypto money-market fund manager

Kyt Dotson — Tue, 21 Jan 2025 19:40:42 +0000

Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund with nearly $1.3 billion in assets. Circle said as part of the deal it will integrate USDC with Hashnote’s US Yield Coin, which allows investors […]

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Delivery management platform Package.ai raises $14M for ‘Uber-like’ customer experience

Kyt Dotson — Tue, 21 Jan 2025 18:00:46 +0000

Package.ai, a platform that provides artificial intelligence-based delivery for retail operations and customer service, said today it has raised $14 million in a early-stage funding round led by Susquehanna Growth Equity. Founded in 2017 in Tel Aviv, Package.ai delivers what it calls the “full package” for retail operations using AI-enabled tools by combining high-touch customer […]

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AI-powered robotics startup Sereact raises €25 million

Kyt Dotson — Mon, 20 Jan 2025 19:30:24 +0000

German artificial intelligence robotics startup Sereact GmBH today announced it raised €25 million, about $26 million, to accelerate the development of its AI models for robots and its robotics platform. The funding came from a Series A funding round led by Creandum, with participation from existing investors Point Nine and Air Street Capital. Founded in […]

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In challenge to TikTok, Bluesky and X roll out dedicated vertical video feeds

Kyt Dotson — Mon, 20 Jan 2025 17:10:52 +0000

Social media sites X Corp. and Bluesky have announced new dedicated vertical video feeds, similar to Instagram Reels, YouTube’s Shorts and TikTok videos. Both announcements came Sunday evening after TikTok went dark briefly late Saturday. The Chinese-owned social media service parent company ByteDance had taken it offline in accordance with an upcoming ban in the […]

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Phantom cryptocurrency wallet raises $150M at $3B valuation

Kyt Dotson — Fri, 17 Jan 2025 17:50:26 +0000

Cryptocurrency wallet provider Phantom Technologies Inc. has raised $150 million in a new funding at a $3 billion valuation. The Series C round was led by Sequoia Capital and Paradigm. Andreessen Horowitz’s a16z crypto venture capital arm and Variant also participated in the round, which was announced Wednesday. Crypto wallets are essential to the cryptocurrency industry because […]

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AI firm iGenius introduces Nvidia-powered LLM for highly regulated industries

Kyt Dotson — Thu, 16 Jan 2025 19:40:30 +0000

Italian artificial intelligence startup iGenius Inc. announced today the launch of Colosseum 355B, its new state-of-the-art foundation large language model designed for highly regulated industries to provide businesses the confidence that their data won’t be compromised. IGenius specializes in AI for enterprises working in highly regulated sectors, such as finance and public administration. The company […]

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Legal AI startup Eve raises $47M to help law firms become AI-native

Kyt Dotson — Thu, 16 Jan 2025 18:00:52 +0000

Eve, a platform providing a legal AI platform for plaintiff law firms, said today it raised $47 million in early-stage funding. Today’s Series A financing, led by Andreessen Horowitz with participation from Lightspeed Venture Partners and Menlo Ventures, brings the total raised by Eve to $61 million since the company’s seed funding round in 2023. Eve describes […]

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Nvidia releases microservices to safeguard AI agents

Kyt Dotson — Thu, 16 Jan 2025 14:00:46 +0000

Nvidia Corp. today announced today the release of new Nvidia Inference Microservices aimed at helping enterprise organizations develop artificial intelligence agents to address issues of trust, security and safety. AI agents are a blossoming technology that is beginning to revolutionize how people interact with computers, but they also come with several critical issues. Agentic AI […]

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AI video platform Synthesia raises $180M, doubling valuation to $2.1B

Kyt Dotson — Wed, 15 Jan 2025 18:45:06 +0000

Synthesia Ltd., the maker of a video platform that uses artificial intelligence to generate clips featuring human avatars, has raised $180 million in a late-stage round valuing the startup at $2.1 billion. The London-based company said today that the Series D funding was led by venture firm NEA, which more than doubled its valuation from […]

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Bioptimus raises $41M to build ‘GPT for biology’

Kyt Dotson — Tue, 14 Jan 2025 19:35:50 +0000

Bioptimus, a French artificial intelligence model startup, said today it has raised $41 million that will go toward building what it says will be the world’s first universal AI foundation model for biology research. The round was led by Cathay Innovation with participation from existing investor Sofinnova Partners, a healthcare-focused venture capital firm that led the […]

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Orchid Security rakes in $36M to simplify enterprise identity security with LLMs

Kyt Dotson — Tue, 14 Jan 2025 17:30:34 +0000

Orchid Security Inc., a cybersecurity startup that uses artificial intelligence to streamline identity security orchestration, said today it has raised $36 million in seed funding to build on its work using large language models to help enterprise businesses manage their cybersecurity posture. Orchid builds a platform that helps tackle an issue that arises in enterprise systems […]

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Crypto analysis firm Chainalysis acquires AI-powered fraud detection startup Alterya for $150M

Kyt Dotson — Mon, 13 Jan 2025 19:40:10 +0000

Blockchain analysis giant Chainalysis Inc. said today that it has acquired the Israeli startup Alterya Inc., which develops an artificial intelligence detection solution to beat financial scammers and fraudsters. Although the two companies did not disclose the details of the acquisition, sources familiar with the deal told Business Insider the total was about $150 million. Chainalysis […]

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Qventus raises $105M to alleviate burdens on healthcare staff with AI

Kyt Dotson — Mon, 13 Jan 2025 17:40:36 +0000

Artificial intelligence-based health system provider Qventus Inc. today announced it has raised $105 million in a late-stage funding led by global investment firm KRR. The company plans to use the funds to expand its product portfolio that automates work for care workers to help them attend to patients instead of paperwork. Additional participation for the […]

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Linux Foundation launches initiative to support Chromium-based browsers

Kyt Dotson — Fri, 10 Jan 2025 17:50:38 +0000

The Linux Foundation launched a new initiative Thursday that will fund the ongoing high-quality, open development and enhancement of projects within the Chromium web-browser project ecosystem. The foundation, a nonprofit that supports open-source projects, said the Supporters of Chromium-Based Browsers initiative aims to provide a neutral space where industry leaders, developers, academia and the open-source […]

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Innovaccer nabs $275M to build out AI healthcare cloud

Kyt Dotson — Thu, 09 Jan 2025 19:35:31 +0000

Healthcare cloud and artificial intelligence company Innovaccer Inc. said it has raised $275 million today in a late-stage funding to scale its cloud and AI capabilities and enhance copilot offerings for healthcare professionals. The Series F funding round attracted investments from Kaiser Permanente, Phoenix-based Banner Health, Microsoft venture capital firm M12 Ventures and Danaher Ventures. To date, […]

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Xocean raises $119M to expand ocean data platform

Kyt Dotson — Thu, 09 Jan 2025 17:30:40 +0000

Xocean, which provides ocean data services for offshore energy and civil hydrography industries, today announced it has raised €115 million, about $119 million, in new funding to drive the company’s expansion across the globe. Founded in Ireland in 2017, Xocean uses a fleet of unmanned, remotely operated watercraft known as “uncrewed surface vessels” to scan […]

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Story, Stability AI collaborate to help creators make money from their work in the AI ecosystem

Kyt Dotson — Wed, 08 Jan 2025 19:00:16 +0000

Story, a blockchain network that tracks intellectual property ownership, today announced a collaboration with artificial intelligence model developer Stability AI Ltd. that will allow contributors – creators, developers and artists – to address the challenge of attributing, tracking and making money from creative work generated through AI. Originally named Story Protocol, Story has raised over […]

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Movement Labs layer 2 Ethereum blockchain reportedly seeks $100M raise at $3B valuation

Kyt Dotson — Wed, 08 Jan 2025 17:25:04 +0000

Movement Labs, the developer of a layer 2 blockchain for Ethereum based on Facebook’s Move language virtual machine, is reportedly raising $100 million in a Series B round that will value the company at about $3 billion. Citing multiple sources, Fortune and Reuters reported today that the round would be co-led by CoinFund and Nova […]

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Gemini crypto exchange agrees to pay $5M settlement to CFTC

Kyt Dotson — Tue, 07 Jan 2025 19:00:50 +0000

The Gemini Trust Co. LLC, the New York-based cryptocurrency exchange founded by the Winklevoss twins in 2014, has agreed to pay a $5 million civil penalty to settle a lawsuit filed by the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made about how easily the price of bitcoin futures could be manipulated. […]

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Getty announces plans to merge with Shutterstock in $3.7B deal

Kyt Dotson — Tue, 07 Jan 2025 17:10:00 +0000

Visual media giants Getty Images Holdings Inc. and Shutterstock Inc. today announced a deal to merge into a single visual content company with a value of about $3.7 billion. The combined company will retain the Getty Images name and offer a content library that merges the portfolios of both firms including imagery, video, music, 3D […]

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Nvidia launches new AI development tools for autonomous robots and vehicles

Kyt Dotson — Tue, 07 Jan 2025 04:00:56 +0000

Nvidia Corp. today announced the launch of new tools that will advance the development of physical artificial intelligence models, such as models that power self-driving cars, warehouse and humanoid robots. World foundation models, or WFMs, assist engineers and developers by generating and simulating virtual worlds as well as their physical interactions so that robots can […]

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Digital Edge raises $1.6B to fund Asian data center expansion

Kyt Dotson — Mon, 06 Jan 2025 16:40:12 +0000

Digital Edge Holdings Pte Ltd., a hyperscale data center developer and operator backed by private equity firm Stonepeak Infrastructure Partners, today announced it has secured over $1.6 billion to fund an expansion across Asia. The company said the capital will include about $640 million of equity from existing and new investors and included $1 billion […]

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Rembrand raises $23M for AI-powered product placement in videos

Kyt Dotson — Thu, 02 Jan 2025 18:35:29 +0000

Artificial intelligence media company Rembrand, which uses AI-powered technology to place virtual objects in video content for brand marketing, said today it has raised $23 million in new funding to expand from social media into connected TV formats. The Series A funding round was led by super{set} with participation from The Trade Desk and Naver […]

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Axonator launches no-code platform to help businesses create custom apps

Kyt Dotson — Wed, 01 Jan 2025 19:55:56 +0000

Axonator Inc., the developer of a platform that allows companies to build custom mobile applications for automating workflows, today announced it has launched what it calls a “DIY” platform for nontechnical users to create apps. The company said the no-code platform includes a user-friendly, intuitive drag-and-drop builder allowing businesses to create their own mobile apps, […]

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AI-powered mineral exploration company KoBold Metals raises $527M

Kyt Dotson — Wed, 01 Jan 2025 17:00:02 +0000

KoBold Metals, a Berkeley, California-based startup that specializes in using artificial intelligence to discover new deposits of metals critical for batteries and renewable energy, said today it has raised $527 million in equity funding. The Series C funding round was co-led by existing investor T Rowe Price and joined by Durable Capital Partners. Other existing […]

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