Sail Research has raised $80m to make AI agents cheaper to run. The startup, founded by ex-Apple and ex-NVIDIA engineers, says it can serve the tokens agents burn through at up to 10 times lower cost. AI agents are hungry. Leave one running for hours a…
Coval has raised $28m to test AI voice agents before they reach real callers. Its founder built the same kind of safety checks for Waymo’s self-driving cars, and thinks voice needs them just as badly. An AI voice agent can sound flawless in a demo and …
Taktile has raised $110m in a Series C led by Goldman Sachs Alternatives. The startup wants banks and insurers to hand their riskiest decisions to AI agents, the calls that cost millions when they go wrong. Banks and insurers spend billions on people t…
Netris, a Santa Clara startup that automates the networking layer inside GPU data centres, has raised $15 million in a Series A round led by Andreessen Horowitz. The round follows what the company says is 800 percent annual recurring revenue growth and…
OpenAI, Anthropic, Amazon and Microsoft are bankrolling a new nonprofit to retrain American workers for the AI economy. RAISE US, led by Gina Raimondo, has already raised more than $500m. The biggest names in AI agree on at least one thing. The technol…
A recording from a meeting at consulting firm Accenture has raised concerns over how much companies are spending on AI. As companies bullish on AI rush to take advantage of the technology, solutions to out of control token spend could see non-technical employees encouraged to stop using it for spurious tasks.
Adobe is buying Topaz Labs, the Emmy-winning maker of AI image and video enhancement tools. The deal hands Adobe upscaling, restoration and on-device AI as creators blend captured and generated footage. Adobe has agreed to buy Topaz Labs, an AI company…
Scaled Cognition has raised $100M led by Khosla Ventures to build AI that does not hallucinate. The startup says its model will not give a wrong answer, a bold claim in a field built on probability. Scaled Cognition, a Mountain View AI lab, has raised …
Airwallex has raised $320M at an $11bn valuation, up from $8bn in December. The payments company is now pivoting to “autonomous finance” and AI agents that transact on your behalf. Airwallex, the global payments platform, has raised $320m in a Series H…
The era of AI was ushered in with dazzling displays of its seemingly endless capabilities and a promise to change the world. After OpenAI sparked the generative AI boom in 2022, the pace and scale of AI growth in just about every major industry have be…