Alex Stamos joins Cognition to make AI security affordable
Alex Stamos joins Cognition to make AI security affordable

Alex Stamos has joined Cognition, the maker of the Devin AI coding agent, as its chief information security officer. He announced the move in an article on X on Tuesday, titled “Why I’m joining Cognition”. “There are real safety and security issues rai…

ElevenLabs doubles its valuation to $22bn in a $300m share sale
ElevenLabs doubles its valuation to $22bn in a $300m share sale

ElevenLabs is now worth $22bn, double its $11bn valuation in February. Employees and existing investors sold $300m of shares, the voice AI company said in a blog post on Wednesday. Wellington Management and T. Rowe Price led the deal. Six investors bou…

Manus 2.0 and Cue give AI agents their own email, phone and wallet
Manus 2.0 and Cue give AI agents their own email, phone and wallet

Manus, the AI agent startup founded in China and now based in Singapore, launched Manus 2.0 on Monday. It also released Cue, a standalone app for personal AI agents. In Cue, each agent gets its own email address, phone number, wallet and computer, the …

Dodge AI raises $2.65M from Accel and Google to fix enterprise firefighting
Dodge AI raises $2.65M from Accel and Google to fix enterprise firefighting

Enterprise software is never finished. Once SAP, Salesforce, Oracle, or Microsoft Dynamics goes live, the business keeps changing. Over the years, thousands of company-specific rules get built into the software. When something breaks, the answer is rar…

AMD agrees to buy Fei-Fei Li’s World Labs for $8.2bn in stock
AMD agrees to buy Fei-Fei Li’s World Labs for $8.2bn in stock

AMD has agreed to buy World Labs, the AI model startup led by Fei-Fei Li, in an all-stock deal valued at about $8.2bn. AMD announced the deal on Monday. Li will join AMD as executive vice president and chief scientist, reporting to CEO Lisa Su. AMD exp…

SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips
SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips

SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself. Fidelity Management & Research Comp…

Red Queen Bio is using AI to design antibodies for future viruses, WSJ says
Red Queen Bio is using AI to design antibodies for future viruses, WSJ says

Red Queen Bio, a biosecurity startup backed by OpenAI, has raised $36 million in total to design antibody drugs against viruses, including ones that AI systems could one day help create, The Wall Street Journal reported. The company is starting with an…

Automattic’s Mullenweg names a new board after the failed bid to oust him
Automattic’s Mullenweg names a new board after the failed bid to oust him

Automattic chief executive Matt Mullenweg has named a new board, weeks after the previous directors tried to put him on leave. The board includes science-fiction author Hugh Howey and two co-founders of the defunct social app IRL, Sarah Perez reported …

HiringCafe lands $6.8M to fix the broken job hunt with AI talent agent
HiringCafe lands $6.8M to fix the broken job hunt with AI talent agent

The modern job search has devolved into a notoriously soul-crushing endeavor. Candidates fire hundreds of resumes into the void. They navigate an endless stream of expired ‘ghost jobs’. And they compete against automated mass-application bots for a fra…

Autoheal raises $7.9M to build a self-improving software factory
Autoheal raises $7.9M to build a self-improving software factory

AI is helping engineering teams ship more code, faster than ever. But that acceleration comes with a growing operational burden. More production incidents to respond to, more security vulnerabilities to remediate, and spiraling token costs to contain. …