Building AI guardrails should be part of the process
As companies start relying more on AI-powered tools to help increase productivity and efficiency, they need to think about creating policies that can address any ethical, practical or legal issues, writes Richard Marcus, head of information security at AuditBoard.
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Drone couriers and virtual faces among Alchemist Accelerator’s demo day highlights
Today is demo day at Alchemist Accelerator, which focuses on very early stage startups from technical founders. Fifteen companies are presenting in this batch, but here are several we thought worth a closer look. Alchemist also scored an additional $2 million from Mayfield to keep investing like th
Studio's new online school for musicians uses AI to create custom curriculums
MasterClass rival Studio launched today its first AI-powered online school for musicians, songwriters and producers to learn from top artists in the industry, create new songs, get feedback from like-minded peers and access Studio's AI coach that keeps them on track with personalized schedules
PadSplit, a marketplace for affordable shared housing, surpasses 10K+ units
PadSplit aims to address the lack of supply, access and affordability in the rental market with its co-living marketplace designed specifically for lower-income workers, which includes flexible commitment terms and payments as well as no minimum credit score or expensive security deposit.
Now, the
Ubiquity Ventures secures $75M for Fund III to invest in 'software beyond the screen'
The venture capital market may still be trying to sort itself out, yet venture capital firms remain optimistic in closing new funds.
Ubiquity Ventures is the latest firm, securing another $75 million in capital commitments for its third fund. Sunil Nagaraj is the solo general partner at Ubiquity, h
Kore.ai, a startup building conversational AI for enterprises, raises $150M
In the midst of a wave of tech industry layoffs, it’s heartening to see some startups succeeding despite the dour market outlook.
Kore.ai, a company developing enterprise-focused conversational AI and GenAI products, today announced that it raised $150 million in a funding round led by FTV Ca
p0 uses LLMs to save enterprises from code catastrophes
Startup p0 is named after catastrophic events that can cause a platform to crash, leading to potential security breaches and loss of customer trust in businesses. Those are the problems that p0 was created to solve, using large language models (LLMs) to help developers catch serious issues in code
Semron wants to replace chip transistors with ‘memcapacitors’
A new Germany-based startup, Semron, is developing what it describes as “3D-scaled” chips to run AI models locally on smartphones, earbuds, VR headsets and other mobile devices.
Co-created by Kai-Uwe Demasius and Aron Kirschen, engineering graduates from the Dresden University of Techno
Fidelity cuts Meta-backed Meesho valuation to $3.5B
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.25 billion. Adjusted for outstanding shares, Meesho said its valuation stands at $3.5 billion.
The U.S. asset manager valued its holding in Meesho
Startup studio Hexa hires former Doctolib exec to launch its health vertical
Hexa, the Paris-based startup studio that recently raised $22 million, is launching a new vertical focused on improving the healthcare system. Julien Méraud, a senior team member of the French unicorn startup Doctolib, is joining the startup studio.
As a reminder, Hexa started its life as eFounder
Streaming media company Plex raises $40M as it nears profitability
Media streamer Plex has raised new capital. The company, which began as a media organization startup, has morphed over the years to become a one-stop shop for all your media, including ad-supported streaming, which now accounts for much of its revenue growth. The new round, which has not yet been d
Any growth is good, but sustainable growth is the key to success
It's a story as old as time: Startup founder raises giant sack of that sweet, sweet VC money. Next they have to search for product-market fit. Easy, right? Just pour all of that money into sales and marketing, and they're off to the races. Not so fast. If you throw enough money at advertisi
Cap VC wants to be the AI-powered ‘operating system’ for VCs
Cap VC is launching a tool for VC firms, and is planning to expand its offering to startups raising money. The idea is to make better investment decisions, faster, using the power of AI.
VC is a people-business above all, but as AIs are getting closer and closer to being people, too, there’s
iRobot and Amazon call it quits, terminate acquisition agreement
Amazon has ended its bid to acquire iRobot, the maker of robotic vacuums, after running up against headwinds with European regulators.
Amazon and iRobot have opted to mutually terminate their previously announced acquisition agreement, under which Amazon would’ve purchased iRobot for ~$1.7 bi