Author: Ai
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Avatar Robotics Raises $6.5M in Seed Funding to Develop Industrial Humanoid Robots
Insider Brief Avatar Robotics raised $6.5 million in seed funding to expand humanoid robot deployments in warehouses and factories and advance software that reduces reliance on remote operators. AlleyCorp led the round, while Defy.vc led an earlier pre-seed financing and Headline, Henry Ford III, Refashiond and other investors also participated. The company said its robots…
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Nvidia-Led Industry Group Launches AI Security Working Group at Black Hat Conference
The Open Secure AI Alliance (OSAA), an industry coalition spearheaded by Nvidia that has grown to more than 120 companies in its first week, has formed a new working group called the Shared AI Findings Exchange (SAFE) to develop AI security guidelines. The group presented initial proposals for open comment this week, with the Linux…
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SpaceX Ramps Up Tesla Megapack Purchases to Support AI Data Center Operations
SpaceX spent $295 million on Tesla Megapack battery storage units in the second quarter, bringing its total spending on the devices to $329 million so far this year, according to the company’s latest earnings report. The purchases highlight the deepening ties between Elon Musk’s companies, as Musk serves as CEO and largest shareholder of SpaceX…
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Spotify Expands AI Music Initiative With Merlin Licensing Deal, Teases Consent-Based Covers Tool
Spotify used its second-quarter earnings call on Tuesday to provide further detail on an upcoming AI-powered product that will let fans create covers and remixes of artists’ music with their consent. The company announced that Merlin, a licensing partner representing independent labels and distributors, has joined Universal Music Group in supporting the initiative, bringing more…
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Anthropic Expands Compute Capacity With $10B Volta Deal, Builds In-House Chip Team
Anthropic has signed a $10 billion, six-year cloud computing agreement with AI cloud startup Volta, according to a report from Bloomberg citing people familiar with the matter. The deal was said to involve Bitdeer, a crypto-mining company partnering with Volta to build a data center in Norway with 133 megawatts of capacity. The facility is…
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AI Waste Analytics Firm Greyparrot Secures $27M to Expand Recycling Dataset
Greyparrot, a London-based AI-enabled waste analytics company, has raised $27 million in Series B funding to expand its network of AI-powered camera systems deployed across material recovery facilities. The round, led by technology investor Omar Mir, brings Greyparrot’s total funding to $60 million and will support growth of its AI, data science, and product teams…
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RevealDx Announces Distribution Agreement And Investment From 4DMedical
Insider Brief RevealDx secured a distribution agreement and a $3.4 million strategic investment from 4DMedical to expand global access to its AI-powered RevealAI-Lung software for assessing lung nodules. RevealAI-Lung, which has FDA clearance, MDR certification and TGA approval, has been integrated into 4DMedical’s newly acquired contextflow platform and is already being used at several clinical…
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AI Voice Startup Fish Audio Closes $52M Seed Round to Expand Voice-Generation Models
Fish Audio, a Palo Alto-based AI voice generation startup, has raised $52 million in a seed round led by Coreline Ventures and Capital Today, with participation from 359 Capital, Parable, Play Time, Alphalist Partners, Bayhouse Ventures, Carya Venture Partners, and HF0. The company said it now has more than 8 million users across its open-source…
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Anthropic and OpenAI agents went rogue — again
Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}, and welcome to the 5,789 new readers who joined us yesterday. The cases of AI models slipping their limits and taking unauthorized actions are getting harder to track by the day. Barely a week after OpenAI and Anthropic revealed their…
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ChatGPT Dominates Congressional AI Spending, Far Outpacing Anthropic’s Claude
OpenAI’s ChatGPT has emerged as the dominant AI tool used by U.S. House offices, according to a CNBC report analyzing House disbursement records for the year ending March 31. OpenAI accounted for roughly 90% of all AI tool spending by House offices, committees, and institutional accounts, with $100,580 spent across 798 transactions. Anthropic’s Claude ranked…
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