Insider Brief Hellbender raised $12.5 million in seed funding co-led by Magarac Venture Partners and Veredas Partners, with participation from Mana Ventures, Gaingels, Sum VC and Active Angels Network, to scale edge AI platforms and manufacturing. The funding will support growth across product development, hiring and production as Hellbender expands from custom engineering work into…

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Insider Brief Text introduced AI selling agents and workflow tools designed to move customer service beyond support functions and into revenue generation through AI-driven sales and customer engagement. The new Shopify-integrated AI agents can identify customer intent, recommend products, qualify leads and complete transactions within chat while escalating to humans when needed. Text also launched…

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Insider Brief Hark raised more than $700 million in an oversubscribed Series A round at a $6 billion valuation to develop AI systems and AI-native hardware designed to create more personalized human-machine interaction. The round was led by Parkway Venture Capital and included Nvidia, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime…

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Nvidia has reported record quarterly revenue of $81.6 billion for the three months ending April 26, up twenty percent from the previous quarter, driven by $75.2 billion in data centre revenue. The company forecast $91 billion for the coming quarter and authorised $80 billion in share repurchases. CFO Colette Kress said the company’s Blackwell architecture…

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Figma has introduced its own AI agent embedded directly into its collaborative design canvas, allowing users to generate new designs, edit existing ones, and automate repetitive tasks through natural language prompts. Multiple agents can run simultaneously on the same canvas, and the company says the underlying models are fine-tuned specifically for design contexts. The move…

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Insider Brief August Robotics raised $30 million in a Series B round led by Big Pi Ventures, with participation from Blackbird, Skip Capital, Tanarra, Future Family Office and GS Futures, to expand production and scale deployments. The funding will support AI development, new robotics products and global expansion efforts, including new operations in Europe and…

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Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. Sam Altman called it a “kinda big milestone.” That may be the rare case of a tech CEO underselling a headline. A reasoning model just autonomously disproved an 80-year-old famous math theory, in what the company is calling a first…

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For nine years the AI boom has been a private bet, priced by a small circle of venture funds and sovereign wealth in rounds most people could never touch. This week it started going public. SpaceX filed an $80 billion IPO prospectus on Wednesday, the largest in history, with a chatbot company and $6.4 billion…

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The Nvidia Vera chip is rarely the headline when earnings beat estimates, but it should be. When Nvidia reported Q1 revenue of US$81.62 billion on Wednesday, beating analyst estimates of US$78.86 billion, and guided Q2 at US$91 billion–well above Wall Street’s US$86.84 billion forecast–the numbers did what Nvidia numbers always do: dominate the room.  But…

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OpenAI has announced two complementary measures to help users identify AI-generated images, partnering with Google on technology that addresses one of the most pressing challenges in the era of generative AI. The company is adopting C2PA, an open standard developed by a non-profit coalition founded in 2021, which embeds readable metadata signals identifying an image…

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