Author: Ai
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Venice AI Closes $65M Series A at $1B Valuation, Betting on Privacy-Focused, Uncensored AI Access
Venice AI, a platform offering access to more than 200 AI models while emphasizing user privacy, announced a $65 million Series A round at a $1 billion valuation, its first external fundraise. The round was led by crypto-focused venture firm Dragonfly, with participation from Coinbase Ventures, North Island Ventures and others. The company, founded two…
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Meta Adds Camera Safeguard to AI Glasses Amid Ongoing Privacy Concerns Over AI Data Practices
Meta announced an update to its AI glasses that will disable the camera if the recording-indicator LED light is tampered with, a move the company described as an industry-leading safety measure. Meta acknowledged the update was prompted by users attempting to conceal or damage the LED in order to record without detection, following earlier adjustments…
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Prague AI Lab EquiLibre Technologies Reaches $500M Valuation After Applying Poker-Winning AI to Stock Trading
EquiLibre Technologies, a Prague-based AI lab founded by former DeepMind researchers, has reached a $500 million valuation following an undisclosed Series A round led by Creandum. Creandum vice president Cameron Sellers said it was the largest single investment the firm has made in one deal. Founded by CEO Martin Schmid, CTO Rudolf Kadlec and CSO…
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SpaceXAI, Cursor release the strongest Grok yet
Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. With its last few versions lagging behind, Cursor coming on board with its own models, and Elon Musk renting out compute to frontier rivals, Grok’s place in the AI world seemed up in the air. The release of Grok 4.5,…
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AI Weekly Issue #512: Robotics Is Moving Fast: IPOs, New Models, and Smarter Robots
Three humanoid companies moved toward the public markets in a single week. Agility filed to go public via SPAC at $2.5 billion, Unitree cleared its Shanghai IPO, and Tesla started turning the line that built its last Model S into an Optimus factory. Mistral shipped a robot brain that finds its way with one cheap…
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AWS GraphRAG deployment cuts drug research cycles by 87%
A recent AWS GraphRAG deployment reduced drug research and development cycles in pharmaceutical environments by 87 percent. This acceleration is achieved by integrating previously separated proprietary databases into a unified and queryable knowledge graph. Historically, initial data gathering and screening phases took over six months per iteration, yielding a low five percent success rate. Crucial…
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NHS AI blood test could reduce invasive womb cancer checks
Several NHS hospitals are preparing to use an AI-powered blood test to help assess women referred for possible womb cancer before invasive checks are carried out. According to The Guardian, around 90,000 postmenopausal women in England are referred by GPs each year for checks after experiencing heavy bleeding. About 10,000 women are diagnosed with womb…
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Volley Automation Deploying Robotic Parking Systems at Two NYC Residential Developments
Insider Brief Volley Automation said its robotic parking systems have been selected for two Manhattan condominium developments by Legion Investment Group. The systems will be used at 38 Gramercy Park East and 550 West 21st Street in West Chelsea, both of which are under construction. Volley said its automated guided vehicles and software store and…
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SambaNova Secures $1B at $11B Valuation, Lands JPMorgan Chase as Inference Partner
SambaNova Systems, an AI chip company based in Palo Alto, has raised $1 billion at an $11 billion valuation in the first close of its Series F round, led by General Atlantic, with additional investors expected to join in the coming weeks. Rodrigo Liang, CEO and co-founder, said the company continues to field acquisition interest…
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How AI Token Supply Shapes Prices and Investor Returns
The economics of artificial intelligence are increasingly being written in a currency most investors have never priced before: the token. As enterprises push generative AI and autonomous agents into production, the volume of tokens consumed, and the supply available to meet that demand, has become one of the clearest signals of where value, cost, and…
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