Category: Ai updates
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AI Startup Supporting Europe’s Air Traffic Management Software Upgrade Raises $5.5M Seed Funding
Insider Brief DesignVerse, an AI platform that generates enterprise software from an organization’s own documentation and internal rules, has raised $5.5 million in seed funding from investors including Begin Capital, Gapminder VC, and Underline Ventures, with angels from Adobe, LSEG, and UiPath also participating. The company has already been adopted by EUROCONTROL, the body responsible…
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AI Chip Maker Cerebras Surges 108% on IPO Debut, Hitting $66B Valuation
Cerebras Systems, the AI chip designer that builds processors purpose-built for artificial intelligence inference, raised $5.5 billion in its IPO on Thursday after pricing shares at $185 — well above its revised target range — before opening to public trading at $385. The stock closed its first day at $311, giving the company a valuation of $66 billion. Co-founder…
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Google and SpaceX in Talks to Launch Orbital AI Data Centers as Space Compute Race Heats Up
Google and SpaceX are in discussions to deploy data centers in orbit, according to reports, as both companies position themselves at the forefront of a nascent race to move AI computing infrastructure beyond Earth’s atmosphere. The talks coincide with SpaceX’s anticipated $1.75 trillion IPO, in which Elon Musk has promoted orbital data centers as a…
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AI Design Startup Dessn Secures $6M to Let Designers Work Directly Inside Live Codebases
Dessn, a startup that lets product designers iterate on existing codebases using AI without local setup, has raised $6 million in a funding round led by Connect Ventures, with participation from Betaworks and N49P. The company was founded by Gabriella Hachem and Nim Cheema, who built the tool around the thesis that as AI makes…
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Origin Lab Announces $8M to Turn Video Game Assets Into AI World Model Training Data
Origin Lab, a startup building a licensed data marketplace between the video game industry and AI labs developing world models, has raised $8 million in seed funding led by Lightspeed Ventures, with participation from SV Angel, Eniac, Seven Stars, and FPV. Angel investors include Twitch co-founder Kevin Lin and Cruise founder Kyle Vogt. The company,…
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OpenAI takes Codex mobile
Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. AI coding agents can now run for hours at a time. Sitting at your desk the entire time shouldn’t be a requirement… Or carrying around a computer to keep things moving. Codex going mobile inside the ChatGPT app is OpenAI’s…
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Deloitte: Scale ‘autonomous intelligence’ for real growth
Enterprise leaders must progress past generative applications and scale “autonomous intelligence” to capture real growth. Generating text or summarising internal communications offers localised productivity improvements, yet these abilities rarely alter the core cost or revenue structure of a large organisation. Enterprises are now focused on deploying systems capable of independent execution. Leaders are demanding applications…
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RLWRLD Unveils RLDX-1, a Dexterity-First Foundation Model for Humanoid Robots
Insider Brief RLWRLD unveiled a robotics foundation model called RLDX-1 designed for dexterous humanoid robot tasks such as grasping, pouring and tool use, with the company positioning the system around contact-rich physical manipulation. According to RLWRLD, the model was developed using Nvidia’s robotics and AI stack and demonstrated benchmark gains across tabletop manipulation, kitchen robotics…
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Xpanner Secures $18M in Series B Bridge Funding for AI-Powered Construction Automation Platform
Insider Brief Construction automation startup Xpanner raised $18 million in Series B bridge funding led by Korea Investment Partners and KB Investment as the company expands its robotics and automation platform across the U.S. construction market. Xpanner said the funding will support expansion of its Automation-as-a-Service platform, which retrofits existing construction equipment with autonomous systems…
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Origin Lab Raises $8M in Seed Round Funding to Turn Video Game Worlds Into AI Training Data
Insider Brief Origin Lab has raised $8 million in seed funding led by Lightspeed Venture Partners to expand its platform for turning licensed video game worlds into structured training data for AI systems. The round included participation from SV Angel, Eniac Ventures, Seven Stars, FPV and angel investors including Twitch co-founder Kevin Lin and Cruise…
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