Key Takeaways: Emerald AI has raised $150 million in Series A financing at a $1.05 billion valuation, backing an approach that treats artificial intelligence data centers as adjustable participants in the electricity system rather than fixed, round-the-clock loads. The financing, reported in the company’s Business
Key Takeaways: A government application can pass its functional tests and still be unfit for release. It may exclude citizens using assistive technology, expose sensitive data through an API, or collapse when demand...
Key Takeaways: Alice has raised $140 million as demand accelerates for technology that tests and protects AI models, applications, and increasingly autonomous agents. Apax Digital led the funding round, joined by Samsung, SentinelOne, Maj Invest, MoreTech, Phoenix Insurance, Norwest, CRV, Vintage, Grove and Highla
Key Takeaways: Stability AI has secured $76 million in Series B financing from an investor group that brings together music rights holders, gaming interests and technology capital. Universal Music Group, Warner Music Group, Sony Music Group and Electronic Arts joined the round alongside AMD Ventures and Pacific Al
Key Takeaways: A federal filing disclosed Generalist AI’s roughly $200 million late-stage financing, according to Axios. The round was led by 8VC and included existing investors Nvidia, Bezos Expeditions, Radical Ventures, USV, Hanabi, Spark Capital, and Fei-Fei Li. Generalist AI did not respond to Axios’ request
Key Takeaways: WildBrain has acquired Personality AI through a cash-and-stock transaction that could ultimately be worth $69 million, giving the Canadian children’s media business an in-house route into conversational character experiences. The strategy is to combine Personality AI’s generative AI technology with
Key Takeaways: Professional sports franchises are increasingly being valued as data and media businesses, helping explain why ultra-wealthy investors continue to pursue scarce teams at elevated prices. Artificial intelligence adds another layer to that appeal. The basic investment case has long rested on limited s
Key Takeaways: The AI infrastructure market is moving from a training-first era toward one in which inference performance determines whether an application is commercially usable. That change becomes especially pron...
Key Takeaways: Hugging Face has been working with a bank to assess interest from potential bidders in a sale that could value Hugging Face at $13 billion or more, according to people familiar with the matter. The discussions remain exploratory, and no deal has been reached. That distinction matters. A sale process
Key Takeaways: OpenAI CEO Sam Altman is drawing attention to a risk that accompanies the technical dangers usually associated with artificial intelligence: the possibility that control over advanced systems becomes ...