It takes a particular kind of dysfunction for an employee to hijack a company-wide livestream and demand the hosts pass a message to a senior executive: that he is, in not so many words, garbage. That happened inside Meta this month. According to a rec…
Adobe has spent two years bolting AI onto its software. This week it tried to become the AI layer underneath everything creative and marketing, in five announcements stretched across three days. The headline is an agent inside the apps. The rest of the…
Accenture had the worst day in its history on the stock market on Thursday, and the reason cuts to the heart of the AI era: investors increasingly fear that AI will hollow out the consulting business itself. Shares fell as much as 20 per cent, the comp…
Yann LeCun has never been quiet about his doubts, and his latest target is one of the most valuable companies on earth. Elon Musk’s xAI is “kind of a failure” that will not be able to compete on the frontier with OpenAI and Anthropic, LeCun, the founde…
The defence-tech land grab has a new front, and it sits above the drones and sensors that get the headlines. Comand AI, a Paris startup building AI software for military command, has raised a €32mn Series A led by Blossom Capital, with a strategic inve…
Almost every AI tool aimed at the NHS is built for clinicians. Frontier Health raised $16M to build for the people behind them. The London startup announced a $16M seed round led by Atomico, with firstminute capital and XYZ Venture Capital also taking …
Baseten is finalising a $1.5bn funding round that values the company at up to $13bn. The structure is almost as notable as the size. The round is dual-tiered, with some investors buying in at an $11bn valuation and others at $13bn, according to the com…
ByteDance has generally been Microsoft’s single biggest AI customer in recent years, and it is on track to spend more than $1bn a year on Microsoft’s AI and cloud services, Bloomberg reports. The striking part is what the TikTok owner is mostly buying:…
As new data center buildouts hit planning walls and AI inference providers hike costs, is the future of AI to roll your own models?
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NeuralTrust, a Barcelona startup, has raised $20mn to secure the AI agents that big companies are now deploying faster than they can keep track of. The seed round, worth €17.2mn, was led by Munich’s Alstin Capital, with VentureFriends, Seaya, Kibo Vent…