British university spinoff Mindgard protects companies from AI threats
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British university spinoff Mindgard protects companies from AI threats

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these […]

© 2024 TechCrunch. All rights reserved. For personal use only.

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Perplexity has reportedly closed a $500M funding round
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Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as […]

© 2024 TechCrunch. All rights reserved. For personal use only.

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

A bad experience with an accounting firm spurred this founder to start Aiwyn
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A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z
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Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
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In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.  This new funding comes just four months after Anysphere raised its $60 million Series […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.  This new funding comes just four months after Anysphere raised its $60 million Series
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Backed by a16z and NEA, Backflip raises $30M Series A to turn text into AI-generated designs
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Backed by a16z and NEA, Backflip raises $30M Series A to turn text into AI-generated designs

Led by Markforged veterans and backed by a16z, Backlip has raised $30M to democratize product design thanks to AI.

© 2024 TechCrunch. All rights reserved. For personal use only.

Led by Markforged veterans and backed by a16z, Backlip has raised $30M to democratize product design thanks to AI.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

$25 billion valuation Chime takes another step towards an IPO
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$25 billion valuation Chime takes another step towards an IPO

Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut.

© 2024 TechCrunch. All rights reserved. For personal use only.

Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Decart adds $32M at a $500M+ valuation to build AI tech and ‘open world’ apps
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Decart adds $32M at a $500M+ valuation to build AI tech and ‘open world’ apps

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight.  Decart is building what its CEO and co-founder Dean Leitersdorf describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer […]

© 2024 TechCrunch. All rights reserved. For personal use only.

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight.  Decart is building what its CEO and co-founder Dean Leitersdorf describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Microrobots and the ‘lazy agent problem’: Swarm study demonstrates a solution
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Imagine trying to move a heavy piece of furniture with a group of people. Everyone’s effort matters, but how do you ensure that each person is pulling their weight? This challenge of fairly distributing the load is a critical issue not only in human teamwork but also for coordinating robotic swarms.Imagine trying to move a heavy piece of furniture with a group of people. Everyone’s effort matters, but how do you ensure that each person is pulling their weight? This challenge of fairly distributing the load is a critical issue not only in human teamwork but also for coordinating robotic swarms.[#item_full_content]

With Neverless, former Revolut execs want to make meme coins easy to buy
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With Neverless, former Revolut execs want to make meme coins easy to buy

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Phuc To […]

© 2024 TechCrunch. All rights reserved. For personal use only.

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Phuc To
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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