AI data startup WisdomAI nabs $23M with a smart way to avoid hallucinations
Rubrik co-founder Soham Mazumdar has a new data startup called Wisdom AI. It offers an agentic data analyst that works with structured, unstructured, even “dirty” data.
Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups
Multiplier raised Series A and seed funding from Lightspeed and Ribbit Capital.
Others
Mark Zuckerberg’s AI ad tool sounds like a social media nightmare
Tech executives have long talked about how AI is going to revolutionize the advertising industry. In particularly, Meta CEO Mark Zuckerberg has been quite vocal about how exactly he wants his company to lead the transformation. Speaking onstage at Stripe’s annual Sessions conference in San Francisco on Tuesday, Zuckerberg laid out his plans to automate […]
Breathe lands $21M Series B to predict battery performance
Breathe has developed a suite of tools that it says helps automakers and others get the most out of their batteries.
Netflix debuts its generative AI-powered search tool
After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday. This new search experience will utilize OpenAI’s ChatGPT to provide users with a conversational discovery experience. Users can enter their preferences using natural phrases like “I want something funny […]
Netflix is getting into short videos with a new vertical feed for mobile
Netflix announced on Wednesday that it’s currently testing a short-form video feature, signaling that even a streaming giant with over 300 million subscribers is concerned about losing viewers’ time spent on mobile to apps like TikTok, YouTube Shorts, and Instagram Reels. The company debuted the feature at its first-ever product and tech event, where it […]
Kapor Capital’s managing partner Ulili Onovakpuri is leaving the firm
Kapor Capital’s managing partner Ulili Onovakpuri said yesterday that she is leaving the firm. Onovakpuri started as a principal at Kapor Capital more than a decade ago, and rose through the ranks to become managing partner, and eventually (with Brian Dixon) took over the reins from the firm’s co-founders Mitch Kapor and Freada Kapor Klein. […]
Ox Security lands a fresh $60M to scan for vulnerabilities in code
As “vibe coding” gains in popularity and tech companies push devs in their employ to embrace generative AI tools, a platform that scans for vulnerabilities in AI-generated code has raised a fresh round of funding. Ox Security, which models risk across both AI- and human-produced code, on Wednesday announced that it closed a $60 million […]
Mitsubishi in talks to source its new EVs for Australia, New Zealand from Foxconn unit
Mitsubishi Motors is in talks with Taiwan-based Foxconn’s EV division to source an EV model for the Australia and New Zealand markets.
Amazon is working on an AI code generation tool
Amazon Web Services is building a new AI-powered code generation tool codenamed “Kiro,” Business Insider reported, citing internal documents it had viewed. The tool can use prompts and existing data to generate code in “near real-time” by connecting with AI agents, the report said. The tool is said to have web and desktop apps, multimodal […]
OpenAI expects to cut share of revenue it pays Microsoft by 2030
OpenAI currently has a deal to share 20% of revenue with Microsoft, but the AI company expects to cut that share to 10% by 2030, The Information reported.