Pronto has raised $11 million in an all-equity Series A round co-led by General Catalyst and Glade Brook Capital at a post-money valuation of $45 million.
Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent McKinsey report. One concern is explainability – understanding how and why AI makes certain decisions. While 40% of respondents view it as a significant risk, only 17% are actively addressing it, per the report. […]
This marks the first investment for Slow’s $60 million Creator Fund since its launch in February. The fund looks to help creators launch businesses, under the belief that what made them successful influencers is what can also make them a good founder.
Experts tell Entrepreneur that rates could drop in late 2026, though pandemic-period rates below 3% will most likely never happen again in our lifetimes.
A global law enforcement coalition targeted the infrastructure of the group behind the Royal and BlackSuit ransomware strains, allegedly responsible for extorting victims out of $370 million since 2022.