Homechevron_rightArchiveschevron_rightStartups

Archives

Explore Stories by Date

20 Feb 2025

Sanas Raises $65M for AI-Powered Real-Time Accent Translation Technology

Sanas, a startup developing AI-powered real-time accent translation technology, has raised $65 million in Series B funding to expand its Speech Understanding AI Platform and accelerate global adoption.

2 Sources

OpenEvidence Secures $1 Billion Valuation in Sequoia-Led Funding Round, Partners with NEJM

OpenEvidence, an AI-powered medical knowledge platform, raises $75 million in a Series A round led by Sequoia Capital, reaching a $1 billion valuation. The company also announces a content partnership with the New England Journal of Medicine.

4 Sources

Lambda Secures $480 Million in Series D Funding to Expand AI Infrastructure and Cloud Services

Lambda, an AI infrastructure and cloud services provider, has raised $480 million in a Series D funding round, bringing its total equity capital to $863 million. The investment will be used to enhance its cloud platform, expand GPU capacity, and develop AI software tools.

5 Sources

Crunchbase Reinvents Itself as AI-Powered Predictions Engine, Claiming Up to 95% Accuracy

Crunchbase, a leading market intelligence company, has relaunched as an AI-powered predictions engine, moving away from historical data to provide predictive insights for private markets with claimed accuracy of up to 95%.

4 Sources

Bench Accounting's AI Gamble: From Fintech Promise to Bankruptcy

Bench Accounting, a once-promising fintech startup, filed for bankruptcy after an ambitious AI implementation backfired, leaving clients in limbo and investors at a loss.

2 Sources

Sawmills Raises $10M to Revolutionize Observability Data Management with AI

Sawmills, a startup focused on telemetry data management, has secured $10 million in seed funding to help enterprises reduce observability costs and improve data quality using AI-driven solutions.

2 Sources

19 Feb 2025

Lightchain AI: A Promising Crypto Project Merging AI and Blockchain Amid Market Volatility

Lightchain AI, a new cryptocurrency project combining artificial intelligence and blockchain technology, is gaining significant attention during its presale phase, raising over $16 million despite broader market declines.

4 Sources

Glassbox Raises $1.2 Million to Revolutionize Financial Modeling with AI-Powered Spreadsheets

Toronto-based fintech startup Glassbox secures pre-seed funding to transform spreadsheets into AI-compatible platforms for financial analysis, aiming to enhance speed, accuracy, and transparency in corporate finance workflows.

2 Sources

Humane AI Pin: A Short-Lived Experiment in Wearable AI Technology

Humane's AI Pin, a wearable AI device, is being discontinued following HP's acquisition of the company. Users have until February 28, 2025, to sync and download their data before the device ceases to function.

54 Sources

Former OpenAI CTO Mira Murati Launches AI Startup Thinking Machines Lab

Mira Murati, ex-CTO of OpenAI, unveils her new AI startup Thinking Machines Lab, aiming to make AI more accessible and customizable while focusing on open science and safety.

18 Sources

Hightouch Secures $80M Funding, Reaches Unicorn Status with AI-Powered Marketing Platform

Hightouch, a marketing analytics startup, has raised $80 million in a Series C funding round, achieving a $1.2 billion valuation. The company's AI-powered customer data platform is revolutionizing personalized marketing strategies.

3 Sources

Luminance Secures $75M for AI-Powered Legal Tech Innovation

British legaltech startup Luminance raises $75 million in Series C funding to expand its AI-powered contract management and negotiation platform, highlighting the growing interest in AI applications for the legal industry.

3 Sources

Mistral AI Launches Saba: A Specialized LLM for Arabic and South Indian Languages

Mistral AI introduces Saba, a 24-billion-parameter language model tailored for the Middle East and South Asia, excelling in Arabic and South Indian languages like Tamil and Malayalam.

4 Sources

18 Feb 2025

Singulr AI Secures $10M Seed Funding to Revolutionize Enterprise AI Governance and Security

Singulr AI, a startup focused on enterprise AI governance and security, has raised $10 million in seed funding to address the growing challenges of AI adoption in businesses. The company aims to provide tools for managing AI risks, costs, and compliance.

3 Sources

Spyne Secures $16 Million in Series A Funding to Expand AI-Powered Automotive Retail Solutions

Gurugram-based Spyne raises $16 million in Series A funding to expand its AI-powered automotive retail solutions, with a focus on US market expansion and development of GenAI-powered tools.

3 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

The Outpost

News

About