Insider Brief Locus Robotics has acquired Vancouver-based Nexera Robotics as the warehouse automation company moves deeper into AI-driven robotic picking and manipulation. The company said the deal brings Nexera’s NeuraGrasp technology into Locus’ broader physical AI platform as the company expands the capabilities of its Locus Array fulfillment system. “The frontier of warehouse robotics today […]
Insider Brief Faraday Future announced securing $25 million in new financing as the company continues its push into robotics, bringing total funding raised over the past two months to $70 million. Faraday Future secured $45 million in financing in April, with $15 million immediately available and the remaining funds tied to future installments. The California-based […]
SandboxAQ, the Alphabet spinout chaired by former Google CEO Eric Schmidt, has partnered with Anthropic to embed its large quantitative models directly into Claude, making powerful drug discovery and materials science tools accessible through a natural language interface for the first time. The company’s proprietary LQMs are physics-grounded AI models trained on real-world lab data […]
Anthropic has acquired Stainless, a New York-based developer tools startup founded by former Stripe engineer Alex Rattray, in a deal reported to be worth more than $300 million. The acquisition removes a critical piece of shared AI infrastructure from competitors, as Anthropic confirmed it will wind down all hosted Stainless products and restrict access exclusively […]
Ian Crosby, the founder ousted from collapsed accounting startup Bench, has raised $10 million in seed funding for a new venture called Synthetic, which aims to build a fully autonomous AI bookkeeper capable of generating accrual-based financials without human involvement. The round was led by Khosla Ventures, with participation from Basis Set Ventures and Shopify […]
Wirestock, which originally helped photographers sell work through stock platforms, has raised $23 million in a Series A led by Nava Ventures, with participation from SBVP, Formula VC, and I2BF Ventures, after pivoting to become a multimodal AI training data supplier. The company, led by co-founder and CEO Mikayel Khachatryan, now sources images, videos, design […]
A California jury of nine delivered a unanimous verdict against Elon Musk’s lawsuit targeting OpenAI, Sam Altman, Greg Brockman, and Microsoft, finding that any harms Musk may have suffered predated the legal deadlines for filing his claims. The verdict ends one of the most high-profile legal challenges in AI history and removes a significant restructuring […]
Amazon has launched Alexa Podcasts, a new feature within Alexa+ that generates custom audio podcast episodes on demand using AI, marking a significant step toward positioning the voice assistant as a personalised AI content platform rather than a simple query-and-response tool. Users can request an episode on any topic, after which Alexa+ autonomously researches the […]
Insider Brief PRESS RELEASE — GovWell, the AI operating system for modern government, has announced it has raised $25 million in Series A funding led by global software investor Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The round also includes investment from three GovTech industry leaders: David Reeves (former President and CRO of […]
Insider Brief PRESS RELEASE — Iceotope Group, the leading provider of precision liquid cooling technology solutions, announced the close of a $26M series B funding round. The investment was led by Two Seas Capital and Barclays Climate Ventures along with participation by existing investors Edinv, ABC Impact, Northern Gritstone and British Patient Capital. Iceotope will use the funding […]