Insider Brief PRESS RELEASE — Lucid Bots, the leading platform for autonomous exterior cleaning in the United States, announced it has raised an oversubscribed $20 million Series B round co-led by Cubit Capital and Idea Fund Partners, with participation from Taylor Rhodes, WaterStone Impact Fund, and Front Porch Ventures, in addition to existing investors. The […]
Insider Brief PRESS RELEASE — Shield AI announced it is raising $1.5 billion in Series G funding at a $12.7 billion post-money valuation and $500 million in fixed-return preferred equity financing. The Series G is led by Advent International and co-led by the Strategic Investment Group of JPMorganChase’s Security and Resiliency Initiative, with participation from existing investors […]
Cohere has introduced Transcribe, its first open-source automatic speech recognition model, marking an expansion into AI voice technology for enterprise and developer use. Designed for tasks such as note-taking and speech analysis, the model is optimized for deployment on consumer-grade GPUs and supports 14 languages, including English, Chinese, Arabic, and Japanese. The 2-billion-parameter model delivers […]
Doss has raised $55 million in Series B funding co-led by Madrona and Premji Invest, with participation from Intuit Ventures and other investors, as it advances its AI-driven approach to enterprise resource planning. Founded in 2022 and led by CEO Wiley Jones, the company is positioning itself as an AI-native inventory management layer that integrates […]
Hark, a new AI lab founded by entrepreneur Brett Adcock, has outlined plans to develop a fully integrated AI system combining models, hardware, and interfaces into a unified personal intelligence platform. The company is focused on building multimodal systems capable of seeing, listening, and interacting in real time, while maintaining persistent memory of user activity […]
Mistral has introduced Voxtral TTS, a new open-source text-to-speech model designed for enterprise voice applications, positioning the company in direct competition with ElevenLabs, Deepgram, and OpenAI. The model supports nine languages, including English, French, German, Spanish, Dutch, Portuguese, Italian, Hindi, and Arabic, and is built for deployment across edge devices such as smartphones, laptops, and […]
U.S. Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez have introduced legislation to halt the construction of large-scale data centers tied to AI expansion, proposing a ban on new facilities exceeding 20 megawatts of peak power until comprehensive federal regulation is established. The proposal reflects rising concern over the rapid buildout of AI infrastructure, with the […]
Mirage, formerly known as Captions, has secured $75 million in growth financing from General Catalyst’s Customer Value Fund as it expands its focus on AI-driven video creation. Led by co-founder and CEO Gaurav Misra, the company has repositioned itself as an AI lab developing models for advertising and marketing, including systems optimized for pacing, framing, […]
Insider Brief PRESS RELEASE — Shepherd, the AI-native commercial insurance platform, announced a $42 million Series B round led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures and additional investors. The raise brings Shepherd’s total funding to $67 million. Shepherd has grown revenue more than 7x over the past 24 months, insuring over $400 […]
Google has announced two major advancements in its AI portfolio, spanning generative media and core infrastructure efficiency. The company introduced Lyria 3 Pro, an upgraded music generation model that enables users to create tracks up to three minutes long, significantly extending the capabilities of its predecessor. The model offers enhanced creative control, allowing users to […]