CloudNC has raised $20 million to enhance its AI-driven precision machining technology in global supply chains. The funding round, led by Nimble Ventures and supported by Calculus Venture Capital, Entrepreneur First, and Lockheed Martin’s LM Ventures, will allow CloudNC to scale its operations. Founded in 2015 and based in London, CloudNC aims to address the […]
On August 4, Grant De Swardt, a freelance AI consultant based in East Sussex, U.K., noticed unusual activity with his Claude Max 20x account. Despite not working that day, he observed an increase in token usage. The following day, after disabling all integrations and not performing any tasks, his token consumption still rose—confirming something was […]
AI is rapidly transforming the world, not only by altering existing technologies but also by creating a new lexicon that describes these advancements. In discussions around artificial intelligence today, terms like LLMs, RAG, RLHF, and even “opaque recurrence”—a reasoning technique recently introduced by OpenAI’s new Astra model—are becoming commonplace. This evolving vocabulary can leave even […]
Some authors who are supposed to receive their share of Anthropic’s $1.5 billion copyright settlement have received unexpected notifications: other parties are claiming a share of their payments. This situation arises from Anthropic’s settlement of a copyright class action suit last year, where a court determined that using copyrighted material to train AI models was […]
M&T Bank has expanded its implementation of AI copilots to over 15,000 employees, enhancing various aspects of its operations, customer service, software development, and risk management. The bank’s use of AI extends to analyzing call center conversations, drafting reports, generating code, identifying customer needs, and flagging portfolio risks. Previously, M&T limited employee access to public […]
XDOF, a startup specializing in collecting real-world teleoperation data to train general-purpose robots, is in talks to raise a Series B round at a valuation of approximately $1.2 billion. The company has gained remarkable traction in a mere three months since emerging from stealth mode, supported by a previous Series A funding of $70 million. […]
OneRail has introduced an innovative AI delivery platform called OmniSTAR, leveraging Nvidia technology to optimize last-mile delivery for retailers, wholesalers, and distributors. The system analyzes various delivery options—such as in-house fleets, couriers, and parcel carriers—to identify the most cost-effective method that meets the desired service level. OmniSTAR integrates Nvidia’s cuOpt decision optimization engine and cuDF […]
The Builders Stage is set to return at TechCrunch Disrupt 2026, offering a platform for founders, startup operators, and investors to engage in meaningful discussions about scaling and building successful companies. Scheduled for October 13-15 at the Moscone Center in San Francisco, the event anticipates participation from over 10,000 individuals in the startup ecosystem. Attendees […]
AfterQuery has reportedly achieved a valuation of $3.2 billion, making it the fastest unicorn in Y Combinator’s history. This comes just five months after the AI training-data startup secured a $30 million Series A funding round at a valuation of $300 million in April. Co-founded by two young entrepreneurs aged 22 and 23, AfterQuery’s rapid […]
The Pentagon has introduced its own versions of popular AI tools, specifically customized iterations of OpenAI’s ChatGPT and xAI’s Grok, to cater to the needs of about 3 million military and civilian personnel. These new tools, known as ChatGPT Mil and Grok for Government, are integrated into a centralized AI portal called GenAI.mil, launched last […]