Hebbia, an AI startup revolutionizing how knowledge workers use AI, has secured $130 million in Series B funding to continue the development of its innovative platform that allows users to instruct AI agents to complete complex tasks with full transparency.
Phaidra and Vaire Computing raise funds for more energy-efficient computing; Figma was accused of plagiarism; Perplexity AI has been unethically scraping the web; Meta released and previewed more research artifacts; Meta's subscription model is DMA non-compliant; and much more.
Robotics startup Cartken is carving out a unique niche in the autonomous vehicle industry with its versatile delivery robots that can operate seamlessly in indoor and outdoor environments, attracting significant investor interest and finding applications across various sectors.
Female Foundry has partnered with Google Cloud to launch the Visionaries AI Incubator, a six-week program to accelerate growth for innovative, AI-focused female-led startups in Europe from Pre-Seed to Series A stages.
Roboat, an MIT and AMS spin-out, has developed AI-powered autonomous vessel technology for various applications, including ferries and water taxis, and recently secured €550,000 in funding to expand its presence in the autonomous shipping market.
Meta has released pre-trained code completion models licensed for research use. The models were trained using a novel multi-token prediction approach, which improves performance and inference speed without additional training time or memory overhead.
ElevenLabs has launched a free AI Voice Isolator allowing creators to remove ambient noise from various content types, producing studio-quality speech output with promising initial results and plans for API access and real-time streaming support.
Swiss-based Squirro has acquired US company Synaptica, combining generative AI with knowledge graph technology to enhance enterprise AI solutions, particularly in improving the accuracy and capabilities of Retrieval Augmented Generation (RAG) for mission-critical applications.
Salesforce has developed two compact AI models, xLAM-1B and xLAM-7B, using an innovative APIGen pipeline for high-quality data curation, resulting in models that outperform much larger competitors in function-calling tasks and show promise for on-device AI applications.
Cloudflare has introduced a new feature allowing all users, including those on the free tier, to easily block all AI bots by leveraging its advanced detection methods for disguised bots. Cloudflare has also launched tools enabling all users to report bot activity not blocked by the service.
Altrove, a startup founded in 2024, has raised €3.7 million to develop sustainable alternatives to rare earth elements using AI-driven material recipe optimization and characterization, differentiating itself by focusing on creating and testing materials rather than just predicting them.
Meta has developed a fast, high-quality 3D asset generation pipeline called Meta 3D Gen, combining text-to-3D mesh and texture generation models, which outperforms alternatives and is likely intended to support content creation for Meta's virtual reality platform.