Bricklayer AI Inc. announced a pre-seed investment of $2.5M to advance product development of its autonomous AI security analyst solution. The pre-seed round was oversubscribed with participation from Sovereign’s Capital, Dreamit Ventures, VIPC’s Virginia Venture Partners, BlueWing Ventures, and Blu Ventures, as well as cybersecurity industry leaders. Bricklayer AI has built the first autonomous security…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Karius Inc. secures $100 million in Series C Funding
Karius, Inc., a pioneering company in the field of infectious disease detection, has announced a substantial $100 million Series C funding round. The investment was co-led by Khosla Ventures, 5AM Ventures, and Gilde Healthcare, with participation from new investor Seventure Partners and existing backers including Softbank Vision Fund 2 and General Catalyst. This infusion of…
Unveiling the Porsche Design Magic 6 RSR: A Fusion of Elegance and Technology
In the realm of technology collaborations, the partnership between Honor and Porsche is one that stands out. The two powerhouses have joined forces once again, following the success of their special edition Magic V2, to introduce a new marvel in the world of folding smartphones—the Porsche Design Magic 6 RSR. The Birth of a New…
Nvidia’s next-gen Blackwell RTX 5080 GPU
In the ever-evolving world of graphics technology, Nvidia’s anticipated RTX 5080 GPU may not make its debut this year, contrary to the swirling rumors propelled by a notable tech leaker. However, enthusiasts have reasons to remain optimistic about the next-generation Blackwell graphics cards. A recent video by Moore’s Law is Dead (MLID) on YouTube has…
Microsoft signs record-breaking deal to power AI with renewables
Microsoft has partnered with Brookfield Asset Management in a monumental agreement to support approximately $10 billion worth of new renewable energy initiatives. This deal represents the most significant corporate investment in renewable energy to date, with the goal of meeting the increasing energy requirements of artificial intelligence (AI) technologies and data centers. A New Era…
Accenture acquires Parsionate, a renowned data consultancy firm
Accenture (NYSE: ACN) has announced the acquisition of Parsionate, a renowned data consultancy firm. This acquisition is set to fortify Accenture’s capabilities in the retail, industrial, consumer goods, and life sciences sectors across Europe. The integration of Parsionate’s expertise in data strategy and technology implementation aligns with the increasing investment in data and AI by…
Imec.xpand launches €300 million fund to propel semiconductor and nanotech startups
Imec.xpand, an independent venture capital fund, has unveiled a new €300 million fund in collaboration with imec, a leading nanoelectronics R&D center. The fund aims to invest in startups with disruptive potential in semiconductors and nanotechnology, propelling innovations that are a decade ahead. The fund’s global investments span various stages, targeting sectors like AI, ML,…
Permira to acquire majority position in BioCatch at $1.3bn valuation
BioCatch, a leader in behavioral biometric intelligence, has announced a new majority stakeholder. Permira Growth Opportunities II, advised by the global private equity firm Permira, is set to acquire a majority position in BioCatch. This strategic acquisition, valued at $1.3 billion, is poised to fuel the company’s global expansion and enhance its product innovations. Founded…
Bruin Capital acquires PlayGreen B.V.
Crescent Capital Group LP has partnered with U.S.-based private equity firm Bruin Capital to support the acquisition of PlayGreen B.V., a Netherlands-based holding company whose subsidiaries form one of the world’s leading natural turf management companies. PlayGreen is comprised of Stadium Grow Lighting (SGL) and ALVA Technology and their subsidiaries. Together, the group’s proprietary technologies…
Infobip and Nokia partner to accelerate global app development
Infobip, a leader in cloud communications, and Nokia have entered into a partnership that promises to revolutionize the developer landscape. This collaboration will empower developers worldwide to harness the combined power of both companies’ Application Programmable Interface (API) platforms, paving the way for rapid development of a diverse range of applications that leverage telco network…
BarkleyOKRP acquires Adlucent
BarkleyOKRP, a leading independent marketing firm in the U.S., has announced the acquisition of Adlucent from Advantage Solutions. Adlucent, a performance media and marketing technology company based in Austin, Texas, is known for its work with notable brands such as Zappos and The Vitamin Shoppe. This marks BarkleyOKRP’s first acquisition since the merger of Barkley…
Baselayer has raised $6.5 million in an oversubscribed seed funding round
Baselayer, a B2B platform specializing in proprietary Graph AI technology, has raised $6.5 million seed funding. The company, which boasts a seasoned team of compliance and machine learning experts, has made a remarkable entry by securing nearly 30 customers within six months, including Rho and a leading loan infrastructure system, thereby extending its potential reach…