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For programs written for classic computers, software developers receive bug reports, monitor for security breaches, and send out regular software updates that fix bugs, increase performance and at times add new features. It has uses in threat detection – airport security, banks, and sporting events. AI in National Security.
Therefore, all progress depends on the unreasonable man” George Bernard Shaw NEW FUNDING ROUNDS Congratulations Yotam Segev and team Cyera on your impressive $300M series D, doubling the company’s value to $3 billion to be the Crowstrike of data security! series A to help authors self-publish their books with the help of AI!
Management Layer : Critical functions include managing AI agents, securing permissions, and enabling payments. Data Layer : AI agents will rely on both exclusive private data and public datasets. When it comes to GenerativeAI, the incumbents are not resting on their laurels. Google is also leaning in on AI Agents.
Cohere debuted Command-A , a generativeAI model aimed at complex enterprise tasks that can run on minimal compute. billion and Sony is experimenting with AI-powered characters on Playstation. Clarke NEW FUNDING ROUNDS Congratulations Arik Shtilman and team Rapyd on securing $500M series F at $4.5M on your $7.5M
Congratulations Elad Raz and team NextSilicon for coming out of stealth with a $100M series C round (and over $300M raised to date) to create the next generation of AI semiconductors, starting with Maverick 2! Fantastic news Ben Kliger and team Zenity on securing a $38M series B to secure enterprise copilots!
Bach (1970) from JONATHAN LIVINGSTON SEAGULL NEW VENTURE ROUNDS Congratulations Guy Podjarny and team Tessl on your impressive $125M in funding unveiled ($25M seed and $100M series A ) for your AI coding platform ! on securing a $13.3M seed extension) to scale your AI-based video ad optimisation! Asaf Yanai and team Alison.ai
To add more heat, Microsoft launched generativeAI search results for Bing. Mistral AI released two new open-source LLM models (Nemo in partnership with NVIDIA ) and Large 2. AI at Meta launched LLaMa 3.1, Great news Merav Bahat and team Dazz on your $50M series B to accelerate AI-powered cloud security remediation!
In the wider tech world, GenerativeAI startups raised $14.4B There’s been huge progress in AI in the past two weeks including new models from Meta , Google DeepMind , OpenAI searchGPT and voice models, Hugging Face SlolLM. .” Nice job Shmuel Bachinsky and team Quantum Transistors on securing $17.5M
A new report on the Israeli startup ecosystem (see links section below), suggests that 657 startups will need to secure funding soon, with 431 requiring immediate capital to survive. Kudos Roi Tiger on raising a rumoured $20M seed round for a new cybersecurity startup still in stealth! We must #BRINGTHEMHOME NOW ??
Well done Dani Cherkassky and team Kardome on securing a $10M series A for spatial hearing AI technology! Mazel tov Yehuda Vidal and team Lidwave on securing a $10M seed round for 4D LiDAR-on-chip technology! Way to go Chalom Malka and team Siit on securing a $5M seed round to redefine internal service desk and ticketing!
Flash , and announced it will launch an ‘ AI search mode ‘ to compete with new rival chatbots. Databricks secured a new $10B funding round at a $62B valuation and Perplexity raised $500M at $9 billion valuation. Good stuff Ronel Veksler MD, PhD and team Promise Bio on securing an $8.3M
Ralph Waldo Emerson NEW FUNDING DEALS Big congrats Shay Sandler and team Vega Security on raising $65M in two successive funding rounds for a more effective approach to cyberattack detection! Congratulations Shachar Bialick and team Curve on securing a $48M series D to simplify the way people spend, send, see and save money!
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