Windows 11 preview adds recovery without USB media
Image: Primary
Image: Primary AI assistant startup Wabi raised $55 million at a $1.25 billion valuation, Bloomberg reported. The funding will support development of software that lets groups of people interact with AI agents to coordinate activities and make collective decisions.
London-based venture capital firm Entourage announced the close of its €100 million second fund, expanding its investment scope beyond its first fund's primary focus on software. Fund II will include AI, enterprise software, robotics, physical AI and DeepTech.
Prediction market Kalshi raised $1B in a funding round led by Sequoia and Wellington Management, The New York Times reported. The round values the company at $40B, up from $22B after its $1B raise in May. The financing is described as Kalshi's last raise before an IPO.
Auriga Partners announced an €80 million interim close for Auriga Cyber Ventures II, a fund targeting early-stage European cybersecurity startups. Backers include Bpifrance through the French National Seed Fund No. 3 and the European Investment Fund under InvestEU.
Mistral AI released the weights of its improved Mistral Large 4, a 1-trillion-parameter model that accepts multimodal input, following a public preview earlier this month. Organizations can download, customize and run it on their own infrastructure.
Dutch connectivity company Braid raised €34.13 million ($38 million) in a Series A led by Octopus Ventures, with KPN Ventures participating. The round is its first external capital since its founding in 2023 and accompanies a rebrand from Next Communications.