Hyphenate raises $45 million for business finance AI agents
Hyphenate Inc. has raised $45 million in a funding round led by Nexus Venture Partners, Bloomberg reported. The financing supplies capital for the company's effort to create AI agents that can run finances for businesses....
General Compute raises $100 million for inference cloud infrastructure
General Compute raised $100 million in Series A funding led by Blackbird Ventures and Abstract Ventures, valuing the company at $800 million post-money, TechCrunch reported. A customer deal worth $100 million in annual recurring r...
Simplismart raises $14 million with Nvidia backing for AI inference software
Simplismart has raised a $14 million Series B led by Dallas Venture Capital, with Nvidia, Accel, Shastra VC and Micromax participating, TechCrunch reported. The all-primary round values the Indian startup at about $100 million, in...
Infineon plans €1.1 billion expansion of Austrian power chip factory
Infineon Technologies will spend €1.1 billion ($1.2 billion) over eight years to expand its key power chip factory in Austria, Bloomberg reported. The investment targets growing demand for energy-efficient semiconductors used in A...
Warp discloses vendor breach affecting agent logs and telemetry
Warp disclosed that an attack on a third-party infrastructure vendor exposed AI agent decision logs and user telemetry, BleepingComputer reported. CEO Zach Lloyd estimates that roughly 1% of users may have been affected. Lloyd sa...
OmniSync says TurboInnovate deployment enables sensitive defense acquisition work
OmniSync said its TurboInnovate market intelligence platform has been deployed in an Impact Level 5 authorized environment, enabling Department of War workflows involving Controlled Unclassified Information. The Chief Digital and ...