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Policy Security

China security ministry warns AI can threaten political and cyber security

China's Ministry of State Security warned that AI poses risks to the country's political and social security, including cyber defenses, in what the Financial Times described as its first statement on the technology. The warning signals growing official concern over how rapid AI advances could be used against China.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

Wabi raises $55 million at $1.25 billion valuation

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.

Capital
Capital

Solink raises more than $100 million for AI video software

Solink announced more than $100 million in new funding on October 29, led by Vertu Capital, with participation from existing investor Growth Equity at Goldman Sachs Alternatives and new investors Golub Growth and Comcast Ventures.

Capital
Capital

Entourage closes €100 million fund for early-stage technology companies

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.

Capital
Capital

Kalshi raises $1B at $40B valuation

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.

Capital Security
Capital Security

Auriga closes €80 million toward second cybersecurity fund

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.