JPMorgan deploys $230 billion in economic security financing
JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...
Town raises $108m at $1bn valuation for workplace AI assistants
Town announced a $108m Series B on Monday at a $1bn valuation, co-led by Forerunner Ventures and Menlo Ventures. Existing investors a16z and First Round Capital also participated. The startup connects individual AI assistants to ...
AI companion startup Tolan raises $30 million
Tolan has raised another $30 million from investors including Union Square Ventures, Khosla Ventures and Homebrew, TechCrunch reported, citing Upstarts Media. The round doubles the AI companion startup's total funding; its new val...
Prism Data raises $20 million for credit risk analytics
Prism Data raised $20 million in Series A funding led by Story Ventures, CEO Jason Rosen told Axios. The company provides credit-scoring data and analytics that use bank transaction data to help lenders assess borrowers' credit ri...
NexTech Solutions acquires Halcyon Days, adding more than 90 specialists
NexTech Solutions has acquired Halcyon Days Consulting, adding more than 90 engineers, operators and mission specialists to its defense technology business. The acquisition expands its tactical networking capabilities for U.S. mil...
Pentagon technology chief backs export controls to compel AI lab cooperation
Pentagon technology chief Emil Michael said the US government can use export controls against AI companies that do not cooperate with it, in an interview with The Information reported by The Next Web. He said Anthropic came under ...