Reflection AI, the Nvidia-backed startup founded by former Google DeepMind researchers, has unveiled Beam, its first open-weight model. Beam is built for coding, reasoning and agentic work. Reflection will release its weights later this month, the comp…
Reclinker, a startup that turns demolition waste back into cement, has raised £10m in a Series A round. It will use the money to move from trials to full commercial production in Cardiff. The company said on Monday that its process cuts cement’s emissi…
Kanu AI has come out of stealth with $11.7m in funding. The Seattle startup builds software that runs inside a customer’s own cloud. Accel, BMW i Ventures and a16z speedrun joined a round led by Trilogy Equity Partners, the company said in a statement …
Restate, a Berlin startup founded by the creators of Apache Flink, has raised a $20m Series A. It builds infrastructure that keeps AI agents and backend software running through failures. Singular led the round, with Redpoint Ventures and Capital One V…
Metaview, a London and San Francisco startup that builds AI agents for recruiting, has raised a $60m Series C led by Insight Partners. GV, Intrepid Growth Partners, Seedcamp, Vertex Ventures US, Plural and Garuda Ventures also took part, the company sa…
GMI Cloud, a Mountain View company that rents out Nvidia GPU servers, has raised $668m in new financing, the company said on Wednesday. That is $223m of Series B equity and a $445m credit facility. The Taiwanese bank CTBC led the credit facility. ARCHI…
CScale, a Palo Alto startup building optical interconnect for AI data centres, has come out of stealth with $145m in Series C funding. The round takes its total funding to $188m, the company said in a statement on Wednesday. Atreides Management led the…
Alex Stamos has joined Cognition, the maker of the Devin AI coding agent, as its chief information security officer. He announced the move in an article on X on Tuesday, titled “Why I’m joining Cognition”. “There are real safety and security issues rai…
ElevenLabs is now worth $22bn, double its $11bn valuation in February. Employees and existing investors sold $300m of shares, the voice AI company said in a blog post on Wednesday. Wellington Management and T. Rowe Price led the deal. Six investors bou…
Manus, the AI agent startup founded in China and now based in Singapore, launched Manus 2.0 on Monday. It also released Cue, a standalone app for personal AI agents. In Cue, each agent gets its own email address, phone number, wallet and computer, the …