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Across 157 enterprises, organizations are granting AI agents more autonomy while trusting the evaluations meant to gate that autonomy less. Half have already shipped an agent that passed their internal evaluations and then failed a customer in production; only one in twenty fully trusts automated evaluation today; and the most-cited weakness is that evaluations do…
Wellumio, a Wellington, New Zealand-based provider of a portable brain imaging solution for point-of-care stroke detection, raised $9.75M in Pre-Series A funding. The round was led by Nuance Connected Capital, with participation from Bioshore Ventures, Jumpspace Ventures, Icehouse Ventures, NZ Growth Capital Partners, Pacific Channel, Booster, Cure Kids Ventures, Flying Kiwi, Enterprise Angels, and others….
CuspAI has raised $450 million in Series B funding, with Kleiner Perkins and NEA leading the round. The financing values the Cambridge-based AI startup at $2.6 billion, according to Reuters’ report on the financing. The company says it will use the capital to expand its AI-powered materials discovery platform, international operations and AI Materials Foundry….
Techstars Founder and CEO David Cohen has a new book out, and this one distills two decades of pattern-spotting into a single framework for building enduring companies. “Chasing Unicorns: The Techstars Playbook for Building Billion-Dollar Startups,” co-authored with entrepreneur and investor Amir Hegazi, draws on Techstars’ work with more than 5,000 startups to answer a…
Stablecoin issuer Circle surged after the U.S. Office of the Comptroller of the Currency, or OCC, granted it approval Friday to operate as a trust bank, the company said. Shares of the company were off their earlier highs but up 5%. The approval gives the company the ability to manage reserves directly for its regulated…
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