AI & RoboticsNews

Converge Bio raises $25M, backed by Bessemer and execs from Meta, OpenAI, Wiz

Artificial intelligence is moving quickly into drug discovery as pharmaceutical and biotech companies look for ways to cut years off R&D timelines and increase the chances of success amid rising costs. More than 200 startups are now competing to weave AI directly into research workflows, attracting growing interest from investors. Converge Bio is the latest company to ride that shift, securing…
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AI & RoboticsNews

A New Jersey lawsuit shows how hard it is to fight deepfake porn

For more than two years, an app called ClothOff has been terrorizing young women online – and it’s been maddeningly difficult to stop. The app has been taken down from the two major app stores and it’s banned from most social platforms, but it’s still available on the web and through a Telegram bot. In October, a clinic at Yale Law School filed a lawsuit that would take…
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AI & RoboticsNews

How the Sleepbuds maker, Ozlo, is building a platform for sleep data

Ozlo, the maker of comfortable, easy-to-use Sleepbuds that drown out outside noise so you can get better rest, is turning its product into a platform. The company’s plan began to take shape last month with the announcement of a partnership between Ozlo and meditation app Calm. But it kicked into high gear at the Consumer Electronics Show in Las Vegas this week as the company met with…
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AI & RoboticsNews

Former Bolt CEO Maju Kuruvilla’s startup triples to $100M valuation

Spangle, an AI e-commerce startup founded by former Bolt CEO Maju Kuruvilla, has raised $15 million in a new funding round, valuing the company at $100 million after the investment. Led by NewRoad Capital Partners, the all-equity Series A round comes over a year after the Seattle-based startup raised a $6 million seed round at a $30 million pre-money valuation. Madrona, DNX Ventures, Streamlined…
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