AI & RoboticsNews

AI risk management startup ValidMind raises $8.1M to help banks comply with regulations

March 28, 2024
ValidMind, a startup focused on AI and model risk management for financial institutions, announced today that it has raised $8.1 million in seed funding. The round was led by Point72 Ventures, with participation from several other venture capital firms. The new capital comes as banks face growing pressure to expand their use of AI, while ensuring these technologies comply with regulations.
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AI & RoboticsNews

Activeloop nets $11M to give enterprises a better way to leverage multimodal data for AI

March 27, 2024
California-based Activeloop, a startup offering a dedicated database to streamline AI projects, today announced it has raised $11 million in series A funding from Streamlined Ventures, Y Combinator, Samsung Next (the startup acceleration arm of the Samsung Group) and multiple other investors. While there are several data platforms out there, Activeloop, founded by Princeton dropout Davit…
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AI & RoboticsNews

Exclusive: Foundational emerges from stealth with $8 million to tackle data quality and AI readiness challenges 

March 26, 2024
Foundational, a startup aiming to bring order to the chaos of modern data infrastructure, announced today that it has raised $8 million in seed funding led by Viola Ventures and Gradient Ventures, Google’s AI-focused investment fund, with participation from angel investors and other venture firms. The company’s platform automatically maps and analyzes data teams’ code to identify potential…
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AI & RoboticsNews

Candy Crush Saga brings the Power of AI

March 22, 2024
A duo of King product and research directors spoke at the Game Developers Conference today about how AI transformed automated level creation in Candy Crush Saga. King has had an interesting journey in implementing and using AI to create business value; it has investing in…
AI & RoboticsNews

The AI beat goes on…with a farewell | The AI Beat

March 22, 2024
Last weekend I flew to San Francisco, preparing for several days of immersion into all things Nvidia and AI. I needed to muster all of my energy for the company’s annual GTC conference, but I didn’t sleep in. I shrugged off my jet lag and headed down to Monterey for two days to commune with sea lions and otters — call it a Red Bull-style shot of actual nature and wildlife before joining the…
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