AI & Robotics

Amid growing demand for data centers that can deliver AI compute at scale, Nvidia-backed British AI infrastructure company Nscale is now valued at $14.6 billion. This makes it one of Europe’s latest decacorns alongside Helsing and Mistral AI. Nscale has bet on vertical integration, from energy and data centers to compute and orchestration software. Its new valuation stems from a $2 billion…

City Detect, a company that uses vision AI to help local governments monitor the health of buildings and neighborhoods, announced on Friday a $13 million Series A round led by Prudence Venture Capital. The startup launched in 2021, and Gavin Baum-Blake, the remaining co-founder, serves as CEO. He said the company was founded in part because cities were struggling to deal with “urban blight and…

Lio’s co-founders know firsthand that procurement – the process enterprises use to purchase services from vendors – is often a bottleneck. Vladimir Keil, the company’s co-founder and CEO, had experienced this problem as an employee inside a large company and then again while building his first startup. “When we were selling enterprise software, we had to go through procurement ourselves…

John Davie wanted Buyers Edge Platform, the hospitality procurement enterprise he founded and still leads, to benefit from the AI wave. When he looked around, the CEO wasn’t satisfied with the options. The answer was CollectivIQ, a Boston-based company incubated at Buyers Edge Platform that gives users more accurate answers to their AI queries by showing them responses that pull information…