AI & RoboticsNews

Scimplify raises $25M to challenge China’s grip on critical materials with AI

As manufacturers across industries strive to reduce their reliance on Chinese suppliers, Indian startup Scimplify has raised $25 million to expand its AI-powered approach to producing specialty chemicals and critical materials, with semiconductors, defense, and energy emerging as key growth markets. The all-equity strategic round was led by Hitachi Ventures, with customers Henkel and Teknor Apex…
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AI & RoboticsNews

Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy

Only five years into its journey, Character.AI, which lets users create AI characters and have conversations with them, has filed for Chapter 11 bankruptcy, following a slew of lawsuits and struggles to scale its popular platform. In a court document, the company said it had assets and liabilities between $50 million and $100 million. “Over the past year, Character.ai has taken meaningful…
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AI & RoboticsNews

Former Plaud exec raises $26M for AI app that listens to you in the background

One of the core promises of AI is that the more it knows about a person, the better it will be able to assist them with tasks and make appropriate suggestions, which, if you’ll believe the tech companies, requires apps and devices to listen, watch, or record users’ activity all the time and gather all possible context. There’s obviously privacy and data security concerns with…
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AI & RoboticsNews

Anthropic can’t reliably control its AI agents. It’s cutting off its internal evals from the live internet instead

Anthropic said its models exploited websites on the internet, including some run by U.S. government agencies, and it will turn off live internet access for all of its internal evaluations until the frontier lab is sure it can monitor and control its AI agents. The incidents, disclosed in a blog post, involved AI agents tasked to solve problems seeking resources on the internet. In the process…
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