Archive
Tag: AI Startups
Salesforce Acquires AI Automation Startup Convergence to Bolster Its Agentforce Platform
Salesforce has announced that it has entered into a definitive agreement to acquire Convergence.ai, a startup building AI automation software. The deal terms were not disclosed, but Salesforce stated that the Convergence “team and technology” would help enhance its Agentforce platform. “The next wave of customer interaction and employee productivity will be driven by highly […]
Betaworks Bets AI’s Real Value Will Be Won at the Interface
Betaworks thinks the next big opportunity for AI lies in applications, thanks to the groundwork laid by the flood of investment in AI models and infrastructure. To capitalize on this thesis, the venture firm has hosted AI “camps”—theme-based accelerator cohorts supporting early-stage startups—to look for the next AI app unicorn. On Tuesday, it announced the […]
Augment Unveils New AI Agent Built for Large Codebases and Context-Rich Development
Augment has developed a new AI agent designed to address one of software development’s toughest challenges: working with large, complex codebases. This vibecoding-supportive chatbot supports memory and model context protocol (MCP) and can handle up to 200,000 context tokens. “Until now, no AI coding platform has specifically targeted the challenges software engineering teams face working […]
LinkedIn Acquires Tumult Labs Team to Strengthen AI Agents and Privacy Tech
LinkedIn has announced the acqui-hire of Tumult Labs, a startup that provides privacy-preserving data analytics for enterprises. The deal’s financial terms were not disclosed, though Tumult Labs says it will sunset “its current form” within the next 90 days. Only a portion of the Tumult Labs team will join LinkedIn—not the entire company or its technology. LinkedIn’s […]
Luma AI Introduces Ray 2 Model, Enabling Video Creation from Text and Images in Seconds
Weeks after releasing its Photon text-to-image model, Luma AI shows no signs of slowing down. The creator of the popular generative AI platform Dream Machine announced at AWS’ re:Invent conference the launch of its Ray 2 model, which it boasts can produce videos using text and images, all in under 10 seconds. High-Quality Video From […]
Luma AI Releases Its Photon Text-to-Image Model, Unveils Dream Machine Subscription Plan
Luma AI, the startup known for Dream Machine, is introducing Photon, a new text-to-image foundation model designed for professionals, creative artists, small businesses, and educators. Boasting speeds and costs 800 percent better than comparable models, Photon aims to bring the success it found with video generation to other visual areas. Alongside the launch, Luma AI […]
Fastino Secures $7 Million in Funding to Develop GPU-Free, Task-Oriented LLMs
Fastino, a San Francisco-based startup specializing in foundation AI models, has emerged from stealth. The company wants to provide task-oriented language models that are “more accurate, faster, and safer” than the industry-leading LLMs. To further this goal, it has raised $7 million in pre-seed funding in a round led by Insight Partners and Microsoft’s M12 […]
Workgrounds Raises $2.6 Million to Streamline Hotel Room Block Management With AI
Serial entrepreneurs Nikhil Sethi and Garrett Ullom have founded an AI startup to improve hotel room bookings. Called Workgrounds, it promises to automate the manual processes surrounding corporate group travel with its “end-to-end stack.” The company has raised $2.6 million in pre-seed funding to accelerate its mission, with participation from Oceans Ventures, Hannah Grey, Volo […]
Augment Code Unveils AI-Powered Coding Tool to Challenge GitHub Copilot’s Dominance
Six months after raising a $227 million Series B round of funding, Augment Code is finally revealing its secret: it’s building an alternative to GitHub’s Copilot. It’s billed as a developer AI made for teams capable of understanding codebase and how engineers build software. “Our deep understanding of our customer’s software and how it is […]
The Startup Converting Your Company’s Data Into Actionable Intelligence
I love speaking with entrepreneurs to understand better what they’re building and how it’ll impact our lives—it’s why I became a journalist. And some have fascinating stories that I’m glad I can tell, like with Bem. This is an early-stage data infrastructure company developing a solution many companies might have that could define a new […]