Obsidian Security hits a $1.1bn valuation as AI reshapes the threat

Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn va [...]

Your next privacy breach might not leak any data at all

For decades, protecting privacy has meant one thing: stop personal data from leaking out. Gartner thinks that idea is about to break. By 2029, most privacy incidents will come not from leaked personal [...]

Disney’s new CEO wants to turn Disney+ into a ‘super app’ to take on Netflix

Disney’s new chief executive wants to rebuild its streaming service into something bigger than a place to watch films. Josh D’Amaro, who took over from Bob Iger in March, is exploring turning Disn [...]

Everyone’s building a ‘GPT for cells.’ Relation’s bet is manufacturing the data to train it.

The race to build an AI “foundation model of the cell” has a fuel problem. The biological data needed to train one is scarce, messy and inconsistent. Relation Therapeutics thinks the answer is to [...]

AI agents are about to run the enterprise. Onyx raised $113M to keep a human in the loop.

Enterprises are handing more of their work to AI agents. Onyx Security just raised $113m to make sure a human can still say no. The Israeli startup’s Series B, led by Bessemer Venture Partners, valu [...]

Procore’s AI could read the blueprints. For $845M, it just bought eyes on the site.

Procore’s AI can read a construction project’s paperwork. Now it is paying $845m to give that AI eyes on the actual site. The construction-software company said it will buy DroneDeploy, a reality- [...]

AEREDIUM’s New Patent Wants to Replace Quarterly Stablecoin Audits With AI That Never Stops Watching

The stablecoin industry has long relied on a familiar trust model: accounting firms periodically review reserve balances and publish attestations weeks after the underlying data was collected. For an [...]

Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.

Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomb [...]

EY built an ‘AI router’ to stop its own AI bills from spiralling

EY has built what it calls an “AI router,” a system that steers each task to the cheapest model that can handle it, in an effort to keep its own soaring AI bills under control. The tool, reported [...]