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New York-based AI startup 1Fort announced a $7.5 million seed funding round to improve the process of small businesses obtaining commercial insurance through its AI-powered platform. The company, which saw 200% revenue growth in 2024, aims to automate cumbersome and outdated manual processes, helping millions of underserved small businesses address insurance gaps. The funding round was led by Bonfire Ventures, with participation from Draper Associates.

Figma has issued a cease and desist letter to Lovable, demanding the AI startup stop using the term "Developer Mode." Figma claims the term was successfully trademarked last year. US Patent and Trademark Office records show Figma does have a feature called "Developer Mode" in its design tool and the term is trademarked. However, the dispute is not straightforward. The term "Developer Mode" is a common standard expression in numerous software products. Apple's iOS, Google's C…

In today's generative AI-driven world, how brands perform in machine-generated search results is increasingly crucial. Israeli startup Brandlight recently announced a $5.7 million funding round to help businesses effectively influence how AI models perceive and represent their brands. Founded by CEO Imri Marcus, CTO Dvir Dvash, and COO Uri Gafni, the company attracted Cardumen Capital upon launch.

Venture capital firm SignalFire announced it has secured over $1 billion in funding to support next-generation early-stage technology startups, particularly those innovating in applied artificial intelligence (AI). This capital will be allocated across multiple programs including SignalFire's Seed, Early, XIR (High-Retention), and Opportunity programs. The firm stated that this funding will be used to back founders pursuing disruptive innovations with the potential to 'reshape entire categories'. Image note: Image generated by AI, image licensing provided by Midjourney.

As robotics technology advances, industries are increasingly adopting robots to automate various strenuous tasks. According to the International Federation of Robotics (IFR), over 540,000 new industrial robots were installed globally in 2023, bringing the total number of active industrial robots to over 4 million. While traditional industrial robots excel at repetitive tasks, they still face challenges in performing delicate tasks, handling fragile materials, and adapting to changing conditions. For example, robots in restaurant kitchens may cause more disruption than assistance.

nEye Systems Inc., a silicon photonics startup, announced today that it has closed a $58 million Series B funding round. The investment was led by CapitalG, the growth equity investment arm of Alphabet Inc., Google's parent company. Other participants include Microsoft's M12, Micron Ventures, Nvidia, and Socratic Partners. This brings nEye's total funding to over $72 million.

Thinking Machines Lab, a new AI startup from former OpenAI CTO Mira Murati, is reportedly pursuing one of the largest seed funding rounds in history. According to Business Insider, the company has doubled its seed funding target to $20 billion. If successful, this round would value the company at least $10 billion. Thinking Machines Lab has only recently emerged from stealth mode and currently has no publicly available products.

In today's rapidly expanding AI landscape, many businesses face high hardware costs, particularly the need for advanced computing chips. To address this challenge, Indian AI startup Ziroh Labs, in collaboration with researchers from top technical institutes in the country, has launched a novel, affordable system capable of running large AI models without relying on high-end computing chips from companies like Nvidia. This innovative system marks a significant step towards democratizing AI access by expanding device options.

Thinking Machines Lab, the startup founded by former OpenAI CTO Mira Murati, has added two heavyweight advisors from her former employer: former OpenAI Chief Scientist Bob McGrew and former OpenAI researcher Alec Radford. Their contributions bring significant expertise and energy to the company, which is focused on developing AI that meets individual needs.

Quantum artificial intelligence startup SandboxAQ announced the successful completion of its Series E funding round, raising $450 million. This round attracted investment from industry giants including Google, Nvidia, and BNP Paribas, bringing SandboxAQ's total funding to $950 million. The company stated that the funds will be used to accelerate the development of its large quantum models and foster collaborations across various industries. Image note: Image generated by AI, image licensing provider Midjourney.

Andreessen Horowitz (a16z) is reportedly planning to raise a massive $20 billion fund, significantly bolstering its already substantial investments in the artificial intelligence sector.

OpenAI is reportedly in talks to acquire io Products, a startup developing an AI-powered personal device in collaboration with former Apple designer Jony Ive's studio and OpenAI CEO Sam Altman. io Products aims to create a device that could revolutionize how users interact with technology. According to The Information, these acquisition discussions are underway.

South Korean media reports that FuriosaAI, a startup specializing in AI application chips, recently rejected an $800 million acquisition offer from tech giant Meta. FuriosaAI stated it will continue focusing on independent R&D and production of its AI chips. The report indicates that the breakdown of acquisition talks stemmed from disagreements on business strategy and organizational structure, not the acquisition price itself. Similar to many tech companies building large language models (LLMs), Meta...

IntuiCell, a deep-tech startup from Scandinavia, recently announced a groundbreaking development: the world's first functional "Digital Nervous System" capable of self-learning. Announced on March 19, 2025, the company successfully engineered an AI that learns and adapts like a biological organism. This technology has the potential to obsolete existing AI paradigms in numerous applications. IntuiCell's innovation represents a significant shift from traditional static machine learning models by mimicking biological...