Insurtech Outmarket raises $34.5M just months after prior round
The startup uses AI to automate tedious paperwork for insurance agencies and brokers.
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OpenAI apologizes to Australia after its AI agents breached government sites
The company also detailed how some of those breaches had happened, and outlined additional measures it is taking to assess the impact of the events.
Reco raises $55M as AI agent security startups crowd the market
The round builds on a $30 million fundraise in February, taking the company's total funding to $140 million.
Making AI an asset, not an expense
When customers talk about AI costs, the conversation usually starts with token prices and ends with access to the latest, most capable model in the cloud. Do they always need that level of capability? Not necessarily. But that is often where the conversation goes. As AI moves from experimentation to production, model choice is only…
Anthropic’s prospectus details losses, growth, and, yes, a warning that its AI could end humanity
In its prospectus, Anthropic just told investors it's losing tens of billions of dollars a year, but also growing like crazy, and — oh yeah — its own AI might pose an existential risk to humanity.
Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Thirteen of the 18 startups in Peak XV’s latest Surge cohort are targeting global markets, while more than half are based in India.
OpenAI reportedly ditches model over safety concerns
A top executive at the AI lab told the Wall Street Journal that the model in question had displayed a poor aptitude for following orders.