The funds raised will be used by DEFCON AI to grow its team, enhance its R&D program to expand its dual-use offerings, and extend its core capabilities across an array of Defense missions as well as the commercial sector.
The new capital was led by Redpoint Ventures, with participation from existing investor Innovation Endeavors, bringing Trunk Tools’ total funding to $30 million.
Thibault’s story began in a Deaf family, where he was the only hearing member. From an early age, he became the bridge between his family and the hearing world—a role that demanded more than just linguistic translation.
The investment was led by Union Square Ventures (USV), a prominent venture capital firm known for its early investments in successful companies such as Twitter, Coinbase, and MongoDB.
This week’s AI landscape sees major strides from Yellow.ai’s CX automation tool to Caresyntax’s $180M boost for AI in surgery, showcasing AI’s far-reaching impact across industries.
The funding round attracted a diverse group of investors, including Symbiotic Capital, MTIP AG, BIONIQ Capital, PFM Health Sciences, Pictet Alternative Advisors, surgical.ai, BlackRock Innovation Capital, and several others.
This technology stands at the cutting edge of innovation, driving significant advancements in robotics, automation, and human-machine collaboration.
This new tool, built on Arhasi’s proprietary R.A.P.I.D. (Ready AI Provisioning and Integrity Defense) platform, aims to transform how enterprises interact with their data lakehouses.
The company unveiled these new capabilities, powered by its Lumina™ AI Platform, at RealWorld 2024, its flagship conference attended by nearly 1,500 professionals from the multifamily housing sector.
The global AI in sports market is projected to grow from USD 5.93 billion in 2024 to USD 20.94 billion by 2029, at a compound annual growth rate (CAGR) of over 28.69%.
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