Trajectory raises $45M to automate continual AI model training
Venture Capital News | TechCrunch ·
Trajectory raised a $45 million Series A led by Sequoia at a $300 million valuation, with Nvidia, Bessemer Venture Partners, and Bain Capital Ventures also participating. Its platform uses feedback from businesses’ applications to retrain open-source models for specialized work; customers include Harvey, Rogo, Decagon, Mercor, and Nvidia.
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European chip startup funding nearly quadruples amid inference-chip bets
Funding for European chip companies has almost quadrupled as investors back challengers to Nvidia in AI inference. The article’s available text does not provide company names, funding figures or deal details.
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Mistt raises £5m for positioning technology aimed at autonomous systems
Defence startup Mistt has raised £5m to develop what it describes as the “next GPS” for autonomous systems and AI. The article does not disclose the company’s investors or product pricing.
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Dream raises $17M to build AI models for construction design
Founded by former Palantir executives Andy Elder and Arjun Mathur, Dream is developing AI models to automate building design and engineering, aiming to replace legacy tools such as AutoCAD and Revit. Its model is trained on building data from U.S. permit archives covering more than 100 million square feet, and the startup raised a $17 million seed round led by Andreessen Horowitz.
Venture Capital News | TechCrunch ·
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Cohere plans up to $7B CAD Series E at nearly $36B valuation
Cohere has secured most of its planned $7-billion CAD Series E, which would value the company at nearly $36 billion post-money. The Canadian government plans to invest $1.6 billion on a staged, milestone-based commercial basis, while Cohere commits $1.7 billion to Canadian computing infrastructure by 2030.
BetaKit ·