spektr raises $20M Series A to streamline financial compliance

Copenhagen-based spektr, a company building AI infrastructure for compliancein financial services, has raised $20 million in Series A funding. The roundwas led by NEA, with participation from existing…

UK banks get their Mythos briefing within days
UK banks get their Mythos briefing within days

The Bank of England’s Cross Market Operational Resilience Group will convene within days to brief major UK banks, insurers, and exchanges about Anthropic’s Claude Mythos Preview. This unreleased AI model regulators say can autonomously identify and exp…

Damning report finds Apple and Google’s app stores boosting nudify apps

Despite having policies banning explicit content, Apple and Google are reportedly pointing users to AI nudify apps through autocomplete suggestions and sponsored ads. Some of those apps were even rated suitable for kids.

Cadence and Nvidia are bridging the simulation gap that’s slowing down robotics
Cadence and Nvidia are bridging the simulation gap that’s slowing down robotics

The two companies announced an expanded partnership at a Cadence conference in Santa Clara on Wednesday. The goal: make robot training data more accurate so physical AI systems reach real-world deployment faster. Cadence Design Systems and Nvidia have …

Outcraft AI raises €2M to support autonomous sales and revenue agents

Outcraft AI, an agentic AI platformfocused on autonomous revenue execution, has raised €2 million in pre-seedfunding from Practica Capital. The company also received early backing fromventure builder …

Audrey AI secures $1.8M to develop AI platform for financial auditors

Audrey AI, aDublin-based startup developing AI solutions purpose-built for financialauditors, has raised $1.8 million in pre-seed funding. The round was led bySure Valley Ventures (SVV) and Delta Part…

Accel raises $5 billion for AI as venture capital bets reach infrastructure scale
Accel raises $5 billion for AI as venture capital bets reach infrastructure scale

In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its An…

Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate
Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate

In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two months ago. The surge follows an unprecedented revenue tr…

Athena launches FabOrchestrator, an agentic AI platform for manufacturing execution systems
Athena launches FabOrchestrator, an agentic AI platform for manufacturing execution systems

In short: Athena Technology Solutions, a Fremont-based MES integrator with roughly 120 employees, has launched FabOrchestrator, an agentic AI platform for manufacturing that automates reporting, support tickets, system modelling, and code generation fo…