The Next Web (1 hour ago)
Siemens has bought into Skeleton Technologies, an Estonian maker of energy storage systems. With this, the deal values Skeleton at more than $1 billion, its CEO Taavi Madiberk told Bloomberg.
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The cybersecurity startup plans to expand engineering and go-to-market teams in the US and UK.
Uvi, a startup that feeds company knowledge to AI agents, has emerged from stealth with $7.5 million in seed funding. CT Innovations and Cardumen led the funding round, with Mana VC, 91 Ventures, and Gaingles VC also participating.
In this Crunchbase News exclusive, we spoke to Marklo AI founder Jessica Herrin about her solution to the marketing problems she encountered when building earlier startups, and how a group of investors, led by Forerunner, are backing that early experience with a $5 million seed funding round.
American manufacturers can often make a part faster than they can get a quote back to the customer asking for it. That mismatch is the result of decades of automation reaching the shop floor, but rarely the office around it.
Indian startup Scimplify has raised $25M led by Hitachi Ventures to supply specialty chemicals and critical materials outside China, with German customer Henkel joining as an investor. The new production network is going to the US and Japan, not Europe.
OpenAI chief financial officer Sarah Friar told the International AI Summit in Dublin that businesses using low-cost Chinese models are taking a cybersecurity risk. Hugging Face, which OpenAI’s models breached in July, used a Chinese open model to investigate it.
For security teams, detecting a threat is only part of the challenge. They must also determine which application is at risk, how the activity relates to legitimate business operations, and what action will reduce exposure without interrupting users.
Picture two AI trading agents running the same model and the same strategy. A signal arrives during a fast market, both send an order, and one platform answers in milliseconds while the other times out. Same intelligence, different result. The difference sat in the plumbing.
Revolut has launched its own mobile phone plan in Germany, the company announced today. The fintech, which recently won a French banking licence, is pushing further beyond its banking app.
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