The Next Web (6 hours ago)
Path Robotics, an Ohio startup that builds AI to let robots weld, has raised $300m in a Series E round at a $2.45bn valuation. Georgian, an AI-focused growth equity firm, led the round, the company said. The deal nearly quadruples Path’s valuation, Bloomberg reported.
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The U.S. has taken billions in oil wealth from Venezuela. Where has it gone?
Oura announced its quarterly earnings today and said it agreed to acquire Counsel Health for $625 million, after adding the company’s AI chatbot to its app earlier this year.
OpenAI has not yet said what its plans are for the future of travel. But Sonder founder Francis Davidson is a well-known figure in the travel industry.
Former SignalFire investor Sahir Raoof raises $27.5M for new fund targeting AI in pharma
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
Zendesk is changing how businesses pay for its AI, charging them for problems solved rather than for the number of people using the software. The customer service company announced the change on Tuesday at its AI Summit in San Francisco, as part of a new Outcome AI Platform.
OpenAI, Anthropic, Microsoft and Mistral are among ten AI companies that have signed a new declaration on the safety of advanced AI models. The Paris Call for AI Safety and Security was agreed on Monday at a meeting hosted by French President Emmanuel Macron.
Nvidia’s independent directors have hired the law firm Wachtell, Lipton, Rosen & Katz to investigate chief executive Jensen Huang. The board retained Joon H. Kim, a former acting US Attorney in Manhattan, and his firm to run it. The board announced the choice on Tuesday, CNBC reported.
Mercedes-Benz’s US fast-charging network has reached 100 sites and nearly 1,000 ports in three years, with more than 550,000 sessions. The milestone comes a week after Mercedes sold its 47 European charging hubs to France’s Electra.
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