The Next Web (1 hour ago)
Reliable Robotics has raised $115 million, taking its valuation past $1 billion, the company announced on Tuesday. The Mountain View, California, startup builds systems that let existing aircraft taxi, take off, fly and land on their own.
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Netflix is making monetization a top priority amid reports of falling viewing time.
OpenAI says it’s adding Orchestra’s team and technology to work on Rosalind, its AI model for life sciences research, and to its related Rosalind Workbench tool, a harness that aims to help researchers plan experiments and analyze results.
ASI has raised $325 million in a Series C round that values it at $3 billion, the Boston AI company announced on Tuesday. Its software models air traffic, power grids and military operations hours, days and weeks ahead. The aim is to let operators act before problems spread.
SpaceX announced revenues of $14.6 billion in its Q3 earnings on Tuesday, which it says was a growth of 161 percent year-over-year “fueled by our Super Intelligence (SI) segment and accelerated growth in Connectivity.”
Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion and product development.
Meta’s Prometheus supercluster in New Albany, Ohio, already runs hundreds of thousands of Nvidia GPUs across several buildings, and Meta plans to grow it to about 1 million. The company set out the details in an engineering blog post on Monday.
Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines.
Robert Downey Jr. has joined SPECS, Snap’s augmented reality glasses business, as its honorary chief customer experience officer, Snap announced. His job is to show people what the see-through glasses can do. SPECS runs as Specs Inc., a wholly owned Snap subsidiary.
Sierra, the AI customer service startup led by Bret Taylor, has partnered with Stripe so its agents can take card payments during phone calls. Customers type their card number on the keypad and the data goes straight to Stripe. Healthcare billing firm Cedar is an early user.
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