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Chai Discovery Secures $130 Million Series B, Valued at $1.3 B

Chai Discovery Secures $130 Million Series B, Valued at $1.3 B
Chai Discovery, an AI‑driven biotech startup backed by OpenAI, announced a $130 million Series B financing round that lifts its valuation to $1.3 billion. The round was led by General Catalyst and Oak HC/FT, with participation from Menlo Ventures, OpenAI, Dimension, Thrive Capital, Neo, Yosemite venture fund, Lachy Groom, SV Angel, Glade Brook and Emerson Collective. The new capital brings the company’s total funding to over $225 million. Chai’s platform, now in its second generation (Chai 2), aims to accelerate drug discovery by using foundation models to design molecules and de‑novo antibodies, positioning the firm as a leading player in AI‑enabled biotech. Leer más →

Harness Secures $240 Million Series E, Valued at $5.5 B to Accelerate AI‑Driven DevOps

Harness Secures $240 Million Series E, Valued at $5.5 B to Accelerate AI‑Driven DevOps
Harness, the AI‑powered DevOps platform founded in 2017 by serial entrepreneur Jyoti Bansal, announced a $240 million Series E round that lifts its post‑money valuation to $5.5 billion. The financing, led by Goldman Sachs with participation from IVP, Menlo Ventures and Unusual Ventures, includes a $40 million tender offer aimed at providing liquidity for long‑term employees. The capital will fund expanded research and development, a hiring surge at the company’s Bengaluru hub, and broader go‑to‑market and international efforts. Harness aims to automate the “after‑code” phase of software delivery, leveraging AI agents and a knowledge graph to streamline testing, security, and deployment for more than 1,000 enterprise customers. Leer más →

Anthropic and Accenture Sign Multi-Year AI Strategic Partnership

Anthropic and Accenture Sign Multi-Year AI Strategic Partnership
Anthropic announced a multi-year partnership with Accenture, forming the Accenture Anthropic Business Group. The deal includes formal Claude training for Accenture's 30,000 employees and access to Claude Code for the company's developers. Both firms will also launch an initiative to help chief investment officers track AI return on investment. Anthropic's enterprise market share continues to grow, now holding 40% overall and 54% in coding, according to Menlo Ventures. The partnership follows Anthropic's recent deals with Snowflake, Deloitte and IBM. Leer más →

Wispr Secures $25M to Boost Wispr Flow Voice Dictation Platform

Wispr Secures $25M to Boost Wispr Flow Voice Dictation Platform
Voice AI startup Wispr announced a $25 million investment led by Notable Capital, adding to a prior $30 million Menlo Ventures round and bringing total funding to $81 million. The capital will fund international expansion, new product development, and hiring of top machine‑learning talent. Wispr Flow, the company’s dictation app, has seen rapid user growth, a 40 percent month‑over‑month increase since June, and strong enterprise adoption, with 270 Fortune 500 firms reached and 125 signed enterprise customers. CEO Tanay Kothari highlighted high retention, new user guidance features, and plans to broaden platform support, including an Android beta. Leer más →

AI Music Startup Suno Secures $250 Million Series C, Valued at $2.45 B Amid Legal Battles

AI Music Startup Suno Secures $250 Million Series C, Valued at $2.45 B Amid Legal Battles
Suno, the AI‑powered music platform that lets users generate songs from text prompts, announced a $250 million Series C financing that pushes its post‑money valuation to $2.45 billion. The round was led by Menlo Ventures and included Nvidia’s venture arm NVentures among others. Suno now reports $200 million in annual revenue and offers both free and paid subscription tiers for creators. At the same time, the company is fighting lawsuits from Sony Music, Universal Music and Warner Music, which allege the startup trained its models on copyrighted material without permission. The legal challenges highlight the broader uncertainty surrounding AI training data while investors remain bullish on Suno’s growth potential. Leer más →

Inception Secures $50 Million to Advance Diffusion AI for Code and Text

Inception Secures $50 Million to Advance Diffusion AI for Code and Text
Inception, an AI startup focused on diffusion‑based models, announced a $50 million seed round led by Menlo Ventures with participation from Mayfield, Innovation Endeavors, Microsoft’s M12 fund, Snowflake Ventures, Databricks Investment, and Nvidia’s NVentures. Angel investors Andrew Ng and Andrej Karpathy also contributed. The company, led by Stanford professor Stefano Ermon, aims to apply diffusion techniques—traditionally used for image generation—to software development and natural‑language tasks. Its Mercury model has already been integrated into several development tools, and the team claims diffusion models can deliver higher token‑per‑second throughput and lower latency than conventional autoregressive systems. Leer más →

Composite Secures $5.6 Million Seed Funding to Launch Cross‑Browser AI Agent for Professionals

Composite Secures $5.6 Million Seed Funding to Launch Cross‑Browser AI Agent for Professionals
Composite, a startup founded by former Uber product manager Yang Fan Yun and server‑proxy entrepreneur Charlie Deane, announced a $5.6 million seed round led by Nat Friedman and Daniel Gross’s NFDG, with participation from Menlo Ventures and Anthropic’s Anthology Fund. The company’s AI‑powered browser extension works on both Macs and Windows, enabling professionals to automate repetitive web‑based tasks without switching browsers. Use cases highlighted include managing Jira backlogs, recruiting outreach, security ticket creation, and marketing report generation. Investors praised the tool’s intuitive design and its focus on professional workflows amid growing competition in the AI‑agent space. Leer más →