Foundation Models

The Quiet Reason AI Might Make You Less Safe, Not More, and the $60M Bet to Reverse It

The Quiet Reason AI Might Make You Less Safe, Not More, and the $60M Bet to Reverse It

A cybersecurity startup called Corma launched this week with $60 million from Sequoia Capital and a single, unsettling claim: the same AI making your company faster is arming your attackers faster than it’s arming your defenders. They call the widening space between the two the “Defensive Gap,” and closing it may be one of the […]

H. Sureja
A 5-Month-Old Startup Just Raised $200M to Simulate All 8 Billion People on Earth

A 5-Month-Old Startup Just Raised $200M to Simulate All 8 Billion People on Earth

Simile, a simulation-AI company just five months old, has raised over $200 million at a $2 billion post-money valuation to build a foundation model for human behavior, one it says will eventually simulate all eight billion people on Earth. The round was led by Greenoaks, with Index Ventures doubling down and returning investors Hanabi, Bain […]

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Applied Computing Raises $20M to Build Foundation AI for Energy

Applied Computing Raises $20M to Build Foundation AI for Energy

Energy plants collect enormous volumes of operational data. The harder problem is turning it into decisions operators can trust. London-based Applied Computing has raised $20 million in Series A funding to expand Orbital, its foundation AI platform for oil, gas, refining, and petrochemical operations. The round was led by engineering and technology company KBR, with […]

H. Sureja