Atorie raised $9.5 million in seed funding to sell luxury-grade handbags and clothing made in the same factories as luxury brands, without the branding and retail markup. The company reported $5 million in sales last year and projected an annualised run rate above $55 million in 2026. It plans to use the new capital for logistics, AI tooling, and production, while also building an in-house product line and tools for creators to launch their own brands.
Cohere launched Parse 5 to convert enterprise documents and images into structured, AI-ready data for downstream AI agents and applications. The model supports OCR and visual grounding across 9 languages. It can be deployed via API, cloud, or fully on-prem/air-gapped, and is available alongside free options.
Principle launched an AI-powered strategic simulation platform that models companies, competitors, and regulators and then runs many plausible futures instead of making forecasts. Over five weeks, MacPaw mapped more than 500 strategic directions, ran 480 scenarios, and modeled 90 market actors. As a result, Principle’s users move from infrequent planning to continuous, simulation-backed decision-making (including monthly re-simulations and tracking competitive topics).
Cursor’s contract for OpenAI models is being wound down after SpaceX acquired it. The contract change follows the acquisition by SpaceX. As a result, Cursor will no longer receive OpenAI models under that agreement.
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