Latent Space
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1 week ago
Modal raised $355 million in Series C funding as the cloud infrastructure company shifts its focus from supporting developers to supporting AI agents. The platform now emphasizes agent-native primitives like sandboxes, elastic inference, and GPU snapshotting instead of traditional Kubernetes-based infrastructure. This change means AI applications require tighter, more observable infrastructure since agents cannot rely on human developers to interpret dashboards or fill in missing context when things break.
The Neuron
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1 week ago
Norm Ai raised $120 million in Series C funding led by Khosla Ventures at a $1.2 billion valuation, bringing total funding to over $260 million in less than three years. Clients managing more than $30 trillion in assets currently use Norm Ai's legal agents, with the company also deploying supervisory agents to monitor other AI systems operating in regulated environments. The funding will support expansion of practice areas, hiring of attorneys, and development of agents designed to oversee enterprise AI deployments in regulated sectors.
The Neuron
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1 week ago
Savi Security, founded by brothers Patrick and Ryan Coughlin, launched an app to detect AI-generated scams delivered via text, email, and phone calls after being inspired by an incident where their mother nearly fell for a voice-cloned kidnapping hoax. The company raised $7 million in seed funding and its detection model was trained on 100,000 submissions collected through a free website called Scamwise over four months. The app charges $8 monthly or $63 yearly per family account with no user limit and includes live-call monitoring to identify fraud in real time as calls happen.
