Trace Machina is developing simulation software to help engineers test updates for autonomous systems before deploying them in the real world. The startup emerges from stealth with a $4.7 million seed investment and NativeLink, an open-source, Rust-based tool for running simulations with direct access to resource-constrained hardware. Its staging environment targets systems such as embedded Nvidia GPUs used in robots, self-driving cars, and edge devices.
Sydney-based generative AI art platform Leonardo.Ai raises $31M
Sydney-based Leonardo.Ai, an AI art production platform for consumers and enterprise users, announces a $31 million funding round. Investors include Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital, and Samsung Next. The company was founded last year.
Dec 2023 · TechCrunchNews article
Generative AI startup AI21 Labs lands $155M at a $1.4B valuation
AI21 Labs raises $155 million in a Series C round at a $1.4 billion valuation. The Tel Aviv-based startup develops text-generating AI tools, and the round is led by Walden Catalyst, Pitango, SCB10X, b2venture, Samsung Next and co-founder Amnon Shashua, with Google and Nvidia also participating.
