Distributional raises $19M to automate AI model and app testing
Distributional, an AI testing platform founded by Intel’s former GM of AI software, Scott Clark, has closed a $19 million Series A funding round led by Two Sigma Ventures. Clark says that Distributional was inspired by the AI testing problems he ran into while applying AI at Intel, and — before that — his work at Yelp as a software lead in the company’s ad-targeting division. “As the value of AI applications continues to grow, so do the operational risks,” he told TechCrunch. “AI product teams
Oct 8, 2024
Runway, a startup building generative AI for content creators, raises $141M
It’s a big day for generative AI funding. On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content creators, today announced a $141 million extension to its Series C round from Google, Nvidia and Salesforce, among others. Building on the Series C the company […]
Jun 29, 2023
Anthropic raises $450M to build next-gen AI assistants
Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital. Anthropic wouldn’t disclose what the round valued its business at. But The Information reported in early March (and as confirmed by us when we were leaked the pitch deck for the […]
May 23, 2023
Deepchecks snags $14M seed to continuously validate ML models
As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come up with a solution to continuously test models from development through production. […]
Jun 15, 2023