Reading List
The most recent articles from a list of feeds I subscribe to.
Lio, which uses AI agents to automate enterprise procurement, including document reading and supplier evaluation, raised a $30M Series A led by a16z (Dominic-Madori Davis/TechCrunch)
Dominic-Madori Davis / TechCrunch:
Lio, which uses AI agents to automate enterprise procurement, including document reading and supplier evaluation, raised a $30M Series A led by a16z — Lio's co-founders know firsthand that procurement — the process enterprises use to purchase services from vendors — is often a bottleneck.
China's new five-year plan introduces an "AI+ action plan", mentions AI over 50 times, and outlines investments in quantum computing, 6G, embodied AI, and more (Reuters)
Reuters:
China's new five-year plan introduces an “AI+ action plan”, mentions AI over 50 times, and outlines investments in quantum computing, 6G, embodied AI, and more — China's new five-year policy blueprint laid out its ambitions to aggressively adopt artificial intelligence throughout …
Nominal, which makes software for the defense, space, energy, and automotive sectors, raised an $80M Series B extension led by Founders Fund at a $1B valuation (Paayal Zaveri/Bloomberg)
Paayal Zaveri / Bloomberg:
Nominal, which makes software for the defense, space, energy, and automotive sectors, raised an $80M Series B extension led by Founders Fund at a $1B valuation — Founders Fund is leading an $80 million investment in Nominal Inc., a startup aiming to modernize factories and make manufacturing more efficient.
Reclaim Security, which uses AI-driven automation to remediate threat exposures, raised a $20M Series A led by Acrew Capital and a $6M seed (Chris Metinko/Axios)
Chris Metinko / Axios:
Reclaim Security, which uses AI-driven automation to remediate threat exposures, raised a $20M Series A led by Acrew Capital and a $6M seed — Reclaim Security, which uses AI-driven automation to remediate threat exposures, has raised $26 million in total funding, co-founder and CEO Barak Klinghofer tells Axios Pro.
NYSE parent company ICE invests in crypto exchange OKX at a $25B valuation, without sharing the investment's size or terms, and will take a seat on OKX's board (Ben Weiss/Fortune)
Ben Weiss / Fortune:
NYSE parent company ICE invests in crypto exchange OKX at a $25B valuation, without sharing the investment's size or terms, and will take a seat on OKX's board — Last summer, Haider Rafique flew out to Atlanta to meet with the chairman of the New York Stock Exchange.