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AI infrastructure management software company ASI has completed a $325 million Series C funding round at a $3 billion valuation, led by Spark Capital with participation from Citadel Securities, Andreessen Horowitz and others. ASI, formerly known as Air Space Intelligence, builds models that simulate physical reality for the aviation, defense and energy industries, with customers including the FAA, United Airlines, Delta Air Lines, the U.S. Army and National Grid USA. In June of this year, ASI signed an $875 million multi-year contract with the FAA; its software was deployed last month at Washington Dulles International Airport and is planned to expand to major U.S. airports.
AI infrastructure management software company ASI has completed a $325 million Series C funding round at a $3 billion valuation, led by Spark Capital with participation from Citadel Securities, Andreessen Horowitz and others. ASI, formerly known as Air Space Intelligence, builds models that simulate physical reality for the aviation, defense and energy industries, with customers including the FAA, United Airlines, Delta Air Lines, the U.S. Army and National Grid USA. In June of this year, ASI si
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Salesforce announced it will acquire marketing automation company Braze for $5.66 billion in cash, or $47.5 per share, a premium of about 58% over Braze's previous closing price. Braze's revenue grew 26% year over year last quarter to $227.2 million; its platform aggregates customer data through more than 190 prebuilt connectors and offers BrazeAI to automatically generate marketing materials and Agentic Standards to set constraints for AI-generated campaigns. Salesforce plans to use its technology to enhance Marketing Cloud's cross-channel personalization capabilities, and the deal is expected to close in its fiscal year 2028.
Salesforce announced it will acquire marketing automation company Braze for $5.66 billion in cash, or $47.5 per share, a premium of about 58% over Braze's previous closing price. Braze's revenue grew 26% year over year last quarter to $227.2 million; its platform aggregates customer data through more than 190 prebuilt connectors and offers BrazeAI to automatically generate marketing materials and Agentic Standards to set constraints for AI-generated campaigns. Salesforce plans to use its technol
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Daytona, which provides cloud sandboxes for AI agents, has raised a $60 million Series B at a $1 billion valuation, led by FirstMark, bringing its total funding to about $91 million. Its customers include Anthropic, OpenAI, Nvidia, Cursor, Cognition, Meta, and Cohere, and CEO Burazin said the company's revenue run rate grew 25-fold between January and September. Daytona says it can provision a new sandbox for an agent within 60 milliseconds by pre-distributing snapshots of configured machines to servers' physical disks.
Daytona, which provides cloud sandboxes for AI agents, has raised a $60 million Series B at a $1 billion valuation, led by FirstMark, bringing its total funding to about $91 million. Its customers include Anthropic, OpenAI, Nvidia, Cursor, Cognition, Meta, and Cohere, and CEO Burazin said the company's revenue run rate grew 25-fold between January and September. Daytona says it can provision a new sandbox for an agent within 60 milliseconds by pre-distributing snapshots of configured machines to
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The U.S. Department of Homeland Security, pursuant to the 2018 Federal Acquisition Supply Chain Security Act, requires U.S. civilian agencies to remove DeepSeek and DeepSeek-related products, as well as third-party products and services developed using DeepSeek, from information technology systems. DHS states that DeepSeek's hosted models store data on servers in China, with every prompt and response passing through that service, and that the data may be combined with public information to form actionable intelligence targeting U.S. personnel and government programs; for model weights running on U.S. servers, the ban relies on warnings that the models may contain malware or other vulnerabilities. Exceptions require an application submitted 60 days in advance with sufficient justification, and systems in national security systems and secure isolated information systems are outside the scope of the order; the only Chinese model named in the order is DeepSeek, while Kimi and Qwen face similar distillation allegations.
The U.S. Department of Homeland Security, pursuant to the 2018 Federal Acquisition Supply Chain Security Act, requires U.S. civilian agencies to remove DeepSeek and DeepSeek-related products, as well as third-party products and services developed using DeepSeek, from information technology systems. DHS states that DeepSeek's hosted models store data on servers in China, with every prompt and response passing through that service, and that the data may be combined with public information to form
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AI chip company Tenstorrent has completed a $150 million Series E funding round co-led by Trace Capital and Innovation X, at a valuation of $6.2 billion. The company centers on its RISC-V-based Tensix Neo accelerators and Ascalon CPU, paired with the TT-Forge, TT-Metalium, and TT-LLK open-source software stack, with products spanning Galaxy servers, TT-QuietBox workstations, and Blackhole cards. This round of funding will be used to expand Galaxy server production capacity, support RISC-V ecosystem research, and grow its global team.
AI chip company Tenstorrent has completed a $150 million Series E funding round co-led by Trace Capital and Innovation X, at a valuation of $6.2 billion. The company centers on its RISC-V-based Tensix Neo accelerators and Ascalon CPU, paired with the TT-Forge, TT-Metalium, and TT-LLK open-source software stack, with products spanning Galaxy servers, TT-QuietBox workstations, and Blackhole cards. This round of funding will be used to expand Galaxy server production capacity, support RISC-V ecosys
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