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Deep tech disruption: How advanced technologies are transforming businesses

CIO

From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. Business leaders dont need to be technology experts to grasp this shift; they need vision and urgency. in returns for every $1 invested , with some seeing over $10 in ROI.

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The Week’s 10 Biggest Funding Rounds: Crusoe Energy, Insider And Biotech Raise Big

Crunchbase News

startups raised half a billion dollars apiece, and another eight raised $100 million or more, with industries from cybersecurity to biotech to AI represented. The latest startup in the space to get a big chunk of cash is Beta Technologies, maker of electric vertical take-off and landing planes. billion valuation in the process.

Biotech 129
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U.S. imposing new export controls on biotech equipment over China concerns

Ooda Loop

Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science. technology to strengthen military capabilities and help design new weapons through AI.

Biotech 105
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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. Founded in 2013, NinjaOne has raised nearly $762 million, per Crunchbase. billion valuation. billion valuation.

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AI, Data Center And Energy Startups Get Large Capital Infusion In October

Crunchbase News

The surge was driven by large funds leading supergiant rounds in capital-intensive businesses in areas such as artificial intelligence, data centers and energy. And not far off from a billion, Pacific Fusion , a nuclear fusion technology company, raised more than $900 million in a round led by General Catalyst.

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Healthcare And AI Is A Hot Combination For Startups

Crunchbase News

billion globally went to companies applying advances in artificial intelligence to health-related areas such as medical services and pharmaceutical development, per Crunchbase data. The smash hit of the past year was Tempus AI , an artificial intelligence precision medicine company that went public in June.

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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

OpenAI , $6.6B, artificial intelligence: OpenAI announced its long-awaited raise of $6.6 tied) Poolside , $500M, artificial intelligence: Poolside closed a $500 million Series B led by Bain Capital Ventures. The startup builds artificial intelligence software for programmers. billion, per Crunchbase.

Biotech 123