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This startup wants to transform the legal profession: Wordsmith AI just raised $25 million to drive agentic AI adoption for general counsels and fuel the rise of ‘legal engineers’
Wordsmith AI, a Scottish startup specializing in AI agents for legal professionals, has raised $25 million in a funding round led by Index Ventures. The investment, which builds on a $5 million seed funding round last year, brings the Edinburgh-based startup’s valuation to $100 million and will be used to scale out its AI infrastructure and drive global expansion. Founded…
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Microsoft issues out-of-band patches for Windows 11 startup failure – Computerworld
Human error or edge case? Microsoft, like other major software vendors, does a lot of testing of patches before they are released. Still, says Tyler Reguly, associate director of security R&D at Fortra, they can’t catch everything. “It’s impossible to test every edge case and scenario,” he said in an email. “On top of that, at some point testing at…
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Microsoft-backed no-code AI startup files for bankruptcy
Artificial intelligence startup Builder.ai, which has financial backing from Microsoft and the Qatar Investment Authority, has filed for insolvency in the UK, the equivalent of seeking Chapter 11 bankruptcy protection in the US. A LinkedIn message posted Tuesday by the company, which has raised an estimated $450 million over the past seven years, stated, “today, Engineer.ai Corporation, known as Builder.ai,…
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OpenAI just made its first hardware acquisition with a deal for Jony Ive’s startup – but Altman’s $6.4 billion moonshot is a huge risk
OpenAI has announced it will acquire io Products, a hardware company founded by former Apple chief design officer Jony Ive. The deal, reportedly worth $6.4 billion, will see io brought under OpenAI’s roof as the company pursues what CEO Sam Altman described as “a new generation of AI-powered computers” in a post on X. Io was founded in 2024 by…
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South Korean full-stack AI startup Upstage eyes expansion in the US and Japan – Computerworld
As part of its global growth strategy, Upstage has also been involved in a project to develop a Thai-language-specific LLM. Syn-ergy in Japan The company, which counts South Korean firms such as Samsung Card and Hanwha Life among its clients, is focusing on Japan’s extensive document-driven enterprise market. To make inroads, the company is working on a Japanese-specific language model…
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Sourcetable, a startup behind a ‘self-driving spreadsheet’ tool, wants to replicate the ‘vibe coding’ trend for data analysts
Sourcetable, a startup developing what it’s dubbed the world’s first ‘self-driving spreadsheet’, has raised $4.3 million in funding to transform data analysis. The seed funding round was led by Bee Partners, with participation from a host of leading industry figures including Hugging Face co-founder Julien Chaumond. Sourcetable’s autonomous spreadsheet uses AI to streamline and simplify data analysis activities for users.…
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How to enable or disable Startup Boost for Microsoft 365 (Office) apps on Windows 11
The Microsoft 365 (Office) apps now include a feature that speeds up the startup process, known as “Startup Boost.” Microsoft plans to introduce the new feature in mid-May 2025, starting with the Word processing app, but it’ll then be available for the other apps. “Startup Boost” will be enabled by default; you can always manually turn it on or off.…
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SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere
Masayoshi Son, chairman and chief executive officer of SoftBank Group. Image: SoftBank YouTube SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash deal that “broadens its AI infrastructure investments.” For the last eight years, Ampere has been designing high-performance processors tailored for cloud computing, AI workloads, and data centres. Ampere’s lead investors, private…
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Google Acquires Startup Wiz for $32B to ‘Turbocharge Improved Cloud Security’
Image: Wiz Google has announced it is acquiring cybersecurity startup Wiz for $32 billion. The acquisition is parent company Alphabet’s largest to date, more than doubling its previous record-breaking $12.5 billion purchase of Motorola Mobility in 2012. The company appears to have pursued this deal aggressively due to the growing demand for secure cloud services. The surge in generative AI…
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UK government targets ‘startup’ mindset in AI funding overhaul
Public sector AI funding will be overhauled in the UK in a bid to simplify processes and push more projects into development, the government has revealed. Announced by the UK’s Department for Science Innovation and Technology (DSIT), the new approach to spending will seek to embed a “startup” mindset and change how the government funds small AI projects and outdated…
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