Tag: tech firm
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Tekever raises $580 million as investors back Ukraine-honed defence tech firm
Sept 23 : European autonomous systems developer Tekever said on Wednesday it had raised $580 million in the first close of a Series D funding round led by UC Investments and Baillie Gifford, valuing the defence technology company at $6.4 billion.Tekever said it would use the funding to expand internationally,
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Defense tech firm Lyntris targets $2.5 billion valuation in US IPO
Aug 10 : Lyntris is targeting a valuation of up to $2.53 billion in its U.S. initial public offering, the Trive Capital-backed company said on Monday, making it the latest to test strong investor appetite for defense listings.The Falls Church, Virginia-based Lyntris and selling stockholders are seeking up to
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Exclusive-OpenAI’s rogue agent compromised an account at a second tech firm, executive says
WASHINGTON, July 28 : The rogue agent that escaped from OpenAI and went on a days-long hacking spree at the AI firm Hugging Face also compromised a customer at a second tech company — New York-based Modal Labs — according to a Modal executive and two other sources familiar with the matter.According to a
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Legal tech firm sues US over order limiting foreign access to top-tier Anthropic models
WASHINGTON, June 23 : A U.S. legal technology company on Tuesday sued the federal government, challenging a directive by President Donald Trump’s administration that resulted in the artificial intelligence firm Anthropic halting access to two of its most advanced models for users worldwide.Legion LegalTech
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Quantum tech firm EigenQ to go public in $3 billion SPAC deal
June 17 : EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday.EigenQ’s core business includes making cybersecurity systems that will protect networks and devices from future attacks by po
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