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AI & Enterprise

Nvidia unveils Nemotron 3.5 open models for AI agents, targeting server to edge

Nvidia on Oct. 15 unveiled new open models aimed at helping companies build a range of AI agents, including Nemotron 3.5 Super VL and Nemotron 3.5 Volt for local and edge devices. Nvidia said Super VL has performance similar to its largest reasoning model at one-fifth the size and can handle text, images and video. Companies including Atlassian and Salesforce have further trained the model on their data.

AI & Enterprise

TypesafeAI seeks $1 billion funding at $10 billion valuation

AI startup TypesafeAI is seeking to raise $1 billion, The Information reported on Sept. 24. Some investors have made proposals valuing the company at more than $10 billion, the report said, though discussions are at an early stage and terms could change. TypesafeAI said it raised $40 million last week at a $200 million valuation, PitchBook said. The company is developing a new AI model called Jev.

AI & Enterprise

Miro sold for $1.36 billion after once being valued at more than $17.5 billion

Italy\'s software company Bending Spoons will buy collaboration tool Miro for $1.36 billion in cash, TechCrunch reported. The price is a steep discount from Miro’s valuation of more than $17.5 billion in late 2021. Miro grew rapidly during the COVID-19 pandemic and expanded integrations and partnerships. It has more than 4 million paid users and more than 100 million total users, with about $600 million in annual recurring revenue.