
SandboxAQ unveils Sandwich, an open-source meta-library of cryptographic algorithms
SandboxAQ, an AI-driven quantum technology platform, has unveiled “Sandwich,” an open-source framework that aims to reshape contemporary cryptography management. As per the company, the platform intends to propel organizations toward cryptographic agility.

ShapesXR raises funding to expand its XR prototyping platform
ShapesXR, a virtual reality (VR) design and collaboration platform, announced it has secured an $8.6 million seed round led by Supernode Global. Other investors including Triptyq VC, Boost VC, Hartmann Capital and Geek Ventures also participated in this funding round.

Rasgo launches Rasgo AI, a generative AI agent for enterprise data warehouse analytics
AI-driven analytics platform Rasgo has announced the launch of Rasgo AI, a self-service analytics solution that integrates a GPT (generative pre-trained transformer) into enterprise data warehouse (EDW) environments. The company said that with Rasgo AI, organizations can use the power of AI/GPT to accelerate insights and optimize recommended actions securely and efficiently.

Microsoft unveils next-gen AI solutions to boost frontline productivity amid labor challenges
Microsoft today unveiled a suite of tools and integrations designed to empower frontline workers across the globe. Central to this release is an innovative Copilot offering, which harnesses the capabilities of generative AI to enhance the efficiency and effectiveness of service professionals on the frontline.

MindsDB raises funding from Nvidia to democratize AI application development
MindsDB, a database platform facilitating AI-centric applications, today announced the successful conclusion of a $5 million investment round led by NVentures, an arm of Nvidia, with participation from additional investors. This new funding propels MindsDB’s cumulative seed funding to $46.5 million, fortifying the company’s objective of democratizing access to artificial intelligence (AI) for global enterprises.

Bud Financial launches Bud.ai, a generative AI platform for hyper-personalized banking
AI-driven financial platform Bud Financial (Bud) today announced the launch of Bud.ai, a generative AI platform that aims to empower banks and financial services organizations to enhance their customer engagement.

Insilico Medicine’s generative AI tool inClinico achieves high accuracy in predicting clinical trial outcomes
Insilico Medicine, a clinical-stage AI drug-discovery company, announced a groundbreaking medical milestone: It successfully predicted Phase II to Phase III clinical trial outcomes using its proprietary generative transformer-based AI tool, inClinico.

Endor Labs raises $70M to ease application security, streamline developer productivity
DevSecOps platform Endor Labs today announced the successful completion of its series A funding, with the company raising $70 million only 10 months after inception. The funding was led by Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital and Section 32, with support from more than 30 esteemed industry leaders, including CEOs, CISOs and CTOs.

Torq launches Torq Socrates, an AI agent for Tier-1 SecOps threat resolution
Torq, a provider of security hyper-automation solutions, today announced the launch of Torq Socrates, an AI agent specifically designed for security operations. The company said that by utilizing large language models (LLMs), Socrates hyper-automates critical security activities to alleviate alert fatigue, false positives and job burnout for security analysts.

Wisecut raises funding from Tim Draper to expand its AI-driven video editing platform
Wisecut, an AI-powered automatic video editing platform, has announced the successful completion of an investment round from esteemed Silicon Valley investor Tim Draper, who made an impromptu pledge of $1 million to the company.

Itseez3D launches Avatar SDK Deep Fake Detector to bolster user identity protection
Digital identity and 3D graphics company Itseez3D today announced the launch of Avatar SDK, a deep fake detector platform that aims to enable businesses to fortify user security and bolster application integrity.

MIT CSAIL unveils PhotoGuard, an AI defense against unauthorized image manipulation
In recent years, large diffusion models such as DALL-E 2 and Stable Diffusion have gained recognition for their capacity to generate high-quality, photorealistic images and their ability to perform various image synthesis and editing tasks.