Applied Computing wants to give oil and gas operators an AI model for the entire plant

Applied Computing, a London-based startup that’s building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023, the startup targets oil, gas, refining and petrochemical systems, where a single facility can have thousands of sensors…

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Microsoft is reportedly coaching salespeople to speak down OpenAI and Anthropic

Microsoft is reportedly coaching salespeople to speak down OpenAI and Anthropic

Microsoft seems to be prepping its gross sales workforce to get extra aggressive with the opposite main gamers within the AI business. At an inner assembly on Tuesday, the corporate’s executives outlined a plan for salespeople to negatively examine AI merchandise from corporations like OpenAI, Google, and Anthropic to its personal, based on a new…

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Why Greylock capped its new fund at .5B when it says it may have raised extra

Why Greylock capped its new fund at $1.5B when it says it may have raised extra

Whereas many top-tier enterprise companies maintain elevating massively bigger funds, Greylock Ventures, one of many oldest and most prestigious enterprise companies in Silicon Valley, is deliberately resisting the pattern of ballooning fund sizes. On Tuesday, the 61-year-old agency introduced that it had raised a $1.5 billion 18th fund. The quantity is 50% larger than its…

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Tesla driver in deadly Texas crash pressed accelerator 100%, NTSB confirms

Tesla driver in deadly Texas crash pressed accelerator 100%, NTSB confirms

The Nationwide Transportation Security Board (NTSB) said Wednesday that the driving force of a Tesla who crashed right into a home in June had pressed the accelerator pedal to 100%, overriding the corporate’s Full Self-Driving (Supervised) software program. Knowledge recovered from the Tesla confirmed that the car was touring greater than 70 miles per hour…

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