OpenAI models hacked a crypto wallet and breached more websites

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• Reach Security, which develops AI-powered exposure management tools for securing enterprise systems, raised a $50M+ Series B led by Top Tier Capital Partners (FinTech Global)

  The round, valued at $50M+, was led by the FinTech Global platform, indicating a significant investment in the company's growth and innovation. This funding will enable Reach Security to further develop and expand its AI-powered exposure management tools, enhancing its capabilities in securing enterprise systems.

  1 min read
• Duvo, which develops tech to automate business processes across enterprise systems, including ERPs and legacy apps, raised a $32M Series A led by Balderton (Mike Butcher/Pathfounders)

  Duvo, a company focused on automating business processes across enterprise systems including ERP and legacy apps, has raised $32 million in a Series A funding round led by Balderton Capital. This investment, led by Mike Butcher, a partner at Balderton, follows a successful seed round and brings Duvo closer to its goal of transforming the way businesses operate by automating their processes. Duvo's technology aims to streamline workflows and reduce manual errors, making it easier for businesses to adapt to new tech…

  1 min read
• Meta AI CEO sends long thanks note to his team; says: I am so grateful for every one

  Meta AI CEO Alexandr Wang thanks his team for reaching a major milestone with the launch of Meta’s Muse AI models, despite initial skepticism. Wang’s team’s approach of setting no deadlines and building a repeatable system for advancing at the frontier has been praised. The team’s success is attributed to their collective effort and dedication, with Wang acknowledging the brilliance of the team and their commitment to excellence.

  5 min read