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Markets2026-07-29 · source-backed
Crunchbase News reports the rebranded Pando closed a Series B co-led by Battery Ventures and NewRoad, bringing total funding to $100M across roughly 50 customers. Its agents read contracts, policies, and email to verify invoices, negotiate with vendors, and execute procurement across 60-70 countries. Claimed results: 5-10% of total spend recovered, workflows 5-7x faster, procure-to-pay cycle times down more than 70%. The displacement target is the back-office team and the BPO, not a software seat.
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Freehand's Series B was co-led by Battery Ventures and NewRoad Capital with Nexus and Penny Pritzker's PSP Growth, bringing total funding to $100M. Founders Jayakrishnan and Abhijeet Manohar previously built and sold Pando, a conventional transportation management and procure-...
Crunchbase reported today that chip giants collectively participated in over $250 billion of startup funding year to date, across 16 mega-rounds of $1B+ and 60+ financings of $100M+ (Crunchbase News). Nvidia leads with 59 known round participations, up from 53 in all of 2025,...
Launched August 8 as the new Quality Mode at grok.com/imagine and in the Grok mobile apps, pitching precision editing, crisp text rendering, and improved factuality, with API access promised but not shipped (The Decoder). On the August 7 Arena leaderboards the faster "low" var...
Muse Image, from Alexandr Wang's lab, generates and edits from text, writes and runs code to produce accurate plots and QR codes, and searches the web to ground outputs. It launched free in Meta AI, WhatsApp, and Instagram Stories, and immediately drew pushback for training on...
Reads, edits, and executes actions on local files and applications directly on the user's machine. Positions Meta against OpenClaw and Claude Cowork in local agent runtime. No prior announcement preceded the release. OneNewsPage ---
The Verge reports that The Atlantic's searchable database of works used to train AI models became the discovery mechanism for a wave of artist litigation: writers looked up their own names, found their work, and lawyered up against Google, Meta, and Anthropic. Some suits are n...
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