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Many companies won’t say if they’ll comply with AI training transparency law

Many companies won’t say if they’ll comply with AI training transparency law
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
October 7, 2024

What We're Reading

  • Many companies won’t say if they’ll comply with California’s AI training transparency law [TechCrunch]
  • OpenAI also secured a massive credit line [TechCrunch]
  • Ollie scoops up health startup to launch a tool that analyzes dog poop [TechCrunch]
  • Rivian deliveries fall as component shortage slows production [TechCrunch]

Trending Companies
 

Resolution Therapeutics, a biopharmaceutical company developing macrophage cell therapy to treat chronic diseases, raises €63.5MM Series B from Syncona.

Therapeutics • Edinburgh, United Kingdom

 

KOHO, a company that provides financial services, raises $190MM Debt & Equity Funding from PROPELR Growth.

Fintech • Toronto, Canada

 

Harmonic Security, a firm that develops generative AI platforms for data protection using pre-trained and specialized language models, raises $17.5MM Series A from Next47.

Generative AI • San Francisco, CA • Post-Money Valuation

 

NumberAI, a developer of a generative AI-powered communication platform for automotive dealerships, raises $32MM Series B from Mitsui & Co Ltd.

Machine Learning • Oakland, CA • Post-Money Valuation

 

iAsk Ai, a developer of an AI search engine that delivers fast and accurate responses in seconds, making it an attractive option for users looking for a more intuitive and user-friendly search experience, raises $4.2MM Seed from Corazon Capital.

Search Engine • Chicago, IL • Post-Money Valuation

 

Triveni Bio, a biotech company pioneering a genetics-informed precision medicine approach, raises $115MM Series B from Goldman Sachs Alternatives.

Genetics • Watertown, MA • Post-Money Valuation

 

Vizit Labs, a company that develops predictive visual analytics software, raises $25MM Series B from Industry Ventures.

Analytics • Boston, MA • Post-Money Valuation

 

Augmodo, a company that operates a business tool intended for managing the retail workforce, raises $5.3MM Seed from Lerer Hippeau Ventures.

Inventory Management • Seattle, WA • Post-Money Valuation

 

Recurrent Energy, a company that develops, constructs, and operates solar and energy storage projects, raises $500MM Equity Funding from BlackRock.

Solar • Austin, TX • Post-Money Valuation

 

Integrated Biosciences, a biosciences company intended to create cellular rejuvenation with optogenetics and small molecules, raises $17MM Seed from Sutter Hill Ventures.

Biopharmaceuticals • Redwood City, CA • Post-Money Valuation

 

 

Ingersoll Rand acquires APSCO, a firm that offers hydraulic components, actuators, pneumatic cylinders, consoles, fluid power systems and air kits.

Automotive • Tulsa, OK • Deal

 

CACI International acquires Applied Insight, a firm that provides information technology services such as cloud infrastructure, advanced analytics and cybersecurity.

Analytics • Reston, VA • Deal

 

NeoXam acquires EZOPS, a firm that develops data control, reconciliation and automation software.

Artificial Intelligence • New Brunswick, NJ • Deal

 

Hyatt Hotels acquires Standard International, a firm that operates hotels and restaurants for leisure services.

Leisure • New York, NY • Deal

 

Ultralife acquires Electrochem Solutions, a firm that provides custom power solutions for critical applications.

Electronics • Raynham, MA • Deal

 

Waud Capital Partners acquires Science Exchange, a provider of life sciences procurement and supplier management SaaS solutions.

SaaS • San Francisco, CA • Deal

 

WATG acquires SOSH Architects, a company that provides interior space planning and architectural design services.

Interior Design • Atlantic City, NJ • Deal

 

Spatco acquires UST Services, a firm that offers tank installation and removal service, maintenance of tanks, testing and inspection, and assessment, investigation and remediate environmental services.

Installation • Owings, MD • Deal

 

Dragos acquires Network Perception, a company developer of network security monitoring software designed to ensure corporate compliance and cybersecurity.

Network Security • Chicago, IL • Deal

 

Stax Payments acquires BlockChyp, a firm that develops payment processing platform.

Fintech • Lindon, UT • Deal

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