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Runware, a pioneering company in real-time media generation, has raised $50 million in a Series A funding round led by Dawn Capital. Founded in 2023 by Flaviu Radulesc and Ioana Hreninciuc, Runware offers a platform that allows developers to integrate an API for creating media assets without additional infrastructure. With over five billion creations powered for more than 100,000 developers, Runwares unique approach focuses on a custom AI inference infrastructure for open-source models. The new funding will support the companys expansion, aiming to power over two million models and grow their team to support ambitious goals.

Spotifys Backstage faces competition from Port, an Israeli AI agent management platform. Port raised $100M in Series C, led by General Atlantic, valuing it at $800M. Port aims to streamline AI agent management, addressing challenges in performance measurement, human oversight, and safety guardrails.

Harness, founded by Jyoti Bansal, is a AI-powered DevOps tool company experiencing rapid growth. With a projected $250M in annual recurring revenue and a $5.5B valuation, Harness aims to solve the after-code phase bottleneck in software development. Using AI agents and a software delivery knowledge graph, Harness automates testing, verification, security, and governance. The company plans to expand R&D, hire engineers, and enhance AI capabilities with new funding.

Ayaneos Pocket Play: A Retro Gaming Phone Revival - Ayaneo, known for retro gaming handhelds, unveils its first Android phone, the Pocket Play, inspired by the Sony Ericsson Xperia Play. The device features a sliding screen revealing physical gaming controls, but details on specs and pricing remain scarce. Its expected to offer a unique blend of modern smartphone functionality and classic controls, potentially at a higher price than competitors.

Pregnant woman gives birth in Waymo robotaxi, highlighting advancements in self-driving technology and timeless urgency of childbirth.

State Department Reverts to Times New Roman: A Shift Towards Tradition, Accessibility, and Cost Concerns

Googles CEO, Sundar Pichai, has appointed Amin Vahdat as the first Chief Technologist for AI Infrastructure, a new role reporting directly to him. Vahdat, a computer scientist with a PhD from UC Berkeley, has been instrumental in building Googles AI backbone for the past fifteen years. He previously worked as an associate professor at Duke University and a professor at UC San Diego, publishing over 395 papers. Vahdats expertise lies in making computers work efficiently at a large scale. He unveiled Googles seventh-generation TPU, Ironwood, at Google Cloud Next, delivering 42.5 exaflops of compute power. He also oversees the Jupiter network, Googles super-fast internal network, and has been deeply involved in the development of Borg and Axion, Googles cluster management system and custom Arm-based CPUs, respectively.

State Attorneys General Issue Stern Warning to AI Companies: Delusional Outputs from Chatbots Pose Mental Health Risks