In a funding round that signals a significant leap forward for AI-assisted software development, Bito has raised a $5.7 million seed extension to further advance its agentic AI platform for code review. The round, led by Vela Partners with backing from NextView Ventures, Maxitech Ventures, Eniac Ventures, and others, brings Bito’s total seed-stage funding to…
GridCARE, a pioneering grid intelligence company, has officially emerged from stealth with a $13.5 million seed round, aiming to solve one of artificial intelligence’s most pressing bottlenecks: access to reliable power. The oversubscribed round was led by Xora, a deep tech venture firm backed by Temasek, with participation from a coalition of climate, AI, and…
People and businesses are obsessed with the potential of AI, but 80% of AI projects will fail—and it’s not down to want or enthusiasm. While AI is permeating every industry and sector, the issue lies in businesses not adequately readying themselves for this technological change. Boston Consulting Group reports that one in three companies globally…
AI development is at a pivotal inflection point. While AI’s potential to revolutionize industries is undeniable, its adoption in the enterprise hinges on fostering trust among human employees, while demonstrating tangible return on investment (ROI) for executives and the business overall. Companies that think strategically about integrating AI into core business processes—operations, product development, sales…
What would you do if you were running a 10K road race, struggling to get up a tough hill, and suddenly the rules of the race changed? What if drivers started picking up runners in cars and then raced each other to the finish line? Would you keep running, knowing full well you’ll place in…
Jay Bavisi is the Co-Founder and President of EC-Council, an organization specializing in information security education, training, and certification. Established in response to the cybersecurity challenges highlighted by the events of 9/11, EC-Council focuses on addressing cyber terrorism and related security concerns on a global scale. The organization is known for creating certification programs such…
Microsoft’s recent release of Phi-4-reasoning challenges a key assumption in building artificial intelligence systems capable of reasoning. Since the introduction of chain-of-thought reasoning in 2022, researchers believed that advanced reasoning required very large language models with hundreds of billions of parameters. However, Microsoft’s new 14-billion parameter model, Phi-4-reasoning, questions this belief. Using a data-centric approach…
Google’s newly unveiled Veo 3 model is seriously redefining what AI-generated video can do. Announced at Google I/O 2025, Veo 3 is producing video clips so realistic that most viewers struggle to tell them apart from live-action footage. Veo 3 introduced capabilities—like native audio generation and cinematic visual fidelity—that significantly lower the barrier to professional-grade…
MIT today launched its Initiative for New Manufacturing (INM), an Institute-wide effort to reinfuse U.S. industrial production with leading-edge technologies, bolster crucial U.S. economic sectors, and ignite job creation. The initiative will encompass advanced research, innovative education programs, and partnership with companies across many sectors, in a bid to help transform manufacturing and elevate its…
Why it matters: Embracing AI as a Creative Collaborator explores how AI enhances art, design, music, and human creativity.