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AI research lab NeoCognition has secured $40 million in seed funding, led by Cambium Capital and others
Svmuu News: AI research lab NeoCognition has announced the completion of a $40 million seed round led jointly by Cambium Capital and Walden Catalyst Ventures, with participation from Vista Equity Partners. Angel investors include Lip-Bu Tan, CEO of Intel, and Ion Stoica, co-founder of Databricks. Headquartered in Palo Alto, California, the company was co-founded by Ohio State University Associate Professor Yu Su, along with Xiang Deng and Yu Gu, and focuses on enhancing the reliability of AI agents.Its solution enables agents to build domain-specific “world models” during actual use to adapt to specific business environments, rather than relying on generic pre-trained models. The company currently serves enterprise clients and plans to embed sustainably optimized AI agents into SaaS products; it has not yet released a public product.
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24H Trending
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ETH inter-exchange spread reaches 1.11%
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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