TwelveLabs raises $100M to bring superintelligence to AI video models
TwelveLabs Inc., the developer of generative artificial intelligence foundation model that can understand videos like humans, today announced it has raised $100 million in early funding to expand beyond simple understanding to achieve holistic intelligence.
Referenced Coverage & Sources
5 Sources CombinedMindgard Raises $30M to Handle Security for AI Models and Applications
Mindgard Ltd., a leader in artificial intelligence cybersecurity, announced today that it raised $30 million in early funding to scale up its product in response to significant demand across the industry, given an increase in high-impact vulnerabilities.
Every Fusion Startup That Has Raised Over $100M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
GLM-5.3 Is Here with Advanced Cyber Capabilities - and Reportedly Already Found a 'serious Vulnerability' in Cursor
Chinese AI startup Z.ai, known internationally for its growing lineup of powerful, largely open source GLM series of language models, today released GLM-5.3.
The Week's 10 Biggest Funding Rounds: Data, Neolab, AI Infrastructure, Defense and AI Coding Lead
Databricks is back raising another $5 billion, after it raised that amount just eight months ago.
Foundation Model
A Foundation Model is a large-scale AI model trained on massive, broad datasets (typically through self-supervised learning) that serves as the baseline starting point for multiple downstream tasks. Examples include GPT-4, LLaMA, and stable diffusion models.
Artificial Intelligence
Artificial Intelligence (AI) is a broad field of computer science dedicated to building systems capable of performing tasks that typically require human cognitive function, such as visual perception, speech recognition, decision-making, and translation.
Series B
Series B funding is designed to scale a startup past the initial growth phase, expanding its market reach, team size, and operations.
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