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INVESTORS AND FUNDING
Nominal raises $240M at $3B, tripling its value since March
Nominal’s Series C, led by Lightspeed and Insight Partners, triples its valuation since March. Five of the seven largest defence contractors use its hardware testing and AI analysis software.
INVESTORS AND FUNDING
Sumary raises $25M in what it calls Europe’s largest accounting seed round
The Copenhagen startup is moving two co-founders to London, which becomes its commercial hub, and is expanding into Benelux.
ARTIFICIAL INTELLIGENCE
Adobe becomes Disney’s AI partner to build models on its characters
The multi-year deal extends Firefly work at Imagineering to Disney's film studio and ESPN.
NVIDIA
Commerce halted its Megaspeed probe after Nvidia stepped in, NYT reports
The Megaspeed probe moved to the Justice Department after Nvidia’s lawyer named a senior Commerce official in an email to agents. Trump stood by Huang, and China called the spy claims smears.
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