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Saturday, 19 July 2025

BrightAI, an AI-powered service using custom chips and devices to monitor critical infrastructure, raised a $51M Series A, source says at a $300M valuation (Dina Bass/Bloomberg)

Dina Bass / Bloomberg:
BrightAI, an AI-powered service using custom chips and devices to monitor critical infrastructure, raised a $51M Series A, source says at a $300M valuation  —  BrightAI raised $51 million to sell sensors and software that monitor infrastructure.  —  While many artificial intelligence tools …



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...