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Owl Labs Raises $25M

Boston, MA-based AI-powered 360-degree video conferencing solutions provider Owl Labs has raised $25 million in a Series C round. The funding round was led by HP Tech Ventures, the venture capital arm of HP. Sourcenext also participated in this round, along with existing investors Matrix Partners, Spark Capital, and Playground Global.

Angelo Del Priore, partner at HP Tech Ventures, has joined Owl Labs’ board of directors.

Owl Labs has raised $47 million to date.

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Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.

Biggest Windows 11 update in 2 years nearly finalized, enters Release Preview — Ars Technica

Microsoft has released Windows 11 24H2 build 26100.712 to its Release Preview testing channel for Windows Insiders, a sign that the update is nearly complete and that the company has shifted into bug-fixing mode ahead of general availability, writes Andrew Cunningham in Ars Technica. 

Elon Musk’s xAI is working on making Grok multimodal — The Verge

Elon Musk’s AI company, xAI, is making progress on adding multimodal inputs to its Grok chatbot, according to public developer documents, writes Kylie Robison in The Verge.