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Radius Raises $54.7M

Radius, a San Francisco-based company that offers a marketing intelligence platform, has raised $54.7 million in a funding round from investors including Founders Fund, Glynn Capital Management, Formation 8, Yuan Capital, John Mack formerly of Morgan Stanley, Charles Songhurst formerly of Microsoft, actor and entrepreneur Jared Leto, BlueRun Ventures, Dave Morin, Kevin Colleran, and Western Technology Investments.

This brings the company’s total rounding to $80 million.

[Image courtesy: Radius]

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DHS establishes AI safety and security board

The Department of Homeland Security (DHS) has established an Artificial Intelligence Safety and Security Board (the board). The inaugural members include CEOs and executives from companies like OpenAI, Anthropic, Delta Air Lines, IBM, Nvidia, Microsoft, Adobe, Amazon Web Services, Advanced Micro Devices (AMD), and Cisco.

Blaize raises $106M

El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.

Rivos raises $250M

Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round

IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry

IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.