spinout

Google moonshot spinout SandboxAQ claims an ex-exec is attempting ‘extortion’|EXCLUSIVE:

by

A former SandboxAQ executive filed a wrongful termination suit last month filled with such scandalous allegations against the company’s famed CEO, Jack Hidary, that plaintiff himself redacted the most salacious details.  On Friday, the company’s lawyers filed a blistering response, calling the former employee a “serial liar” and stating his lawsuit “asserts false claims for improper … Read more

Intel spinout Articul8 raises more than half of $70M round at $500M valuation|EXCLUSIVE:

by

Articul8, an enterprise AI company spun out of Intel in early 2024, has secured more than half of a planned $70 million funding round at a $500 million pre-money valuation, according to its CEO, as it looks to capitalize on growing demand for AI systems in regulated industries. The Series B funding round is structured … Read more