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Fireworks AI Raises $25M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

Frank Slootman , Dmytro Dzhulgakov , Alexandr Wang , Lin Qiao , Pawel Garbacki , James Reed , Chenyu Zhao , Benny Chen , Dmytro Ivchenko , Eric Vishria , Sequoia Capital , Redwood City ,

Quilter raises $10 million for AI-powered circuit board design, led by Benchmark

Circuit board design startup Quilter announced on Tuesday it raised $10 million, saying it would use artificial intelligence to reduce the time to design components that power electronics in rockets, computers, smartphones and other devices. The Los Angeles-based company's software uses a form of artificial intelligence similar to what Google employed to defeat a Chinese grand master at the ancient game of Go. Quilter's technology becomes better at building circuit boards over time and the company plans to completely automate the process. ....

Menlo Park , United States , San Francisco , Max Cherney , Cynthia Osterman , Maxa Cherney , Sergiy Nesterenko , Eric Vishria , Cadence Design Systems , Silicon Valley , Meta Platform , Los Angeles Based , Circuit Board , Artificial Intelligence , Sergiy Nesterenko ,