Applied Computing has raised $20m in Series A funding to build a foundation AI model for the oil, gas and petrochemical industry. The startup aims to give operators a single model capable of controlling entire plants, addressing a sector that has historically relied on fragmented, specialist software. Source
Microsoft's monthly security-patch release resolved a record 570 vulnerabilities across its product line, with the company crediting AI discoveries for the surge. The Patch Tuesday update marks the largest number of fixes Microsoft has issued in a single month. Source
Emergent, an Indian AI coding startup, has become a unicorn after raising $130m in Series C funding. The company has reached a $120m annualized revenue run rate and counts more than 200,000 paying customers, just over a year after its launch. Source
Rime, an AI platform for handling customer service calls, has secured $24m in Series A funding. The startup is processing over 100 million calls each month across multiple enterprise clients. Source
Suno, an AI music generator, trained on millions of songs scraped from YouTube Music, Deezer, and Genius, according to source code exposed in a recent hacking incident. The revelation came after a hacker obtained access using employee credentials, providing rare visibility into the training data practices of a company that has previously kept its datasets confidential. Source