Lemurian Labs, which aims to develop hardware-agnostic portability software for AI workloads, raised a $28M Series A co-led by Pebblebed Ventures and Hexagon (Sally Ward-Foxton/EE Times) https://www.eetimes.com/lemurian-labs-raises-28-million-for-ai-portability-software/
India's digital transformation has exposed citizens to scams like "digital arrests", where victims are coerced into transferring funds under false accusations (Bloomberg) https://www.bloomberg.com/features/2025-india-digital-scams/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2NDkxNTIzMywiZXhwIjoxNzY1NTIwMDMzLCJhcnRpY2xlSWQiOiJUNlM1WFlLSVVQU04wMCIsImJjb25uZWN0SWQiOiI0NjQ4NjlDMTUxOTI0QTA1QkM5N0MwNEM0RTAyQTVBRiJ9.tvDF_QRuEgj0nbQdh4l--XPgnSeiWhuDYHr4kEFHETo
Simular, which is building AI agents for Mac and Windows PCs, raised a $21.5M Series A led by Felicis; Simular has released its 1.0 version for macOS (Julie Bort/TechCrunch)
Excelsior Sciences, which aims to use AI and robots for small-molecule drug discovery and development, raised a $70M Series A from Khosla Ventures and others (Aayushi Pratap/Chemical & Engineering News)
South Korea says it has signed an MOU with Arm to strengthen its chip and AI sectors, including a program to train ~1,400 high-level chip design specialists (Reuters) https://www.reuters.com/business/media-telecom/softbanks-arm-plans-set-up-chip-design-facility-south-korea-2025-12-05/
PermitFlow, which develops AI-powered workflow software for construction permitting, raised a $54M Series B led by Accel, a source says at a ~$500M valuation (Rashi Shrivastava/Forbes) http://www.forbes.com/sites/the-prompt/2025/12/02/this-ai-startup-is-cutting-through-construction-red-tape/
Chinese smartphone makers are promoting apps to help users switch from iOS in a race for market share, as Apple struggles to roll out AI features in China (Financial Times)
In recent months, several companies like Airtable, Handshake, and Opendoor have announced that they are "refounding", as they scramble to add new AI features (Lora Kelley/New York Times)
Digital asset treasuries, one of the hottest trends in public markets in H1 2025, saw a dramatic reversal in H2; SharpLink stock has fallen 86% from its peak (Monique Mulima/Bloomberg) https://www.bloomberg.com/news/articles/2025-12-06/from-2600-gain-to-86-wipeout-crypto-s-hottest-trade-collapsed
A profile of Byron Cook, a VP at Amazon who is leading the company's effort to reduce AI hallucinations with a feature called Automated Reasoning Checks (John Pavlus/Fast Company) https://www.fastcompany.com/91446331/amazon-byron-cook-ai-artificial-intelligence-automated-reasoning-neurosymbolic-hallucination-logic