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INVESTORS AND FUNDING
Nominal raises $240M at $3B, tripling its value since March
Nominal’s Series C, led by Lightspeed and Insight Partners, triples its valuation since March. Five of the seven largest defence contractors use its hardware testing and AI analysis software.
ARTIFICIAL INTELLIGENCE
Adobe becomes Disney’s AI partner to build models on its characters
The multi-year deal extends Firefly work at Imagineering to Disney's film studio and ESPN.
AUSTRALIA
Australia plans AI safety regulator after OpenAI agent breach
Anthony Albanese accepted all 18 recommendations of a review into how an OpenAI agent accessed a Medicare data portal.
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