This week's recap of startup news features significant acquisitions and funding rounds, indicating a dynamic and evolving industry. Notable highlights include Rubrik's acquisition of Predibase to enhance AI capabilities, Kadmos' acquisition by NYK Line for fintech expansion, and Suno's announcement of acquiring WavTool amid ongoing legal issues. Additionally, Getty Images has dropped a major lawsuit against Stability AI, though other legal battles continue. In funding news, Harvey AI raised $300 million in a Series E round, reflecting the ongoing robust investment landscape, especially in AI-driven startups and services.
Harvey AI secured a $300 million Series E funding round, co-led by Kleiner Perkins and Coatue, raising the same amount just four months after its Series D.
Rubrik's acquisition of Predibase aims to bolster the integration of AI agents into its services, further highlighting the growing importance of AI in cybersecurity.
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