SiliconANGLE: AuxoAI raises over $20M to bring AI expertise to the enterprise and redesign how work gets done
AuxoAI Inc., an enterprise engineering and consulting company that helps large businesses build and deploy artificial intelligence systems, today announced it has raised $20.7 million in a Series A funding to accelerate growth and scale its enterprise AI consulting model. The company said it has spent over three years working with Global 2000 enterprises and […] The post AuxoAI raises over $20M to bring AI expertise to the enterprise and redesign how work gets done appeared first on Silico
AuxoAI is an enterprise consulting company that raised $20.7 million to help large businesses build and deploy artificial intelligence systems. The company works on-site with Global 2000 enterprises to embed AI agents, autonomous systems that work with little or no human oversight, into their core operations by combining business-process expertise, data engineering, and deep knowledge of company workflows. AuxoAI's approach focuses on encoding business knowledge into reusable software and structured processes rather than relying only on interviews or documents, creating what the company calls "intelligence embedded in the work itself." The funding will allow the company to expand its global consulting operations, invest in proprietary technology, and scale its presence within its ecosystem of established technology partners.
Want to go deeper than the news? Explore live, cohort-based AI courses taught by practitioners.
Browse AI courses on Maven
OpenAI is acquiring Orchestra Bio to bring AI-powered operations to life sciences R&D, helping biopharma teams accelerate drug development and advance new treatments.
Town.com Inc., an artificial intelligence agent startup laser focused on getting work done by collaborating with other AI agents, revealed today that it has raised $108 million in a new funding at a $1 billion valuation. The Series B round was led by Forerunner Ventures and Menlo Ventures, and saw participation from Andreessen Horowitz, Serena […] The post AI work assistant startup Town secures unicorn status after raising $108M just weeks after launching appeared first on SiliconANGLE.

In August, Nscale and Anthropic announced a $45 billion compute deal. The two companies are reportedly discussing yet another deal of the same magnitude.

After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.

Meeting note-taking tool Otter.ai announced on Tuesday that it has raised $320 million from General Catalyst’s Customer Value Fund (CVF), which provides capital to startups without diluting equity and gets returns on the results of marketing spend. Otter.ai said that it will use these funds for enterprise growth, go-to-market strategy, international expansion, and product innovation. […]

Anthropic said that it will commit 5% of its shares to the fund.
Also reported by The Decoder