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THE DAILY INDEX

Technology, AI, software, security, crypto and business

HEADLINES & LAUNCHES

TLDR AI

TOGETHER AI ANNOUNCES $305M SERIES B

Together AI announced a $305 million Series B funding round led by General Catalyst and Prosperity7, with participation from investors like NVIDIA and Salesforce Ventures. This investment will enhance Together AI's position as a leader in AI Cloud solutions, with a focus on supporting open-source AI models and NVIDIA Blackwell GPU deployment. Together AI's platform enables efficient AI application development, offering enterprise-grade inference, training, and model fine-tuning. The company has planned infrastructure expansions to support rapid ecosystem growth.

THE FUTURE OF LEGAL WORK WITH EUDIA

Eudia has secured $105 million in Series A funding to transform legal operations through augmented intelligence, enhancing the capabilities of legal teams rather than replacing them. By partnering with notable Chief Legal Officers, Eudia aims to streamline legal processes and shift legal departments from being cost centers to strategic value drivers. This marks a significant shift towards AI-empowered legal functions within Fortune 500 companies.

AN AI ALCHEMIST AND HIS DEEPSEEK JOURNEY

Wenfeng Liang, a hedge fund manager, launched DeepSeek, a self-funded open-source AI platform that has rapidly gained global attention for its innovative LLMs like DeepSeek-R1, comparable to OpenAI's models. Using more cost-effective training methods and consumer-grade hardware compatibility, DeepSeek has sparked interest among both major tech companies and small institutions. Liang's focus on open-source AI development, backed by his success with Magic Square Quantitative, emphasizes collaboration and technological progress over commercial pressures.

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