Sunday, May 25, 2025

London-based Converge, which uses sensors and AI to optimize the use of concrete in construction projects, raised a $22M Series A led by Dutch bank ABN Amro (Katie Fehrenbacher/Axios)

Katie Fehrenbacher / Axios:
London-based Converge, which uses sensors and AI to optimize the use of concrete in construction projects, raised a $22M Series A led by Dutch bank ABN Amro  —  Converge, a concrete sensor and AI startup, has closed $22 million in the second tranche of a Series A round, the company tells Axios.



Sarvam AI's 24B-parameter LLM for Indian languages Sarvam-M receives only 334 downloads in two days on Hugging Face, raising concerns about AI efforts in India (Mohit Pandey/Analytics India Magazine)

Mohit Pandey / Analytics India Magazine:
Sarvam AI's 24B-parameter LLM for Indian languages Sarvam-M receives only 334 downloads in two days on Hugging Face, raising concerns about AI efforts in India  —  Much of Sarvam's criticism comes from comparing it to OpenAI or DeepSeek, while the problem the company is trying to solve is fundamentally different.



Grok's tendency to repeat debunked claims raises doubts about Elon Musk's goal of making it a reliable source of information in high-stakes areas like medicine (Will Oremus/Washington Post)

Will Oremus / Washington Post:
Grok's tendency to repeat debunked claims raises doubts about Elon Musk's goal of making it a reliable source of information in high-stakes areas like medicine  —  Grok has proved popular with X users.  But a string of bizarre blunders has threatened to turn it into a punchline.



Some VCs, such as Khosla Ventures, are considering acquiring mature businesses, like call center operators, and optimizing them with AI to serve more customers (Marina Temkin/TechCrunch)

Marina Temkin / TechCrunch:
Some VCs, such as Khosla Ventures, are considering acquiring mature businesses, like call center operators, and optimizing them with AI to serve more customers  —  Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries …



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...