ELEVENLAB'S NAMES OPENAI VP AS FIRST CRO
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
ElevenLabs has appointed Ashley Kramer, a former OpenAI vice president, as its inaugural chief revenue officer. The hire reflects the AI voice startup's push to expand commercial demand for its technology.
■ MORE FROM THE STARTUPS DESK
Artificial intelligence coding startup Cognition AI is closing a funding round that would value the company at approximately $47 billion. The raise marks a major milestone for the rapidly expanding AI sector.
HiddenLayer, an AI security platform, has closed a $100M Series B funding round as enterprises prioritize protecting their AI deployments from threats.
New Jersey-based Aitan emerged from stealth with $41 million in funding led by Deep33 and Dell. The startup develops edge AI systems and autonomous robotics for defense applications.
Valencia-based iPronics has raised $125 million in Series B funding to advance optical circuit switch technology. Maverick Silicon and Light Street co-led the round, with Nvidia also participating.