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Simulation: the new Scaling Law — Joon Sung Park, Simile AI

Simile AI raised a $2B Series B from GreenOaks and Index Ventures to scale human-behavior simulation for Fortune 100 clients like CVS.

Simile AI, co-founded by Generative Agents researcher Joon Sung Park, announced a $2 billion Series B backed by GreenOaks and Index Ventures, with Fei-Fei Li and Andrej Karpathy among backers. The company runs tens of millions of simulations for Fortune 100 clients including CVS, reporting 85-99% accuracy versus human focus groups and digital twins of 1,000 real people at 85% behavioral accuracy. The long-term ambition is foundation models of human behavior, post-trained on interviews, transaction data, and randomized controlled trials, potentially simulating all 8 billion people.

Latent Space · 25d agoAI industry

AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks

Listen Labs abandoned a signed $125M Series C term sheet at a $1.5B valuation amid acquisition talks with Salesforce at roughly $2 billion.

Listen Labs, a three-year-old voice AI market research startup with about $30 million in annualized revenue, signed a term sheet for a $125 million Series C led by Menlo Ventures at a $1.5 billion valuation but walked away before closing. The financing likely collapsed due to acquisition talks with Salesforce at around $2 billion, though no deal is finalized. Competitor Simile recently closed a $200 million Series B at a $2 billion valuation, resetting benchmarks for the sector. Listen Labs' customers include Microsoft, Canva, Anthropic, and Sweetgreen.

TechCrunch · AIupdated · 4d agofirst · 6d agoAI industry 2 sources

AIR raises $50M to help companies vet the skills and add-ons AI agents use

AI security startup AIR exits stealth with $50M across two seed rounds to continuously vet skills, plugins, and MCP servers used by enterprise AI agents.

AIR, founded by Unit 8200 veterans Yair Saban and Niv Hoffman, raised $10 million led by Sequoia and $40 million led by Greenoaks to secure the emerging AI agent software supply chain. Its platform discovers agents in enterprise environments, intercepts their actions, and continuously vets skills, add-ons, and MCP servers against a maintained whitelist, filtering out about 27% of found add-ons. The company claims over 20 customers, roughly a quarter large enterprises, with strong demand in financial services and pharma, and competes with Noma Security, Zenity, Astrix Security, and Operant AI.

TechCrunch · Security · 15d agoAI industry