TechTaffy

tech:

taffy

Owl Labs Raises $25M

By TechTaffy Desk

Boston, MA-based AI-powered 360-degree video conferencing solutions provider Owl Labs has raised $25 million in a Series C round. The funding round was led by HP Tech Ventures, the venture capital arm of HP. Sourcenext also participated in this round, along with existing investors Matrix Partners, Spark Capital, and Playground Global.

Angelo Del Priore, partner at HP Tech Ventures, has joined Owl Labs’ board of directors.

Owl Labs has raised $47 million to date.

Just in

IT

Xerox to acquire Lexmark

Xerox has announced plans to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda Investment Centre for $1.5 billion.
Around the web

ChatGPT search tool vulnerable to manipulation and deception, tests show — The Guardian

OpenAI’s ChatGPT search tool may be open to manipulation using hidden content, and can return malicious code from websites it searches, a Guardian investigation has found; writes Nick Evershed. 
Public Sector

SAIC secures $170.9M cybersecurity contract with Texas Department of Information Resources

Science Applications International Corp. (SAIC) has been awarded a $170.9 million contract by the Texas Department of Information Resources (DIR) to provide cybersecurity services.
Series A

Infinant raises $15M

Charlotte, NC-based Infinant, a bank platform provider, has raised $15 million in a Series A funding round.
AI

Lockheed Martin partners with IBM to enhance AI tools for defense applications

Lockheed Martin is integrating IBM’s Granite large language models (LLMs) into its AI Factory.