Lawhive, a British startup utilizing AI to reshape the legal services industry, secured $60 million in Series B funding to expand its operations in the U.S., according to Fortune. The funding round, led by Mitch Rales, cofounder of Danaher Corporation, follows a $40 million Series A round less than a year prior.
Lawhive operates as a legal services firm, employing a network of lawyers supported by an AI-powered technology platform. Investors in the Series B round included TQ Ventures, GV (formerly Google Ventures), Balderton Capital, and Jigsaw, Fortune reported. The company aims to transform the business model of law firms that handle routine legal work for individuals and small businesses.
In other tech news, Kilo, a remote-first AI coding startup, launched Kilo CLI 1.0, a command-line tool supporting over 500 AI models, VentureBeat reported. The tool, backed by GitLab co-founder Sid Sijbrandij, aims to provide developers with flexibility by not restricting them to a single development environment or AI model. This release followed the launch of Kilo's Slackbot, which allows developers to ship code directly from Slack, powered by MiniMax, a Chinese AI startup, according to VentureBeat.
Meanwhile, challenges are emerging in the mining industry as demand for metals like nickel and copper increases due to the growth of data centers, electric cars, and renewable energy projects, MIT Technology Review noted. The nickel concentration at the Eagle Mine in Michigan's Upper Peninsula, the only active nickel mine in the U.S., is declining, potentially making further digging unprofitable. Biotechnology could offer a solution for extracting the metal needed for cleantech, according to MIT Technology Review.
In the realm of system architecture, the Linux kernel's swap subsystem is undergoing modernization with the introduction of the swap table, according to Hacker News, referencing an article on LWN. The swap subsystem is a critical component in memory management and significantly impacts system performance.
Comma, a company that relies on compute, has been running its own data center for years, according to Hacker News. The company stated that "If your business relies on compute, and you run that compute in the cloud, you are putting a lot of trust in your cloud provider." Comma made the decision to run their own data center to avoid high cloud costs and vendor lock-in.
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