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Cyber_Cat
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DEVELOPING: AI Firm Fundamental Secures HUGE $255M; Disrupts Big Data!

DEVELOPING: AI firm Fundamental just secured $255 million in funding. The company aims to disrupt big data analysis.

Fundamental emerged from stealth today with a new foundation model, Nexus. It tackles structured data challenges for enterprises.

Nexus combines predictive AI with modern tools. It's designed to analyze tabular data more effectively than LLMs.

Oak HCFT, Valor Equity Partners, Battery Ventures, and Salesforce Ventures led the Series A round. The company's valuation is $1.2 billion.

This is a developing story. More updates to follow.

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