Accel

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Every Accel story collected by The AI Daily, 3 so far, newest first, refreshed hourly.

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Accel sees AI opportunity shifting to applications

Accel partner Matt Weigand calls the AI boom Silicon Valley's biggest tech cycle, with investors watching where returns will land as billions flow into models, chips and data centers. He says open-source AI can grow alongside frontier labs like Anthropic and OpenAI, and trust and safety are becoming key factors in backing AI founders.

Bloomberg ·

Ema raises $77M Series B

AI agents startup Ema raised $77M in Series B led by Creaegis with Accel, Section 32 and Prosus participating, bringing total funding to $140M. Its AI employees automate HR, IT and finance processes for over 50 enterprise customers including Google and Microsoft.

TechCrunch ·
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