Oregon legal tech startup raises $22M to fuel AI platform that speeds research, drafting and more

Paxton leadership, from left: Michael Ulin, co-founder and CTO; Jen Paau, COO; and Tanguy Chau, co-founder and CEO. (Paxton Photo) Paxton, a Bend, Ore.-based legal tech startup, raised $22 million…

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‘We live in amazing times’: Smartsheet leader calls AI a ‘gift’ that is transforming how we live and work

Smartsheet’s Praerit Garg. (LinkedIn Photo) Praerit Garg is excited about going to work, thanks to artificial intelligence, which he refers to as “a gift.” The president of product and innovation at…

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Cybersecurity startup Eclypsium raises $45M to help companies secure their infrastructure

Eclypsium co-founders Yuriy Bulygin (left) and Alex Bazhaniuk. (Eclypsium Photo) Eclypsium, a Portland, Ore.-based startup that helps Fortune 500 companies and government agencies strengthen the cybersecurity of their technical infrastructure…

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Sam Altman, SoftBank invest in $425M round for Helion, a Seattle-area startup chasing fusion power

Helion’s facility in Everett, Wash. (Helion Photo) Helion Energy announced a $425 million funding round that will help the Seattle-area fusion company chase the “Holy Grail” of clean energy. The…

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DeepSeek’s new model shows that AI expertise might matter more than compute in 2025

Madrona partner Jon Turow. (Madrona Photo) Editor’s note: This post first appeared on Jon Turow’s Substack newsletter. The AI community is rightfully buzzing about the new model DeepSeek R1 and is racing to digest what it…

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