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Pramaana Labs received $27 million in seed funding led by Khosla Ventures. The company is developing a system that applies formal verification to AI outputs in regulated fields.
thehindubusinessline.comPramaana Labs announced it has raised $27 million in seed funding. Khosla Ventures led the round, with participation from Accel and additional investors. The company is building software that converts domain rules such as tax codes, clinical protocols, and financial regulations into a formal language.
The system then translates user questions into formal statements and checks whether answers comply with those encoded rules.
Labs states its approach is the first to apply formal verification at commercial scale in high-stakes sectors. The company says the method produces outputs that can be audited mathematically rather than reviewed manually. Current AI systems in tax, law, healthcare, finance, and government still require human sign-off because errors cannot be traced to a responsible party.
The new layer is intended to remove that requirement by making each answer verifiable against the original rules.
Chevron and Microsoft agreed to a 20-year contract supplying natural-gas power to a planned data-center campus near Pecos, Texas. The Project Kilby plant is slated to reach 2.67 gigawatts by the late 2020s.
insidermonkey.comAt least three supertankers moved Iranian oil after the U.S. ended its naval blockade. The U.S. and Iran are discussing a peace framework while Chinese EV exports reached records amid earlier disruptions.
cnbc.comLucid Group said Monday it will reduce its U.S. workforce by about 18 percent and eliminate the chief operating officer position. The moves are expected to deliver $158 million in annual savings.