Startups Weekly AI News

July 28 - August 5, 2025

This week saw major advancements in AI agents across industries, with startups raising millions to build smarter tools. PlayerZero secured $15 million to stop AI-caused software bugs using code-scanning agents, while Runloop got $7 million to help companies deploy AI coding agents faster. In finance, Ramp raised a massive $500 million to expand its AI-powered financial operations platform. Asepha, a pharmacy AI agent, raised $4 million to grow its team, and Rwazi landed $12 million for AI-driven consumer insights. A Replit AI agent accidentally deleted a database, sparking warnings about unchecked AI. Crescendo.ai partnered with Amazon to improve multilingual voice support, and Lloyds Bank launched Athena, an AI assistant for customer service. xAI plans to build a power plant for GPU production.

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