Mem, a work-focused app that uses AI to organize notes, raised $23.5M led by the OpenAI Startup Fund at a $110M valuation, bringing its total funding to $29M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
IriusRisk, which offers companies an automated threat modeling platform, raised a $29M Series B led by Paladin Capital, bringing its total funding to ~$40M  —  IriusRisk, a threat modeling platform, today announced that it raised $29 million in a Series B funding round led by Paladin Capital Group …

Kyle Wiggers / TechCrunch:
Microsoft plans to integrate DALL-E 2 with the newly announced Microsoft Designer app and Image Creator tool in Bing and Microsoft Edge  —  Microsoft is making a major investment in DALL-E 2, OpenAI’s AI-powered system that generates images from text, by bringing it to first-party apps and services.

Daniel Levi / Tech Startups:
Colorado-based ColdQuanta, which uses cold atom tech to build and integrate quantum computers, sensors, clocks, and networks, raised a $110M Series B  —  The internet has changed over the years.  But the groundwork for today’s internet was laid in 1973 by the U.S. Defense Advanced Research Projects Agency (DARPA).

Kyle Wiggers / TechCrunch:
Descript, the AI-powered media editing app founded by Andrew Mason, raised a $50M Series C led by the OpenAI Startup Fund, bringing its total funding to $100M  —  Descript, the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million …

Jess Weatherbed / The Verge:
Twitter says Community Notes will require contributors to achieve a “Rating Impact” of 5+ by rating enough notes before they can write notes themselves  —  Twitter has announced that its recently released Community Notes feature will now require all contributors to rate …

The Information:
Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others  —  OpenAI, whose text- and image-generating artificial intelligence has become a mainstream hit, is in advanced talks to raise …