Mach9 raises $34M after pivoting to AI CAD software

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

A young company built to grow quickly, often around a new product or technology, usually funded by investors.

Startups create new jobs and industries, but most fail, which is why funding rounds are closely watched.