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LogicFlo AI Secures $2.7 Million in Seed Funding Led by Lightspeed

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LogicFlo AI Secures $2.7 Million in Seed Funding Led by Lightspeed


LogicFlo AI, an AI platform based in Boston, has secured $2.7 million in seed funding led by Lightspeed, with contributions from prominent healthcare and enterprise AI investors. 

This investment will facilitate LogicFlo AI’s global growth within pharmaceutical, biotech, and medtech organisations and enable more extensive deployment with global clients, including a Fortune 500 company that is already signed on, the company said in a press statement. 

Founded by Udith Vaidyanathan and Arun Ramakrishnan, the firm is transforming the approach to regulated scientific work by replacing disjointed tools and repetitive tasks with intelligent AI agents that operate under human supervision.

LogicFlo AI empowers professionals in regulatory affairs, medical writing, quality assurance, and medical information teams to execute high-compliance workflows significantly faster while maintaining accuracy and oversight.

The platform is currently in use at multiple global life sciences firms, with initial deployments showing remarkable improvements: timelines for medical writing have been shortened from weeks to minutes, and response times for medical information have been reduced from almost two weeks to just two days.

“Traditional automation has failed life sciences because it’s too rigid, too brittle, and too out of touch with how people actually work,” explained Arun Ramakrishnan, LogicFlo AI’s co-founder and CTO. “LogicFlo AI agents are different. They’re intelligent, composable, production-ready, and they understand the nuance of scientific work.”

With increasing demand and a growing library of agents, LogicFlo AI is positioning itself as a key foundational layer for regulated enterprises, redefining the execution of complex scientific knowledge work at scale.

Rohil Bagga, VP of investments at Lightspeed, said, “[LogicFlo’s] AI agent platform empowers medical affairs and commercial teams to build agentic workflows across diverse use cases, dramatically boosting productivity.”

With the new funding, LogicFlo AI plans to speed up product development, enhance integrations with life sciences systems such as Veeva and IQVIA, and expand its go-to-market and technical teams to address the increasing demand in the industry. 

The company’s broader vision is to transform the way scientific work is conducted, equipping every expert with tools that align with the speed and complexity of modern science.



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Education

The Trump administration pushed out a university president – its latest bid to close the American mind | Robert Reich

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Under pressure from the Trump administration, the University of Virginia’s president of nearly seven years, James Ryan, stepped down on Friday, declaring that while he was committed to the university and inclined to fight, he could not in good conscience push back just to save his job.

The Department of Justice demanded that Ryan resign in order to resolve an investigation into whether UVA had sufficiently complied with Donald Trump’s orders banning diversity, equity and inclusion.

UVA dissolved its DEI office in March, though Trump’s lackeys claim the university didn’t go far enough in rooting out DEI.

This is the first time the Trump regime has pushed for the resignation of a university official. It’s unlikely to be the last.

On Monday, the Trump regime said Harvard University had violated federal civil rights law over the treatment of Jewish students on campus.

On Tuesday, the regime released $175m in previously frozen federal funding to the University of Pennsylvania, after the school agreed to bar transgender athletes from women’s teams and delete the swimmer Lia Thomas’s records.

Let’s be clear: DEI, antisemitism, and transgender athletes are not the real reasons for these attacks on higher education. They’re excuses to give the Trump regime power over America’s colleges and universities.

Why do Trump and his lackeys want this power?

They’re following Hungarian president Viktor Orbán’s playbook for creating an “illiberal democracy” – an authoritarian state masquerading as a democracy. The playbook goes like this:

First, take over military and intelligence operations by purging career officers and substituting ones personally loyal to you. Check.

Next, intimidate legislators by warning that if they don’t bend to your wishes, you’ll run loyalists against them. (Make sure they also worry about what your violent supporters could do to them and their families.) Check.

Next, subdue the courts by ignoring or threatening to ignore court rulings you disagree with. Check in process.

Then focus on independent sources of information. Sue media that publish critical stories and block their access to news conferences and interviews. Check.

Then go after the universities.

Crapping on higher education is also good politics, as demonstrated by the congresswoman Elise Stefanik (Harvard 2006) who browbeat the presidents of Harvard, University of Pennsylvania and MIT over their responses to student protests against Israel’s bombardment of Gaza, leading to several of them being fired.

It’s good politics, because many of the 60% of adult Americans who lack college degrees are stuck in lousy jobs. Many resent the college-educated, who lord it over them economically and culturally.

But behind this cultural populism lies a deeper anti-intellectual, anti-Enlightenment ideology closer to fascism than authoritarianism.

JD Vance (Yale Law 2013) has called university professors “the enemy” and suggested using Orbán’s method for ending “leftwing domination” of universities. Vance laid it all out on CBS’s Face the Nation on 19 May 2024:

Universities are controlled by leftwing foundations. They’re not controlled by the American taxpayer and yet the American taxpayer is sending hundreds of billions of dollars to these universities every single year.

I’m not endorsing every single thing that Viktor Orbán has ever done [but] I do think that he’s made some smart decisions there that we could learn from.

His way has to be the model for us: not to eliminate universities, but to give them a choice between survival or taking a much less biased approach to teaching. [The government should be] aggressively reforming institutions … in a way to where they’re much more open to conservative ideas.”

Yet what, exactly, constitutes a “conservative idea?” That dictatorship is preferable to democracy? That white Christian nationalism is better than tolerance and openness? That social Darwinism is superior to human decency?

The claim that higher education must be more open to such “conservative ideas” is dangerous drivel.

So what’s the real, underlying reason for the Trump regime’s attack on education?

Not incidentally, that attack extends to grade school. Trump’s education department announced on Tuesday it’s withholding $6.8bn in funding for schools, and Trump has promised to dismantle the department.

Why? Because the greatest obstacle to dictatorship is an educated populace. Ignorance is the handmaiden of tyranny.

That’s why enslavers prohibited enslaved people from learning to read. Fascists burn books. Tyrants close universities.

In their quest to destroy democracy, Trump, Vance and their cronies are intent on shutting the American mind.

  • Robert Reich, a former US secretary of labor, is a professor of public policy emeritus at the University of California, Berkeley. He is a Guardian US columnist. His newsletter is at robertreich.substack.com



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Funding & Business

Misfiring Models Leave Wall Street Currency Traders Flying Blind

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Some of Wall Street’s tried-and-true currency strategies aren’t working anymore, and it’s baffling even the most seasoned traders.



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Business

Capgemini falls as WNS deal raises questions over AI’s business impact — TradingView News

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** Shares in French IT services firm Capgemini CAP fall more than 5% to their lowest price since late April, after it agreed to buy WNS WNS for $3.3 billion of cash

** Analysts from Morgan Stanley say investors are concerned over the impact of Gen AI on the business process outsourcing (BPO) market that Capgemini wants to develop into

** “The bear case is that new technology would shift BPO from a people intensive business to one which is much more highly automated and managed by software and not people” – MS

** This could mean reduction of BPO revenues and exposure of incumbent vendors to competition from new entrants, MS adds

** “We expect investors to be able to see the opportunity that could come from disrupting BPO with Gen AI but think some evidence will be needed to convince the market WNS is the right vehicle,” MS says

** The analysts add WNS is not large enough to be transformational to Capgemini’s financials, while the deal is using up its balance sheet firepower for a couple of years

** Capgemini’s shares are at the bottom of Europe’s benchmark STOXX 600 index SXXP



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