Connect with us

Technology

Snorkel AI Raises $350M to Scale the Data Factory for Frontier AI

Published

on

SAN FRANCISCO, Sept. 22, 2026 /PRNewswire/ — Snorkel AI, the frontier AI data lab, today announced it raised $350 million at a valuation of $3.5B in a round co-led by Insight Partners and S32, with significant participation from existing investor Addition. The round included new investors March Capital, Blumberg Capital, Allegis Capital, Frontline, Standard, and Third Point Ventures, along with existing investors Greylock, Lightspeed, GV, Factory, Prosperity7, Walden Catalyst, and Wells Fargo. The investment will expand Snorkel’s agentic data factory, which supplies the data and environments behind the world’s most advanced AI lab systems.

The raise comes amid a fundamental phase shift in AI data. Building AI in the Data 1.0 era meant simple labeling tasks, a volume problem solved with headcount. Today’s frontier and agentic systems demand Data 2.0: expert agentic tasks, environments, and rubrics that take even the most qualified humans hours or days to construct. Designing them well is research work, where quality and complexity determine value.

Meeting that bar requires a wholly new paradigm for data development, which is partly why Snorkel has grown rapidly since launching its expert Data-as-a-Service offering in September 2025. The company works with leading AI labs and enterprises on the data behind frontier model evaluation and training. The work is a natural outgrowth of Snorkel’s roots: the company grew out of the Stanford AI Lab nearly a decade ago with a founding team that pioneered the field of data-centric AI and continues to contribute science on data at the jagged frontier of AI development. That body of work spans 250+ peer-reviewed papers cited more than 25,000 times.

“The teams pushing the frontier want a research data partner who pioneers the science of data development,” said Alex Ratner, co-founder and CEO of Snorkel AI. “That’s what Snorkel was built to be: the frontier lab for agentic data, combining human excellence with over a decade of research and technology.”

“Snorkel’s research-grade approach to AI data, environments, and measurement is becoming an increasingly important ingredient in building capable and reliable AI systems – and their demonstrated growth at scale reflects that,” said Lonne Jaffe, Managing Director at Insight Partners. “We’re excited to back Alex and the team as they continue to bring their frontier AI data factory capabilities to longer-running, complex work in high value industries like healthcare, law, and software engineering.”

“Snorkel’s expert-agentic environments create a unique flywheel between human expertise and AI, delivering data at the speed and quality that enables a new era of efficiency and accuracy for model development,” said Andy Harrison, CEO and General Partner of S32. “Working with Snorkel ensures the highest frontier model success rate and creates a true partnership between model developer and data provider.”

Snorkel plans to use the funding to grow the capacity of its agentic data factory to meet demand, accelerate investment in vertical and enterprise AI, and extend its core research and technology into new domains and modalities. The company will also deepen its investment in open research, building on programs like its Open Benchmarks Grants initiative.

About Snorkel AI

Snorkel AI is the frontier AI data lab, helping teams build the data and environments behind high-performing frontier and agentic AI. We combine technology with research-driven AI data development to create datasets, benchmarks, evals, and custom solutions for real-world AI systems. Founded out of the Stanford AI Lab in 2019, Snorkel works with leading AI labs and enterprises to move from better data to better outcomes.

About Insight Partners

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2025, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 900 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has a global presence with leadership in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

Media Contact press@snorkel.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/snorkel-ai-raises-350m-to-scale-the-data-factory-for-frontier-ai-302886796.html

SOURCE Snorkel AI

Continue Reading

Technology

Nuveen Prices Senior Notes Offerings

Published

on

By

NEW YORK, Sept. 22, 2026 /PRNewswire/ — Nuveen, LLC (“Nuveen”) announced today the pricing of (1) an offering (the “GBP Offering”) of £550 million aggregate principal amount of 6.052% Senior Notes due 2031 (the “2031 GBP Notes”), and (2) an offering (the “USD Offering”) of $2 billion aggregate principal amount of Senior Notes which were offered in three series: (i) a series of 5.572% Senior Notes due 2029 in an aggregate principal amount of $750 million (the “2029 USD Notes”), (ii) a series of 5.738% Senior Notes due 2031 in an aggregate principal amount of $750 million (the “2031 USD Notes”) and (iii) a series of 6.063% Senior Notes due 2036 in an aggregate principal amount of $500 million (the “2036 USD Notes” and, together with the 2031 GBP Notes, the 2029 USD Notes and the 2031 USD Notes, the “Notes”).

Nuveen intends to use the net proceeds for general corporate purposes, which may include, among other things, to fund a portion of the cash consideration for Nuveen’s acquisition (the “Acquisition”) of Schroders plc and to pay fees and expenses related to the Acquisition and to this offering.

The Notes will be unsecured, senior obligations of Nuveen. The 2031 GBP Notes will mature on September 25, 2031, the 2029 USD Notes will mature on September 25, 2029, the 2031 USD Notes will mature on September 25, 2031 and the 2036 USD Notes will mature on September 25, 2036.

The closing of the GBP Offering is not contingent on the closing of the USD Offering, nor is the closing of the USD Offering contingent on the closing of GBP Offering.

The Notes were offered only to (i) persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and (ii) certain non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act or any state securities laws and therefore may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Nuveen

Nuveen, a TIAA Company, is a global investment leader, managing $1.4 trillion in public and private assets for clients around the world, as of June 30, 2026. With broad expertise across income and alternatives, we invest in the growth of businesses, real estate, infrastructure, and natural capital, providing clients with the reliability, access, and foresight unique to our 125+ year heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors — all to pursue lasting performance for our clients, our communities, and our global economy.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward- looking statements” are, among other things, statements regarding Nuveen’s business strategy, plans and objectives, including the use of proceeds from the offering. Though Nuveen believes that the expectations reflected in these “forward-looking statements” are reasonable, they are inherently uncertain and involve a number of risks and uncertainties beyond Nuveen’s control. In addition, assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied in “forward-looking statements” as a result of a variety of factors. These “forward-looking statements” speak only as of the date made, and other than as required by law, Nuveen undertakes no obligation to update or revise any “forward-looking statement” or provide reasons why actual results may differ, whether as a result of new information, future events or otherwise.

Media Contact
Sally Lyden | Sally.Lyden@nuveen.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/nuveen-prices-senior-notes-offerings-302886799.html

SOURCE Nuveen

Continue Reading

Technology

UTulsa rises to Top 75 private research university in U.S. News rankings

Published

on

By

TULSA, Okla., Sept. 22, 2026 /PRNewswire/ — The University of Tulsa is ranked a Top 75 private research university, according to the 2027 U.S. News & World Report’s Best College report released Tuesday. The publication also ranks UTulsa the No. 1 best value for higher education in the state of Oklahoma.

Academic excellence and outstanding outcomes drive UTulsa’s recognition as a leading small, private research university.

UTulsa advanced 10 places in overall rank for national universities, increased 16 spots in undergraduate engineering programs, jumped 57 positions in undergraduate computer science programs, climbed 26 places in undergraduate business programs and rose eight spots among the best colleges for veterans.

The University of Tulsa remained No. 3 for undergraduate petroleum engineering programs among all national universities and No. 1 in Oklahoma.

Earlier this year, UTulsa took the bold step to increase access to academic excellence by announcing that the annual undergraduate rate for tuition and required fees will be set at $25,000 beginning in fall 2027. Additionally, new undergraduates will have that rate locked in for at least four years. And once students factor in merit- and need-based financial aid, most will pay even less than the published cost. This move makes The University of Tulsa the most affordable private research university in the nation’s heartland.

U.S. News collected data for the 2027 report before UTulsa made its tuition announcement, signaling that future best value rankings will continue an upward trajectory once the new pricing structure is fully considered.

Tuesday’s rankings news is just the latest of many accolades UTulsa has acquired this year, including:

Named No. 11 in the country for best student experience by the Wall Street JournalRated the top university in Oklahoma by WalletHubRecognized by Money magazine for highest median income for recent grads in Oklahoma

According to Niche.com, students who receive a bachelor’s degree from The University of Tulsa report a median starting salary of $58,279.

“While student experience and post-graduation outcomes will always be our primary focus, these and other rankings confirm that we are a university on the rise. We are on the right track and poised for growth and more significant impact in the near and long term,” said President Stacy Leeds. “Today’s announcement highlights the outstanding achievements of our students, the dedication of our faculty and staff and the generosity of donors who provide opportunity at every turn.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/utulsa-rises-to-top-75-private-research-university-in-us-news-rankings-302886814.html

SOURCE The University of Tulsa

Continue Reading

Technology

Streem Welcomes Back Tess Fezzuoglio as Commercial Director to Lead Next Phase of Growth

Published

on

By

SYDNEY, Sept. 23, 2026 /PRNewswire/ — Streem is pleased to announce the return of Tess Fezzuoglio, who rejoins the business as Commercial Director to lead the next phase of commercial growth.

Having previously been part of Streem’s early growth from 2020 to 2022, Fezzuoglio returns to Streem armed with international experience, a fresh perspective and a deep understanding of the industry to continue Streem’s expansion.

Tess brings over 11 years of experience in the media intelligence industry, having spent the last 4 years in London at Onclusive, leading Northern Europe’s commercial arm.

In her new role, Fezzuoglio will oversee Streem’s commercial operations and client strategy, continuing to drive expansion across corporate, government, and agency sectors in Australia and New Zealand.

“I’m incredibly excited to be coming back to Streem. Having spent the last few years on the other side of the world, working across the UK and Europe, I can honestly say it has only reinforced how special Streem is. The product truly is the best in the market, and seeing the landscape from the outside has given me an even greater appreciation for what Streem has built, and excited for what’s to come for our customers,” said Tess Fezzuoglio.

“I’m really looking forward to reconnecting with familiar faces and rolling up my sleeves to help drive the next stage of growth alongside such a talented team”.

Senior Vice President for APAC at Cision, Royce Shih, said, “We are thrilled to have Tess re-join Streem, bringing her wealth of international experience, strategic vision, and proven leadership back home to Streem.”

“Her deep understanding of Streem’s roots, combined with the global expertise she has gained, makes her uniquely positioned to guide our commercial teams into our next phase of growth.”

Tess’s appointment is effective immediately.

About Streem

Streem is a leading provider of media intelligence solutions in Australia and New Zealand, empowering organisations to make informed decisions and drive business success through realtime content and insights. Streem is part of Cision, the global leader in PR and marketing communications technology.

For media inquiries, please contact:
Streem 
marketing@streem.com.au

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/streem-welcomes-back-tess-fezzuoglio-as-commercial-director-to-lead-next-phase-of-growth-302886261.html

SOURCE Streem

Continue Reading

Trending