xAI Secures $20 Billion Funding with Nvidia's Support
Elon Musk's AI startup xAI is raising $20 billion in a funding round, with Nvidia investing up to $2 billion in equity, according to Bloomberg.
Business applications of AI across industries, including corporate implementations, workflow automations, and solutions for operational efficiency.
Elon Musk's AI startup xAI is raising $20 billion in a funding round, with Nvidia investing up to $2 billion in equity, according to Bloomberg.
IBM has announced new capabilities to help enterprises operationalize AI, including enhancements in agentic orchestration and infrastructure automation, as stated in a press release.
Supernova has introduced the Supernova Portal, an AI-powered tool for product development, and secured $9.2 million in Series A funding to expand globally.
General Dynamics Information Technology (GDIT) has been awarded a $1.25 billion task order to support U.S. Army Europe and Africa with IT services, including network modernization and cybersecurity enhancements.
Synechron has announced the acquisition of RapDev, Calitii, and Waivgen, forming the largest ServiceNow practice in the financial services sector, according to a press release.
Oracle NetSuite has announced updates to its SuiteCloud Developer Network partner program, introducing the SuiteApp.AI Marketplace to accelerate AI solution development.
Wesco has enhanced its accounts payable operations using Genpact's AP Suite, achieving significant automation and efficiency improvements.
Lucid Software has announced new AI capabilities and productivity tools to enhance its platform, according to a press release. These updates aim to help organizations streamline operations and adopt AI more effectively.
Agiloft has announced a strategic partnership with Spaulding Ridge to deliver comprehensive contract lifecycle management services, enhancing compliance and decision-making for global enterprises.
Purdue University and VMS Solutions have announced a collaboration to enhance education and research in semiconductor manufacturing, aiming to address the industry's workforce gap.
Artprice by Artmarket has published its 31st Annual Report on the Contemporary Art Market, highlighting record transactions and the impact of AI and female artists.
BigTime Software has appointed Rich Dube as Chief Product Officer and Stephen Hoffman as SVP of Engineering to enhance its AI-driven professional services platform.
Nous Infosystems has been named a Major Contender in the 2025 PEAK Matrix Assessment for AI Application Development Services by Everest Group, highlighting its strong performance and scalable AI solutions.
Fujitsu and Sony Bank have announced the integration of generative AI into Sony Bank's core banking system development, aiming for faster development and enhanced service delivery by April 2026.
Deloitte will deploy Anthropic's AI assistant Claude to over 470,000 employees globally, marking Anthropic's largest enterprise deployment to date.
SAP has introduced a new AI-powered business suite featuring role-based assistants in Joule, designed to enhance enterprise performance by integrating AI, data, and applications.
Blackbaud has announced a new suite of AI capabilities aimed at enhancing the operations of social impact organizations, as stated in a press release. The initiative includes the launch of Agents for Good™, a suite of AI agents designed to assist nonprofits.
The West Virginia Department of Human Services, in collaboration with Cardinality.ai, has launched the COMET platform to enhance communication in the state's foster care system.
Teambridge has introduced Teambridge AI, a platform designed to enhance the management of contingent workforces, as announced in a press release.
Ness Digital Engineering has inaugurated its Mexico headquarters in Guadalajara, aiming to enhance AI-driven digital innovation and expand its nearshore capabilities.