Freshworks agrees to acquire Torii for AI spend governance
Freshworks agreed to acquire Israeli SaaS management company Torii, extending Freshservice into software and AI spend governance; terms were not disclosed.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Freshworks agreed to acquire Israeli SaaS management company Torii, extending Freshservice into software and AI spend governance; terms were not disclosed.
HealthpointCapital has made a significant investment in Ospitek, which provides AI software for surgical operations and patient flow. Financial terms were not disclosed.
Ubitium raised $14 million to commercialize a processor that combines sensing, AI inference and machine control. Evaluation units for its UB410 chip are planned for 2027.
DeepSeek has agreed to lead a seed round of tens of millions of dollars for robotics startup Winverse AI at about a $400 million valuation, Bloomberg reported.
Character.ai filed for Chapter 11 to pursue a court supervised sale, with a Disney affiliate as opening bidder at $20 million for a license to some of its IP.
Workday signed an agreement to acquire C1.ai, adding tools that manage access to business systems for employees and AI agents.
Sensydia secured more than $6 million to complete a clinical study of its Cardiac Performance System and prepare for a commercial launch.
Stout acquired Flightline after the companies spent more than 12 months developing AI workflows for professional services.
POSCO DX invested 2 billion won in Enhans and signed an MOU to build AI agents on Enhans Agent OS that capture the know-how of experienced workers.
Moonshot AI executives are in talks to settle a shareholder dispute involving allegations that they diverted technology and business from Recurrent.ai. The dispute is in arbitration in Hong Kong.
PayJoy will acquire select Finia AI assets, adding technology for assessing borrowers with limited financial data to its global lending platform.
HR Path acquires SnapAI to expand its AI governance and regulatory compliance capabilities for human resources systems.
Samsung Ventures and Applied Ventures invested an undisclosed amount in Flexcompute to support its Physics World Model research.
Former Plaud executive Peter Mo's startup Ambi raised $26 million and released AI assistant apps for iPhone, Mac and Apple Watch.
Sopris Capital completed its acquisition of medical imaging AI company Blackford Analysis from Bayer and plans to combine it with Azra AI.
KONST raised $30 million in Series B funding led by ADATA Technology to expand AI data centers across Asia and develop its compute delivery platform.
PLACE has agreed to acquire Ardley, whose AI software helps mortgage lenders and banks identify opportunities within existing loan portfolios and send prepared offers to borrowers.
Lean SuperIntelligence introduced two cybersecurity language models that train through simulated offense and defense interactions and can run on customer infrastructure.
TypeSafe AI raised $870 million at a $7.5 billion valuation weeks after releasing its Jev decision model.
Danu Robotics raised $5 million in late seed funding to commercialize H.E.R.O., its AI recycling sorting robot.