Latest News

Stay up to date with the latest developments in artificial intelligence.

ACI Mechanical and HVAC Sales Appoints Tyler Keller as Vice President of Data Center Solutions

ACI Mechanical and HVAC Sales has appointed Tyler Keller as Vice President of Data Center Solutions. Keller brings over 17 years of experience in HVAC and energy systems for hyperscale, colocation, and AI infrastructure environments.

May 19, 2026

Century Health Raises $5 Million Seed Round to Expand AI Clinical Data Platform

Century Health has raised $5 million in an oversubscribed seed round led by Origin Ventures to expand its AI platform CHARM, which automates the curation of clinical data with 97 percent accuracy.

May 19, 2026

Liftoff Expands Cortex AI Engine With New Predictive Modeling Features

Liftoff has introduced new capabilities for its Cortex prediction engine, adding features such as unattributed sample learning, multicast modeling, and sequential behavioral analysis to improve mobile ad performance and precision.

May 19, 2026

Vi Introduces AI Agent Suite for Healthcare and Closes $145 Million Transaction

Vi has released a suite of AI agents for healthcare, life sciences, and wellness enterprises, integrated across its Activate, Engage, and Operate platforms. The company also completed a $145 million transaction, valuing it at $1.64 billion.

May 19, 2026

Checker Raises $8 Million to Expand Unified Stablecoin Infrastructure for Institutions

Checker has raised $8 million in funding from Galaxy Ventures, Al Mada Ventures, and Framework Ventures to expand its unified digital asset and stablecoin infrastructure for financial institutions. The company plans to enhance global payments coverage and introduce AI-powered treasury tools.

May 19, 2026

DataBank Names Kevin Ooley as Next CEO, Raul Martynek to Become Executive Chairman

DataBank announced that President and CFO Kevin Ooley will become CEO effective January 1, 2027, as current CEO Raul Martynek transitions to Executive Chairman of the Board.

May 19, 2026

EMA Research Finds Legacy Identity Systems Slowing AI Adoption in Finance

A global survey by Enterprise Management Associates, commissioned by Ory Corp., shows that financial and insurance institutions are adopting AI more cautiously than other sectors due to legacy identity systems and regulatory constraints.

May 19, 2026

Shield AI Selected to Integrate Hivemind Autonomy into LUCAS Drone Program

Shield AI has been chosen by the Office of the Under Secretary of War for Research and Engineering to incorporate its Hivemind autonomy software into the LUCAS kamikaze drone program, enabling coordinated swarm operations.

May 19, 2026

Tranchi AI Targets $25 Million Valuation with Expansion into AI Real Estate Infrastructure

Tranchi AI expects a $25 million valuation after expanding its AI capabilities into real estate infrastructure and automation services, moving beyond consumer property sourcing tools to backend systems for investors and professionals.

May 19, 2026

Triple Whale Launches Moby 2 AI System for Ecommerce Operations

Triple Whale has released Moby 2, an AI platform designed to automate ecommerce operations across marketing, creative, and conversion tasks, using data from more than 60,000 brands.

May 19, 2026

Kaufman Rossin Report Finds 94% of Mid-Market Firms Use Generative AI but Few Scale Successfully

A new Kaufman Rossin report shows that while nearly all mid-market companies use generative AI, only 2% have scaled it across their organizations. The study identifies key barriers including talent shortages, cybersecurity concerns, and legacy system integration challenges.

May 19, 2026

DriveNets Fabric Scheduled Ethernet Added to Dell AI Factory

DriveNets has announced that its Fabric Scheduled Ethernet solution is now available as part of the Dell AI Factory, expanding options for building high-performance AI clusters across multiple environments.

May 19, 2026

DVIGear Introduces DisplayNet Connect for AI Agents

DVIGear has announced DisplayNet Connect for AI Agents, allowing natural language control of DisplayNet AV-over-IP systems through integration with leading AI assistant frameworks.

May 19, 2026

Teradata Introduces On-Premises Factory for Autonomous Knowledge Platform

Teradata has announced the Teradata Factory, an on-premises extension of its Autonomous Knowledge Platform built with Dell Technologies infrastructure, designed to unify enterprise AI and analytics across hybrid environments.

May 19, 2026

Corgi Semiconductor Photonics ETF Reaches $150 Million in Two Weeks

Corgi announced that its Lithography & Semiconductor Photonics ETF (EUV) has surpassed $150 million in assets under management less than two weeks after launch.

May 19, 2026

Corvex Reports Q1 2026 Results Following Transition to AI Cloud Computing

Corvex, Inc. reported first quarter 2026 financial results, marking its transition to an AI cloud computing business after acquiring Corvex OpCo and renaming from Movano Inc. The company posted revenue of $510 thousand and a net loss of $5.1 million.

May 19, 2026

Analog Devices to Acquire Empower Semiconductor for $1.5 Billion

Analog Devices has agreed to acquire Empower Semiconductor in an all-cash deal valued at $1.5 billion, aiming to expand its high-density power management portfolio for AI and compute applications.

May 19, 2026

NIIMBL Funds Eight New Biopharma Technology and Workforce Projects

The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) has announced eight new projects worth $9.7 million to advance biopharma manufacturing and workforce development. The projects focus on AI-based process optimization, real-time analytics, and training initiatives to strengthen the U.S. talent pipeline.

May 19, 2026

Devenex Launches AI Execution Governance Platform at Google Cloud Next 2026

Devenex has launched at Google Cloud Next 2026 as a governance infrastructure platform designed to control how AI agents execute actions across enterprise systems, introducing policy enforcement, authorization, and audit capabilities.

May 19, 2026

BIG Fiber Secures $250 Million Financing to Expand Dark Fiber Network

BIG Fiber has closed a $250 million debt facility led by Stonepeak Credit and La Caisse, with an additional $100 million accordion feature, to support expansion of its dark fiber infrastructure across key U.S. markets.

May 19, 2026

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates