Stay up to date with the latest developments in artificial intelligence.
Exa Labs Inc. has secured $250 million in Series C funding at a $2.2 billion valuation, led by Andreessen Horowitz, to scale its AI-focused search engine and infrastructure.
Anthropic expects its first quarterly operating profit as it agrees to pay SpaceX $1.25 billion per month for computing capacity through May 2029, totaling nearly $45 billion.
An internal OpenAI model has autonomously solved the planar unit distance problem, a long-standing question in discrete geometry first posed by Paul Erdős in 1946. The AI-generated proof, verified by external mathematicians, disproves a central conjecture and introduces new methods from algebraic number theory.
Mercury has completed a $200 million Series D funding round led by TCV, valuing the fintech company at $5.2 billion. The firm plans to expand its AI-powered financial tools and pursue a national bank charter.
Alibaba has introduced the Zhenwu M890 AI chip, developed by its T-Head unit, offering triple the performance of its predecessor and marking a key step in China's effort to build domestic alternatives to Nvidia processors.
Microsoft and Black Tech Street have launched the Greenwood Cyber and AI Lab in Tulsa's historic Greenwood district. The facility will focus on AI, cybersecurity, and autonomous systems as part of a broader regional tech initiative.
Manulife announced leadership changes across its global operations, including new appointments in Canada, Hong Kong, and technology divisions. The restructuring, effective July 1, 2026, aligns with the company’s updated enterprise strategy.
BharathCloud has launched its first AI-ready sovereign Cloud Centre at CtrlS Datacenters' Hyderabad DC1 facility, supported by JLL as the exclusive advisor. The move marks the beginning of BharathCloud's $100 million plan to expand cloud infrastructure across India.
Canopy announced that two studies using its Remote Therapeutic Monitoring Platform have been selected for presentation at the 2026 ASCO Annual Meeting, showing reduced hospitalizations, cost savings, and improved treatment persistence for oncology patients.
WhiteFiber has signed a five-year agreement worth over $160 million to provide AI compute infrastructure for an investment-grade technology customer in the Paris region. The deployment will use NVIDIA GPU systems and begin service in July 2026.
Coupa Software has acquired Tonkean, an AI-native intake and orchestration platform, to strengthen its agentic trade network and enhance autonomous spend management capabilities for global buyers and suppliers.
Centric Software has launched Centric AI Studio, a generative AI platform that integrates with its PLM system to enhance product creation workflows across industries such as fashion, cosmetics, and food and beverage.
BAI Capital has completed the first close of its new $800 million fund, securing $600 million in commitments. The fund targets growth-stage companies with proven commercial traction and cross-border expansion potential in sectors such as technology, AI, and financial services.
actAVA.ai has introduced CHI-Bench, a benchmark evaluating AI agents from companies like Anthropic, OpenAI, and Google across 75 healthcare workflows. The top-performing agent succeeded in only 28% of cases.
Long Island University has announced the creation of the AI² Center, a university-wide hub focused on artificial intelligence education, research, and workforce development. The initiative includes new facilities, expanded academic programs, and a partnership with Dassault Systèmes to support advanced research and experiential learning.
The Open Source Security Foundation announced five new members, a cyber reasoning sandbox project, and the release of the Python Secure Coding Guide v1.0.0 during its Community Day North America event in Minneapolis.
Autzu announced a new strategic vision to develop the world's first agnostic autonomous hub in San Francisco, designed to support multiple autonomous vehicle operators and mobility platforms with shared infrastructure and fleet operations capabilities.
SANY Group presented its integrated smart mining and low-carbon solutions at the Global Mining Summit 2026 in Xi'an, unveiling autonomous systems, hybrid trucks, and renewable energy integration technologies.
Electric Era has launched the CoPower Platform, a modular battery-based power system designed to help data centers overcome grid capacity limits and meet the growing demand from AI workloads.
Canvas Medical has launched Studio, a no code interface that allows clinicians and staff to design and deploy custom electronic medical record workflows using natural language, powered by Claude Code and the Canvas SDK.
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