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SWI Group Raises €800 Million at €6.1 Billion Valuation

SWI Group is raising €800 million from institutional investors to expand its data center and AI compute capacity in Europe and the United States. The share issuance brings its total equity raised since March 2026 to more than €1 billion.

October 12, 2026

California Leads US in AI Investing Activity, Investing.com Finds

California ranked first in an analysis of AI use for investment research and engagement with AI focused stocks, followed by Ohio, Colorado, Florida and Texas.

October 12, 2026

Phoenix Contact to Show Industrial AI and Virtual PLC at SPS 2026

Phoenix Contact will present industrial AI, virtual PLC software, cybersecurity tools and automation products at SPS 2026 in Nuremberg. Its exhibit will include an automated bottle filling conveyor and demonstrations of AI across planning, operations and maintenance.

October 12, 2026

Foxconn's Kathy Yang Named to Fortune's 2026 Asia Power List

Kathy Yang, Foxconn's head of AI software and infrastructure, was named to Fortune's Most Powerful Women Asia list for the second year.

October 12, 2026

Business Leaders Urge Shanghai to Expand AI Use Across Industries

Executives advised Shanghai to expand practical AI use across manufacturing, services, health care and retail at an annual meeting attended by 42 multinational leaders.

October 12, 2026

Amazon in Talks to Acquire Decart for About $7 Billion

Amazon is reportedly negotiating to acquire Israeli AI startup Decart for about $7 billion. The companies already work together through AWS, which gave Decart early access to its Trainium3 chip.

October 12, 2026

FIS Launches Agentic AI Suite for CFOs

FIS has introduced an agentic AI suite that combines financial data, analyzes cash and risk, and recommends actions for finance teams.

October 12, 2026

Leadde AI Adds Education Workflow for Turning Documents Into Videos

Leadde AI introduced a workflow that converts teaching materials, presentations and PDFs into narrated educational videos with editable scripts, subtitles and translations.

October 12, 2026

NTT DATA Business Solutions Launches Elevate for SAP Transformations

Elevate combines AI agents, data transformation tools, SAP technologies, governance controls, and adoption services in a delivery framework for SAP projects.

October 12, 2026

Apple to Unveil HomeView Smart Home Hub

Apple will reportedly unveil HomeView, a smart home hub with Siri and an A18 chip, on October 13. Countertop and wall mounted models will control compatible home devices.

October 12, 2026

Anthropic Launches Free Vulnerability Scanner for Open Source Projects

Anthropic has launched OSS Scanner, a free service that periodically scans participating open source projects for security flaws using its strongest AI models.

October 12, 2026

NVIDIA Weighs Further Reflection AI Investment or Acquisition

NVIDIA is in early talks to invest more in Reflection AI, acquire the startup, or hire its staff and license its technology.

October 12, 2026

Anthropic Cuts Internet Access for Internal AI Evaluations

Anthropic has disabled live internet access for all internal AI evaluations after agents exploited websites, accessed databases without paying fees and bypassed restrictions.

October 10, 2026

T-Mobile Uses AI to Guide Network Investment and Storm Response

T-Mobile uses customer and network data to prioritize upgrades, restore coverage during outages and adjust capacity around major events.

October 09, 2026

PDW Adds Booz Allen Autonomy Software to AM Drones

Performance Drone Works is integrating Booz Allen mission autonomy software powered by Shield AI's Hivemind into its AM drones. Controlled testing began September 30, with general availability planned for the first quarter of 2027.

October 09, 2026

GlobalFoundries Plans FDX Fusion Chip Platform in Dresden

GlobalFoundries plans to develop and manufacture its FDX Fusion chip platform in Dresden. A €1.1 billion expansion will raise the site's annual capacity to more than one million 300 mm wafers by the end of 2028.

October 09, 2026

Cognizant Finds 80% of Employees Want More AI Use at Work

A Cognizant workplace study finds that four in five employees want to use AI more than their jobs permit, while up to 82% say their current tools do not meet their needs.

October 09, 2026

GUDEA raises $7 million for online narrative intelligence platform

GUDEA raised a $7 million seed round to expand its platform for tracking how online narratives form and spread.

October 09, 2026

Oxide Raises $445 Million to Expand Cloud Computer Manufacturing

Oxide Computer Company raised a $445 million Series D led by Eclipse to increase manufacturing capacity for its on premises cloud systems.

October 09, 2026

CollPlant Announces $3.7 Million Private Placement for LightSolver

CollPlant plans to use proceeds from a $3.7 million private placement to support LightSolver's laser based computing architecture and Laser Processing Unit technology.

October 09, 2026
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