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Dream Secures $100M to Enhance AI Cybersecurity Solutions

Dream, an AI company focused on national cybersecurity, has raised $100 million in a Series B funding round led by Bain Capital Ventures, valuing the company at $1.1 billion.

February 18, 2025

Spyne Secures $16M Series A Funding to Expand AI Platform

Spyne, an AI-powered visual merchandising platform for the automotive industry, has raised $16 million in a Series A funding round led by Vertex Ventures. The funding will support Spyne's expansion in the U.S. and development of next-gen AI solutions.

February 18, 2025

Luminance Secures $75M to Expand Legal AI Platform

Luminance has raised $75 million in a Series C funding round led by Point72 Private Investments, bringing its total funding to $165 million. The investment will support the expansion of its AI-driven contract management solutions.

February 18, 2025

Geek+ Introduces Sorting Robots in South Africa with Takealot Partnership

Geek+ has launched its first project in South Africa, deploying a fleet of sorting robots at Takealot's Johannesburg facility, in collaboration with ECC.

February 18, 2025

OpenAI Co-Founder Sutskever's Startup Valued Over $30 Billion

Ilya Sutskever, co-founder of OpenAI, is raising over $1 billion for his startup Safe Superintelligence, which is now valued at more than $30 billion.

February 18, 2025

Elon Musk Unveils Grok 3 AI Model with Enhanced Capabilities

Elon Musk has announced the launch of Grok 3, xAI's latest chatbot model, which is said to be significantly more powerful than its predecessor.

February 18, 2025

Abridge Secures $250M Series D Funding and Launches AI Engine

Abridge has raised $250 million in Series D funding and introduced a new Contextual Reasoning Engine to enhance clinical workflows, announced in a press release.

February 17, 2025

Aramco's Wa'ed Ventures Invests in AI Cloud Startup Ori

Saudi Aramco's venture capital arm, Wa'ed Ventures, has invested in UK-based AI cloud startup Ori to establish a regional subsidiary in Riyadh.

February 17, 2025

Telmai Launches Data Observability Platform on AWS Marketplace

Telmai, a leader in data quality and observability, has announced its platform's availability on the AWS Marketplace, allowing enterprises to easily deploy its AI-driven data quality solutions.

February 17, 2025

The New York Times Embraces AI Tools for Editorial and Product Teams

The New York Times has approved the use of AI tools for its editorial and product teams, including tools like GitHub Copilot and Google's Vertex AI, according to Semafor.

February 17, 2025

Microsoft to Invest $704 Million in Expanding Polish Data Centers

Microsoft plans to invest $704 million to expand its data center infrastructure in Poland, enhancing AI capabilities and cybersecurity.

February 17, 2025

RC Mowers Appoints New Autonomous Engineering Director

RC Mowers has announced the hiring of Richard Lukas as its new autonomous engineering director, bringing extensive experience in robotics and machine learning to the company.

February 17, 2025

Mistral Launches Saba: A Regional AI Model for Arabic and Indian Languages

Mistral has introduced Mistral Saba, a new AI model focused on Arabic-speaking countries, designed to excel in Arabic interactions and support Indian-origin languages.

February 17, 2025

Fosun Pharma Launches AI-Driven PharmAID Platform for Enhanced Drug Development

Fosun Pharma has introduced its self-developed PharmAID decision intelligence platform, integrating advanced AI technologies to boost drug R&D efficiency, announced in a press release.

February 17, 2025

Tencent's Weixin App Begins Beta Testing with Deepseek, Boosting Shares

Tencent's Weixin app has started beta testing with Deepseek, leading to a 6.6% rise in Tencent's shares, according to Reuters.

February 17, 2025

AI Systems Trained to Interpret Animal Emotions

Researchers are developing AI systems to interpret animal emotions, such as the Intellipig system for pigs and facial recognition for dogs, according to TechCrunch.

February 17, 2025

FIG Invests in Elitepharm to Integrate AI in Nutraceuticals

Freedom International Group (FIG) has announced a strategic investment in Elitepharm Laboratoires, aiming to enhance dietary supplement production with AI technology.

February 17, 2025

South Korea Temporarily Blocks DeepSeek App Over Data Privacy Concerns

South Korea has temporarily halted downloads of DeepSeek's app due to privacy concerns, as reported by TechCrunch.

February 17, 2025

TigerDC Appoints Mehmet Akcin to Board to Boost AI Data Center Innovation

TigerDC has appointed Mehmet Akcin, Founder & CEO of EdgeUno, to its Board of Directors to enhance AI-ready data center innovation, announced in a press release.

February 17, 2025

Saudi Arabia Partners with Paradromics for Brain-Computer Interface Development

Saudi Arabia's Neom project has partnered with Paradromics to advance brain-computer interface technology, aiming to establish a Center of Excellence in the region.

February 16, 2025

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