Stay up to date with the latest developments in artificial intelligence.
Finmo has raised $18.5 million in a Series A funding round co-led by Quona Capital and PayPal Ventures, as announced in a press release. The funds will be used to accelerate product development and expand global reach.
JustPaid and Veryfi, both Y Combinator-backed companies, have partnered to streamline financial management through AI, enhancing invoice automation and revenue operations.
Amazon Web Services has launched its Bedrock generative AI service in the AWS Europe (Zurich) Region, enabling Swiss customers to build and scale AI applications.
Sapiens International Corporation has released UnderwritingPro v14, an advanced automated underwriting system for life and annuities insurers, featuring AI-driven capabilities and enhanced communication tools.
The Maryland Teamsters are urging the passage of House Bill 439 to ensure human operators in vehicles over 10,000 pounds, aiming to protect jobs and highway safety.
Datalign Advisory has secured $9 million in seed funding, with $5 million from Link Ventures, to enhance its AI-powered financial advisory platform.
ConverzAI has raised $16 million in a Series A funding round led by Menlo Ventures to advance its AI-powered recruitment platform.
The European Union has announced a €200 billion investment in AI development, focusing on AI gigafactories and public-private partnerships.
19Labs, in partnership with IDB Lab, has introduced GALE | Force, a long-range drone system to deliver medical supplies to remote areas in Guyana.
Schneider Electric has unveiled a new patent that uses AI to enhance process safety by automatically analyzing and preventing industrial hazards.
Cavallo has announced Jesse Clem as its new Chief Revenue Officer, bringing extensive experience from companies like Google and IBM.
AIRS Medical partners with Incepto to bring SwiftMR, an AI-powered MRI reconstruction technology, to diagnostic imaging providers across Europe, aiming to reduce scan times and improve image quality.
Avathon partners with Armada to deploy prescriptive maintenance and computer vision applications in remote industrial areas using edge infrastructure.
Gaia Dynamics introduces an AI-driven platform to tackle global trade challenges, enhancing tariff classification and regulatory compliance.
Reflections Info Systems has been awarded the ISO 42001:2023 certification, recognizing its commitment to responsible AI management.
Nano Labs Ltd has announced the successful deployment of its YangTuo LLM workstation with DeepSeek's large models, enhancing AI inference capabilities.
Eluvio and Imagn Images have launched a pilot project to enhance photo editing workflows using AI, aiming to improve speed and accuracy in tagging and captioning sports images.
OpenGov has acquired Ignatius to expand its AI capabilities, focusing on no-code workflows and custom applications for local and state governments.
Keragon, an AI-driven healthcare automation platform, has raised $7.5 million in a seed funding round, boosting its total funding to $10.5 million.
May Mobility has introduced its first commercial driverless transportation service in Peachtree Corners, Georgia, marking its third driverless deployment in the U.S.
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