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Foxconn Names Michael Chiang Rotating CEO

Hon Hai Technology Group, known as Foxconn, has appointed Michael Chiang as its rotating Chief Executive Officer for a one-year term starting April 1, 2026, succeeding Kathy Yang.

April 07, 2026

WAIC Opens Global Applications for 2026 SAIL Award with $280,000 Prize Pool

The World Artificial Intelligence Conference has begun accepting global applications for the 2026 SAIL Award, recognizing AI projects that demonstrate both technological excellence and scalability, with a total prize pool exceeding $280,000.

April 07, 2026

White House Requests $66 Billion for Golden Fleet and New Battleship

The White House has submitted a $1.5 trillion defense budget request for fiscal year 2027, including $65.8 billion for Navy shipbuilding and the launch of the Golden Fleet program with a new Trump-class battleship.

April 07, 2026

X Square Robot Hosts First Global Embodied AI Developers Conference

X Square Robot held the inaugural Embodied AI Developers Conference (EAIDC 2026) in Shenzhen, marking the first global event dedicated to embodied AI developers. The conference featured live robotics demonstrations, a hackathon, and real-world deployment challenges.

April 07, 2026

ESET Previews AI Security Features for Chatbot and Agent Protection

ESET previewed new AI security tools at RSAC 2026 that scan chatbot prompts and responses to prevent data leaks and malicious content, with expanded capabilities for endpoint protection and AI supply chain defense.

April 06, 2026

Phantom Space Acquires Thermal Management Technologies to Support Orbital Data Centers

Phantom Space Corporation has acquired Thermal Management Technologies to enhance its Phantom Cloud orbital data center program, bringing satellite thermal expertise in-house.

April 06, 2026

Numos Raises $4.25M Seed Funding to Build AI Finance Platform

Numos has raised $4.25 million in seed funding led by General Catalyst, with participation from Operator Collective, to develop its AI platform for enterprise finance teams.

April 06, 2026

Versant Acquires AI Platform StockStory to Strengthen CNBC’s Digital Insights

Versant Media Group has acquired StockStory, an AI-driven financial insights platform, to enhance CNBC’s data and analysis capabilities across its digital platforms.

April 06, 2026

Alcatraz Raises $50 Million for Privacy-Focused Facial Authentication System

Cupertino-based startup Alcatraz has secured $50 million in Series B funding to expand its AI-powered facial authentication system that verifies employees without storing biometric data.

April 06, 2026

Sona Raises $45 Million Series B to Expand AI Platform for Frontline Businesses

Sona has secured $45 million in Series B funding led by N47, with participation from existing investors including Felicis, Northzone, Gradient, and Italian Founders Fund. The funding will accelerate the company’s AI platform development and U.S. expansion.

April 06, 2026

SpendHQ Acquires Sligo AI to Expand Agentic AI in Enterprise Procurement

SpendHQ has acquired Sligo AI to integrate agentic AI into its enterprise procurement platform, combining structured spend data with secure AI deployment infrastructure.

April 06, 2026

Tata Communications Named Leader in 2026 Gartner Magic Quadrant for Global WAN Services

Tata Communications has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Global WAN Services, marking its thirteenth consecutive year in the position. The company highlighted advancements in AI-driven network infrastructure, expanded connectivity options, and upcoming quantum-safe encryption capabilities.

April 06, 2026

Microsoft Commits $10 Billion to AI Infrastructure and Workforce Development in Japan

Microsoft announced a $10 billion investment in Japan from 2026 to 2029, focusing on AI infrastructure, cybersecurity partnerships, and training one million workers. The initiative includes collaborations with Sakura Internet and SoftBank to expand domestic AI compute capacity and support Japan’s data sovereignty goals.

April 06, 2026

Netflix Open-Sources VOID AI Model for Object Removal in Videos

Netflix has released VOID, an open-source AI model that can remove objects from videos while maintaining realistic physical interactions in the scene. The model, built on CogVideoX, introduces a new 'quadmask' system and two-pass inference process to ensure temporal consistency and accurate motion.

April 06, 2026

Cents Raises $140 Million Series C Led by Sumeru Equity Partners

Cents has raised $140 million in a Series C round led by Sumeru Equity Partners, marking the largest software investment in the laundry industry to date. The funding will accelerate the expansion of its AI-powered platform for laundromats and dry cleaners.

April 05, 2026

Faraday Future Reports 2025 Financials and Expands EAI Robotics Business

Faraday Future announced its fourth quarter and full-year 2025 results, highlighting progress on its FX Super One EV and the launch of its EAI robotics lineup, which began deliveries in February 2026.

April 04, 2026

IFS Introduces Asset-Based Pricing Model for Industrial AI

IFS has announced a new pricing structure for its Industrial AI software that charges customers based on operational assets rather than user count, aiming to make enterprise-wide AI adoption more accessible and cost-predictable.

April 04, 2026

Cognizant Named Strategic Partner to UK Government’s TechFirst Programme

The UK Department for Science, Innovation and Technology has appointed Cognizant as a strategic industry partner for its TechFirst programme, aimed at expanding technology career opportunities for young people across the UK.

April 04, 2026

Hyperscale Data Receives $26.6 Million from Litigation Settlement

Hyperscale Data announced it received $26.6 million in cash following the resolution of litigation involving a former subsidiary, with funds distributed between its subsidiaries Ault Lending and RiskOn International.

April 04, 2026

EvoChip.ai Reports 40x Faster AI Inference with AltiCoreAI

EvoChip.ai announced benchmark results showing its AltiCoreAI technology achieving up to 41 times faster inference performance than optimized neural networks on standard CPUs, according to a press release. The benchmark, conducted with SidePath, compared AltiCoreAI to TensorFlow-based models across multiple datasets.

April 04, 2026
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