Stay up to date with the latest developments in artificial intelligence.
HCLTech reported first quarter revenue of $3.65 billion, up 3% year over year, and announced a ₹3,500 crore ($370 million) plan to build AI data centers with up to 50MW capacity.
Corgi Insurance has entered the trucking insurance market, using its AI platform to streamline coverage and claims processes for fleet operators. The company will offer auto liability, cargo, and physical damage policies through a single platform and integrate coverage with trucking platform AtoB.
Quadric, Inc. has completed a second close of its Series C funding round, bringing the total to $46 million. The investment, led by the International Finance Corporation, will support expansion of the company’s programmable AI chip platform and customer base across multiple industries.
Agentio has partnered with Meta to enable automated creator-led advertising on Facebook and Instagram, allowing brands to run partnership ads within days using AI insights.
Clarivate has been chosen by the Bibliographic Agency for Higher Education (Abes) to update France’s national academic library system with a unified AI powered cloud platform using its Alma, Rapido, and Primo solutions under a multi year agreement.
The White House is preparing a new voluntary agreement to ensure rising energy needs from artificial intelligence data centers do not increase rates for households and small businesses. The initiative follows an earlier Ratepayer Protection Pledge signed by major technology companies, including Amazon, Google, Microsoft, Meta, OpenAI, Oracle, and xAI.
Meta will expand its Hyperion data center in Richland Parish, Louisiana, to 5 gigawatts of capacity, increasing its investment to $50 billion and doubling the site’s permanent workforce to 1,000 by 2036.
Microsoft CEO Satya Nadella has cautioned companies about the risks of sharing sensitive business information while using external AI models, arguing that enterprises may be 'paying twice' for intelligence and calling for stronger control over data use.
New details from Apple's trade secret lawsuit against OpenAI describe a range of alleged misconduct, including improper access to Apple systems, recruitment practices targeting confidential materials, and instructions to evade company security procedures.
Payoneer has opened a new innovation hub in Gurugram, India, which will serve as a center for engineering, product development, and AI advancement to support its global financial platform.
Pulsenmore has been chosen to participate in Israel's Healthcare AI Regulatory Sandbox Program, backed by the Israel Innovation Authority and the Ministry of Health. The company will receive funding to advance AI-based tools for its home ultrasound platform, aimed at improving efficiency in prenatal care.
ThreeV Technologies and Reliability Transformation Solutions have introduced Vision, a managed AI inspection offering combining human expertise with AI model training for electric utilities operating under regulatory inspection programs.
Reken, founded by former Google and Shape Security leaders, has emerged from stealth with the Reken Private Core, an on-device AI security platform designed to fight scams, fraud, and deepfakes. The company also introduced its first product, Northstar, which detects cyber threats for employees in real time.
SK hynix has listed its American Depositary Receipts on Nasdaq and held an Opening Bell ceremony to mark the event, expanding its investor base and reinforcing its leadership in the memory market.
Omnia Training, led by Raytheon UK, has been awarded a £2 billion contract by the UK Ministry of Defence to deliver the British Army's Collective Training Service under a 15-year agreement.
AT&T and Ericsson demonstrated a 5G-based drone detection system near AT&T Stadium in Arlington, Texas, showcasing early capabilities of integrated sensing and communication systems that are expected in future 6G networks.
Insilico Medicine and China Medical System Holdings have announced an expanded partnership to co-develop AI-powered treatments for central nervous system diseases, with potential milestone payments of up to 1.2 billion RMB.
Apple has filed a lawsuit against OpenAI in a California federal court, accusing the AI company and two former Apple employees of misappropriating confidential information to build OpenAI’s hardware division.
Inturai Ventures Corp. has signed an exclusive letter of intent to acquire the intellectual property of DomeCommand, an AI powered command and control platform for autonomous drone swarms. The deal, valued at up to C$6.03 million, aims to expand Inturai's defense and security capabilities.
Matillion has released the general availability of Maia Foundation on Google BigQuery, enabling BigQuery customers to execute AI data automation pipelines directly within the warehouse environment.
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