Stay up to date with the latest developments in artificial intelligence.
Digihost Technology Inc. has announced the formation of US Data Centers, Inc., a subsidiary focused on developing high-performance computing and AI data centers.
Caseware's AI digital assistant, AiDA, has been positively evaluated for its safety protocols by the Holistic AI Governance Platform, ensuring data security and compliance for accounting professionals.
France hosted the Global AI Action Summit, aiming to become the third leading AI power. Artprice by Artmarket unveiled its strategic plan, solidifying its position in AI-driven art market intelligence.
Integrail, an Agentic AI startup, has raised $10 million in seed funding and appointed Peter Guagenti as CEO to enhance the adoption of its no-code AI Studio platform.
Optiva Inc. has launched an agentic AI-powered BSS platform using Google's Gemini models, enhancing telecom operations with autonomous AI agents.
Meta Platforms will begin layoffs next week, affecting 5% of its workforce, while accelerating hiring for AI roles.
French telecom group Iliad plans to invest $3.1 billion in AI infrastructure, focusing on data centers and computing power through its subsidiary OpCore.
TakeMe2Space, a Hyderabad-based startup, plans to democratize space access by launching India's first AI-driven satellite lab, enabling students and businesses to interact with satellites in real-time.
Cerebras Systems partners with France's Mistral to launch Le Chat, the world's fastest AI assistant, capable of responding at 1,000 words per second.
Cerebras Systems partners with Perplexity AI to introduce Sonar, a high-speed AI search model, leveraging Cerebras' advanced AI inference infrastructure.
Railtown AI Technologies has signed a Memorandum of Understanding to acquire AI Partnerships Corp., aiming to enhance its AI solutions and expand its global reach.
75F, a leader in IoT and AI-driven HVAC automation, has raised $45 million in a Series B funding round to expand its energy-saving technologies.
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.
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