Business applications of AI across industries, including corporate implementations, workflow automations, and solutions for operational efficiency.
Cherubic Ventures closed Fund VI at $68.88 million and now manages more than $500 million. The fund will back early stage AI companies in infrastructure, developer tools, enterprise software, healthcare, physical AI, and robotics.
Gemtek and Dixon Technologies are expanding their India joint venture to make optical transceivers, BOSA modules, and other optical connectivity products for broadband, telecom, cloud, data center, and AI infrastructure markets.
Cloover says it has become profitable three years after launch, with more than $350 million in revenue run rate and over $1.3 billion in financing capacity.
Medtronic will invest up to $80 million in Pi-Cardia and is expected to become the exclusive global distributor of the ShortCut device in 2027.
OpenAI was issued warrants worth an estimated $5.5 billion in SB Energy, according to a Wall Street Journal report cited by Reuters.
Together AI and HUMAIN announced a partnership at LEAP to connect HUMAIN's Saudi AI compute capacity with Together AI's cloud platform. The plan includes a new 250 megawatt data center in Saudi Arabia.
SWI Group has joined the NVIDIA Cloud Partner program as a Preferred Partner, giving it access to NVIDIA reference architectures and validated configurations for AI infrastructure deployments.
Data Dynamics has launched Enterprise 2.0.5, adding data layer governance, model access controls, compliance audit tools, and lifecycle management for enterprise AI deployments.
OpenGov said Kansas City, Missouri used its Enterprise Asset Management software to increase annual resurfacing and cut its projected road maintenance backlog by more than half. The company also listed new AI tools for public works teams, including request intake, scheduling, and an embedded assistant.
Anyon Systems and KMT Technologies, a Matrix Group company, announced a partnership to deploy Anyon's superconducting quantum computing systems in international markets.
Deloitte has acquired substantially all assets of Wavicle Data Solutions, adding data and AI engineering talent and a Databricks practice to its consulting business.
Kroll introduced APEX, a capability built on the CrowdStrike Falcon platform to help organizations estimate cost, effort, and value for AI and automation cyber projects.
Vervoe launched Skills Advisory and Intelligent Interview Scheduling for its skills validation platform and appointed two senior leaders.
Anthropic has made Claude for Teachers available as a free Enterprise offering for qualifying U.S. K-12 schools and districts, with centrally managed access, single sign on, role based controls, and domain claiming.
Bullish has provided a $100 million stablecoin liquidity facility to USD.AI for GPU financing. The facility will support lending against high performance computing assets.
Blue Owl managed funds led a $2.4 billion financing package for IREN to buy NVIDIA Blackwell Ultra GPUs for its Mackenzie data center campus in British Columbia.
Lambda has raised about $1 billion in private short dated debt to buy NVIDIA GPUs that Microsoft will lease. JPMorgan Chase arranged the transaction, Bloomberg reported.
Philips Korea and HoneyNaps signed an MOU to explore healthcare projects that connect sleep disorder data with cardiovascular risk factors.
SK Telecom plans to spin SK Horizon out of SK Broadband and receive KRW 3.08 trillion from KKR and the IMM Investment Stonebridge consortium to expand AI data center infrastructure in Korea.
ProFound Therapeutics has received an investment commitment of up to $35 million from the Gates Foundation to support AI based research into preeclampsia and eclampsia.
Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.
