Corvic AI Secures $12M to Advance AI Cognitive Infrastructure
Corvic AI has raised $12 million in seed funding to develop its AI Cognitive Infrastructure, aimed at transforming enterprise data into actionable intelligence.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Corvic AI has raised $12 million in seed funding to develop its AI Cognitive Infrastructure, aimed at transforming enterprise data into actionable intelligence.
QWERKY AI has raised $2 million in seed funding to advance its AI platform, focusing on creative capabilities and knowledge work applications.
Spectral Capital Corporation has acquired shares in a leading AI software company in the autonomous vehicle sector, expanding its portfolio into this innovative field.
RLWRLD, a South Korean startup, has raised $15 million in seed funding to develop foundational AI models for robotics, backed by major industrial players from Korea and Japan.
CleverTap has acquired rehook.ai to integrate its promotions automation solution, enhancing AI-driven campaigns and customer retention capabilities.
Xaba, a Toronto-based startup, has raised $6 million in seed funding led by Hitachi Ventures to develop synthetic brains for industrial robots.
Hugging Face has acquired Pollen Robotics, aiming to democratize robotics by offering open-source humanoid robots like Reachy 2.
Kodiak Robotics, a leader in AI-powered autonomous vehicle technology, will become a publicly-listed company through a merger with Ares Acquisition Corporation II, announced in a press release.
TransPerfect has acquired MPC and The Mill, two France-based studios from the Technicolor Group, expanding its media division.
Inveniam Capital Partners has acquired Hedgehog Invest Limited to advance its data infrastructure for private markets, enabling scalable AI solutions.
Vobile has finalized its acquisition of Pex, a leader in audio content identification, to strengthen its digital content protection services.
Andreessen Horowitz is reportedly in talks to lead a significant funding round for Thinking Machines Lab, a startup founded by former OpenAI CTO Mira Murati.
Safe Superintelligence, co-founded by Ilya Sutskever, has secured $2 billion in funding, boosting its valuation to $32 billion, despite not yet having a product.
Aether Holdings has closed its initial public offering, raising $7.74 million to support product development and expansion efforts.
Elm AI, a Cornell University spinout, has raised $2 million in an oversubscribed funding round to improve supply chain sustainability and performance.
Blue Water Autonomy has emerged from stealth with $14 million in seed funding to develop autonomous ships for the U.S. Navy, announced in a press release.
Thinking Machines Lab, led by former OpenAI CTO Mira Murati, is reportedly seeking to raise $2 billion in a seed round, potentially valuing the company at $10 billion.
Allurity has acquired Onevinn, a Swedish cybersecurity firm, to enhance its service offerings across Europe, announced in a press release.
Hypertec Cloud has acquired 5C Data Centers, forming 5C Group, a major AI digital infrastructure provider in North America.
nEye Systems has raised $72.5 million to advance its optical switch technology, with backing from CapitalG, M12, Micron Ventures, and NVIDIA.