Stay up to date with the latest developments in artificial intelligence.
Ramsey Theory Group's CEO Dan Herbatschek has announced a new $2,500 scholarship aimed at supporting students from unconventional and under-represented backgrounds pursuing mathematics and machine learning.
CleanSpark has increased its Bitcoin-backed credit facility with Coinbase Prime by $100 million to fund strategic capital expenditures.
At the Unstoppable Africa 2025 event in New York, major projects were announced to position Africa at the forefront of global innovation, including the establishment of AI factories by Strive Masiyiwa and investment opportunities by Meta.
Morse Micro has raised $59 million in a Series C funding round led by MegaChips, aiming to expand its Wi-Fi HaLow solutions globally.
Brineworks, an Amsterdam-based climate tech startup, has raised €6.8 million to scale its Direct Air Capture technology, aiming for sub-$100/ton CO2 capture.
Cyberhaven will host its first virtual Data Defense Forum on September 24, 2025, to address data security challenges in the AI era, announced in a press release.
Formation Bio has announced the addition of four seasoned executives to its leadership team to enhance its AI-driven drug development efforts.
The enterprise agentic AI software market is projected to grow from $1.5 billion in 2025 to $41.8 billion by 2030, according to Omdia's latest forecast. This growth is driven by automation priorities and previous generative AI investments.
Bidgely and the National Information Solutions Cooperative (NISC) are expanding their AI-driven solutions to improve customer experience and efficiency for utility members, announced in a press release.
OpenGradient has introduced MemSync, a platform providing a persistent memory layer for AI systems, addressing context loss in AI assistants.
Penguin Ai has strengthened its executive team by appointing Mark Caron as Chief Strategy Officer and making several other key hires, following its Series A funding round.
Splash Financial has raised over $70 million in a Series C funding round, led by Grand Oaks Capital, to expand its AI-enabled lending marketplace.
Envive AI has raised $15 million in a Series A funding round led by Fuse VC to develop self-improving AI agents for digital commerce.
Anytime AI and SmartAdvocate have announced a strategic partnership to integrate AI technology into legal case management, enhancing efficiency for plaintiff law firms.
A new report by Information Services Group highlights how AI threats and stricter regulations are transforming the cybersecurity landscape in France.
Distyl AI, an enterprise-focused AI consultancy, has raised $175 million in funding, elevating its valuation to $1.8 billion. The round was led by Lightspeed and Khosla Ventures.
DataXstream's OMS+ Intelligent Automation has been certified by SAP as built with SAP Business AI, enhancing order management with AI-driven features.
SWIRL has introduced the SWIRL AI Warehouse, a platform offering real-time analytics without the need for ETL or data migrations, announced in a press release.
FlyteHealth and Heartbeat Health have announced a strategic partnership to offer a unified virtual-first solution for cardiometabolic and cardiovascular care, as stated in a press release.
Rohit Ghai has been named the new CEO of Barracuda Networks, succeeding Hatem Naguib, who has stepped down after leading the company through significant growth.
Daily report covering major AI developments and industry news, with both top stories and complete market updates
