Stay up to date with the latest developments in artificial intelligence.
IFS has announced a 30% increase in Annual Recurring Revenue for H1 2025, driven by its Industrial AI solutions and strategic acquisitions, according to a press release.
AIRS Medical is expanding its AI-powered MRI solution, SwiftMR, across Latin America through strategic partnerships, with over 150 imaging centers in Brazil adopting the technology.
Dash Bio has raised $11 million in funding, led by The Aligned Fund, to advance its automated bioanalysis platform, bringing total funding to $17.5 million.
Amazon has announced its acquisition of Bee, a San Francisco-based startup known for its AI-enabled wearable devices that transcribe and analyze conversations.
SEMI projects global semiconductor equipment sales to reach $125.5 billion in 2025, driven by AI and technology transitions.
Scrunch AI has raised $15 million in a Series A funding round led by Decibel, with participation from Mayfield and Homebrew, to advance its AI search optimization platform.
Elon Musk's AI startup xAI is working to secure up to $12 billion in debt to expand its AI capabilities, focusing on acquiring advanced Nvidia chips for data centers.
Booz Allen Ventures has increased its investment fund to $300 million, aiming to support up to 25 startups in AI, cybersecurity, and more over the next five years.
BullFrogAI has published a white paper detailing how its bfLEAP platform aims to improve drug discovery success rates by using AI to navigate complex biological data.
OpenAI CEO Sam Altman has raised concerns about an impending fraud crisis in the banking sector due to AI's ability to impersonate voices and bypass security checks.
Homebridge has acquired NFTYDoor to integrate AI-powered lending infrastructure, aiming to modernize mortgage processes and reduce costs.
Nevoya has raised $9.3 million in seed funding led by Lowercarbon Capital to enhance its AI-driven electric trucking operations.
Viam has partnered with Transmutex to improve nuclear waste management using AI technology, as announced in a press release. The collaboration aims to enhance ion source systems for better waste transmutation.
1848 Ventures has led a $3 million seed funding round for Propel People, an AI-powered hiring platform for skilled trades, and appointed Dexter Bachelder as CEO.
Linus Health will present its AI-powered digital cognitive assessment solutions at the Alzheimer's Association International Conference 2025, focusing on early detection and personalized brain health care.
BostonGene has been awarded the 2025 North American Enabling Technology Leadership Award by Frost & Sullivan for its AI-powered platform that integrates multiomics data to advance precision oncology.
Kontakt.io has extended its Staff Safe solution to cover outdoor areas in hospitals, providing comprehensive safety coverage across entire healthcare campuses.
Answer ALS has announced a new AI-driven initiative, LADDIA, in collaboration with GATC Health, Pennington Biomedical Research Center, and Tulane University to advance ALS treatment discovery.
C5i has announced the addition of AI strategist Liat Ben-Zur and BFSI leader Anshu Sharma Raja to its Strategic Advisory Board, enhancing its AI transformation capabilities.
PitchBook has announced partnerships with Anthropic, Perplexity, Rogo, and Hebbia to integrate its private capital market data into AI-driven workflows, enhancing accessibility and usability for financial professionals.
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