Stay up to date with the latest developments in artificial intelligence.
Hugging Face has unveiled SmolLM3, a new 3 billion parameter language model offering multilingual support and long-context reasoning capabilities. The model is designed to outperform existing models in its class while maintaining efficiency.
BirchStreet Systems has been named a Leader in the IDC MarketScape: Worldwide AI-Enabled Procure-to-Pay Application 2025 Vendor Assessment, highlighting its strengths in industry-specific focus and comprehensive spend visibility.
Iozera has signed an MOU with ZutaCore to enhance AI infrastructure sustainability using waterless liquid cooling technology.
Runway has introduced Game World, an AI platform that allows users to generate video games using text and image prompts, with plans to expand to video game generation later this year.
London-based Pimloc has raised €4.2 million to expand its AI video privacy solutions globally, with investment led by Amadeus Capital Partners and Edge Ventures.
Mistral AI is reportedly in discussions to raise up to $1 billion in equity from investors including MGX, according to Bloomberg.
Galbot has raised $151 million in a funding round led by CATL and Puquan Capital, with a strategic partnership with Bosch's investment arm to accelerate AI robot commercialization.
15below has acquired Airport AI to create a unified communications solution for the air travel industry, enhancing passenger communication and operational efficiency.
Boehringer Ingelheim has implemented LifeSphere NavaX to improve its pharmacovigilance operations, achieving 90% data accuracy and increased efficiency, announced in a press release.
Cerebras Systems has announced partnerships with Hugging Face, DataRobot, and Docker to enhance AI inference capabilities, enabling faster and more interactive AI applications.
Naviant has acquired Amitech Solutions to enhance its capabilities in healthcare-focused intelligent automation and AI, announced in a press release.
Nymbus has announced a partnership with Bud Financial to integrate AI-driven personal financial management services into its banking platform, enhancing customer engagement for banks and credit unions.
Evogene has finalized the sale of its subsidiary Lavie Bio to ICL, including the transfer of its MicroBoost AI platform.
Katalyze AI has launched Digityze AI on the Snowflake AI Data Cloud, enabling GMP-ready intelligence for biomanufacturing, as announced in a press release.
Caris Life Sciences has announced a study validating its Caris Assure blood-based assay for multi-cancer detection and therapy selection, as stated in a press release.
Jimini Health has released a white paper outlining a safety framework for AI in mental health and added leaders from DeepMind and Yale to its advisory board.
First Choice Health has acquired Orderly Health to improve provider data management using AI-driven solutions, announced in a press release.
Robots & Pencils has appointed Scott Young as Executive Vice President of Growth and Strategic Alliances, announced in a press release. Young returns to the company to lead strategic partnerships and client transformation efforts.
Parspec has raised $20 million in Series A funding to modernize the construction supply chain with AI, announced in a press release. The funding round was led by Threshold Ventures, with participation from existing investors.
Impulse AI has released a whitepaper detailing a decentralized AI training protocol that promises up to 80% cost reduction in GPU compute, announced in a press release.
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