Stay up to date with the latest developments in artificial intelligence.
Fireworks AI is reportedly in early funding talks that could value the AI infrastructure startup at $30 billion to $40 billion, less than four months after its Series D.
Slingshot Insurance emerged from stealth with $27 million in seed funding for its AI based embedded insurance platform.
Miami fintech startup BOB raised $5.5 million in seed funding to expand its AI finance assistant for small businesses and hire more staff.
Human Friendly Robotics signed a three year, $3.55 million contract to deploy Tyler tiling robots with Foley Tile crews in Arizona and beyond.
The FDA granted 510(k) clearance to RIVANNA's BoneEnhance machine learning software for reviewing musculoskeletal ultrasound images from the Accuro XV system.
Reservoir Media filed separate lawsuits accusing Suno and Anthropic of using copyrighted songs and lyrics without permission to train their AI models. The claims pleaded total about $337 million across the two cases.
Tractian raised $130 million in a Series D round led by Sapphire Ventures and M&G's Catalyst, valuing the industrial AI company at $1.4 billion.
Podium says it surpassed $150 million in annual recurring revenue from AI products within two and a half years. More than 20,000 of its AI agents are now deployed.
Singapore will provide more than S$45 million over three years to help manufacturers adopt AI tools for design, document processing, production scheduling and maintenance.
Medicare advisory company Chapter acquired Ridgeway, an applied AI startup founded by former OpenAI engineer Hamza Mostafa. Ridgeway staff will join Chapter to develop AI products for retirees.
Jones Day will provide Legora's legal AI platform to more than 2,500 lawyers across its 40 offices worldwide.
The Agentic AI Foundation has added Agent Skills, Open Responses, OpenEnv and OpenSandbox, bringing its portfolio to 10 hosted projects.
Tufts Medicine will use Humata Health to process prior authorization requests for select imaging services provided to Blue Cross Blue Shield of Massachusetts members.
Leidos will add AI automation, cloud technology and updated software practices to a Pentagon asset management system under a five year contract from the Defense Logistics Agency.
Cybersecurity startup Mave has raised $34 million to expand its team and develop AI agents that investigate security alerts.
Uber is expanding ChatGPT Work to its entire global workforce of about 30,000 employees after testing it with 1,000 staff members.
HHS plans to award Anthropic a temporary sole source contract for continued access to Claude while it prepares a competitive procurement process.
Microsoft and the Public Library Association are introducing free AI literacy training and resources for public library workers and patrons across the United States.
METR and Redwood Research found vulnerabilities that could let agents bypass or disable parts of OpenAI's internal misalignment monitoring system. OpenAI says it patched all findings affecting production safeguards, but the researchers have not verified the fixes.
Google is working with Voltus to reduce electricity use across homes and businesses when demand is high, freeing capacity for data centers on the PJM grid.
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