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Runway Secures $308M to Boost AI Media Production

Runway, known for its video-generating AI models, has raised $308 million in a Series D funding round led by General Atlantic. The funds will support AI research, hiring, and the expansion of Runway Studios.

April 03, 2025

DataShapes AI Appoints Sarah Cuellar as VP of Strategic Partnerships

DataShapes AI has appointed Sarah Cuellar, a former executive with the DOD's Defense Innovation Unit, as Vice President of Strategic Partnerships to drive growth in defense and commercial markets.

April 03, 2025

Qwen2.5-Max Vulnerability Assessment by Protect AI

Protect AI's recent assessment of the Qwen2.5-Max model reveals medium risk vulnerabilities, particularly in prompt injection and evasion techniques.

April 03, 2025

Angle Health Appoints Rhett Thurman as CFO

Angle Health has appointed Rhett Thurman as Chief Financial Officer to oversee financial strategy and support its growth in the healthcare market.

April 03, 2025

Quantum Gears to Present HiTrust r2 Certified AI Platform at Dubai Summit

Quantum Gears will showcase its HiTrust r2 Certified Agentic AI Platform at the Gartner Security & Risk Management Summit in Dubai, UAE, on April 7-8, 2025.

April 03, 2025

Broadridge Study Highlights Surge in AI and Digital Asset Investments

Broadridge Financial Solutions reports a significant increase in AI and digital asset investments among financial services firms, with data strategy and legacy tech challenges persisting.

April 03, 2025

Hexagon Appoints New President for Manufacturing Intelligence Division

Hexagon has announced the appointment of Andreas Renulf as the new President of its Manufacturing Intelligence division, effective May 1, 2025. Renulf will succeed Josh Weiss, who is leaving the company.

April 03, 2025

Siemens to Acquire Dotmatics for $5.1 Billion

Siemens AG has signed a definitive agreement to acquire Dotmatics for $5.1 billion, enhancing its AI-driven capabilities in life sciences.

April 03, 2025

OpenAI Advocates for Broad Data Mining Exception in UK Copyright Consultation

OpenAI has submitted its response to the UK Government's AI and Copyright consultation, advocating for a broad text and data mining exception to foster AI innovation and investment.

April 03, 2025

Skai Introduces Celeste AI for Enhanced Commerce Media

Skai has unveiled Celeste AI, a generative AI marketing agent designed to transform commerce media, as announced in a press release. The tool aims to streamline media operations for brands and agencies.

April 02, 2025

OpenAI Forms Expert Group to Guide Nonprofit Goals

OpenAI is forming a group of experts to advise on its nonprofit goals as it transitions to a for-profit model, announced on their website.

April 02, 2025

POET and Lessengers Collaborate on 800G DR8 Transceivers

POET Technologies Inc. has partnered with South Korea's Lessengers to develop 800G DR8 transceivers for AI and hyperscale data centers, announced in a press release.

April 02, 2025

Synechron Unveils Cybersecurity AI Accelerators

Synechron has launched its CyberAI accelerators program, a suite of AI-driven solutions aimed at enhancing enterprise security and compliance.

April 02, 2025

CoreWeave Sets New AI Benchmark with NVIDIA GB200 Superchips

CoreWeave has achieved a new AI inferencing benchmark using NVIDIA GB200 Grace Blackwell Superchips, delivering 800 tokens per second on the Llama 3.1 model, as announced in a press release.

April 02, 2025

OpenStack Epoxy Release Boosts AI and VMware Migration Capabilities

OpenInfra Foundation has announced the release of OpenStack 2025.1 Epoxy, enhancing AI workload support and VMware migration capabilities.

April 02, 2025

RxPreferred Introduces AI-Powered Pharmacy Benefits Platform

RxPreferred has launched RxP-AI, an AI-driven platform designed to optimize pharmacy benefits management and reduce drug costs, as announced in a press release.

April 02, 2025

Lovelytics and Nousot Merge to Form Leading Databricks Consultancy

Lovelytics and Nousot have merged to create a 500-person Databricks consulting firm, enhancing their capabilities in data and AI solutions.

April 02, 2025

SAS and Kansas State University Tackle Water Quality with AI

SAS and Kansas State University are collaborating to address water quality challenges in Kansas using the SAS Viya platform, as announced in a press release. The initiative aims to enhance water resource management and inform policy decisions.

April 02, 2025

Emovid Secures $7 Million to Enhance Business Communication Platform

Emovid has closed a seed funding round, raising nearly $7 million to expand its multi-modal messaging platform and introduce new generative AI features.

April 02, 2025

Divergent and webAI Partner to Integrate AI in Industrial Systems

Divergent Technologies and webAI have announced a strategic partnership to embed generative AI into hardware systems, targeting industries like aerospace and automotive.

April 02, 2025

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