Quandri Secures $12M to Expand AI Tools for Insurance Agencies
Quandri has raised $12 million to enhance its AI platform for insurance brokerages, led by Framework Venture Partners and Intact Ventures.
Stay up to date with the latest developments in artificial intelligence.
Quandri has raised $12 million to enhance its AI platform for insurance brokerages, led by Framework Venture Partners and Intact Ventures.
Cursor has acquired AI-powered CRM startup Koala to strengthen its enterprise capabilities, aiming to compete with GitHub Copilot.
Swedish AI startup Lovable has raised $200 million in a Series A funding round, reaching a $1.8 billion valuation. The funding will be used to expand its team and enhance its AI-powered platform.
Bloomberg Government has launched Federal Funding Flow, an AI-powered tool designed to streamline the federal budget and spending process, announced in a press release.
Bharti Airtel has partnered with Perplexity AI to provide a free one-year subscription to Perplexity Pro for its 360 million customers, enhancing their access to advanced AI-driven search and task automation.
OpenAI has launched the ChatGPT agent, a feature that allows ChatGPT to independently complete tasks using its own virtual computer, combining capabilities from previous tools like Operator and Deep Research.
Callidus Legal AI has raised $10 million in funding to accelerate the development of its AI platform for litigators, as announced in a press release. The funding round was led by Cervin Ventures.
Covenant, an AI law firm for private market investors, has raised $4 million in seed funding led by Flybridge Capital Partners to enhance its AI-powered legal solutions.
Boost.ai has announced its availability on AWS Marketplace, offering secure and scalable AI solutions for enterprises, according to a press release.
66degrees has appointed Brian Gregory as Chief Technology Officer, following his tenure at Google Cloud where he led global strategic partnerships.
Scale AI has announced layoffs affecting 14% of its workforce, primarily in its data-labeling business, as it restructures to focus on enterprise and government sales.
Auquan has been recognized with several prestigious awards in 2025, highlighting its impact in AI and financial technology.
Elix and LINC have commercialized the world's first AI drug discovery platform using federated learning, incorporating data from 16 pharmaceutical companies.
Eaton is collaborating with NVIDIA to accelerate the shift to high-voltage direct current (HVDC) power infrastructure in AI data centers, as announced in a press release.
Amazon has announced a $100 million investment in its AWS Generative AI Innovation Center to enhance agentic AI capabilities and support enterprise AI adoption.
Turnitin has announced the release of Turnitin Clarity, a new writing solution aimed at promoting transparency and responsible AI use in education.
IntuigenceAI has introduced the IntuiAI platform, a superintelligent AI-based engineer, and secured $10 million in funding led by Innovation Endeavors.
Barcelona-based startup Theker has raised $21 million in seed funding to scale its adaptive AI-driven robotics technology, marking the largest seed round in Spain's history.
Mistral AI has released Voxtral, its first open-source AI audio model, offering businesses an affordable alternative to proprietary systems.
A recent study by Axiom Global Inc. reveals a significant competency gap in legal teams as they rapidly adopt AI technologies, with only 20% achieving AI maturity.