Latest News

Meta to Initiate Layoffs and Focus on AI Hiring

Meta Platforms will begin layoffs next week, affecting 5% of its workforce, while accelerating hiring for AI roles.

February 13, 2025

Iliad Announces $3.1 Billion Investment in AI Infrastructure Across Europe

French telecom group Iliad plans to invest $3.1 billion in AI infrastructure, focusing on data centers and computing power through its subsidiary OpCore.

February 13, 2025

Hyderabad Startup to Launch India's First AI Lab in Space

TakeMe2Space, a Hyderabad-based startup, plans to democratize space access by launching India's first AI-driven satellite lab, enabling students and businesses to interact with satellites in real-time.

February 13, 2025

Cerebras and Mistral Set Speed Record with AI Assistant Le Chat

Cerebras Systems partners with France's Mistral to launch Le Chat, the world's fastest AI assistant, capable of responding at 1,000 words per second.

February 13, 2025

Cerebras and Perplexity Launch Ultra-Fast AI Search Model Sonar

Cerebras Systems partners with Perplexity AI to introduce Sonar, a high-speed AI search model, leveraging Cerebras' advanced AI inference infrastructure.

February 13, 2025

Railtown AI Technologies to Acquire AI Partnerships Corp.

Railtown AI Technologies has signed a Memorandum of Understanding to acquire AI Partnerships Corp., aiming to enhance its AI solutions and expand its global reach.

February 13, 2025

75F Secures $45M Series B Funding to Enhance Building Automation

75F, a leader in IoT and AI-driven HVAC automation, has raised $45 million in a Series B funding round to expand its energy-saving technologies.

February 13, 2025

Finmo Secures $18.5 Million to Enhance AI-Powered Treasury Solutions

Finmo has raised $18.5 million in a Series A funding round co-led by Quona Capital and PayPal Ventures, as announced in a press release. The funds will be used to accelerate product development and expand global reach.

February 12, 2025

JustPaid and Veryfi Partner to Enhance Financial Management with AI

JustPaid and Veryfi, both Y Combinator-backed companies, have partnered to streamline financial management through AI, enhancing invoice automation and revenue operations.

February 12, 2025

Amazon Bedrock AI Service Expands to Switzerland

Amazon Web Services has launched its Bedrock generative AI service in the AWS Europe (Zurich) Region, enabling Swiss customers to build and scale AI applications.

February 12, 2025

Sapiens Unveils AI-Enhanced Underwriting Solution for Insurers

Sapiens International Corporation has released UnderwritingPro v14, an advanced automated underwriting system for life and annuities insurers, featuring AI-driven capabilities and enhanced communication tools.

February 12, 2025

Maryland Teamsters Advocate for Regulation of Driverless Vehicles

The Maryland Teamsters are urging the passage of House Bill 439 to ensure human operators in vehicles over 10,000 pounds, aiming to protect jobs and highway safety.

February 12, 2025

Datalign Secures $9M to Boost AI Financial Advisory Solutions

Datalign Advisory has secured $9 million in seed funding, with $5 million from Link Ventures, to enhance its AI-powered financial advisory platform.

February 12, 2025

ConverzAI Secures $16M Series A to Enhance AI Recruitment Solutions

ConverzAI has raised $16 million in a Series A funding round led by Menlo Ventures to advance its AI-powered recruitment platform.

February 12, 2025

EU Launches €200 Billion InvestAI Initiative

The European Union has announced a €200 billion investment in AI development, focusing on AI gigafactories and public-private partnerships.

February 12, 2025

19Labs and IDB Lab Launch Drone-Delivered Medical Aid in Guyana

19Labs, in partnership with IDB Lab, has introduced GALE | Force, a long-range drone system to deliver medical supplies to remote areas in Guyana.

February 12, 2025

Schneider Electric Introduces AI-Driven Process Safety Patent

Schneider Electric has unveiled a new patent that uses AI to enhance process safety by automatically analyzing and preventing industrial hazards.

February 12, 2025

Cavallo Appoints Jesse Clem as Chief Revenue Officer

Cavallo has announced Jesse Clem as its new Chief Revenue Officer, bringing extensive experience from companies like Google and IBM.

February 12, 2025

AIRS Medical and Incepto Collaborate to Enhance MRI Efficiency in Europe

AIRS Medical partners with Incepto to bring SwiftMR, an AI-powered MRI reconstruction technology, to diagnostic imaging providers across Europe, aiming to reduce scan times and improve image quality.

February 12, 2025

Avathon and Armada Collaborate to Enhance Industrial AI in Remote Areas

Avathon partners with Armada to deploy prescriptive maintenance and computer vision applications in remote industrial areas using edge infrastructure.

February 12, 2025