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Cerebras Systems Targets $3.5 Billion in Upcoming IPO

Cerebras Systems plans to raise up to $3.5 billion through an initial public offering, offering 28 million shares priced between $115 and $125 each, which could value the company at $26.6 billion.

May 05, 2026

Eventus Names Cameron Routh as Chief Executive Officer

Eventus has appointed Cameron Routh as its new CEO, succeeding founder Travis Schwab. Routh brings over 20 years of experience in financial technology leadership and plans to expand the company’s global presence and AI capabilities.

May 05, 2026

Kingland Powers RSM's Global Risk and Independence Program

Kingland Systems is providing the digital infrastructure for RSM International’s global ethics and independence program, enabling continuous monitoring and regulatory compliance for its network of member firms.

May 05, 2026

West Coast Informatics Launches AutomapAI for Clinical Data Normalization

West Coast Informatics has introduced AutomapAI, a platform that automates the transformation of fragmented clinical data into standardized, AI-ready formats, enabling healthcare organizations to streamline data integration and analytics.

May 05, 2026

VIAVI Solutions Launches CyberFlood CF1000 for Multi-Terabit Security and AI Infrastructure Testing

VIAVI Solutions has introduced the CyberFlood CF1000 Appliance, a 400G security and performance test platform designed to validate multi-terabit security and AI data center infrastructures under encrypted, large-scale conditions.

May 05, 2026

ZyG Raises $60 Million Series A Led by Accel

ZyG has secured $60 million in Series A funding led by Accel, with participation from Felix Capital, Bessemer Venture Partners, and Lightspeed Venture Partners. The funds will support the growth of ZyG OS, an AI platform that automates scaling for direct-to-consumer brands.

May 05, 2026

Arzeda and KENT Specialty Milling Partner on AI Protein Design Collaboration

Arzeda and KENT Specialty Milling have entered a product development collaboration to create new proteins using AI-based design technology, combining Arzeda's Intelligent Protein Design Technology with KENT's manufacturing expertise.

May 05, 2026

Elevat Powers Launch of IDEX Fire and Safety’s Captium IQ AI Technician

Elevat has announced that its AI and IoT platform powers Captium IQ, a new AI Technician developed by HURST Jaws of Life, part of IDEX Fire and Safety. The system provides guided diagnostics and real-time service insights for rescue equipment.

May 05, 2026

KfW Reports 6% Rise in German Startup Financing in Q1 2026, Led by AI Companies

Germany's KfW reports a six percent annual increase in startup financing in the first quarter of 2026, with AI firms receiving more than half of total investments and strong participation from US investors.

May 05, 2026

Michael J. Fox Foundation Renames Landmark Parkinson's Study to Focus on Precision Medicine

The Michael J. Fox Foundation has renamed its Parkinson's Progression Markers Initiative to the Parkinson's Precision Medicine Initiative, marking a shift toward biology-based research and early detection.

May 05, 2026

Cognizant Named Global AI Services Partner for Aston Martin Aramco Formula One Team

Cognizant has been named the Global AI Services Partner for the Aston Martin Aramco Formula One Team. The partnership aims to advance AI applications across the team's operations and fan engagement systems.

May 05, 2026

Netomi Raises $110 Million in Series C Funding Led by Accenture Ventures

AI customer service startup Netomi has secured $110 million in a Series C round led by Accenture Ventures, with participation from Adobe Ventures, WndrCo, NAVER Ventures, and others. The company plans to expand customer deployments and research while deepening partnerships with Accenture and Adobe.

May 05, 2026

Anthropic in Talks to Source AI Chips from UK Startup Fractile

Anthropic is in early discussions with UK-based chip startup Fractile to purchase its upcoming AI inference chips, according to The Information. The move would expand Anthropic's chip supply beyond Nvidia, Google, and Amazon as it seeks to manage soaring compute costs.

May 05, 2026

FINN Partners and HITLAB to Host Global Health Summit Focused on AI and Sustainability

FINN Partners, HITLAB, The Galien Foundation, and 1BusinessWorld will host the second annual People & Planet United Summit in New York City as part of Health Innovation Week. The event will explore how artificial intelligence and climate factors shape global health and care delivery.

May 05, 2026

MOTORMIA Unveils Massive AI Knowledgebase for Automotive Aftermarket

MOTORMIA has announced the creation of what it calls the largest digital knowledgebase for cars and aftermarket parts, built using AI to map over 5 million parts across more than 4,000 brands and 75,000 vehicle configurations.

May 05, 2026

CollectivIQ Expands Platform to Address AI Hallucination and Bias

CollectivIQ has announced major upgrades to its AI consensus platform, adding multimodal image generation, integrated payment capture, and expanded retrieval capabilities to enhance accuracy, collaboration, and governance.

May 05, 2026

iRobot Founder Colin Angle Launches Familiar Machines & Magic for Consumer Physical AI

Colin Angle, co-founder of iRobot, has launched a new company called Familiar Machines & Magic to develop emotionally intelligent robots called Familiars designed for natural human interaction.

May 05, 2026

NetSentries Releases AI Assisted Security Testing in NST Assure Platform

NetSentries has announced the general availability of AI assisted security testing within its NST Assure platform, enabling faster exposure validation under human oversight.

May 05, 2026

Appleton Partners Selects Mili for Advisor Workflows

Appleton Partners has chosen Mili as its AI platform to automate private client workflows, integrating with Salesforce to streamline meeting preparation, documentation, and follow-ups.

May 05, 2026

BC Platforms and AWS Sign Collaboration to Advance Healthcare Data Analytics

BC Platforms has signed a strategic collaboration agreement with Amazon Web Services to accelerate healthcare and life sciences innovation through enhanced data analytics and AI capabilities within its BC Mosaic platform.

May 05, 2026
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