Stay up to date with the latest developments in artificial intelligence.
Axiad has launched a new development center in Hyderabad, India, to enhance its global R&D capabilities, as announced in a press release. The company also appointed Ketan Dudhane as Director of Engineering in India.
CaPow and Peer Robotics have announced a partnership to integrate CaPow's power transfer technology into Peer Robotics' autonomous mobile robots, eliminating charging downtime.
C2 Technologies, Inc. has appointed Carlos Del Toro, former Secretary of the Navy, to its Advisory Board, enhancing its AI-driven military training solutions.
Vuzix Corporation and Fraunhofer IPMS have announced a significant milestone in the development of a custom microLED backplane, designed for high-performance display applications.
Raytheon, part of RTX, has successfully demonstrated its ASTARTE system, which integrates with military command systems to improve airspace deconfliction and mission planning.
Spring Health has announced the launch of VERA-MH, an open-source benchmark for evaluating AI in mental health, aimed at ensuring ethical and safe AI interactions.
InsurAds and Anura Solutions have partnered to integrate advanced fraud detection into digital advertising insurance, enhancing campaign integrity and performance.
Path Robotics and ALM Positioners have successfully implemented their AI-powered welding solution at TYCROP, significantly improving production efficiency and throughput.
SpreeAI, a leader in fashion tech, has reached a $1.5 billion valuation, as announced in a press release. The company is transforming retail with its AI-powered virtual try-on technology.
Xiao-I Corporation has expanded its partnership with AIA China through a one-year AI solutions contract valued at RMB 3-4 million, announced in a press release.
BookitnGo has raised Series A funding led by Claritas Capital, with True Global Ventures increasing its investment to support the company's AI-powered travel technology.
XY Miners has announced a $70 million Series B funding round to advance its AI-based cloud mining infrastructure, aiming to boost user returns by 20%.
Bloomberg has announced the expansion of its AI-powered Intraday BVAL (IBVAL) Front Office pricing solution to include emerging market bonds, enhancing pricing transparency for global traders.
Orca AI has raised $72.5 million in Series B funding to enhance its autonomous shipping technology, led by Brighton Park Capital.
Ubiety Technologies and Ivani have announced the integration of AI-powered presence verification and RF activity sensing in the Halo Connect device, marking a first in the industry.
Efficient Capital Labs has appointed Denada Ramnishta as Chief Revenue Officer to lead its global revenue strategy and expand its presence in B2B SaaS and AI markets.
Lovelace AI has completed its seed funding round, led by RRE Ventures, to enhance its data fusion technology for defense and commercial sectors.
Altamont Software has successfully integrated AI-powered radiology reporting applications with existing imaging modalities, enhancing efficiency in medical imaging processes.
FM has announced the launch of its Intellium program to help clients manage the complexities of data centers and AI-driven power demands, according to a press release.
CafeX has announced an expansion of its AI platform to include comprehensive data governance and compliance solutions, partnering with Adaptive Analytics to enhance capabilities.
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