Stay up to date with the latest developments in artificial intelligence.
CPRO, a physical AI security company, will become publicly listed through a merger with Lakeshore Acquisition III Corp, valuing the combined firm at about $326 million. The deal is expected to close in the fourth quarter of 2026.
Schneider Electric and Motivair have completed phased delivery of AI infrastructure solutions worth over $290 million for TeraWulf’s Lake Mariner data campus near Buffalo, New York. The project supports up to 750 MW of power demand and integrates power, cooling, and monitoring systems to accelerate AI data center deployment.
Tamnoon has expanded its AI engine, Tami, into a skill-based orchestrator that generates tailored remediation skills for enterprise environments, introducing new capabilities for automated cloud defense.
Modine has signed a long-term capacity agreement worth over $4 billion with a strategic data center customer, ensuring supply of Airedale by Modine cooling products through 2029 and receiving a $165 million upfront payment to expand capacity.
Terra Quantum has signed a definitive business combination agreement with Axiom Intelligence Acquisition Corp 1, valuing the quantum technology company at $3.5 billion and paving the way for its listing on Nasdaq under the ticker symbol TQ.
Cogent Communications has agreed to sell 10 of its data center facilities for $225 million in cash to an entity backed by I Squared Capital. The deal is expected to close by mid-June 2026, pending regulatory approval.
Tata Elxsi has introduced ViTel, a material intelligence platform co-developed with Viridium AI to help medical device manufacturers manage sourcing, compliance, and engineering decisions through AI-powered data integration.
Optimizely has announced a strategic collaboration with Deloitte Digital to help organizations redesign digital marketing operations through AI training, implementation, and transformation frameworks.
b.well Connected Health and myTomorrows have announced a partnership to streamline clinical trial access by combining unified health data with AI-based trial matching technology.
Coldi has introduced a turnkey platform that enables companies to deploy integrated AI Voice Agents with built-in telecom infrastructure and CRM integration, simplifying large-scale lead management operations.
Sorenson Communications has appointed Kevin Keleghan as Chief Executive Officer, succeeding Paget Alves, who will remain Chairman of the Board. The transition begins immediately, with Keleghan bringing extensive experience in technology and customer engagement services.
Psympl has appointed Allan Wallander as Chief Financial Officer following its Seed financing round. Wallander brings decades of experience supporting technology and SaaS companies through growth and exits.
Fortrade has begun using artificial intelligence tools to support its software development processes, changing how it builds and tests its trading platforms across web, mobile, and desktop environments.
The American Arbitration Association has named Jennifer Reeves as vice president, legal AI governance and integration lead. Reeves will oversee AI governance across the organization’s products, systems, and internal tools.
Hyland has announced six new appointments to its product leadership team to strengthen its focus on regulated, content-intensive industries such as healthcare, finance, insurance, education, and government.
NeuroXT and Beth Israel Deaconess Medical Center have entered a new phase of their collaboration to advance precision treatment for Alzheimer's disease using AI-based neuroimaging biomarkers.
Exabase announced that its M-1 memory engine achieved a record 96.4% accuracy on the LongMemEval benchmark, outperforming other systems while using a smaller and less expensive model.
HkeyBio has announced an expansion of its preclinical services for autoimmune and allergic diseases, adding new wet lab validation platforms and CRO service upgrades to meet growing demand from AI-driven drug discovery companies.
ABILITY Neurotech has received approval from Dutch regulators to begin a chronic implantation clinical trial for its fully implantable brain-computer interface in ALS patients. The study will be conducted at UMC Utrecht under the INTRECOM consortium.
LifeKnight, Inc. has expanded its patent portfolio to cover an AI-based emergency response pipeline, including biometric event detection, autonomous alarm determination, and direct routing to emergency services.
Daily report covering major AI developments and industry news, with both top stories and complete market updates
