Stay up to date with the latest developments in artificial intelligence.
Saab and General Atomics Aeronautical Systems have completed the first flight of an unmanned Airborne Early Warning system combining Saab's LoyalEye radar with the MQ-9B aircraft. The test marks the start of a multi-month evaluation phase leading to a full capability demonstration later this year.
STL Optical Connectivity NA, a subsidiary of Sterlite Technologies, has received US Conec certification to offer pre-terminated fiber trunks using MMC connectors, expanding its Neuralis data center portfolio in North America.
The Path, an AI therapy platform co-founded by Tony Robbins and Calm veterans, has raised $14.3 million in seed funding led by Prime Movers Lab to grow its proactive mental health care technology and research initiatives.
Quantinuum has signed a letter of intent with the U.S. Department of Commerce's CHIPS Research and Development Office to receive federal funding for developing large-scale fault-tolerant trapped-ion quantum computers.
Sonar has acquired Gitar, an AI code review platform, to integrate its capabilities into SonarQube and provide unified code verification from development to deployment.
Leidos has received four awards under the U.S. Department of State's Evolve contract to modernize global IT systems supporting U.S. diplomacy. The contract covers cloud, network, application, and user support services across embassies and consulates worldwide.
Atom Computing has signed a Letter of Intent with the U.S. Department of Commerce for $100 million in funding to accelerate development of fault tolerant quantum computing systems using neutral atom technology.
CN Energy Group's subsidiary Pathenbot has signed its first intelligent cargo sorting services order, marking the commercial launch of its robotic sorting operations in the United States.
AppliedAI and McKinsey & Company have announced a collaboration to transform regulated enterprise operations using AppliedAI’s Opus platform and McKinsey’s QuantumBlack expertise. The partnership aims to accelerate deployment of governed, auditable AI workflows across industries such as finance and manufacturing.
EY and Microsoft are jointly investing over $1 billion in a global initiative to help clients implement AI solutions across core business functions. The program will deploy integrated teams to develop secure, industry-specific AI offerings focused on finance, tax, and supply chain operations.
IBM and the U.S. Department of Commerce have signed a Letter of Intent to establish Anderon, the first American pure-play quantum foundry, supported by $1 billion from the CHIPS program and $1 billion from IBM.
Hark has raised $700 million in Series A funding at a $6 billion valuation, led by Parkway Venture Capital with participation from Nvidia, AMD, Qualcomm, and others. The funds will accelerate development of Hark's personalized AI systems and dedicated hardware, with first models expected this summer.
Exa Labs Inc. has secured $250 million in Series C funding at a $2.2 billion valuation, led by Andreessen Horowitz, to scale its AI-focused search engine and infrastructure.
Anthropic expects its first quarterly operating profit as it agrees to pay SpaceX $1.25 billion per month for computing capacity through May 2029, totaling nearly $45 billion.
An internal OpenAI model has autonomously solved the planar unit distance problem, a long-standing question in discrete geometry first posed by Paul Erdős in 1946. The AI-generated proof, verified by external mathematicians, disproves a central conjecture and introduces new methods from algebraic number theory.
Mercury has completed a $200 million Series D funding round led by TCV, valuing the fintech company at $5.2 billion. The firm plans to expand its AI-powered financial tools and pursue a national bank charter.
Alibaba has introduced the Zhenwu M890 AI chip, developed by its T-Head unit, offering triple the performance of its predecessor and marking a key step in China's effort to build domestic alternatives to Nvidia processors.
Microsoft and Black Tech Street have launched the Greenwood Cyber and AI Lab in Tulsa's historic Greenwood district. The facility will focus on AI, cybersecurity, and autonomous systems as part of a broader regional tech initiative.
Manulife announced leadership changes across its global operations, including new appointments in Canada, Hong Kong, and technology divisions. The restructuring, effective July 1, 2026, aligns with the company’s updated enterprise strategy.
BharathCloud has launched its first AI-ready sovereign Cloud Centre at CtrlS Datacenters' Hyderabad DC1 facility, supported by JLL as the exclusive advisor. The move marks the beginning of BharathCloud's $100 million plan to expand cloud infrastructure across India.
Daily report covering major AI developments and industry news, with both top stories and complete market updates
