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MarketsandMarkets Projects Character Based AI Agents Market to Reach $5.45 Billion by 2032

MarketsandMarkets projects the global character based AI agents market to grow from $0.55 billion in 2026 to $5.45 billion by 2032, driven by the rise of virtual influencers, AI companions, and advancements in generative AI and avatar technologies.

May 19, 2026

Agentic AI Foundation Adds 43 New Members Across Sectors

The Agentic AI Foundation has added 43 new members, bringing its total membership to 190 organizations spanning financial services, infrastructure, security, and public sectors.

May 19, 2026

FortyAU Acquires Ronin Consulting to Expand AI and Data Capabilities

FortyAU has acquired Ronin Consulting to strengthen its AI and data engineering capabilities across healthcare, financial services, and defense sectors. Both Nashville-based firms will combine their digital engineering practices to serve clients in regulated industries.

May 19, 2026

Xactus Appoints Crispen Masunda as Chief AI Architect

Xactus has appointed Crispen Masunda as Chief AI Architect to lead its artificial intelligence strategy and accelerate development of the Xactus360 Intelligent Verification Platform for the mortgage industry.

May 19, 2026

AMI Launches Shift Left Initiative for Arm Total Design with Synopsys

AMI has announced a Shift Left initiative for Arm Total Design in collaboration with Arm and Synopsys, enabling earlier firmware validation during chip development to reduce risk and speed up production.

May 19, 2026

Conde Nast CEO Predicted End of Search Traffic as 5W Data Confirms Shift

Conde Nast CEO Roger Lynch told teams to plan as if search were zero a year before data confirmed a steep decline in search referrals. A new 5W study now measures how Conde Nast brands perform across AI discovery platforms like ChatGPT, Claude, Gemini, and Perplexity.

May 19, 2026

Ultima Genomics Appoints Francisco De La Vega to Lead Germline Genomics

Ultima Genomics has appointed Francisco De La Vega as Vice President of Germline Genomics and Distinguished Scientific Fellow. He will guide the company’s efforts in inherited genome analysis and expand applications of its sequencing technology for genetic disease research and clinical use.

May 19, 2026

OMNY Health Expands Data Network and Introduces Oncology Research Suite

OMNY Health has expanded its healthcare data ecosystem to include over 175 million de-identified patient records and launched a new oncology product suite designed to close real-world evidence gaps in cancer research.

May 19, 2026

SCRT Labs Integrates Intel Trust Authority into SecretVM

SCRT Labs has integrated Intel Trust Authority into every SecretVM, enabling default attestation and independent verification for confidential computing workloads.

May 19, 2026

DataShapes AI Partners with L3Harris on Wraith Shield Drone Defense Radios

DataShapes AI announced it is the artificial intelligence partner behind L3Harris Technologies' new Wraith Shield system, which enables tactical radios to detect and disrupt drone threats without cloud connectivity.

May 19, 2026

Rowland AI Names Albert Chan as President and Chief AI Officer

Rowland AI has appointed Albert Chan as President and Chief AI Officer, effective May 18, 2026. Chan will oversee product innovation, AI strategy, and platform growth for the company’s land and energy workflow platform.

May 19, 2026

EQT Chosen to Manage €5 Billion Scaleup Europe Fund Backed by EU

The European Commission and investors across Europe have selected EQT as the preferred investment adviser and fund manager for the €5 billion Scaleup Europe Fund, aimed at supporting technology scaleups in sectors such as AI, quantum computing, and biotech.

May 19, 2026

ION Launches AI Agent Website Platform Powered by Runloop

YC-backed ION has launched an AI-driven website conversion platform built on Runloop's infrastructure. The platform deploys autonomous agents that optimize website performance and has already generated significant revenue increases for early customers.

May 19, 2026

UNC Greensboro Receives $2 Million for NC BioMISSION Workforce Program

UNC Greensboro has received a $2 million award from BioMADE to launch NC BioMISSION, a bioindustrial manufacturing training and research program aimed at preparing students for biotechnology careers in North Carolina.

May 19, 2026

BRG Report Finds AI Adoption in Financial Institutions Outpacing Risk Readiness

A new BRG report shows that while 94% of financial institutions expect AI use to increase, many lack sufficient governance and risk management frameworks to support rapid adoption.

May 19, 2026

NASA Awards QuesTek Innovations Contract to Develop Space Manufacturing Toolkit

NASA has selected QuesTek Innovations for an Ignite SBIR Phase I award to create ASTRO-Grav, a simulation toolkit designed to optimize materials and manufacturing processes in microgravity environments.

May 19, 2026

Vortex Imaging Raises $12 Million to Advance Computational Ultrasound System

Vortex Imaging has closed a $12 million funding round to support development and regulatory clearance of its computational ultrasound system, while expanding its board with experienced medtech leaders.

May 19, 2026

Einride and EASE Logistics Begin Deployment of Autonomous Electric Trucks in Ohio

Einride and EASE Logistics have started deploying Level 4 autonomous electric trucks between EASE warehouses in Marysville, Ohio, as part of the Truck Automation Corridor Project with DriveOhio and INDOT. The vehicles will operate on private and public roads to evaluate safety and efficiency in daily freight operations.

May 19, 2026

ChemTreat Named Strategic Provider in Dow Coolant Care Network for AI Data Centers

ChemTreat has been selected as Dow’s national strategic service provider and sole preferred provider in Virginia for the new Coolant Care Network, supporting AI data center cooling systems.

May 19, 2026

Microwave Products Group Unveils Three New AI-Based RF Systems for Aerospace and Defense

Microwave Products Group, part of Dover, announced three new radio frequency products designed for faster signal analysis and classification at AOC Europe 2026 in Helsinki.

May 19, 2026

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