Cohere to Allow Employees to Sell Shares in Secondary Sale
Nvidia-backed AI firm Cohere is launching a tender offer allowing employees to sell shares to outside investors, as its annualized revenue reaches $150 million.
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Nvidia-backed AI firm Cohere is launching a tender offer allowing employees to sell shares to outside investors, as its annualized revenue reaches $150 million.
Dubai-based startup Cercli has raised $12 million in an oversubscribed Series A round led by Picus Capital to expand its AI-native HR and payroll platform for MENA businesses.
Lithuania-based Nexos.ai has secured €30 million in Series A funding co-led by Evantic Capital and Index Ventures to expand its enterprise AI orchestration platform across Europe and North America.
Infrrd has introduced Ally, an Agentic AI workforce designed to automate up to 80% of the mortgage audit process. The company will showcase the platform during a live webinar on October 29, 2025.
Los Angeles-based Dialogue AI has launched with a $6 million seed funding round led by Lightspeed Venture Partners. The company’s platform uses live conversational AI to automate customer research workflows and deliver real-time insights for teams across industries.
Microsoft has launched ExCyTIn-Bench, an open-source benchmark designed to test AI agents on realistic cybersecurity investigations using simulated multi-stage attacks and data from Microsoft Sentinel.
Arm Holdings has expanded its Flexible Access licensing program to include its Armv9 edge AI platform, offering startups and device makers low-cost access to chip design tools for on-device AI development.
The U.S. Federal Trade Commission has taken down several blog posts published under former chair Lina Khan that discussed AI consumer risks and open-source models, according to a Wired report. The removals come amid broader content changes at the agency under new leadership.
Microsoft has announced it will enable in-country data processing for Microsoft 365 Copilot in the United Arab Emirates starting in early 2026. The service will operate from Microsoft’s data centers in Dubai and Abu Dhabi, ensuring data storage and processing within national borders.
Intel has announced a new data center GPU, code-named Crescent Island, optimized for AI inference tasks and designed for air-cooled enterprise servers. The GPU features 160GB of LPDDR5X memory and is based on the Xe3P microarchitecture, with customer sampling expected in the second half of 2026.
China's generative AI users doubled to 515 million by June 2025, representing 36.5 percent of the population, according to a report by the China Internet Network Information Center.
Pathwork has announced a strategic partnership with AIMCOR Group to deploy its AI solutions across AIMCOR's network, streamlining case management and underwriting for member firms.
Matters.AI has secured $6.25 million in funding to develop its AI Security Engineer, an autonomous system designed to identify, understand, and protect sensitive enterprise data across cloud, SaaS, and endpoint environments.
Montreal-based startup Ready Plan Go has secured $750,000 in pre-seed funding to expand its AI platform that automates administrative tasks for accountants, aiming to reduce manual paperwork and improve efficiency.
PDW has launched a new Multi-Mission Payload (MMP) suite for its C100 platform, enhancing communication, navigation, and spectrum awareness capabilities for the U.S. Army under a $20.9 million award.
Li-S Energy has signed a collaboration agreement with Praetorian Aeronautics to test and integrate lithium-sulfur batteries into AI-powered interceptor drones and autonomous defense platforms.
Kägwerks and Sigma Defense have announced a partnership to deliver an integrated C5ISR solution combining Kägwerks' DOCK-Ultra platform with Sigma Defense's Olympus ecosystem to enhance real-time connectivity and situational awareness for warfighters.
Researchers at Florida International University have developed SHIELD, a machine learning-based system that detects and recovers drones from cyberattacks midflight, allowing them to complete their missions.
Sigma Defense has acquired Aries Defense to strengthen its tactical edge ISR and CJADC2 capabilities, integrating Aries’ sensor and video systems with Sigma’s Olympus ecosystem.
Leidos and VML have introduced Imperium, an AI-powered platform built to enhance U.S. strategic information operations by improving planning, analysis, and mission agility.