Stay up to date with the latest developments in artificial intelligence.
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.
Canopy announced that two studies using its Remote Therapeutic Monitoring Platform have been selected for presentation at the 2026 ASCO Annual Meeting, showing reduced hospitalizations, cost savings, and improved treatment persistence for oncology patients.
WhiteFiber has signed a five-year agreement worth over $160 million to provide AI compute infrastructure for an investment-grade technology customer in the Paris region. The deployment will use NVIDIA GPU systems and begin service in July 2026.
Coupa Software has acquired Tonkean, an AI-native intake and orchestration platform, to strengthen its agentic trade network and enhance autonomous spend management capabilities for global buyers and suppliers.
Centric Software has launched Centric AI Studio, a generative AI platform that integrates with its PLM system to enhance product creation workflows across industries such as fashion, cosmetics, and food and beverage.
BAI Capital has completed the first close of its new $800 million fund, securing $600 million in commitments. The fund targets growth-stage companies with proven commercial traction and cross-border expansion potential in sectors such as technology, AI, and financial services.
actAVA.ai has introduced CHI-Bench, a benchmark evaluating AI agents from companies like Anthropic, OpenAI, and Google across 75 healthcare workflows. The top-performing agent succeeded in only 28% of cases.
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