The U.S. Department of Defense announced on May 1 that it has reached agreements with seven technology companies to deploy their AI capabilities on classified and top-secret military networks.
ByNN Desk
The ARI acquisition comes as Meta prepares to cut ~10% of its workforce and redirect capital toward AI, with 2026 spending projected up to $135 billion. Robotics and AI research are emerging as priority bets in that shift.
ByNN Desk
Anthropic is targeting a valuation of $900 billion, a figure that would surpass rival OpenAI, as the company moves toward a public listing later this year.
ByNN Desk
With the fresh funding, Oolka plans to deepen its AI capabilities and expand across financial services, building on its early traction in consumer credit.
ByNN Desk
Sunnyvale-based Scout AI secures $100M Series A, the largest in US defense tech, to scale its AI model for autonomous military operations across air, land, sea, and space.
ByNN Desk
Nvidia backs AI legal startup Legora at $5.6B valuation. Meanwhile, the startup's rivalry with Harvey, now valued at $11B, is heating up globally.
ByNN Desk
Aidoc has secured $150M in Series E funding led by Goldman Sachs, pushing its total raise past $500M as it accelerates its CARE clinical AI foundation model.
ByNN Desk
BMW i Ventures has closed a $300 million third fund targeting physical AI, agentic AI, and industrial software startups across North America and Europe.
ByNN Desk
The plan, to be detailed at London Tech Week in June, positions Britain as a design-led player in a global AI chip market growing at 30% annually.
ByNN Desk
Ctruh has raised $2.5 million in a seed funding round led by Inflection Point Ventures (IPV), with participation from Avinya Ventures, India Accelerator, and others.
ByNN Desk
