Omni Raises $69 Million
Omni closed a Series B funding round worth $69 million this month.
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Corsair Capital Acquires Stake in Platform IDnow
Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.
ServiceNow to Acquire Moveworks
ServiceNow powerful agentic AI and automation capabilities, combined with Moveworks front-end AI assistant and enterprise search technology, will help speed up the adoption and innovation of AI in businesses.
Founder of Startup Butterfly Effect Says Chinese AI Agent Manus Transcends Chatbots
The Chinese startup Butterfly Effect, which has developed the general-purpose artificial intelligence agent dubbed Manus, appears to become a significant change factor in the market of large language models in the Asian country, as this virtual product focuses on apps beyond chatbots similar to ChatGPT from OpenAI.
The Future of Security: How AI Gun Detection is Revolutionizing Safety
The Future of Security: How AI Gun Detection is Revolutionizing Safety In an era marked by increasing security challenges, especially concerning gun violence, traditional safety measures are no longer enough. Recent statistics indicate that mass shootings and active shooter incidents have become too frequent in schools, malls, and other public spaces. As communities seek proactive […]
China Announces High-Tech Fund
After the artificial intelligence reasoning model, a product of the Chinese company DeepSeek, became popular globally in the current year, the top economic officials of the Asian country promised to form a state-backed fund to support technological innovation.
TSMC’s Sales Accelerates
Revenue of Taiwan Semiconductor Manufacturing Co. (TSMC) in the first two months of the current year showed growth of 39%, which is an acceleration compared to the upward dynamic of this indicator in 2024 and indicates a steady level of consumer demand for Nvidia chips used in the development of artificial intelligence.
StubHub Reportedly Considers Seeking $1 Billion in IPO
The media published information according to which the ticketing software company StubHub intends to raise more than $1 billion in an initial public offering (IPO) of shares.
Microsoft Reportedly Develops AI Reasoning Models
The media published information according to which Microsoft is currently developing in-house artificial intelligence reasoning models to compete with OpenAI.
Broadcom Shares Demonstrate Growth
Broadcom shares showed growth after the company released positive financial results for the first quarter of fiscal 2025 and optimistic guidance last Thursday, March 6, indicating continued demand for artificial intelligence.
GenAI Revenue to Surpass $1T by 2028
The acceleration of mass adoption for generative artificial intelligence (GenAI) is expected to boost revenues from this technology almost 20-fold over the next three years.
Microsoft Plans $297 Million AI Investment in South Africa
Microsoft will invest an additional 5.4 billion rand ($297 million) in South Africa by the end of 2027 to expand its cloud and artificial intelligence capacities in the country.
Apple Launches New iPad Air
Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.
Honor Pledges $10 Billion AI Investment
Last Sunday, March 2, Chinese smartphone manufacturer Honor pledged to invest $10 billion in artificial intelligence and announced the deepening of the Google partnership, which is related to the company’s desire to bolster its market share overseas.
ServiceNow Launches AI agents for Telecom Industry Based on NVIDIA AI
ServiceNow AI agents will revolutionize the entire telecom service lifecycle with enhanced productivity and speed for the most labor‑intensive workflows.
Scammers Use Social Media Selfies and GenAI
The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.
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