CuspAI Raises $30 Million
CuspAI, a company based in Cambridge, United Kingdom, was able to secure $30 million.
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Instacart Introduces YouTube Shoppable Ads for CPG Brands
Instacart is extending its first-party retail media data to YouTube, offering more shoppable ad opportunities for its consumer packaged goods (CPG) advertisers.
India’s AI Aspirations Raise Multibillion Investments
Currently, India is striving to develop as a kind of technological center and is making concrete efforts in a practical dimension aimed at achieving the corresponding goal, which already has certain results in the form of investments from companies belonging to the Big Tech category from abroad.
NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech
The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.
Aim Security Raises $18 Million
Aim Security, a company that assists enterprises in the safe implementation of artificial intelligence, announced that it managed to raise investment funds for $18 million.
AI for Longevity: What Investors Should Know
Eternal life is something that humanity has been yearning for ages. Although that’s unrealistic as of now, the mortals have significantly improved their longevity prospects over the last few decades. Moreover, artificial intelligence (AI) can help people live even longer and healthier lives, bringing all the collective experience to the altar of longevity.
Amazon to Invest $230 Million in AI Startups
Amazon has announced its intention to invest $230 million in the form of Amazon Web Service (AWS) credits in startups operating in the artificial intelligence industry.
Tempus AI Raises $410.7 Million
Tempus AI Inc., which specializes in the development of the technology platform that processes medical data using artificial intelligence, conducted an initial public offering (IPO) at the top of a marketed range to raise $410.7 million.
Apple Edges Past Microsoft in Value
Last Thursday, June 13, Apple became the most valuable public company in the United States, displacing Microsoft from the corresponding position.
Broadcom Shares Rise
On Thursday, June 13, the value of Broadcom shares showed an increase of approximately 12% after the company published information on the economic results of its activities for the second fiscal quarter.
Ant Group Spends $2.9 Billion on Research
Last year, Ant Group Co. spent a record 21.2 billion yuan ($2.9 billion) on research.
Linq Raises $6.6 Million to Bring AI to Financial Analysts
Startup Linq raised $6.6 million in investment funds.
Black Semiconductor Raises $273 Million
The company Black Semiconductor, which is based in Germany and develops graphene-based technology for connecting chips, was able to raise investment funds for 254.4 million euros (about $273 million).
Apple Shares Hit Record High
The value of Apple securities on Tuesday, June 11, increased by 5%, reaching a new record high of $203 per share.
Morgan Stanley Says AI Helps Financial Advisers Save Time
Morgan Stanley CEO Ted Pick said that the ability of artificial intelligence to transcribe conversations and categorize them by topic could save financial advisers 10 to 15 hours a week.
ChatGPT Comes to iOS, iPadOS, and macOS
OpenAI officially announced that ChatGPT capabilities will be integrated into experiences within iOS, iPadOS, and macOS later this year.
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