The $16M Series A funding round led by Avataar Ventures will help CredCore, an AI-driven startup, to enhance transaction efficiency in the enterprise debt investment sector, enabling clients to expand their teams and increase their assets under management (AUM).
Bain & Company reveals that 80% of search engine users rely on AI summaries at least 40% of the time, forcing brands to rethink their marketing strategies or lose visibility.
In collaboration with Ascendion, a leader in AI-driven software engineering, Axos Bank’s Zenith platform is set to incorporate innovative features that streamline banking operations and offer personalized services to its users.
Self-described artificial intelligence-powered workspace Stacks has stated that it has become richer by $10 million.
Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.
On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.
The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.
OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.
Workday has launched a tool that helps companies manage their artificial intelligence agents.
Sardine raised $70 million in a Series C funding round.
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
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