A London-headquartered data centre firm today said it had secured $2.7bn in financing, with the funds earmarked to expand across Europe and the Middle East amid soaring AI workload demands. Pure Dat…
Reports say that the three individuals successfully shipped a batch of banned Nvidia AI chips in Super Micro servers to China from Taiwan to Hong Kong via Japan using falsified documentation.
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Thrive and Sequoia have invested $46 million into Pace, a startup that says its AI agents can handle the dull work insurers have long shipped to offshore operators.
Opendoor Co-Founder Eric Wu Launches AI For Construction Venture
The Chinese government has imposed travel restrictions on key AI experts, requiring them to secure an approval before they can leave the country. Beijing is reportedly doing this to secure talent, which it now considers as…
Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Found…
Amid rapidly growing adoption of enterprise-level AI agents, there’s a disconnect emerging between ambition and execution. Although 85% of organizations say they want to be agentic within the next three years, 76% say their current operations and infrastructure can’t support that change. They cite a lack of readiness across people, processes, and workflows. The sticky…
Elon Musk’s xAI has told employees to limit their contact with staff from Cursor , the AI coding startup that SpaceX has an option to acquire for $60 billion. The directive came from James Burnham, xAI’s general counsel and former chief lawyer at the…
Certo,an AI-powered compliance platform for the beauty and consumer goods industries,has raised $4 million in seed funding to accelerate product development andsupport its international expansion. The…
Felipe Sinisterra and Dave Wang, two ex-bankers, are booked out for the next two months teaching financial institutions to actually use the AI tools they have already bought. Felipe Sinisterra and Dave Wang, two former investment bankers, are charging …