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Meta has finalised an agreement to purchase PlayAI, a small startup specialising in voice AI. According to an internal memo seen by Bloomberg, the “entire PlayAI...
Elon Musk’s SpaceX has approved an investment of $2 billion in his AI startup, xAI, which accounts for nearly half of the recent equity raised by...
Meta has acquired a minority stake in EssilorLuxottica SA, the world’s leading eyewear manufacturer, which also makes Ray-Ban, for expanding the tech giant’s financial involvement in...
US-based AI cloud-computing startup CoreWeave has announced the acquisition of Core Scientific, a leading data centre infrastructure provider, for $9 million in an all-stock transaction. “This...
French chip startup Arago has secured $26 million in seed capital to create its light-based AI accelerator, known as Jef. The company’s goal is to lower...
Leaders from the BRICS coalition of developing countries are set to advocate for safeguards against unauthorised AI usage to prevent excessive data gathering and to establish...
Mitsubishi Electric Corporation announced on July 7 that its ME Innovation Fund has invested in Things, a Japan-based startup that develops and provides AI-assisted product lifecycle...
AppsForBharat, the operator of the online devotional app Sri Mandir, has secured ₹175 crore in a Series C funding round led by Susquehanna Asia Venture Capital,...