Topic
20 articles found
Almost every AI tool aimed at the NHS is built for clinicians. Frontier Health raised $16M to build for the people behind them. The London startup announced a $16M seed round led by Atomico, with firstminute capital and XYZ Venture Capital also taking part. It is the first institutional money into t
Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to the founders of a new fund out today. Europe accounted for just
The defence-tech land grab has a new front, and it sits above the drones and sensors that get the headlines. Comand AI, a Paris startup building AI software for military command, has raised a €32mn Series A led by Blossom Capital, with a strategic investment from Sweden’s Saab and renewed backing fr
SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the largest IPO tax windfall in state history. The re
Devplan, a Seattle startup building software to coordinate product and engineering work, is emerging from stealth with $2.5 million in seed funding led by AI2 Incubator. Read More
Adobe has announced a major expansion of its "creative agent" across its flagship Creative Cloud suite and upgraded Firefly AI studio. Available in public beta starting today across Premiere Pro, Photoshop, Illustrator, InDesign, and Frame.io, the agent is designed to serve everyone from individual
Yann LeCun has never been quiet about his doubts, and his latest target is one of the most valuable companies on earth. Elon Musk’s xAI is “kind of a failure” that will not be able to compete on the frontier with OpenAI and Anthropic, LeCun, the founder of AMI Labs and a former chief AI […] This sto
Accenture had the worst day in its history on the stock market on Thursday, and the reason cuts to the heart of the AI era: investors increasingly fear that AI will hollow out the consulting business itself. Shares fell as much as 20 per cent, the company’s worst one-day drop on record, after it for
Two expeditions, two spacewalks, 322 days in space.
There are now 24 default color options instead of 11, and you can select more via an RGB color picker. | Image: Google Running out of color options for events in Google Calendar shouldn't be an issue going forward. The previous limit of 11 predefined colors has now been expanded to give users access
Most people used ChatGPT like a smarter search engine. Ask a question, get an answer, and move on. It works but it leaves a surprising amount of value on the table. Over the past few years, ChatGPT has evolved far beyond a simple chatbot. It can browse the web, analyze files, generate images, mainta
Architect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the design of custom chips. This innovation aims to reduce the current two-year timeline and multi-million dollar costs associated with chip development. Architect Lab
The move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D) centers in across Manchester, Leeds, and Birmingham over the next three to five years.
Wipro is set to acquire a further 20% stake in Aggne Global IT Services Private Limited. This move will boost Wipro's ownership in Aggne Global IT to 80%. The transaction is valued at $2.1 million. This acquisition aims to strengthen Wipro's position in the insurance sector, particularly in AI and I
At Vivatech 2026, Prime Minister Narendra Modi emphasized the necessity of democratizing technology for sustainable development, describing AI as 'All Inclusive' for the nation. With India setting a benchmark in digital transactions, he showcased the country's commitment to utilizing technology for
Chinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive from the Chinese government to undo the original sale. Early backers are initiating the buyback process.
During a pivotal encounter in Paris, Mistral AI's CEO, Arthur Mensch, sat down with Prime Minister Narendra Modi to explore the future of artificial intelligence. With a shared vision of accessibility at the forefront, they delved into the concept of sovereign AI development.
L’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
L'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, people familiar with the transaction told ET that the deal values the Gurugram-based startup at around Rs 4,100 crore.
Tringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI development, enhance technology infrastructure, and expand their music catalogue. The company plans to scale its intelligent speaker network and deploy across premium v
