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Alphabet-Backed Isomorphic Labs Raises $600 Million for AI Drug Development

The subsidiary of Google parent Alphabet plans to use its first round of external funding to boost its artificial-intelligence drug design pipeline across multiple therapeutic areas.

Finstreets AI Secures Dollar 1M to Unveil Sukrut AI, Pioneering Open-Source LLM for Industry Transformation

Gujarat, India Artificial intelligence is changing industries everywhere, and a homegrown startup from Gujarat is making a big impact. Meet Finstreets AI a platform that's making AI easy to use for students,

Chinese AI startup Manycore makes global push amid US tensions

China's AI startup Manycore Tech Inc. is keen to grow its global presence, despite tensions between Washington and Beijing presenting increasing challenges for Chinese companies to build cutting-edge technologies and market them abroad.

AI hardware 7month
Fidelity (FIS) Debuts Treasury GPT AI Tool for Finance Automation

We recently published a list of 12 AI News Investors Should Not Miss This Week. In this article, we are going to take a look at where Fidelity National Information Services, Inc.

Fujitsu advances AI in radio access networks for real-time video analytics

The integration of AI into radio access networks enables applications such as predicting criminal behavior and detecting falls among vulnerable individuals.

MSys Technologies acquires Gophers Lab to expand AI-powered fintech solutions

The integration will focus on secure payment APIs, real-time risk assessments, fraud prevention, and automated API management.

Cybersecurity 8month
Phenom acquires AI HR tech firm Edge to expand workforce planning

Coming into its acquisition, Edge had raised $8.25 million in funding over five rounds. Investors in the company included Ventureeast Fund Advisors Pte. Ltd., Kalaari Capital Advisors Pte. Ltd., Exfinity Venture Partners LLP, Launchpad Accelerator, Caspian Impact Investment Adviser Pte. Ltd. and L.J. International Inc.

Flock Safety and Terminal Formalize Strategic Partnership to Automate and Enhance Logistics Operations Through Advanced AI Solutions

Flock Safety's cameras will be deployed by Terminal to help its customers digitize their yard operations and enable more efficiency and value across the supply chainAtlanta, GA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Flock Safety,