Key Takeaways: Stability AI has secured $76 million in Series B financing from an investor group that brings together music rights holders, gaming interests and technology capital. Universal Music Group, Warner Music Group, Sony Music Group and Electronic Arts joined the round alongside AMD Ventures and Pacific Al
Key Takeaways: Alibaba Group Holding founder Jack Ma, chairman Joe Tsai and CEO Eddie Wu Yongming have made substantial personal investments in Alibaba shares just as the group prepares to direct more capital toward artificial intelligence. Ma bought more than HK$600 million worth of Alibaba’s Hong Kong-listed sha
Key Takeaways: Pulse-Fi, a contactless heart-rate-monitoring system developed at the University of California, Santa Cruz, uses ordinary Wi-Fi signals and an AI model to detect the minute physical changes associated with a heartbeat. The approach could give healthcare providers, senior-living operators and wellnes
Key Takeaways: The expansion also reflects AWS's strategy to meet surging enterprise demand through a distributed partner channel rather than direct-only engagement. By certifying and enabling a broader cohort of re...
Key Takeaways: A federal filing disclosed Generalist AI’s roughly $200 million late-stage financing, according to Axios. The round was led by 8VC and included existing investors Nvidia, Bezos Expeditions, Radical Ventures, USV, Hanabi, Spark Capital, and Fei-Fei Li. Generalist AI did not respond to Axios’ request
Key Takeaways: WildBrain has acquired Personality AI through a cash-and-stock transaction that could ultimately be worth $69 million, giving the Canadian children’s media business an in-house route into conversational character experiences. The strategy is to combine Personality AI’s generative AI technology with
Key Takeaways: SysGroup plc has secured two three-year cyber resilience contracts with a combined value of more than £1 million, giving its recently established Rubrik partnership an early commercial test. The customers are a UK housing association and an English further education provider, both operating in publi
Key Takeaways: nVent Electric is making a sizable expansion into data center electrical infrastructure at a moment when AI workloads are reshaping power requirements. The company said Monday that it plans to acquire Maverick Power, a data center equipment maker, for $1.75 billion. The transaction adds a dedicated
Key Takeaways: A retail recovery platform coordinates the people, systems, suppliers, tasks, and tests needed to restore sales, fulfillment, and returns after an outage, providing a critical continuity-planning and ...
Key Takeaways: A credit exposure report is due at 8 a.m., but several source files arrive through Secure File Transfer Protocol (SFTP) after midnight. One contains outdated counterparty identifiers. Another uses a d...