Moonlit.ai Spins Off from Deloitte with New Investment
Moonlit.ai spins off from Deloitte, gains investment from Curiosity VC. Funds to enhance AI capabilities and expand European reach. Company…
Mike Lynch and Five Others Missing After Yacht Sinks
Mike Lynch’s yacht sank in a storm off Sicily's coast. Six people, including Lynch, are still missing. Lynch was recently…
Wingtra Secures New Funding for Drone Solutions
Wingtra completed its Series B1 funding round with undisclosed amounts. High-precision VTOL drones by Wingtra serve multiple industries efficiently. Investors…
Fortune 500 Firms Highlight Rising A.I. Risks
Over half of Fortune 500 companies cite A.I. as a risk. A.I. risks in SEC filings increased by 473.5 percent…
AMD Acquires ZT Systems for $5 Billion
AMD acquires ZT Systems for $5 billion. Acquisition enhances AMD's A.I. deployment capabilities. ZT Systems' expertise strengthens AMD's market position.
Uman Secures €1.9M for International Expansion
Uman raises €1.9M for international growth. Funds target product development and market expansion. AI platform aims to transform B2B sales…
GM Cuts Staff in Software and Services Division
GM announced layoffs in the software and services division. The cuts impact over 1,000 employees globally. GM aims to streamline…
ACV Auctions Acquires Dublin’s Drive
ACV Auctions acquires Dublin-based Drive. Drive includes TradeBid and Nevo platforms. Partnership aims for innovation in automotive technology.
Root Raises €8M to Enhance Climate OS for Food Industry
Root secures €8M to advance its climate OS platform. Funding led by Christoph Janz at Point Nine, with several investors.…
Picnic Reports First Profit in the Netherlands
Picnic achieves first profit in the Netherlands. Automation in distribution centres boosts efficiency. Overall group still operates at a loss…
