SAMEDAY Acquires Pactic Group to Expand Services
SAMEDAY acquires Hungarian company Pactic Group. The acquisition enhances cross-border delivery services. Strategic move aims to expand SAMEDAY's European market…
Morpho Secures $50M for Decentralisation Plans
Morpho raised $50 million for decentralization efforts. Investment includes Ribbit Capital and over 40 other firms. Funds will support ecosystem…
DELIVERS.AI Reaches $36M Valuation with New Funding
DELIVERS.AI secures $36M valuation with new funding round. AI-powered robots aim to revolutionize last-mile logistics. High-profile partnerships showcase practical viability…
Synthetic Data May Support AI Training Models
Generative AI models face a shortage of quality real-world data. Synthetic data could fill gaps but carries technical and legal…
Planeteers Secures Seed Funding for Carbon Capture Technology
Planeteers secures single-digit million seed funding for CCS technology. The funds will advance marine carbon dioxide removal via ocean alkalinity.…
Intel Plans to Cut over 15,000 Jobs
Intel will cut over 15,000 jobs to boost profits. Job cuts follow a $1.6 billion loss in the April-June period.…
European AI Act Enters into Force
European AI Act officially comes into force. It introduces a risk-based framework for AI regulation. Stakeholders are invited to contribute…
Meta Reports Strong Q2 Earnings Amid A.I. Investments
Meta's core advertising revenue grows 22%, beating expectations. Heavy A.I. investments projected to take years to profit. Ray-Ban Smart Glasses…
Axle Energy Secures $9M in Seed Funding
Axle Energy raises $9M in Seed funding led by Accel. Company aims to reduce carbon emissions in the power grid.…
Wallbox Raises $45M in Latest Funding Round
Wallbox secures $45 million in funding for global expansion. Generac Power Systems invests $35 million in strategic partnership. Focus on…
