Friday, 14 March 2025
CoreWeave announced a deal to deliver AI infrastructure to OpenAI, expanding OpenAI's compute capacity for training and delivering its latest models at scale to its hundreds of millions of users around the world. The contract value for this strategic deal is up to $11.9 billion. As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of $350.0 million o
Shield AI, the deep-tech company building state-of-the-art autonomy software products and defense aircraft, today announced it has completed a $240 million, F-1 strategic funding round, raising the company's valuation to $5.3 billion. The financing was completed with major participation from strategic investors L3Harris (NYSE: LHX) and Hanwha Aerosp
At MWC 2025, Huawei Cloud will unveil its groundbreaking Cloud Device solutions, designed to rejuvenate carrier innovation and drive transformation in the mobile Internet era. As carriers transition from 2G to 5G, they face increasing demands for storage and computing power. Huawei's Cloud Device empower carriers to overcome these challenges by modernizing business models, diversifying serv
VerAI Discoveries (VerAI), a pioneering AI-driven mineral asset company, is pleased to announce a $24 million first closing of its Series B round. The investment was led by Insight Partners, a global software investor specializing in high-growth technology and software investments, with continued support from existing investors Blumberg Capital, Chrysalix Venture Capital, and Orion Industri
Corero Network Security the distributed denial of service (DDoS) protection specialists, announced an expanded partnership with a leading provider of data center and hybrid IT solutions. By deepening this collaboration, Corero is delivering its real-time, ultra-low-latency DDoS protection to a major artificial intelligence company in the Middle East, strengthening its presence in the AI-
SuccessKPI, a cloud-native, workforce engagement management (WEM) provider, reported over 100% revenue growth in 2024, driven by 90% year-to-year average increases on sales of its AI-powered WEM platform for contact centers since 2021. Comparatively, the global call and contact center outsourcing market size was estimated at USD $92.93 billion in 2023 and is
Gomboc AI, the industry's first deterministic AI solution for cloud security remediations, announced it has raised $13 million in seed-stage funding. A new $8 million seed investment was led by Ballistic Ventures, with continued support from Glilot Capital Partners and Hetz Ventures, which co-led Gomboc AI's initial $5 million seed investment. The funding will a
SteelSky Ventures, the world's leading women's health fund, has made a strategic investment in Posterity Health, a technology-driven platform focused on optimizing the fertility process. This investment represents a crucial step forward in taking a holistic approach to fertility care, as Posterity both improves fertility outcomes and benefits women by minimizing unnecessary invasive tre
OpenEvidence, the fastest-growing platform for doctors in history, has closed a Series A with Sequoia Capital at a $1 billion valuation. This milestone marks OpenEvidence's first institutional investment and brings the company's total capital raised to over $100 million. OpenEvidence is on a mission to organize and expand the world's collective medical knowledge, offering a groundb
Loxo, a talent intelligence platform and recruiting software company, announced its closing of a growth investment led by Tritium Partners, a private equity firm focused on partnering with talented founders with the goal of building market leading companies. This significant investment will enable Loxo to expand its market reach and further its advantage as an AI-powered recruiting pla
Iktos, a global leader in AI-driven drug discovery, has secured a prestigious €2.5 million grant from the European Innovation Council (EIC) Accelerator to advance its AI and robotics synthesis automation technology. This funding, with the potential for an additional €5 million from the EIC, will propel Iktos' mission to revolutionize drug design by fully integrating AI-dr
Henry AI, a first-of-its-kind AI analyst for the commercial real estate (CRE) sector, announced it has raised $4.3 million in seed funding. Commercial real estate is a $20 trillion industry that, to date, has relied on a series of repetitive and manual tasks to complete transactions. Henry AI is on a mission to take commercial real estate out of the stone age, automating
OpenText announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally available with Cloud Editions 25.2. OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response
NAVER D2SF has invested in the seed round of whereable.ai, an AI-powered autonomous driving startup. As Tesla and Waymo continue to lead the global autonomous driving market, whereable.ai is developing highly scalable autonomous driving technology. whereable.ai is developing an AI-powered autonomous driving solution that utilizes self-supervised learning to recognize real-time road condition
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