Anthropic is reportedly finalizing a major funding round that could value the AI startup at $170 billion. Backed by Iconiq, Amazon, QIA, and GIC, the company continues to surge as a global leader in safe and scalable artificial intelligence.
Space42 Secures $695.5 Million to Develop Advanced Al Yah 4 and Al Yah 5 Satellites
UAE-based SpaceTech firm Space42 secures $695.5 million in ECA-backed funding to launch Al Yah 4 and Al Yah 5 satellites, reinforcing secure connectivity across multiple continents.
McGraw Hill Raises $414 Million in NYSE Debut, Strengthens Push Toward Digital Learning
McGraw Hill raised $414 million in its NYSE debut, signaling a firm commitment to digital transformation in education. Backed by Platinum Equity, the company priced its IPO below the expected range, but remains focused on scaling its AI-powered learning platforms, which now account for most of its revenue.
Gupshup Secures $60 Million to Accelerate Conversational AI Expansion in Emerging Markets
Gupshup, a leader in conversational AI technology, has raised over $60 million to deepen its presence in rapidly growing digital markets including India, MENA, Latin America, and Africa.
Nevoya Secures $9.3M in Seed Funding as Its Electric Truck Fleet Reaches Cost Parity with Diesel in California
Nevoya raised $9.3 million in seed funding, led by Lowercarbon Capital, to accelerate its all-electric truck fleet’s expansion. In California, its EV fleet now achieves cost parity with similarly sized diesel trucks. The company uses AI-driven route, load, and charging optimization and plans to expand into Texas next.
Backed by $50M, RealSense Targets AI Vision Market After Leaving Intel
Inizzy, San Fransisco, – After more than a decade under the wing of semiconductor giant Intel, RealSense has officially spun… Read more »
