Artificial Intelligence
Nvidia has agreed to acquire AI model-hosting platform Hugging Face for $12.93 billion, its largest acquisition to date, as the chipmaker deepens its control over the AI development stack.
Aravind Kumar
Author
Adobe has acquired Indian AI marketing intelligence startup Rilo, licensing its technology and onboarding its six-member team in the company's second acquisition from India.
Conversational engagement platform Gupshup has launched a no-code Voice AI Platform that lets businesses build, deploy and monitor AI agents handling sales, support and verification calls.
UK-based Stability AI has raised $76 million in Series B funding from Warner Music Group, Coatue and Greycroft, deepening ties between generative AI developers and the media industry.
Zurich-based xorlab has raised €5 million in Series A+ funding to expand its behavioral-AI email security platform, as European enterprises seek locally processed cybersecurity alternatives.
AI start-up Turing has raised ₩7 billion in Series B funding from Korea Development Bank and other investors to broaden its GPAI study agent beyond its original STEM focus.
Logistics technology firm Shipsy has launched the beta of Shipsy Brain, an AI layer combining specialised open-source models with proprietary data spanning 50 billion operational events and 342 carrier integrations.
Sydney-founded cybersecurity startup Apate.AI has raised A$11.4 million in seed funding to scale its adversarial-AI platform designed to detect and disrupt AI-powered fraud and scam operations before they reach victims.
Brazilian cybersecurity company Vultus has raised R$8 million to accelerate development of its AI-driven security platform Ares, marking a strategic shift from consulting-led revenue toward recurring software income.