E-commerce giant Amazon and AI safety and research firm Anthropic have intensified their strategic collaboration to advance safer generative AI technology.
Dubai-based Web3 company, Cultos Global, has recently acquired substantial investment in its latest funding round. The specific amount remains undisclosed. This venture specializes in altering the dynamics of brand-customer relationships by launching a sophisticated, integrated platform that intertwines digital marketing and customer rewards, converting conventional consumers into active nano-influencers.
Amazon has rolled out a series of updates to its Fire TV offerings. The new features include an improved conversational voice search powered by generative AI and Fire TV Ambient Experience advancements. Among the latest hardware releases are the Fire TV Stick 4K Max and the Fire TV Stick 4K, incorporating the enhanced Fire TV Ambient Experience.
Perfios, headquartered in Bengaluru and operating in the B2B software-as-a-service (SaaS) FinTech sector, has secured US$229 million from Kedaara Capital during its Series D funding round. This investment stands out as one of the most substantial inflows for an Indian B2B SaaS firm in the current year.
Amazon is directing US$15 million towards nature-based initiatives in the Asia-Pacific (APAC) region from its US$100 million Right Now Climate Fund. Established in 2019, the fund aims to bolster climate resilience and biodiversity and positively impact communities where Amazon has a footprint.
DynamoFL, Inc., an enterprise AI platform specializing in privacy-centric generative AI solutions, has successfully concluded a Series A funding round, securing US$15.1 million. This boost comes amid increasing demand for AI technologies that seamlessly integrate both privacy and compliance.
Treefera, a UK-based artificial intelligence (AI)-powered data platform focusing on forest data and conservation, has raised US$2.2 million in a pre-Seed funding round.
Bengaluru-based space tech startup SatSure, known for its expertise in Earth observation data and analytics solutions, has recently secured US$15 million in equity capital and venture debt in a Series A funding round.
Genesis Therapeutics, an artificial intelligence (AI)-focused company in the pharmaceutical sector based in Burlingame, California, has raised US$200 million in a successful Series B funding round.
XPENG Inc., a leading Chinese smart electric vehicle company, announced a new partnership with ride-hailing giant DiDi Global Inc. to accelerate the adoption of smart electrical vehicles (EVs) and technologies.
Ramp, a finance automation platform headquartered in New York, has secured US$300 million in a Series D funding round. This achievement underscores its robust revenue growth and expanded market share, particularly among small to mid-sized businesses, and its recent foray into the enterprise segment.
Contemporary Amperex Technology Ltd (CATL), a Chinese lithium-ion battery manufacturer, has unveiled its latest innovation, Shenxing, a 4C lithium iron phosphate (LFP) battery capable of rapid charging. The term “4C” denotes the battery’s ability to be fully charged in just 15 minutes.
Opera’s AI-powered browser assistant, Aria, is now integrated into the Opera browser for iOS, completing its availability across major platforms. This development results from Opera’s partnership with OpenAI and provides users with an advanced AI service at no cost, complemented by Opera’s Composer framework that offers real-time web results. This integration proposes a fresh perspective on the evolution of web browsing.
Virtualitics, a California-based artificial intelligence (AI) and data exploration company, recently secured US$37 million through a Series C financing round. The round was spearheaded by Smith Point Capital, LLC, with additional contributions from Citi and advisory clients of The Hillman Company and other investors.
Gucci is set to debut its digital flagship store on the Chinese e-commerce platform JD.com, also known as Jingdong. This collaboration signifies the first instance of the iconic Italian luxury brand offering its vast collection, spanning a history of 102 years, to JD.com’s audience.
Firefly Aerospace, Inc., a U.S.-based end-to-end space transportation company, has unveiled its latest series of orbital vehicles, Elytra. Taking inspiration from the wings of a firefly, Elytra provides capabilities for on-orbit movement, hosting, delivery and servicing across cislunar space (i.e. the space region from Earth up to the Moon) and further.