Microsoft has announced its intention to spend PLN 2.8 billion by June 2026 to expand its hyperscale cloud and artificial intelligence (AI) infrastructure in Poland. The company will also collaborate with Polish National Defense to establish a framework to strengthen national cybersecurity, as announced on February 17. Also Read: Microsoft … Read More
Glassbox, a Toronto-based fintech startup, has secured USD 1.2 million in pre-seed funding to modernize financial modeling through AI-powered workflows. The funding round was led by FinTech Collective (New York) and StandUp Ventures (Toronto), with participation from Watertower Ventures (Los Angeles). The fresh capital will help expand Glassbox’s team and … Read More
FutureProof Technologies, a venture-backed insurtech startup, has announced the launch of FutureProof Insurance Agency, a wholly-owned subsidiary designed to enhance insurance distribution through AI-driven risk selection. Also Read: CCC Intelligent Solutions to Acquire EvolutionIQ, Expanding AI Capabilities in Insurance Claims Leveraging AI for Smarter Risk Selection The agency sells policies … Read More
Shift Bioscience, a biotech company leveraging AI-powered virtual cells to combat age-related diseases, announced on Tuesday, February 18, the establishment of a new North American team and facilities. This expansion aims to advance the development of the Company’s platform for discovering rejuvenation gene targets by tapping into Toronto’s AI ecosystem. … Read More
AI search company Perplexity has launched Deep Research, a new feature designed to automate expert-level research and analysis. The tool rapidly conducts in-depth research by performing dozens of searches, reading hundreds of sources, and synthesizing findings into comprehensive reports—all within minutes. “When you ask a Deep Research question, Perplexity performs … Read More
Jio has announced the launch of JioTele OS, a smart TV operating system designed to cater to the “unique needs of Indian consumers.” According to the company, televisions powered by JioTele OS, which it calls “India’s own Smart operating system,” will be available starting February 21, 2025, in partnership with … Read More
Spectrum availability, particularly in the 6 GHz band, along with the integration of artificial intelligence (AI), will enable Wi-Fi broadband providers to enhance customer experience and reduce subscriber churn, according to senior executives at the Indian broadband service provider (ISP) Atria Convergence Technologies (ACT) Fibernet, as reported by ET. Also Read: … Read More
AI-driven cybersecurity company Dream has secured USD 100 million in Series B funding, bringing its valuation to USD 1.1 billion. The round was led by Bain Capital Ventures, with participation from Group 11, Tru Arrow, Tau Capital, and Aleph. “With this funding, Dream will further enhance its product capabilities and … Read More
Saudi Arabia’s stc Group has partnered with AI solutions company SambaNova to introduce an inferencing-as-a-Service cloud platform to provide Saudi enterprises with sovereign AI capabilities. Through its AI arm, stc.AI, stc Group launched a Large Language Model (LLM) sovereign cloud platform, which will run what the company calls the world’s … Read More
Accenture is collaborating with Google Cloud to accelerate the adoption of cloud solutions and generative AI (GenAI) capabilities within the Kingdom of Saudi Arabia in order to address local data, operational and software sovereignty needs. “This initiative aims to help organizations create new business opportunities and improve customer experiences by … Read More
Adobe has expanded its generative AI portfolio with the launch of the first public beta version of Firefly Video Model, an AI tool designed for video creation within the new Firefly application. This addition enhances Firefly’s multi-modal capabilities, integrating video, image, and vector generation within a single platform to streamline … Read More
Food and grocery delivery company Zomato has launched an artificial intelligence (AI)-powered, no-code customer support platform for businesses worldwide, the company’s co-founder and Group CEO, Deepinder Goyal, said on February 17. The AI platform, called Nugget, is the first product from Zomato Labs, the company’s incubator for in-house innovations. Zomato … Read More
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