University-founded AI tender startup BidScript exceeds $1M in total pre-seed funding

BidScript, anAI-native tender management platform that helps businesses find, manage andsubmit bids for public and private sector contracts, has raised $800,000 in itslatest funding round, taking its …

Together AI raises 800 million dollars in Series C as open-source cloud demand surges
Together AI raises 800 million dollars in Series C as open-source cloud demand surges

Together AI has raised 800 million dollars in a Series C round led by Aramco Ventures, valuing the company at more than eight billion dollars. The round also drew Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatr…

SpaceX reportedly showed investors an AI device prototype, Musk says the report is false
SpaceX reportedly showed investors an AI device prototype, Musk says the report is false

SpaceX showed investors a prototype of a handset-like AI device before its record IPO, according to The Wall Street Journal. The prototype is reportedly slimmer than an iPhone, runs on a proprietary operating system, integrates technology from xAI, and…

Ashton Kutcher is leaving Sound Ventures to start a new VC firm with Morgan Beller
Ashton Kutcher is leaving Sound Ventures to start a new VC firm with Morgan Beller

Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago, to start a new venture capital firm with Morgan Beller, according to TechCrunch. The new firm will target early-stage investments in AI infrastructure, energ…

AI’s hopes and fears take over the world’s big central-bank gathering
AI’s hopes and fears take over the world’s big central-bank gathering

Every summer the world’s most powerful central bankers decamp to a hillside town outside Lisbon to argue about the economy in relative calm. This year the argument had a single organising subject, and it was not inflation in the usual sense. It was art…

Portugal open-sources Amália, its first national AI model, in a bet on European Portuguese
Portugal open-sources Amália, its first national AI model, in a bet on European Portuguese

A country of just over 10 million people now has a large language model that speaks its own version of the language. Portugal has released Amália, its first national AI model built specifically for European Portuguese, and it has done so in about the m…

As AI Reshapes Global Energy Systems, Melbourne Leads Through Engineering Collaboration
As AI Reshapes Global Energy Systems, Melbourne Leads Through Engineering Collaboration

This article is brought to you by Melbourne Convention Bureau (MCB) supported by Business Events Australia.As artificial intelligence accelerates global demand for compute, a parallel constraint is emerging with equal urgency: energy.From hyperscale d…

Palantir’s ‘AI sovereignty’ manifesto is a war on how AI makes money
Palantir’s ‘AI sovereignty’ manifesto is a war on how AI makes money

Palantir has a new enemy, and it is the way most of the AI industry makes money. Its nine-point manifesto tells institutions to hoard their data, own their model weights, and stop “tokenmaxxing.” It is a pitch dressed as a principle. On Tuesday, Palant…

UiPath shares rebound as Wall Street warms to its AI-agent pivot
UiPath shares rebound as Wall Street warms to its AI-agent pivot

UiPath spent much of the year as one of software’s biggest disappointments. Now the Romanian-founded automation firm is clawing back. Its first profit and an all-in bet on AI agents are the reason. Shares in UiPath have rebounded in recent weeks. They …

Meta’s AI reads typed sentences from the brain, no surgery required
Meta’s AI reads typed sentences from the brain, no surgery required

Meta says it can turn brain activity into typed sentences without opening your skull. The leap is real. So is the catch: the system learns from typing, the one thing its intended users cannot do. On Monday, Meta unveiled the second version of Brain2Qwe…