AI App Helps Blind Egyptian Teenagers Experience the World Anew
Sixteen-year-old Cairo schoolgirl Karen Morad, who lost her sight five years ago, experienced a safari in Kenya as if she could see again after using ScribeMe, an AI-assisted app developed by her blind brother,...
Databricks Raises $5 Billion at $190 Billion Valuation
Databricks has closed a $5 billion strategic funding round at a valuation of $190 billion, as the data and artificial intelligence software company ramps up investment in products designed for AI agents. The round...
Lovable Raises $400 Million at $13.3 Billion Valuation
Swedish vibe-coding startup Lovable has raised $400 million in a Series C funding round, valuing the company at $13.3 billion and doubling its valuation from December. The round was co-led by Menlo Ventures and...
Trump Faces Bipartisan Criticism Over AI Security Response Following Major Cyber Breaches
U.S. President Donald Trump is facing criticism from both Democrats and conservative allies over his administration’s response to recent cybersecurity incidents involving artificial intelligence systems developed by OpenAI and Anthropic. The debate intensified after...
Warren Opposes AI Secrecy Push in USMCA Trade Talks
Democratic Senator Elizabeth Warren has urged the Trump administration to reject efforts by major artificial intelligence companies to weaken transparency requirements in the U.S.-Mexico-Canada Agreement (USMCA). In a letter to U.S. Trade Representative Jamieson...
U.S. Launches $5 Billion AI Initiative to Accelerate Scientific Research
The Trump administration has announced a $5 billion initiative to tackle long-standing scientific challenges using artificial intelligence across multiple fields. The program will involve 15 federal agencies, including the Departments of Health and Human...
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement
A U.S. federal judge in San Francisco has granted final approval to Anthropic’s landmark $1.5 billion settlement in a class-action copyright lawsuit brought by a group of authors who accused the artificial intelligence company...
CuspAI Raises $450 Million to Accelerate AI-Driven Materials Discovery
British artificial intelligence startup CuspAI has raised $450 million in a Series B funding round led by Kleiner Perkins and NEA, reaching a valuation of $2.6 billion. The round attracted major investors including the...
Csquare Raises $1.05 Billion in U.S. IPO Amid Strong AI Infrastructure Demand
Data center provider Csquare raised $1.05 billion in its U.S. initial public offering (IPO), highlighting continued investor confidence in companies poised to benefit from the artificial intelligence boom. The Dallas-based firm sold 50 million...
Flex Raises $70 Million, Hits $1.2 Billion Valuation
AI-powered fintech startup Flex has raised $70 million in a funding round led by Halo Fund, the venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney. According to a...