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Artificial intelligence in practice — what it changes, who it concentrates power for, and how it lands in the businesses and policies of the technology economy.
915 articles · Artificial Intelligence (AI)
On Tuesday, Copenhagen-based Hybird Energy, a startup developing intelligent electrical panels powered by an AI energy cloud, announced that it has secured €2.4M funding co-led by BackingMinds (Swedish early-stage venture capital firm) and Transition (UK-based Climate VC).
New York and London-based ElevenLabs, a voice AI research and deployment company, has reportedly raised $250M (nearly €239.57M) in a Series C funding round.
On Tuesday, OpenAI, in partnership with Oracle and SoftBank, announced The Stargate Project, a new company that intends to invest $500B (approximately €480B) over the next four years in building new AI infrastructure for OpenAI in the United States.
Imagine being a doctor and spending nearly a third of your workday not with patients, but documenting consultations.
Stuttgart-based Sereact, a company that aims to drive economic growth by closing automation gaps in intralogistics, has raised €25M in a Series A round of funding to accelerate the deployment of its Vision Language Action Models (VLAM) in robotics.
Prague-based Outfindo, a platform that aims to transform online shopping, has raised a €1.2M late-seed round funding to accelerate growth and expand its go-to-market channels.
On Thursday, Amsterdam-based Workwize, a platform specialised in streamlining the management of office equipment for a company’s remote worker, announced that it has secured $13M (approximately €12.6M) in a Series A funding round led by Klass Capital.
Germany-based NEURA Robotics, an AI and robotics startup, has secured €120M in a Series B funding round.
On Wednesday, London-based Synthesia, an AI video creation platform, announced that it has secured a $180M (approximately €174.5M) Series D…
Paris-based Bioptimus, a company building the first universal AI foundation model for biology, on Tuesday announced that it has secured $76M (approximately €74M) in funding.
The UK Government has recently announced its plans to ‘turbocharge’ the development of the national AI sector across the UK over the next decade.
On Monday, Delaware, US-based Open.cx, the next-generation AI customer support platform, announced that it has raised $1.52M (approximately €1.48M) in a pre-seed funding round.
