News
Insurance platform Corgi valued at $2. 6 billion in latest funding round
2+ day, 7+ hour ago (150+ words) U. S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration May 28: AI insurance platform Corgi said on Thursday it raised $106 million in a funding round led by investment firm TCV that valued it at $2. 6 billion. The funding…...
AI to turbocharge patent creation at India tech hubs, executives say
3+ day, 23+ hour ago (467+ words) BENGALURU, May 27: Global companies expect AI to accelerate the creation of new products and intellectual property at their Indian technology hubs, underlining the country's growing role as an innovation base even as the futuristic technology reshapes work. Executives from Publicis…...
Healthcare AI firm Commure valued at $7 billion, raises $70 million
1+ week, 4+ day ago (167+ words) May 19: Commure, an AI platform for healthcare, said on Tuesday it secured a $7 billion post-money valuation, raising $70 million in a financing round led by General Catalyst. The California-based company, whose agentic AI automates administrative work across healthcare systems, also drew…...
Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
2+ week, 2+ day ago (335+ words) SAN FRANCISCO, May 14: Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods and areas including health and education, they said on Thursday. Support from Anthropic's technical staff and usage credits for its Claude AI will…...
Gerald Giam proposes S$500 payout per citizen under national "AI equity fund
3+ week, 3+ day ago (67+ words) CNA Gerald Giam proposes S$500 payout per citizen under national "AI equity fund" We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. To…...
Open AI projects $50 billion spending on computing power this year, Brockman says
3+ week, 4+ day ago (150+ words) Open AI President Greg Brockman is questioned by Open AI attorney Sarah Eddy, during Musk's lawsuit trial over Open AI's for-profit conversion at a federal courthouse in Oakland, California, U. S. , May 5, 2026 in a courtroom sketch. REUTERS/Vicki Behringer. NO RESALES. NO…...
Southeast Asia private equity: Regional investors brace for prolonged exit and fundraising pressures
3+ week, 5+ day ago (61+ words) CNA A newly released Bain & Co report reviewing Southeast Asia private equity shows the market was already slowing last year, with fewer deals and weaker exits. Now, the conflict in Iran disrupting oil flows is proving to be another headache…...
AI customer service startup Netomi raises $110 million
1+ mon, 15+ hour ago (341+ words) NEW YORK, April 30: Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup's chief executive told Reuters this week. Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer service…...
Robinhood's venture fund bets on Open AI as retail rush for AI heats up
1+ mon, 1+ week ago (316+ words) April 22: Robinhood's venture fund said on Wednesday it has invested $75 million in Open AI, allowing retail investors exposure to one of the world's hottest privately held AI companies. Robinhood Ventures Fund I, which went public in March, aims to open…...
Black Rock funds provide about $57 million to IQM Quantum Computers ahead of US IPO
2+ mon, 20+ hour ago (340+ words) A handout picture shows IQM Radiance that are on-premise quantum computers tailored for high-performance computing (HPC) centres for HPC integration and research, at IQM Showroom, in Espoo, Finland, in this picture taken on 11 February, 2026. IQM Quantum Computer/Peter Franco/Handout…...