California company uses AI to offer insurance where major carriers won’t
Delos Insurance uses AI to assess risk and offer homeowners insurance policies in wildfire-distressed parts of California. SAN FRANCISCO —…
Companies Bet Customer Service AI Pays
Klarna’s $15 billion IPO was more than a financial milestone. It spotlighted how the Swedish buy-now-pay-later (BNPL) firm is grappling…
Perplexity Valuation Hits $20 Billion Following New Funding Round
Artificial intelligence (AI) search startup Perplexity AI has reportedly secured $200 million in new funding. The new funding values the…
Nebius Raises $3.7 Billion in Wake of Microsoft AI Deal
Dutch cloud computing company Nebius has raised $3.75 million via sales of stock and convertible notes. These sales are designed…
FTC Probes AI Chatbots’ Impact on Child Safety
The Federal Trade Commission (FTC) is investigating the effect of artificial intelligence (AI) chatbots on children and teens. The commission…
Global AI Leaders Converge in Cairo to Set Momentum Towards Ai Everything MEA Egypt 2026
Exclusive launch event at Sultan Hussein Kamel Palace, Cairo, highlights Egypt’s AI ambitions and global collaborations ahead of Ai Everything…
Teton.ai raises $20M for U.S. launch
Copenhagen-based Teton.ai, a predictive care company that offers an AI companion to help nurses monitor patients and improve workflows, has…
China claims brain-like AI breakthrough ‘100 times faster than traditional models’
Chinese scientists claimed to have developed the world’s first “brain-like” artificial intelligence large language model similar to ChatGPT, designed to…
AI emerges as “double-edged sword” in Singapore’s cyber landscape
Cyber threats in Singapore surged across multiple fronts in 2024, reflecting global trends of more sophisticated and damaging attacks, according…
CJ and firmly Team to Provide Embedded Checkout for Publishers
Agentic commerce company firmly.ai has launched a partnership with affiliate marketing provider CJ. The collaboration will offer CJ’s network of…
Microsoft Will Use Anthropic Models in Office 365 Copilot
Microsoft plans to buy access to Anthropic’s artificial intelligence (AI) models for parts of Office 365 Copilot, partly reducing its…
Google Cloud CEO Says Tech Giant Has ‘Made Billions’ on AI
Google Cloud’s chief executive has reportedly outlined how the company is generating revenue through AI services. “We’ve made billions using…
Mastercard Introduces Tools to Facilitate AI-Powered Payments and Agentic Transactions
Mastercard has introduced new tools to help developers and businesses get ready for artificial intelligence-powered payments and agentic transactions ahead…
Caribbean leaders tap AI for parametric insurance
In a region increasingly battered by climate shocks, Caribbean leaders are turning to artificial intelligence to improve insurance coverage for…
OpenAI Says AI Hallucinations Are Systemic, Not a Bug
Large language models don’t just make mistakes. They sometimes invent answers with striking confidence. A new paper from OpenAI researchers…
Travel Platforms Embrace AI to Avoid Being Replaced by AI
Online booking giants are reportedly taking steps to counter the encroachment of AI agents. As the Financial Times (FT) reported…
Walmart to Offer Employees Customized AI Training Through OpenAI Certification
Walmart will offer its employees free access to the OpenAI Certification program when it launches in 2026. The retailer will…
Motion Raises $60 Million for AI Agents Designed for Small Businesses
Motion raised $60 million in recent funding rounds to continue developing its agentic work suite that provides artificial intelligence (AI)…
Nvidia-backed Reflection AI eyes $5.5 billion valuation as AI runs hot, FT reports
Nvidia-backed Reflection AI is raising around $1 billion in a financing that will value the startup at up to $5.5…
Apple unveils iPhone 17 Air amid AI race and tariff pressures
Apple unveiled its iPhone 17 lineup on Tuesday, featuring its thinnest smartphone ever, as the tech giant works to prove…