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12 Mar 2025

Norm AI Secures $48 Million for AI-Powered Regulatory Compliance Solutions

Norm AI, a regulatory artificial intelligence company, has raised $48 million in funding to accelerate the development of AI-powered legal and compliance automation solutions. The company's innovative approach integrates compliance checks into various business activities using AI agents.

4 Sources

Sola Emerges from Stealth with $30M to Revolutionize Cybersecurity Using AI and No-Code Tools

Sola, an Israeli startup, launches with $30 million in funding to provide a no-code, AI-powered cybersecurity platform. The company aims to simplify security management and democratize access to custom security solutions.

3 Sources

WNS Acquires Kipi.ai to Boost AI and Data Analytics Capabilities

WNS Holdings Limited has acquired Kipi.ai, a US-based data modernization firm, to enhance its AI and data analytics offerings. The acquisition brings significant expertise and resources to WNS, positioning it for growth in AI-driven business transformation services.

4 Sources

Meta Tests In-House AI Training Chip, Challenging Nvidia's Dominance

Meta has begun testing its first in-house chip for AI training, aiming to reduce reliance on Nvidia and cut infrastructure costs. The move marks a significant step in Meta's custom silicon development efforts.

15 Sources

Databricks Unveils New Tools for Scalable and Governed AI Agents in Enterprise Applications

Databricks introduces a suite of tools to help enterprises scale AI agents from pilot projects to full production, addressing challenges in governance, monitoring, and integration for high-value use cases.

2 Sources

Valens, RGo Robotics, and CHERRY Partner to Enhance AI-Driven Robotic Systems

Valens Semiconductor, RGo Robotics, and CHERRY Embedded Solutions have formed a strategic alliance to improve AI-driven robotic systems by combining their respective technologies, promising greater design flexibility and cost efficiency.

2 Sources

DeepSeek Sparks AI Revolution in Chinese Fund Management Industry

Chinese hedge funds and retail investors are rapidly adopting DeepSeek and other AI tools, transforming the country's $10 trillion fund management industry and challenging traditional investment strategies.

6 Sources

DeepSeek's AI Breakthrough Energizes China's National People's Congress

China's annual National People's Congress gains newfound energy from DeepSeek's AI breakthrough, marking a shift from previous years' muted atmosphere. The event also follows President Xi Jinping's meeting with business leaders, including Jack Ma.

2 Sources

Europe's $20 Billion AI Gigafactory Plan: A Risky Bet on Catching Up in the AI Race

The European Commission unveils a $20 billion plan to build four AI gigafactories, aiming to compete with the U.S. and China in artificial intelligence. However, experts question the feasibility and long-term viability of this ambitious project.

5 Sources

E2E Cloud Launches Sovereign Cloud Platform with AI Capabilities for Enterprises and Governments

E2E Cloud introduces an AI-powered Sovereign Cloud Platform, offering complete control over digital infrastructure and addressing data sovereignty concerns for enterprises and governments.

2 Sources

11 Mar 2025

Motive Technologies to Double India Workforce, Joining AI Unicorns' Expansion in Bangalore

Motive Technologies Inc., a fleet management AI startup, plans to hire over 300 employees in Bangalore, India, doubling its local workforce. This move follows a trend of AI unicorns expanding operations in India to tap into the country's deep AI talent pool.

4 Sources

Asana Shares Plummet Amid Weak Outlook and CEO Dustin Moskovitz's Retirement Announcement

Asana's stock drops over 25% following a weak revenue outlook and the surprise retirement announcement of CEO Dustin Moskovitz. The company's AI initiatives show promise, but challenges in customer retention persist.

2 Sources

AI21 Unveils Maestro: A Breakthrough AI Planning and Orchestration System for Enterprise-Scale Deployment

AI21 Labs introduces Maestro, an innovative AI planning and orchestration system designed to enhance the accuracy and reliability of large language models for enterprise use, promising up to 50% improvement in output quality.

2 Sources

Lila Sciences Raises $200M to Revolutionize Scientific Discovery with AI

Lila Sciences, an AI-powered scientific discovery startup, has emerged from stealth with $200 million in seed funding to develop "scientific superintelligence" that can autonomously conduct research across various disciplines.

2 Sources

Oracle's Q3 Earnings: AI Drives Growth Despite Missing Wall Street Expectations

Oracle's Q3 earnings show strong growth in cloud and AI sectors, but fall short of analyst estimates. The company remains optimistic about future AI-driven expansion and infrastructure projects.

11 Sources

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