Bengaluru-based fabless semiconductor startup HrdWyr has successfully secured $13 million in Series A funding to accelerate the development of its AI-native chip technology. The funding round was announced on May 12 and was led by Bengaluru-based ven<!--autointro-->
Japanese investment giant SoftBank has injected more than 450millionintoGraphcore,theBritishAIchipcompanyitacquiredin2024,asitdoublesdownonAIinfrastructureandhardware.AccordingtoaUKCompaniesHousefiling,Graphcoreissuedasinglesharevaluedat450milli<!--autointro-->
🚀 Fractal Analytics Reports 30% Surge in Annual Profit Amid Strong AI DemandIndia-based enterprise AI company Fractal Analytics has announced robust financial results for the fiscal year 2026 (FY26), driven by surging demand for its AI services and s<!--autointro-->
NTT Data has officially partnered with HTX, the Home Team Science and Technology Agency under Singapore’s Ministry of Home Affairs, to bolster the nation's cybersecurity defenses. The collaboration was formalized through a Memorandum of Understan<!--autointro-->
In 2025, Aditya Sonkar and Prakash Kushwaha watched major software companies struggle to monetize the new wave of AI agents. Large firms cycled through multiple pricing models in an attempt to charge for digital labor. Seeing a critical infrastructur<!--autointro-->
Bengaluru-based AI startup SwishX has officially announced the launch of its innovative agentic AI platform on May 12, 2026. Coinciding with this product launch, the company has successfully raised $2.2 million in seed funding. The investment round w<!--autointro-->
🚀 Anthropic Launches Open-Source Claude Reference Agents for Financial ServicesAnthropic has officially released a specialized suite of open-source tools on GitHub designed specifically for the financial services industry. This project introduces ref<!--autointro-->
🚀 PlayCanvas Unveils SuperSplat: A Professional Open-Source 3D Gaussian Splat EditorSuperSplat, a specialized open-source editor for 3D Gaussian Splatting, has been officially released by the renowned Web 3D engine team, PlayCanvas. Designe<!--autointro-->
HKUDS Launches AI-Trader: A 100% Fully Automated Agent-Native Trading SystemThe Data Science Laboratory at the University of Hong Kong (HKUDS) has officially released AI-Trader on GitHub. This groundbreaking open-source project is designed <!--autointro-->
A Watershed Moment for AI Business Models: The Rise of the "Deployment Consultancy"May 2026 marks a pivotal turning point in the artificial intelligence industry. On a single day, the world's two most prominent AI model companies—OpenAI<!--autointro-->
GM Restructures IT Workforce: Lays Off Hundreds to Pivot Toward AI ExpertiseGeneral Motors (GM) has confirmed the layoff of approximately 600 salaried employees, representing over 10% of its IT department. This strategic move marks a deliberate "<!--autointro-->
🚀 CloakBrowser: The Stealth Chromium Alternative to PlaywrightCloakBrowser, an open-source stealth version of Chromium developed by CloakHQ, has recently taken GitHub Trending by storm. Designed to bypass all major bot detection systems, this tool of<!--autointro-->
OpenAI Launches $4 Billion Deployment Unit to Accelerate Enterprise AI AdoptionSan Francisco, May 11, 2026 — OpenAI has officially announced the launch of the OpenAI Deployment Company, a new majority-owned subsidiary backed by over $4<!--autointro-->
Microsoft Research Unveils SocialReasoning-Bench: A New Standard for Evaluating AI Agents' Alignment with User InterestsMicrosoft Research has officially launched SocialReasoning-Bench, a groundbreaking evaluation benchmark designed to addre<!--autointro-->
PayPal's new CEO is spearheading a major corporate restructuring, which includes spinning off its popular mobile payment app, Venmo, into an independent business unit. This strategic move is designed to improve performance tracking and paves the <!--autointro-->
Jensen Huang 2026 GTC Keynote: Token Economics & The Dawn of the AI Industrial AgeThe Official Start of the AI Industrial Era$1 Trillion Market Forecast: Jensen Huang predicts the global AI infrastructure market will surpass $1 trillion by 2<!--autointro-->
Prediction market platform Kalshi has announced the completion of a $1 billion Series F funding round, bringing the company's valuation to $22 billion. The investment round was led by Coatue, with participation from prominent firms including Sequ<!--autointro-->
Fazeshift, an innovative startup leveraging AI agents to automate accounts receivable (AR) processes, has recently announced the completion of a $17 million Series A funding round. The investment was led by F-Prime Capital, with participation from Go<!--autointro-->
