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Industry

Isomorphic Labs Nears $2 Billion Funding Round to Accelerate AI-Powered Drug Discovery

London, UK&nbsp;– Isomorphic Labs, the pioneering AI-driven drug discovery company spun out of Google DeepMind in 2021, is in advanced negotiations to secure over $2 billion in a new funding round. The investment is being led by Thrive Capital, with <!--autointro-->

Isomorphic LabsAI drug discoveryThrive Capital
Industry

Jim Cramer: AI Boom to Sustain Economy Despite Market Pullback

📈 Jim Cramer: AI Boom Remains the Engine of the U.S. Economy Despite Market PullbackCNBC’s Jim Cramer&nbsp;remains bullish on the stock market, asserting that the&nbsp;Artificial Intelligence (AI) boom&nbsp;is powerful enough to sustain the U.S. econ<!--autointro-->

Jim CramerArtificial IntelligenceNvidia
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Pit Raises Funding to Scale AI Agents for Enterprise, With Backing From a16z

As Pit prepares to scale commercially, the startup is taking a hands-on approach to enterprise adoption. Following the model of AI companies deploying forward-deployed engineers, Pit is hiring solution engineers to embed with clients, according to CE<!--autointro-->

enterprise AI agentsPit AIa16z investment
Industry Editor selected

Why Volcano Engine&#039;s MaaS Market Share Keeps Growing Despite Fiercer Competition

China&#39;s Model-as-a-Service (MaaS) market is expanding rapidly, evolving from a small, narrow segment into a high-potential business growth area. According to the latest data from market research firm IDC, enterprise-level MaaS large model call vo<!--autointro-->

Agent infrastructureVolcano EngineMaaS market share
Industry

RLWRLD Unveils RLDX-1: A New Open-Source Foundation Model for Robotic Hands

RLWRLD, a prominent robotics AI startup, has officially announced the release of RLDX-1, a cutting-edge foundation model specifically engineered for five-finger robotic hands in industrial settings. This launch marks a significant step forward in the<!--autointro-->

Open SourcePhysical AIGitHub
Industry

South Korea Unveils $8.3 Million Fund to Combat AI-Driven Cyber Threats

In a strategic move to bolster national cybersecurity, South Korea&#39;s Ministry of Science and ICT, in collaboration with the Korea Internet and Security Agency (KISA), has announced a significant investment of 12 billion won (approximately US$8.31<!--autointro-->

South KoreaAI cybersecurityKISA
Industry

Anthropic Weighs Fundraising at Near $1 Trillion Valuation to Expand Compute Capacity

San Francisco, CA&nbsp;– Artificial intelligence startup Anthropic is reportedly weighing a massive fundraising drive this summer that could value the company at nearly $1 trillion.According to a report by the&nbsp;Financial Times, the San Francisco-<!--autointro-->

AnthropicOpenAIGenerative AI
Industry

SpaceX Consolidates AI Strategy: xAI Rebrands to SpaceXAI

May 7, 2026&nbsp;— In a significant strategic shift, Elon Musk has officially announced that his artificial intelligence company,&nbsp;xAI, will cease to exist as an independent entity. In a statement released on his social media platform, X, Musk co<!--autointro-->

Elon MuskGrok AISpaceXAI
Industry

a16z Leads Seed Round for Glif: The Super AI Agent Unifying Creative Workflows

May 7&nbsp;— In a strategic move to consolidate the fragmented generative AI market, venture capital firm a16z has announced its backing of&nbsp;Glif, an AI creation platform positioned as a &quot;Super AI Agent for Creatives.&quot; The investment fo<!--autointro-->

AI AgentGenerative AISeed Funding
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SoftBank&#039;s Masayoshi Son Pushes AI Integration with New Entity &quot;Roze,&quot; Targeting 2026 U.S. IPO and $

SoftBank Group Corp. (SFTBY.US)&nbsp;plans to establish and list an independent artificial intelligence robotics and data center company in the United States, named Roze. This move signals that founder Masayoshi Son is accelerating the integration of<!--autointro-->

physical AI100BillionValuationin2026∗∗Keywords:∗∗SoftBankRozeIPO
Industry

OpenAI Faces IPO Delay Amid Slowing Growth and Revenue Deficit to Anthropic

May 3, 2026&nbsp;— OpenAI is navigating a critical juncture as internal disagreements surface regarding its public listing strategy, coinciding with reports of slowing user growth and a loss of revenue leadership to rival Anthropic.IPO Strategy: Altm<!--autointro-->

OpenAIGoldman SachsSam Altman