Kfund Raises $75 Million
The Spanish venture capital company Kfund reported that it managed to raise $75 million in investment funds.
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India’s AI Aspirations Raise Multibillion Investments
Currently, India is striving to develop as a kind of technological center and is making concrete efforts in a practical dimension aimed at achieving the corresponding goal, which already has certain results in the form of investments from companies belonging to the Big Tech category from abroad.
NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech
The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.
Aim Security Raises $18 Million
Aim Security, a company that assists enterprises in the safe implementation of artificial intelligence, announced that it managed to raise investment funds for $18 million.
US Sues Adobe for Hiding Fees
On Monday, June 17, the United States government sued Adobe, maker of Photoshop and Acrobat, accusing the company of harming consumers by hiding high fees for terminating subscriptions in the most popular tariff plan and making it difficult to cancel subscriptions.
AI for Longevity: What Investors Should Know
Eternal life is something that humanity has been yearning for ages. Although that’s unrealistic as of now, the mortals have significantly improved their longevity prospects over the last few decades. Moreover, artificial intelligence (AI) can help people live even longer and healthier lives, bringing all the collective experience to the altar of longevity.
Meta Suspendes AI Models Launch in Europe
Meta Platforms has postponed the launch of its artificial intelligence models in Europe.
Amazon to Invest $230 Million in AI Startups
Amazon has announced its intention to invest $230 million in the form of Amazon Web Service (AWS) credits in startups operating in the artificial intelligence industry.
Tempus AI Raises $410.7 Million
Tempus AI Inc., which specializes in the development of the technology platform that processes medical data using artificial intelligence, conducted an initial public offering (IPO) at the top of a marketed range to raise $410.7 million.
Apple Edges Past Microsoft in Value
Last Thursday, June 13, Apple became the most valuable public company in the United States, displacing Microsoft from the corresponding position.
Broadcom Shares Rise
On Thursday, June 13, the value of Broadcom shares showed an increase of approximately 12% after the company published information on the economic results of its activities for the second fiscal quarter.
AI Chip Makers Rebellions and Sapeon to Merge
On Wednesday, June 12, in South Korea, two local startups for the development of chips for artificial intelligence systems, which are Rebellions and Sapeon, agreed to merge.
Black Semiconductor Raises $273 Million
The company Black Semiconductor, which is based in Germany and develops graphene-based technology for connecting chips, was able to raise investment funds for 254.4 million euros (about $273 million).
US Reportedly Considers Further Restrictions on China’s Access to Chip Technology
The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.
Apple Shares Hit Record High
The value of Apple securities on Tuesday, June 11, increased by 5%, reaching a new record high of $203 per share.
UK Tech Bosses Urge Focus on AI Skills in High-Stakes Election
Currently, in the United Kingdom, local executives in the technology area and entrepreneurs declare their desire for the next government of this country to focus on the development of skills related to artificial intelligence and on fiscal measures aimed at providing conditions for the implementation of the economic growth process.
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