OpenLight has closed a $34 million Series A funding round, co-led by Xora Innovation and Capricorn Investment Group. The oversubscribed round also drew participation from Mayfield, Juniper Networks (now part of HPE), Lam Capital, New Legacy Ventures, and K2 Access. This financing marks OpenLight’s official move from being a Synopsys subsidiary to becoming an independent,

AiGent, a developer of AI-based distributed power plants, has raised $6 million in seed funding. The round was led by Zero Infinity Partners (ZIP) and CIV, with both firms backing AiGent’s plan to bring reliable, fast-responding power to the grid by activating existing backup generation infrastructure. The funding was raised in record time, according to

Blue Water Autonomy, a Boston-based shipbuilding and technology startup, has raised $50 million in Series A funding to accelerate development of its long-range, autonomous naval vessels. The round was led by GV, with continued support from Eclipse, Riot, and Impatient Ventures. This brings the company’s total funding to $64 million, following a $14 million seed

Advantech, a global leader in industrial edge computing, is proud to announce the launch of the Advantech MIC-742-AT Robotics Development Kit accelerated by NVIDIA Jetson Thor modules with NVIDIA Holoscan platform support. Designed for next-generation robotics and physical AI applications, the platform combines NVIDIA Jetson Thor’s ultra-high AI compute power with built-in support for the NVIDIA Holoscan platform—enabling robots to sense, understand, and

Robo.ai Inc. (Nasdaq: AIIO) today announced its corporate name and ticker symbol change, marking a significant step in its rebranding strategy. Effective August 26, 2025, the company’s common stock will trade on the Nasdaq Global Market under the new ticker symbol “AIIO.” The company has also launched its new corporate website at www.roboai.io. The rebranding reflects a strategic

Testaify expands managed rollout beyond the initial waitlist as early results deliver on the promise of faster, continuous system testing. Testaify, the AI-native platform for autonomous software testing, is opening access beyond its initial waitlist, marking another significant milestone in its managed rollout. This next phase comes in response to growing demand and strong early

New research from DeepL uncovers current and future AI trends in the legal field, including rapid adoption, the widespread use of Language AI, shifting workflows and emerging risks Artificial intelligence (AI) is reshaping the legal profession at a breakneck speed, with nearly half (47%) citing it as essential to their daily workflows and over 96%

Agentgateway project enables reliable, governed and scalable agentic workflows in enterprise and multi-agent systems Open Source Summit Europe – The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today welcomed the agentgateway project, an open source, AI-native proxy, created by cloud native application networking company Solo.io to optimize connectivity, security, and observability in agentic AI

Foundation advances AI innovation for search, observability and analytics as project downloadsincrease 78% year-over-year Open Source Summit Europe – The OpenSearch Software Foundation, the vendor-neutral home for the OpenSearch project, today celebrates the first anniversary of its formation under the Linux Foundation. In its inaugural year, the Foundation has advanced its mission to grow and evolve

Unbabel’s Industry-Leading TowerLLM and COMET AI Tools Join TransPerfect’s GlobalLink Tech Stack TransPerfect, the world’s largest provider of language and AI solutions for global business, today announced that it has acquired Unbabel, a market leader in language AI. Financial terms of the transaction were not disclosed. Founded in Lisbon in 2013, Unbabel is a pioneer in translation AI with a mission to