Nextracker, a leading solar technology platform provider, has taken a major leap forward in its mission to revolutionize the industry with the launch of an AI and robotics business initiative. At the heart of this new venture is the appointment of Dr. Francesco Borrelli as chief AI and robotics officer, who brings decades of experience
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AI Investment
Microsoft’s TypeScript is getting an update that’s set to make developers’ lives easier. The language superset has reached the release candidate stage, bringing with it support for deferred module evaluation and a preview of expandable hovers. The latest version, TypeScript 5.9, follows hot on the heels of its July 8 beta and marks an important
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Driverless cars are starting to behave like humans – but not always in a good way. They’re honking, taking sharp turns, and rolling through stop signs as they try to learn from human driving habits. The vehicles use artificial intelligence (AI) to observe and mimic human behavior, which could make them safer on the road.
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China has entered a new phase in its artificial intelligence sector, one that’s marked by intense competition with the United States. The country’s megacities are launching massive subsidy programs to support their AI industries, while domestic firms aim to reduce their dependence on US technology. The stakes are high, as both nations view AI dominance
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China-based AI company Z.ai has made a groundbreaking move in the industry by releasing its next-generation base model, GLM-4.5. This open-source Mixture of Experts (MoE) model is not only setting new standards for AI performance and accessibility but also reducing costs for developers. Built from scratch using a fully self-developed architecture, GLM-4.5 represents a technological
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In a move that’s sending shockwaves through India’s digital economy, Bengaluru-based e-commerce startup Shopflo has secured $20 million in funding led by Flipkart co-founder Binny Bansal. The Series A round also saw participation from existing investors like Elevation Capital and Tiger Global, alongside new backers including RTP Global, Better Capital, and Matrix Partners India. With
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Dropzone AI, a leading provider of autonomous AI security operations center (SOC) analysts, has secured a significant funding boost to expand its groundbreaking technology. The company raised $37 million in Series B funding, led by Theory Ventures and backed by notable investors such as Madrona, Decibel Ventures, Pioneer Square Labs, and IQT. The new funds
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Positron AI, a US-based semiconductor solutions company, has secured a significant boost in funding with its latest Series A round totaling $51.6 million. The impressive raise brings the company’s total capital raised this year to over $75 million and highlights investor confidence in Positron’s innovative technology. The investment round was led by Valor Equity Partners,
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Hyperscale Data, a diversified holding company, is making its move in the world of digital assets. Starting August 12, the company will begin publishing weekly reports on its $XRP acquisition activity. As part of its strategy to enhance transparency around its digital asset investments, Hyperscale Data aims to demonstrate its commitment to long-term growth with
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Meta Platforms (META) is revving up its AI advertising engine, and Wall Street is eating it up. The company’s stock rose sharply after CEO Mark Zuckerberg revealed that generative AI tools are starting to significantly impact revenue growth. Zuckerberg painted a future where AI not only boosts ad performance but becomes a core part of
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