Spectral Capital Corporation has taken a big step toward building a larger, more profitable digital infrastructure platform. The company recently signed a definitive agreement to buy Telvantis Voice Services, a Florida-based telecom and voice services provider. This move is part of Spectral’s plan to reach an estimated $450 million in revenue by 2026 and strengthen
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All posts tagged in AI Startups
Meta has announced the acquisition of Manus, a high-profile artificial intelligence startup, in a deal valued at around $2 billion. The company, founded in Singapore by former Chinese entrepreneurs, has attracted significant attention in the AI community. This move signals Meta’s continued push into advanced AI technologies and integration across its social platforms. Manus’s Rapid
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Vybe, a new player in the AI software space, has announced a $10 million seed funding round. The startup aims to make building internal business tools easier for non-technical teams. The funding was led by First Round Capital, with support from Y Combinator, Orange Collective, Pelion Ventures, and Pioneer Fund. Several prominent angel investors and
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Plug and Play, one of the world’s biggest innovation platforms and early-stage investors, is expanding into New York City. This move is part of a partnership with the New York City Economic Development Corporation (NYCEDC). The company is launching two key initiatives in the city: the NYC AI Nexus and the International Landing Pad Network.
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Lithuania is quickly establishing itself as a major player in the tech world, thanks in part to Tesonet’s recent billion-dollar investments in artificial intelligence (AI). The Lithuanian-based tech group has expanded its portfolio with six new AI-focused companies, including the Swedish startup Lovable. These moves highlight Lithuania’s rising reputation as a hub for innovative AI
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A Singapore-based AI video startup, Video Rebirth, has announced a significant funding boost of $50 million. The company is focused on creating a new kind of AI tool that produces high-quality, realistic videos for industries like advertising, film, e-commerce, and animation. Instead of targeting casual users, Video Rebirth aims to serve professional creators and studios
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Rivian has agreed to settle a lawsuit with some of its investors for $250 million. The company says it’s not admitting any fault but wants to clear the decks so it can concentrate on launching its new mass-market EV, the R2, next year. The lawsuit, which started in 2022, accused Rivian of making false statements
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Startuprad.io has launched the Startup AI Concierge, a new tool that’s changing the way Europe’s startup and innovation communities access insights. This AI-driven platform delivers verified, source-cited information directly to founders, investors, and policymakers. Built on over ten years of research, it aims to be a vital resource for smart decision-making in the startup scene.
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Starting a new business is tough, but embracing artificial intelligence can give startups a serious edge. AI is helping companies move faster, cut costs, and reach more customers around the world. In fact, 71% of organizations already use AI in their daily operations, and those sticking to old methods are falling behind. To stay competitive,
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The rapid rise of artificial intelligence has sparked a lot of excitement and concern. Investors are pouring money into AI startups and infrastructure, raising questions about whether the industry is heading for a bubble similar to the dot-com crash. A recent survey shows that over half of fund managers believe AI stocks are already in
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