PR Newswire

Positron AI Raises $875M for Inference Chips

Positron AI Raises $875M to Scale Inference Chips

Positron AI has raised $875 million in a Series C financing at a $5 billion post-money valuation, giving the AI inference chipmaker capital to develop its next-generation Asimov processor, ramp its Titan systems and expand production. The funding arrives as AI infrastructure shifts toward the increasingly expensive task of running models at scale. The economics…

Read More: Positron AI Raises 5M to Scale Inference Chips
Exiger Launches AI-Native Supply Chain Platform

Exiger Rebuilds Supply Chain Platform Around Agentic AI

Exiger has unveiled an AI-native version of its 1Exiger platform, adding an agentic AI execution layer for supply chain, procurement, trade compliance and risk management. The company says its new AI product development lifecycle is allowing it to redesign software faster while combining proprietary supply chain data with autonomous AI workflows. Exiger is betting that…

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Agilisium Wins Recognition for Life Sciences Agentic AI

Agilisium Wins Recognition for Agentic AI in Life Sciences

Agilisium has received Frost & Sullivan’s 2026 Global Technology Innovation Leadership Recognition for agentic AI in life sciences, highlighting a growing push to move generative AI beyond pilots and into regulated pharmaceutical and biotechnology workflows. The company’s approach combines domain-specific AI agents, enterprise data, workflow orchestration and governance across the life sciences value chain. The…

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askelie Partners With Pine for Enterprise AI Automation

askelie Partners With Pine to Scale Enterprise AI Automation

UK-based askelie has signed an exclusive U.S. strategic partnership with Pine Services Group to bring AI-powered financial and compliance automation to Pine’s 18 operating companies. The deal expands askelie’s footprint across ERP workflows including accounts payable, purchasing, contract management, spend analysis and document processing, as enterprises increasingly look beyond AI copilots toward governed automation. The…

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UpDoc Gets $9.2M for Agentic Clinical AI

UpDoc Wins $9.2M ARPA-H Backing for Clinical AI Agents

UpDoc has been selected as a lead performer in ARPA-H’s ADVOCATE program, receiving an award of up to $9.2 million to develop agentic AI for cardiovascular care. The company will work with Microsoft, OpenAI and NVIDIA on a system intended to manage aspects of heart-failure care under clinical safeguards and pursue a pathway toward FDA…

Read More: UpDoc Wins .2M ARPA-H Backing for Clinical AI Agents
Alibaba Accio Targets Cheaper AI Agents for Commerce

Alibaba’s Accio Targets Lower-Cost AI for E-Commerce

Alibaba.com is positioning Accio as a lower-cost alternative for businesses deploying AI agents across e-commerce operations. The company says its commerce-focused agent completed 107 benchmark tasks at an estimated cost of $3.69, compared with $9.27 for OpenAI’s Codex and $9.51 for Anthropic’s Claude Code, while delivering comparable task completion quality. Alibaba.com unveiled the results alongside…

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Nutrient Launches AI Document Extraction API

Nutrient Launches API for Grounded Enterprise AI Data

Nutrient has made its Data Extraction API generally available, targeting one of the less glamorous but increasingly important problems in enterprise AI: turning messy documents into structured, traceable data that software agents can actually use. The API processes PDFs, scans, images and Office files, returning spatial JSON or Markdown and extracting schema-defined fields with page…

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AI Capital Connect 1920x1080 (1)

AI Capital Connect Unveils Exclusive Founders & Funders Forum Platform To Fuel Next Generation Of Artificial Intelligence Ventures

Despite being one of the fastest-growing sectors, the global artificial intelligence ecosystem faces a critical developmental bottleneck. Yes, technology is innovating at an unprecedented rate, but early-stage and Series A AI startups routinely struggle to secure the highly specialized capital, computational resources, and strategic guidance required to survive the industry’s notoriously capital-intensive scaling phase. To…

Read More: AI Capital Connect Unveils Exclusive Founders & Funders Forum Platform To Fuel Next Generation Of Artificial Intelligence Ventures
Aitech Brings NVIDIA Ada AI to Rugged VPX Systems

Aitech Brings RTX Ada AI Acceleration to Rugged VPX

Aitech is upgrading its rugged computing portfolio for defense platforms that increasingly need to process AI workloads at the tactical edge. The company has introduced the C530 and SOSA-aligned U-C5300, two 3U VPX GPGPU boards built around NVIDIA RTX Ada architecture. The accelerators target real-time AI inference, video analytics, image processing and sensor fusion while…

Read More: Aitech Brings RTX Ada AI Acceleration to Rugged VPX

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