AI Innovation

Extend, a rising force in AI-native document processing, has raised $17 million in combined seed and Series A funding to expand its breakthrough platform built for the Agentic Era of enterprise AI. Led by Innovation Endeavors with support from Y Combinator, Homebrew, Character, and angel investors like Scott Belsky and Guillermo Rauch, the round will fuel Extend’s product expansion and market push as it reshapes how businesses unlock value from unstructured documents.

In a decisive move to accelerate innovation across advanced Edge AI and high-performance computing (HPC), Synopsys (Nasdaq: SNPS) and Samsung Foundry have extended their long-standing collaboration to enable rapid, efficient development of next-gen chips on Samsung’s most advanced process technologies, including SF2 and SF2P (sub-2nm nodes).

NTT DATA, a global digital services leader, is advancing its 30-year strategic partnership with Cisco through the launch of AI-powered Software Defined Infrastructure (SDI) services. These services are designed to help enterprises transform their legacy systems into modern, agile digital infrastructures that meet the demands of the AI-driven era. As organizations grapple with outdated systems, NTT DATA and Cisco are offering intelligent automation and data-driven insights to optimize operations, reduce risk, and boost business outcomes.