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IREN Secures $363M AI Equipment Financing

IREN Secures $363M Equipment Financing for AI Compute Infrastructure

BusinesswireOctober 29, 202605 mins

IREN Limited has closed a $363 million equipment financing transaction with Wingspire Equipment Finance, refinancing revenue-generating AI compute infrastructure and freeing up capital for further expansion. The facility covers GPU-based servers and networking systems deployed in high-density data centers. Backed principally by the financed equipment and supported by multi-year customer contracts, the transaction was completed…

DealLabs Builds AI-Ready Travel Data Platform

DealLabs Builds AI-Ready Travel Database With 280,000 Records

PR NewswireOctober 29, 2026October 29, 202606 mins

South Korean travel data company DealLabs has built a database of more than 280,000 verified local travel records covering seven Asian cities, aiming to improve the accuracy of information delivered by AI-powered travel services. The database covers Seoul, Busan, Tokyo, Osaka, Bangkok, Taipei and Singapore, with each record accompanied by its source and verification date….

Foundry Robotics Raises $100M for AI Factories

Foundry Robotics Raises $100M to Scale AI-Powered Factories

PR NewswireOctober 29, 2026October 29, 202606 mins

Foundry Robotics has raised an oversubscribed $100 million Series A round to expand its autonomous manufacturing operations and develop AI-powered robotic assembly for complex industrial products. Led by Marlinspike Partners, the round includes existing investors Khosla Ventures and Red Glass Ventures, alongside new participants SE Ventures, Wing VC and Axiom Ventures. The company plans to…

VikingCloud Launches AI Governance Services for Enterprises

PR NewswireOctober 29, 2026October 29, 202606 mins

VikingCloud has launched AI Governance Services to help businesses identify unauthorized AI tools, assess security and compliance gaps, and establish plans for managing AI-related risks. The offering includes a three-week AI Health Check and a more extensive four- to six-week AI Readiness Assessment. The launch addresses a growing governance challenge for large, multi-location organizations: according…

AI ROI Depends on Data Readiness, Survey Finds

Dun & Bradstreet Survey Links AI ROI to Data Readiness

PR NewswireOctober 29, 2026October 29, 202606 mins

Businesses are increasing their investment in artificial intelligence, but many still lack the data foundations needed to turn pilots into measurable business results. In Dun & Bradstreet’s latest AI Momentum Survey of 10,000 businesses across 32 countries, 65% of respondents plan to increase AI spending over the next 12 months, while just 28% report broad…