NGOs.AI

Bengaluru, May 25, 2026 – Scapia, a travel‑focused fintech startup, has secured $63 million in fresh funding led by General Catalyst, with participation from existing investors Peak XV Partners and Z47. The latest round brings Scapia’s total funding to $135 million, underscoring growing investor confidence in its AI‑first travel ecosystem. Founded in 2022 by Anil Goteti, former Flipkart executive, Scapia plans to use the new […]

Singapore, May 25, 2026 – Doozy Robotics, a Singapore‑based physical AI humanoid company, has announced a major global expansion across the United States, GCC, and Asia as it prepares for a Series A fundraising round. The move follows strong commercial traction and seed‑stage backing from investors including Cocoon Capital. Founded by Suresh Chandrasekar and Ajmal Thahseen, Doozy Robotics is building a vertically integrated industrial automation ecosystem that combines Industrial Super Humanoids, Autonomous Mobile Robots, […]

San Francisco, May 25, 2026 – The global AI cost crisis is forcing major tech firms to confront the financial realities behind the hype. Reports surfaced that Microsoft directed engineers to halt use of Anthropic’s Claude, while Uber revealed its entire 2026 AI budget was exhausted by April — underscoring the mounting strain of token‑based billing models. Uber’s CTO confirmed that […]

Canberra, May 25, 2026 – The United Kingdom and Australia have announced a landmark agreement to deepen cooperation on AI security and safety, establishing a new partnership between the UK AI Security Institute and the Australian AI Safety Institute. The collaboration aims to strengthen global defences against emerging risks from powerful AI systems and advance shared research on responsible technology development. Under the newly […]

Houston, May 25, 2026 – The upstream oil and gas sector is entering a new era of transformation, with digitalization and artificial intelligence (AI) projected to generate nearly $500 billion in cumulative value for Exploration & Production (E&P) companies between 2026 and 2030, according to fresh analysis from Rystad Energy. The report identifies three major levers driving this surge: cost reductions through operational efficiency, […]

Singapore, May 25, 2026 – Doozy Robotics, a Singapore‑based humanoid robotics startup, is accelerating its global expansion across the U.S., Gulf region, and Asia as it prepares for a planned Series A funding round. The company is scaling its AI‑powered industrial workforce platform, which integrates humanoid robots, autonomous mobile robots, and autonomous forklifts through its proprietary Eywa‑OS orchestration system. […]

New Delhi, May 25, 2026 – World Bank President Ajay Banga has emphasized the transformative potential of ‘Small AI’ systems to empower farmers and rural communities through locally deployed, low-cost technologies. Speaking at a recent summit, Banga pointed to examples such as Indian farmers using mobile phones to share crop images and receive remote agricultural advice, and […]

Seoul, May 25, 2026 – South Korea’s Economic, Social and Labor Council (ESLC) has established a tripartite committee to examine how artificial intelligence (AI) is reshaping employment and workplace dynamics. The initiative brings together representatives from labor, business, government, and public interest groups for a year-long dialogue on the future of work in the AI […]

New York, May 25, 2026 – Chance AI, a visual artificial intelligence startup founded by former ByteDance executive Xi Zeng, has secured $3 million in seed funding to accelerate development of its proprietary visual AI platform. The funding round, backed by leading investors, positions the company to expand its research and strengthen its foothold in the fast‑growing […]

Frankfurt, May 25, 2026 – The European Central Bank (ECB) has released new research exploring how artificial intelligence (AI) could impact financial stability as adoption accelerates across global markets. The study, conducted under the Eurosystem research framework, compared different AI architectures to understand how they might influence market behaviour under identical economic conditions. Simulations revealed […]

London, May 22, 2026 – The AIchemy Frontier Fund has awarded £700,000 to researchers from Imperial College London and the University of Cambridge to advance AI-assisted discovery of next-generation materials. The project, titled Alignment of Generative AI for Materials Discovery via Experimental Feedback, aims to bridge the gap between computational predictions and laboratory validation. Led […]

Abu Dhabi, May 22, 2026 – Core42, the UAE-based sovereign cloud and AI infrastructure operator under G42, has secured $550 million in structured trade finance facilities from HSBC to fuel its AI cloud and compute expansion across the United States and Europe. The financing, split into two facilities completed in February and May 2026, is […]

May 22, 2026 – WisdomTree has unveiled the WisdomTree Physical AI, Humanoids, and Drones Fund (WDRN), now trading on the Cboe BZX Exchange (CBOE). The fund marks a major step in the evolution of artificial intelligence, expanding beyond digital applications to power machines capable of perceiving, deciding, and acting autonomously in the physical world. The […]

May 22, 2026 – Bitcoin hardware wallet manufacturer Foundation Devices has secured $6.4 million in new funding led by Fulgur Ventures, with participation from Arche Capital, to accelerate its expansion into identity management, multi-factor authentication, and AI agent authorization. Fulgur Ventures Partner Oleg Mikhalsky said the investment supports companies solving large-scale problems through secure, open-source […]

May 22, 2026 – A new study by Barna Group, in partnership with Gloo, reveals a striking shift in how faith communities engage with technology. Nearly one in three adults now believes that AI’s spiritual guidance is as trustworthy as a pastor’s, signaling a profound transformation in how people seek answers to life’s deepest questions. […]

Santa Clara, May 20, 2026 – NVIDIA (NASDAQ: NVDA) has announced record-breaking results for the first quarter of fiscal 2027, posting $81.6 billion in revenue, a 20% sequential increase and an 85% year-over-year surge. The results far exceeded Wall Street expectations and reinforced NVIDIA’s position as the driving force behind the global AI infrastructure boom. […]

Beirut, 21 May 2026 – Artificial intelligence is reshaping economies and labour markets across the Arab region, presenting both opportunities and risks for millions of workers. A new report by the United Nations Economic and Social Commission for Western Asia (ESCWA) and the International Labour Organization (ILO) warns that proactive and inclusive policy measures are […]

Geneva/Seoul, 21 May 2026 – The International Organization for Migration (IOM) has joined the Government of the Republic of Korea and United Nations partners to launch a new Global AI Hub in Seoul, reaffirming its commitment to advancing responsible and human-centred artificial intelligence under the shared vision, “AI for All, AI to Solve Global Challenges.” […]

Artificial intelligence is advancing rapidly, reshaping education, governance, and disaster response, and Jamaica is ensuring its voice is heard in this global debate. Under the guidance of the UN and the Global Digital Compact, Jamaica is positioning itself as a leader among Small Island Developing States in ethical AI governance. The country has already taken […]

Foundation Devices, the Boston-based company behind the Passport Bitcoin hardware wallet, has raised $6.4 million to enter the emerging field of AI authorization infrastructure. This strategic move positions the company at the intersection of cryptocurrency security and artificial intelligence governance, addressing the growing need for regulated operations as AI agents begin to manage financial transactions […]