Scope’s latest USD 20 million funding round marks an important moment for the AI inspection market, showing how artificial intelligence is moving deeper into testing, inspection, and certification workflows that have traditionally relied on manual processes. The funding round was led by Index Ventures, with participation from Susa Ventures, Entrepreneurs First, and Syndicate 1. The […]
Sarvam AI Raises $234M at $1.5B Valuation to Build India’s Sovereign AI Future
Indian artificial intelligence startup Sarvam AI has raised USD 234 million in the first close of its USD 300 million Series B funding round, reaching a valuation of USD 1.5 billion as it works to build homegrown AI models that can compete with leading global systems from China and the United States. The funding marks […]
Rivvun AI Raises $7.55M Seed Funding to Scale Enterprise AI Solutions
Enterprise AI startup Rivvun AI has raised USD 7.55 million in a seed funding round to strengthen its artificial intelligence capabilities, expand its team, and accelerate customer acquisition across key industry sectors. The funding round was co-led by Sitara Capital and 3one4 Capital, marking an important milestone for the young company as it works to […]
Orbio AI Raises €18M Series A to Expand AI-Powered HR Platform
Spanish startup Orbio AI has closed an €18 million Series A funding round to accelerate the growth of its artificial intelligence platform for human resources management. The funding round was led by Dawn Capital, a European investor focused on B2B enterprise software. Existing investors Visionaries VC, Plus Partners and Enzo Ventures also participated in the […]
IN-SPACe Funds Indian Startups Building Advanced Space Technologies
India’s private space sector is set to receive a major boost as the Indian National Space Promotion and Authorisation Centre has selected three startups under its Technology Adoption Fund to develop critical indigenous space technologies. The initiative aims to accelerate the commercialisation of advanced space solutions and support Indian companies from technology development to deployment. […]
Building Institutional Capacity for AI Governance in Latin America and the Caribbean
As artificial intelligence continues to evolve rapidly, governments across Latin America and the Caribbean face an urgent challenge: how to build the institutional capacity needed to govern a technology that is constantly changing. Several countries in the region are already moving forward with AI strategies, laws, and regulatory proposals. El Salvador and Peru have existing […]
India Announces Quantum Computing and AI Labs at MNIT Jaipur
India’s Ministry of Electronics and Information Technology has announced the establishment of advanced quantum computing and quantum communication laboratories at Malaviya National Institute of Technology Jaipur to strengthen national capacity in secure communications, emerging technology research, semiconductor skills, and artificial intelligence innovation. The announcement was made on 11 June 2026 by Ashwini Vaishnaw, Minister for […]
India Launches WhatsApp-Based AI Advisory Service for Oilseed Farmers
India has launched a nationwide WhatsApp-based artificial intelligence advisory service to help oilseed farmers access research-backed agricultural guidance directly through their mobile phones. The new service, called Oilseeds Kisan Mitra, has been developed by the Indian Council of Agricultural Research’s Indian Institute of Oilseeds Research. The chatbot is designed to provide farmers with timely advice […]
EEF Opens £2.5 Million Research Fund to Study AI’s Impact on Pupil Learning
The Education Endowment Foundation has launched a £2.5 million research fund to examine how generative AI tools such as ChatGPT are affecting the way pupils learn, think, remember, and engage with education. The new research programme aims to address what the foundation describes as an urgent evidence gap around the use of artificial intelligence in […]
Government Backs AI Support for Small Businesses in New Zealand
New Zealand’s small businesses are set to receive stronger AI-powered support as the Government announces new funding to help business owners unlock growth opportunities, improve efficiency, and access smarter decision-making tools. Minister for Small Business and Manufacturing Cameron Brewer announced the funding as part of the Government’s effort to give small businesses practical support that […]
Community Benefit Agreements Can Empower Communities in AI-Fueled Data Center Development
The rapid expansion of artificial intelligence is driving a major surge in data center construction across the United States, raising urgent questions about energy use, water consumption, public subsidies, environmental harms, and the rights of communities living near these facilities. As AI companies race to build the infrastructure needed to power advanced digital systems, thousands […]
AI Readiness Is a Policy Choice: Evidence from 24 Overperforming Countries
Artificial intelligence readiness is often viewed as a reflection of national wealth, digital infrastructure, and economic power, but evidence from 24 overperforming countries shows that policy choices can play a decisive role in shaping a country’s ability to adopt and govern AI. The global artificial intelligence divide remains significant. High-income countries continue to dominate global […]
Bonheur Iraguha Expands Rwanda’s Startup Ecosystem With AI-Powered Photo Platform
Rwandan entrepreneur Bonheur Iraguha is contributing to Rwanda’s growing startup ecosystem through SomaPix, an AI-powered photo platform designed to help users quickly find their photos from large event image collections. Founded in 2025, SomaPix addresses a common challenge faced by people attending weddings, conferences, sports competitions, family gatherings and other major events. At such events, […]
Big African Companies Lag in AI Investment, PwC Report Reveals
Large African companies are investing significantly less in artificial intelligence compared with their global peers, according to a new study by PricewaterhouseCoopers (PwC). The report, Decoding ROI from AI in Africa, shows that major firms on the continent allocate just 2% of annual revenue to AI, while businesses in leading markets such as the United […]
Graphon AI Secures $8.3M Seed Funding to Advance Enterprise AI Reasoning
San Francisco, June 7, 2026 — Graphon AI has announced the successful close of its $8.3 million seed funding round, led by Arvind Gupta of Novera Ventures. The round also saw participation from Perplexity Fund, Samsung Next, GS Futures, Hitachi Ventures, Gaia Ventures, B37 Ventures, and Aurum Partners. The company, founded by former Amazon and […]
Microsoft Invests $15 Billion in Anthropic to Expand AI Arms Race
June 2026 – Microsoft has announced a $15 billion investment in Anthropic, the AI research startup behind the Claude series of generative models. The deal will integrate Anthropic’s cutting-edge AI into Azure AI services, strengthening Microsoft’s competitive position against rivals like OpenAI, Google, and Amazon in the escalating global AI arms race. Anthropic, known for […]
DeepSeek’s $7 Billion Funding Push Reshapes Global AI Race
June 2026 – Chinese AI startup DeepSeek is reportedly close to raising 50 billion yuan ($7.4 billion) in its first major funding round, a move that could value the company between 350 billion and 400 billion yuan ($52–59 billion). This marks a dramatic shift for a firm that has until now relied primarily on internal […]
From Data to Inference: Why AI Governance Matters for Central Banks
June 2026 – Central banks are among the most data-intensive public institutions, holding vast datasets that underpin financial supervision, payments, and policy. As they adopt AI-enabled analytics and supervisory technology (SupTech), their ability to draw inferences from data expands dramatically. This shift raises profound governance questions, especially in emerging markets and developing economies (EMDEs) where […]
BitPredict Secures $40 Million in Series B Funding to Expand AI FinTech Platform
June 2026 – AI-powered financial prediction startup BitPredict has raised $40 million in Series B funding, marking a major milestone in its growth trajectory. The round was led by Sequoia Capital, with participation from Tiger Global and several other venture firms. BitPredict specializes in leveraging advanced machine learning algorithms and predictive analytics to deliver financial […]
Orange Maroc Partners with Government to Accelerate AI Deployment
Casablanca, June 2026 – Morocco has taken another decisive step in its digital transformation journey by signing a memorandum of understanding with Orange Maroc to accelerate the testing and deployment of artificial intelligence solutions. The agreement, signed on June 4 by Minister Delegate Amal El Fallah Seghrouchni and Orange Maroc CEO Hendrik Kasteel, places AI […]
