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Foundation Raises $6.4 Million to Expand Beyond Bitcoin Self-Custody

Dated: May 22, 2026

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 […]

AI Takes the Pulpit: New Research Reveals Christians Turning to Artificial Intelligence for Spiritual Guidance

Dated: May 22, 2026

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. […]

NVIDIA Reports Record Q1 FY2027 Results, Cementing Its AI Leadership

Dated: May 22, 2026

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. […]

AI Transformation Puts Jobs and Inequality at a Crossroads in the Arab Region

Dated: May 22, 2026

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 […]

IOM and Republic of Korea Launch Global AI Hub for Human-Centred Innovation

Dated: May 22, 2026

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.” […]

Governing Artificial Intelligence: Jamaica’s Voice in the Digital Age

Dated: May 22, 2026

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 Expands Into AI Authorization Infrastructure

Dated: May 22, 2026

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 […]

Amazon’s $5B Anthropic Deal Redefines Cloud AI Economics

Dated: May 22, 2026

Amazon’s latest $5 billion investment in Anthropic marks a turning point in cloud AI economics, setting a new benchmark for generative AI partnerships. Analysts describe it as the largest single cloud collaboration to date, expanding the companies’ existing research alliance and reshaping how compute power and capital intertwine in the AI sector. The deal includes […]

Doozy Robotics Announces Global Expansion Ahead of Series A

Dated: May 22, 2026

Singapore-based Doozy Robotics, a Physical AI humanoid company, has announced a coordinated global expansion across the United States, GCC, and Asia. This milestone marks the next phase of growth for the startup as it prepares for a planned Series A round. Backed by Cocoon Capital, Doozy has already demonstrated strong commercial traction with paying customers […]

Japan’s DIC Corporation Launches Zurich-Based Fund for Physical AI Startups

Dated: May 22, 2026

DIC Corporation has unveiled DIC Ventures One, a new Zurich-based venture capital fund dedicated to investing in physical AI startups. This move highlights Japan’s deepening interest in next-generation artificial intelligence technologies that merge software intelligence with real-world industrial systems. The fund will focus on startups developing robotics, autonomous systems, smart materials, and industrial AI applications. […]

Google I/O: Gemini Voice AI Integrated Into Gmail and Doc

Dated: May 21, 2026

Google has announced the launch of Docs Live, a new feature designed to integrate its Gemini smart voice assistant more deeply into productivity applications such as Gmail, Google Docs, and Google Keep. The tool allows users to interact with documents, emails, and notes through voice commands, enabling text generation, summarization, paraphrasing, and brainstorming without manual […]

NVIDIA Blows Past Wall Street with Record $81.6B Q1 FY27 Revenue

Dated: May 21, 2026

NVIDIA has reported record-breaking results for the first quarter of fiscal 2027, ending April 26, 2026, with revenue reaching $81.6 billion. This marks a ~20% sequential increase from the previous quarter and an ~85% year-over-year surge, significantly surpassing Wall Street expectations. The company’s Data Center segment was the primary driver, contributing $75.2 billion, reflecting explosive […]

HCLTech Leads $300M Round for Sarvam AI at $1.5B Valuation

Dated: May 20, 2026

HCLTech is reportedly preparing to lead a major funding round in Bengaluru-based AI startup Sarvam AI, signaling a significant shift in India’s IT sector as traditional technology services firms deepen their exposure to artificial intelligence. The round could see HCLTech invest nearly $150 million, valuing Sarvam AI at around $1.5 billion, with NVIDIA among the […]

Seoul Unveils $665.5 Million Jumbo Fund for Industrial AI Transition

Dated: May 20, 2026

South Korea has announced the creation of a major industrial growth fund with an anchor investment of at least 1 trillion won (US$665.5 million) to drive industrial growth and accelerate the AI transformation of the manufacturing sector. The initiative, unveiled by the Ministry of Trade, Industry and Resources, will support key government priorities including the […]

EU Selects EQT to Manage €5B Scaleup Europe Fund for AI and Tech

Dated: May 20, 2026

The European Commission has announced that EQT has been selected as the preferred investment adviser and fund manager for the new €5 billion Scaleup Europe Fund. This initiative, the largest of its kind in Europe, is a central pillar of the EU Startup and Scaleup Strategy and is designed to provide late-stage growth capital for […]

Vireo Ventures Leads €1.7M Pre-Seed for Cleantech Startup Invertix

Dated: May 20, 2026

Invertix, a German cleantech startup based in Munich, has raised €1.7 million in pre-seed funding led by Vireo Ventures, with participation from the Italian Founders Fund and angel investors specializing in energy and AI. Founded in 2026 by Joseph Perrotta and Kaan Durmaz, the company develops AI systems that integrate with existing renewable energy software […]

Moment Secures $78M Series C for Wealth Management AI OS

Dated: May 20, 2026

Moment has announced a $75 million Series C round led by Index Ventures, less than a year after raising $36 million in its Series B. The funding comes as the company advances adoption of its AI-driven platform, which integrates trading, portfolio management, and compliance into a single operating system. Index partner Jan Hammer emphasized that […]

Feds Inject $6.8 Million into Alberta AI Sector at Upper Bound

Dated: May 20, 2026

The Government of Canada has announced $6.8 million in funding through the Regional Artificial Intelligence Initiative (RAII) to support five projects in Alberta. The announcement was made by Minister Eleanor Olszewski of Prairies Economic Development Canada during the Upper Bound AI conference in Edmonton. The funding is intended to strengthen Canada’s leadership in artificial intelligence, […]

Global Millennial Capital Closes $100M IPO Opportunities Fund

Dated: May 20, 2026

Global Millennial Capital Ltd. (GMCL) has announced the final close of its inaugural IPO Opportunities Fund at USD 100 million, raised through private placement with institutional and professional investors. The fund targets late-stage and special opportunities investments in mid-cap technology companies across high-growth sectors such as artificial intelligence, decentralized finance infrastructure, cybersecurity, digital infrastructure, enterprise […]

PrairiesCan Announces $6.8M for Alberta AI at Upper Bound

Dated: May 20, 2026

The Government of Canada has announced $6.8 million in funding to support five Alberta-based organizations in improving productivity and commercializing artificial intelligence. The announcement was made by Minister Eleanor Olszewski of Prairies Economic Development Canada during the opening of Edmonton’s Upper Bound conference, which has grown into Canada’s fastest-growing AI event in just five years. […]

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Primary Sidebar

AI for NGOs: Why Adapting Existing Tools May Matter More Than Building New Ones

Open AI Brings AI to 200+ Indian NGOs: How Artificial Intelligence Is Changing India’s Social Sector

AI Can Predict a Crisis, But Can It Understand the People Living Through It?

AI in Global Health: Opportunity, Risk, and the Need for Human Oversight

Ethical AI Governance for NGOs: Why Human Oversight and Local Context Matter

Crisis and Humanitarian Response: How AI, Predictive Analytics, and Satellite Data Are Changing the Way NGOs Respond to Emergencies

Atlassian Foundation’s $8 Million Education Push: What the New AI-Era Funding Opportunity Means for NGOs

OpenAI’s $1 Billion Philanthropic Push: What the New Foundation Means for NGOs

Climate Change, Child Health, and Technology: What UNICEF’s 2026 Funding Opportunity Means for NGOs

From India, Guterres Calls for $3 Billion Fund to Ensure AI Benefits All

Why Local NGOs and Youth Groups Are Gaining a Bigger Role in Global Health

New $10 Million AI Grant Opportunity Puts Communities at the Center of the AI Debate

8.3 Million People at Risk: How the Global Humanitarian Funding Crisis Is Changing the Future of Aid

AI for Nonprofits: What the 2026 AI for Humanity Report Really Tells Us

AI for Nonprofits: What the 2026 AI for Humanity Report Really Tells Us

12 NGOs Using AI in Real-World Operations in 2026

What to Know About USAID and the Deadly Impacts of U.S. Foreign Aid Cuts

Why Climate Change Is Becoming a Humanitarian Crisis for African NGOs

India: New Foreign Funding Rules Tighten Control Over Civil Society and Raise Concerns About Freedom of Association

Challenges and Opportunities Facing African NGOs in 2026: A Country-by-Country Look

Cybersecurity and NGOs: Why Protecting Data Means Protecting People

Operational Adoption & AI for Social Good: How Nonprofits Are Moving From Experimenting to Real Impact

Oxfam Raises Concerns Over AI Power Concentration and Calls for Stronger Global Guardrails

UN Calls for a $3 Billion Global AI Fund to Help Developing Countries Keep Up With the AI Revolution

The international survey seeks NGOs’ views on government responses to modern slavery

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