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
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
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
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
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
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. […]
Viktor AI Secures $75M from Accel for Slack & Teams Agent
Workplace automation startup Viktor has raised $75 million in a Series A round, marking the largest ever for a Polish-founded company. The round was led by Accel, with participation from Bek Ventures, Kaya VC, Inovo VC, and Tenacity Capital, alongside angel investors including Slack co-founders Stewart Butterfield and Cal Henderson, and executives from DeepMind, Figma, […]
Google and Blackstone Launch $5B Joint Venture for AI Data Centers
Google is accelerating its global expansion in artificial intelligence by building and developing hyper-scale data centers across multiple regions. This move is designed to strengthen its computing infrastructure, enabling the company to train and operate modern AI systems more effectively while meeting the rising demand for advanced digital services. The expansion reflects a broader trend […]
Anthropic and Gates Foundation Launch $200M AI Public Good Pact
Artificial intelligence is advancing rapidly, but access to its most powerful tools remains uneven, with billions of people still excluded. Many frontline workers in health, education, and agriculture lack AI solutions tailored to their contexts, while resources remain concentrated among wealthier institutions. Closing this gap requires designing AI with equity at its core, directing resources […]
£3m UK Programme to Help Communities Shape the Future of AI
The National Lottery Community Fund has raised concerns that the rapid development of artificial intelligence risks leaving some of the UK’s most marginalised communities behind. In response, it has launched a £3 million programme in partnership with UK Community Foundations and CAST to ensure communities can shape how AI develops and impacts their lives. The […]
South Auckland Startup Fitness Sci-Tec Targets Global Diabetes Crisis
South Auckland entrepreneur Motekiai Tangi has turned a deeply personal mission into a growing health-tech success story with his company, Fitness Sci-Tec. The AI-powered platform helps prevent and manage type 2 diabetes and other chronic conditions by combining clinical science, fitness, and technology in one connected system. Already working with Health New Zealand, Pacific Health […]
NVIDIA CEO’s Foundation Buys $108M of AI Computing for Research
The foundation of Nvidia CEO Jensen Huang and his wife, Lori, has made a major philanthropic move by donating computing time valued at $108.3 million to universities and nonprofit institutes. The donation, facilitated through CoreWeave, will provide access to advanced computing resources for science and artificial intelligence research. According to the filing, the donated resources […]
Isomorphic Labs Secures $2.1B to Scale AI Drug Discovery
Isomorphic Labs has announced a landmark $2.1 billion Series B funding round, led by Thrive Capital with participation from Alphabet, GV, MGX, Temasek, CapitalG, and the UK Sovereign AI Fund. This investment significantly expands the company’s global capital base and will accelerate the scaling of its AI drug design engine, IsoDDE, while expanding its therapeutic […]
European AI Funding Hits Record Highs: Can It Beat the U.S.?
In 2026, artificial intelligence has become the dominant driver of European venture funding, with roughly half of all investments directed toward AI-related companies. This surge includes frontier model labs as well as startups in data centers, semiconductors, robotics, aerospace, defense, biotech, and applications across legal, customer service, and fintech sectors. The energy sector, critical for […]
Humanity AI Awards $18M in Grants to Shape Public Interest AI
Humanity AI, a collaborative philanthropic initiative focused on ensuring artificial intelligence serves the public good, has announced over $18 million in new pooled grants. This includes $8 million awarded to inaugural grantee organizations working on urgent issues such as safeguarding democracy, protecting workers’ rights, strengthening journalism, and advancing education. An additional $10 million has been […]
AI & the End of Credentialism: A New Career Map for the Caribbean
The debate around artificial intelligence and work has shifted from asking which tasks machines can perform to examining how AI influences the way human capabilities are built and transmitted over time. This issue is particularly urgent for Latin America and the Caribbean, where practical judgment and experience play a critical role in compensating for weaker […]
OCRA and AWS Unveil AI Platform for Ovarian Cancer Breakthroughs
The Ovarian Cancer Research Alliance (OCRA) has launched the Community Accelerated Research Exchange, a global AI-powered ecosystem designed to transform gynecologic cancer research. Built on Amazon Web Services (AWS), the platform connects patients, clinicians, researchers, and advocates in real time to accelerate breakthroughs against ovarian and uterine cancers, which affect nearly 90,000 people annually in […]
Beyond Chatbots: How Autonomous Agents Are Running Businesses in 2026
Artificial Intelligence is undergoing a major paradigm shift, moving beyond simple generative tools like chatbots toward the development of “Agentic Workflows.” These new systems, known as AI Agents, are designed to operate with near-complete autonomy, capable of analytical thinking, decision-making, and managing complex, multi-step tasks without constant human input. Previously, Large Language Models were celebrated […]
Limpopo Water Managers Get AI Digital Twin & WaterCopilot
The International Water Management Institute (IWMI), in partnership with the Limpopo Watercourse Commission (LIMCOM), has introduced advanced digital tools to help Botswana, Mozambique, South Africa, and Zimbabwe manage climate variability and transboundary water challenges. On April 15, the Limpopo Digital Twin and WaterCopilot were rolled out in Maputo, Mozambique, providing water managers with AI-powered platforms […]
AI Investment Boom May Deepen Global Development Divide
At the opening of UNCTAD’s 12th Multi‑year Expert Meeting on Investment, Innovation and Entrepreneurship, experts warned that artificial intelligence and other strategic technologies are reshaping global investment patterns. Capital is increasingly concentrated in fewer sectors and countries, raising the risk that many developing economies will be left behind. Rapid growth in AI and digital infrastructure […]
