INXM raises €5.7M to tackle enterprise AI execution challenges

INXM, aBerlin-based startup developing AI-powered process automation technology forenterprise and industrial operations, has raised €5.7 million in a pre-seedfunding round as it emerges from stealth. …

Google Play Books is getting an AI reading companion that remembers where you left off

The next time you lose track of a book, Google Play Books may have a surprisingly helpful solution waiting for you.

Flok Health lands $12.5M to grow its AI-operated healthcare platform

Flok Health, an AI-operated digitalcare platform, has raised $12.5 million in an oversubscribed Series A fundinground led by Albion VC, with participation from existing investors Eka VC and Form Ventu…

Upstream raises $3M to launch collaborative AI inbox backed by YC and Xavier Niel

Paris-based startup Upstream today announced the general availability launch of its AI-native inbox platform, alongside a $3 million pre-seed funding round backed by Y Combinator, Connect Ventures, a…

ChatGPT hits 1 billion monthly users faster than any app before it
ChatGPT hits 1 billion monthly users faster than any app before it

One billion is the number apps spend years chasing and most never reach. ChatGPT got there faster than anything before it. OpenAI’s app crossed 1 billion global monthly active users in May, roughly three years after launch, according to estimates from …

Gigaton lands $26M to scale autonomous industrial control

Gigaton, a London-based AI companydeveloping control software for energy-intensive industries, has raised $26million in Series A funding. The round was led by Plural, with participationfrom 2150, Sema…

Factorial raises $150M Series D at $2.5B valuation to expand across Europe

Factorial, aBarcelona-based workforce management software company, has raised $150 millionin Series D funding at a $2.5 billion valuation. The round was led by General Catalyst, with participation fro…

Martin Scorsese has officially joined the AI camp and it’s not what anyone expected

Martin Scorsese has signed on as a partner and adviser to AI startup Black Forest Labs, using its technology for storyboarding on a new film.

Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release
Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release

President Trump signed an executive order on Tuesday establishing a voluntary framework for government review of frontier AI models before public release, ending weeks of internal White House conflict over how aggressively to regulate the technology. T…

The EU’s €20 billion plan for five AI gigafactories is falling apart before the first bid is even submitted
The EU’s €20 billion plan for five AI gigafactories is falling apart before the first bid is even submitted

The European Union’s plan to build five massive AI data centres, each with one gigawatt of capacity and approximately 100,000 advanced chips, is stumbling before it starts. The bidding process, originally scheduled for May, has been pushed to July. A l…