BusinessButterfly Effect raises over $500M for Manus after Meta deal collapseButterfly Effect, parent company of Chinese AI lab Manus, said it raised more than $500 million in its first funding round since Meta abandoned a planned $2 billion acquisition.2 min read
BusinessYettel offers AI-supported robotic process automation to corporate clientsYettel has begun offering AI-supported robotic process automation (RPA) services to mid-sized and large companies, aiming to expand beyond its core consumer and small-business telecom market.3 min read
BusinessClaude Haiku 5.5 and Sonnet 5.5: new token prices and cache-read discountThe Claude Haiku 5.5 model’s token price is now set by default at 0.10 USD per 1M input tokens and 0.50 USD per 1M output tokens; for over 100,000 input tokens, a rate of 0.50 USD per 1M input and 2.50 USD per 1M output applies.1 min read
BusinessNous Research raises $90M at $1.5B valuation, launches enterprise Hermes AI agentsNous Research closed a $90 million Series B at a $1.5 billion valuation, bringing total funding to $158 million.2 min read
BusinessHealthleap raises $38M to expand AI screening of hospitalized patientsHealthleap, a South African startup founded in 2022 by Jemima and Josiah Meyer, raised $38 million in seed and Series A funding to scale its AI platform that scans electronic health records to flag in-hospital patients at risk of conditions often missed early, such as malnutrition and delirium.3 min read
BusinessBloom pivots to AI-driven marketplace to match U.S. hardware makers and suppliersDetroit-based Bloom, founded in 2023, shifted from operating logistics and manufacturing services to running an AI-powered marketplace that matches hardware companies with suppliers.4 min read
BusinessDeutsche Telekom expects sizeable AI-driven revenue growth and cost savingsAt its AI Investor Day in Bonn, Deutsche Telekom presented how it is deploying AI across customer service, network operations, industrial clouds and SME platforms, projecting measurable revenue and cost benefits.3 min read
BusinessParallel Systems raises $100M to deploy autonomous battery rail vehicles for short-haul freightParallel Systems, founded in 2020 by former SpaceX engineers, has developed the Panther — a battery-powered, operatorless rail vehicle that can carry several tons up to 500 miles.3 min read
BusinessAnthropic expands the pool of founders eligible for the Claude Startups programAnthropic announced that the Claude Startups program will be made available to more founders; participants can use the Claude Team service for one year, receive API credits, device discounts, and consultation (office hours) with the Anthropic Applied AI team.1 min read
BusinessEx-Ramp Engineers Relaunch as Melius, Raise $25M to Build AI Creative-Generation PlatformMelius, founded by former Ramp engineers, raised $25 million — a $20 million Series A led by CRV and a $5 million seed led by General Catalyst — to scale an AI platform that generates ad campaigns, images and videos.3 min read
BusinessAI pushes Wall Street giants into joint investmentsArtificial intelligence projects are driving rival Wall Street firms into unusually large joint investments, diluting the traditional goal of differentiated outperformance.3 min read
BusinessLambda Seeks Up to $4B at $14.5B Valuation Ahead of Planned 2027 IPOCloud provider Lambda is aiming to raise between $1 billion and $4 billion in what may be its final private funding round before a targeted 2027 IPO, with Coatue Management and Blackstone leading the deal.2 min read
