LONDON: Technologies New Energy plc (LSE: TNE), a UK-based energy transition company, said on Thursday it has acquired Diverfuel S.A., the developer of a digital platform for clean fuel and green chemical production, as part of its strategy to enhance industrial decarbonisation. The Diverfuel Platform is a scalable SaaS/PaaS middleware solution that integrates IoT and…
Tag: AI
Aurelian raises $14 million to expand AI-powered 911 call automation across U.S.
SAN FRANCISCO: Aurelian, a fast-growing AI startup specializing in non-emergency call automation for 911 centers, announced Thursday it has raised $14 million in Series A funding. The round was led by NEA, with continued support from Y Combinator, FUSE, Liquid 2, and Palm Drive Capital. The company plans to use the investment to expand its…
Coral Bridge subsea cable links Egypt and Jordan, boosting regional digital infrastructure
AQABA: NaiTel, the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have completed the laying of the Coral Bridge subsea cable, the first direct digital link between Egypt and Jordan in more than 25 years. The 15-kilometer express cable, equipped with 48 fiber pairs, connects Taba, Egypt, to Aqaba, Jordan, across the Gulf…
Datasite acquires Sourcescrub to expand AI-powered M&A platform
MINNEAPOLIS: Datasite, a global software-as-a-service provider specializing in artificial intelligence-powered solutions for mergers and acquisitions, announced today it has acquired Sourcescrub, a California-based provider of deal-sourcing data and workflows. The acquisition from Francisco Partners is the latest move in Datasite’s strategy to enhance its offerings for M&A professionals. The Sourcescrub acquisition follows a $500 million…
WPP Plc sees challenging first half, reports declines amid client spending pressures and restructuring efforts
For the first six months of 2025, WPP’s revenue dropped to £6.66 billion, a 7.8% decrease LONDON: WPP Plc, one of the world’s largest advertising and marketing services companies, reported a challenging first half of 2025, with declines across key financial metrics as a result of client spending pressures and a slower new business environment….
Wall Street edges to new record amid mixed earnings and tariff talk
Dow Jones rises 179 points to extend winning streak as healthcare stocks lift sentiment amid tech weakness U.S. stocks inched to fresh highs Tuesday, as investors digested mixed corporate earnings and updates on trade policies. While the S&P 500 marked its 11th record close of the year, declines in key tech names weighed on broader…
Defense startup Hadrian secures $260 million to expand U.S. manufacturing capacity
LOS ANGELES: U.S. defense manufacturing startup Hadrian announced on Thursday the close of a $260 million Series C funding round, led by Founders Fund and Lux Capital, to significantly expand its production facilities aimed at bolstering American naval defense capabilities. The Hawthorne, California-based company, which uses automation, robotics, and artificial intelligence to produce precision machine…
Jayride launches SaaS platform for ground transportation industry
SYDNEY: Jayride Group Limited (ASX: JAY), a global ground transportation technology company, announced the launch of a new B2B Software-as-a-Service (SaaS) platform designed to streamline operations for transport providers. The platform aims to address key industry challenges, including delayed payments, manual processes and fragmented systems. The SaaS offering, branded as “Powered by Jayride,” integrates payment…
Diskover secures $7.5 million seed funding; Partners with Snowflake and NetApp, acquires CloudSoda
LOS ANGELES: Diskover, a leader in helping enterprises manage unstructured data at exabyte scale, announced Tuesday a series of major milestones: closing a $7.5 million seed funding round, forming partnerships with Snowflake and NetApp — both of which are now investors — and acquiring data intelligence platform CloudSoda. The moves mark a significant expansion for Diskover,…
Integrating Yahoo Finance with AI to Forecast Market Trends and Inform Business Decisions
In the ever-evolving landscape of technology, Artificial Intelligence (AI) stands out as a revolutionary force, particularly in the realm of financial forecasting. AI refers to the simulation of human intelligence in machines that are programmed to think and learn. Its relevance in financial forecasting cannot be overstated; AI algorithms can analyze vast amounts of data,…
Altimetrik hires Adam Caplan as President of Digital Business and AI
Altimetrik, a pure-play digital business services company, has announced the appointment of Adam Caplan as President of Digital Business and AI. Caplan will report to CEO Raj Sundaresan and lead the company’s digital and AI initiatives across various industries. Caplan is a veteran in enterprise technology adoption, having served as the Senior Vice President of…
Entrada receives strategic investment from Databricks Ventures
Entrada, a leading Databricks consulting and implementation services firm, has secured a strategic investment from Databricks Ventures, the investment arm of the Data and AI company. The investment will help Entrada scale its next leg of growth and deliver industry-focused AI + data solutions to its customers. Entrada’s CEO, Trey Roldan, said that the investment…