Artificial Intelligence

Wells Fargo Launches Advisor Gateway Platform With AI-Powered Tools For Financial Advisors

By Amit Chowdhry ● May 8, 2026

Wells Fargo announced the launch of Advisor Gateway, a modernized desktop technology platform designed for financial advisors across its Wealth & Investment Management business.

Addepar Launches ADX To Enable Enterprise Data Activation And AI Workflows At Scale

By Amit Chowdhry ● May 8, 2026

Addepar announced the launch of Addepar Data Exchange (ADX), a managed data environment designed to help investment firms unify, govern, and activate investment data across systems, workflows, analytics, and AI applications.

OpsMill: $14 Million Series A Raised To Expand Infrastructure Automation Platform

By Amit Chowdhry ● May 8, 2026

OpsMill announced it raised $14 million in Series A financing to accelerate development of its infrastructure automation and AIOps platform, Infrahub.

FIS Partners With Anthropic To Launch Agentic AI Platform For Banking, Starting With Financial Crimes

By Amit Chowdhry ● May 8, 2026

FIS announced a partnership with Anthropic to bring agentic artificial intelligence capabilities to banking, beginning with the launch of a Financial Crimes AI Agent designed to automate anti-money laundering investigations.

Cisco To Acquire Astrix Security To Expand AI Agent And Non-Human Identity Security Capabilities

By Amit Chowdhry ● May 8, 2026

Cisco announced its intent to acquire Astrix Security, a cybersecurity company focused on non-human identity security and AI agent governance. Financial terms of the proposed transaction were not disclosed.

CodeWords: $9 Million Seed Round Raised For Conversational AI Automation Platform

By Amit Chowdhry ● May 8, 2026

CodeWords announced a $9 million seed financing round led by Visionaries, with participation from firstminute capital, Sequel, Illusian, and a group of angel investors including executives and founders from companies such as ElevenLabs, Personio, Miro, Supercell, HubSpot, and others.

Jetty: Over $2 Million Raised For Agentic AI Infrastructure Platform

By Amit Chowdhry ● May 7, 2026

Jetty announced it raised more than $2 million in pre-seed funding to accelerate development of infrastructure designed to support reliable deployment of autonomous AI agents in production environments. The financing round was led by AQC Capital and Hidden Layers Capital, with participation from Mila Ventures, Akinox, and angel investors with experience scaling AI systems at companies including Google and Meta AI.

Corgi: $160 Million Series B Raised To Expand AI-Native Insurance Platform

By Amit Chowdhry ● May 7, 2026

Corgi announced it raised $160 million in Series B financing at a $1.3 billion valuation to support the expansion of its AI-native, full-stack insurance platform into additional industry verticals. The financing round was led by TCV and included participation from existing and new investors, including Oliver Jung, Leblon Capital, Kindred Ventures, Repeat VC, Zone 2 Ventures, Audeo Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Maiora Ventures, Nordstar, Seven Stars Ventures, Hexa Capital, Alpha Square Group, GSBackers, OurCrowd, Alumni Ventures, Global Growth Fund, and other strategic investors.

Jurisphere Raises $2.2 Million To Build Outcome-Based Legal AI Platform

By Amit Chowdhry ● May 7, 2026

Jurisphere.ai announced it has raised $2.2 million in funding from institutional investors, including InfoEdge Ventures, Flourish Ventures, Antler, and 8i Ventures, as the company expands its AI-powered legal services platform.

Vori: $22 Million Series B Raised To Build AI Operating System For Grocery Stores

By Amit Chowdhry ● May 7, 2026

Vori announced it raised $22 million in Series B financing led by Cherryrock Capital, with participation from Greylock Partners and The Factory, led by Stanford AI researcher Chris Ré.

Moonlight AI: $3.3 Million Seed Round Raised For AI-Powered Hematology Diagnostics Platform

By Amit Chowdhry ● May 7, 2026

Moonlight AI AG announced the closing of a $3.3 million seed financing round to support the development of AI-powered diagnostic software for hematology and oncology laboratories. The funding round was co-led by Lotus One Investment, VP Venture Partners, and MEDIN Fund, with participation from N&V Capital and existing investor QAI Ventures.

Skeleton Technologies: €33 Million First Close Completed For Pre-IPO Funding Round

By Amit Chowdhry ● May 7, 2026

Skeleton Technologies announced the first close of a larger pre-IPO financing round with an initial €33 million investment, bringing the company’s total venture capital funding to approximately €392 million ahead of its planned U.S. initial public offering in 2027.

Moonshot AI: $2 Billion Funding Round Values Kimi Chatbot Maker Above $20 Billion

By Amit Chowdhry ● May 7, 2026

Moonshot AI, the Chinese artificial intelligence startup behind the Kimi chatbot platform, raised approximately $2 billion in a new financing round that values the company at more than $20 billion. The funding round was led by Meituan’s venture investment arm.

CollectivIQ: Interview With CEO John Davie About The AI Consensus Platform For Business Intelligence

By Amit Chowdhry ● May 7, 2026

CollectivIQ is an AI consensus platform for business intelligence that simultaneously queries leading LLMs, including ChatGPT, Claude, Grok, and Gemini, to synthesize, annotate, and deliver a single, verified, and high-quality response. Ultimately, CollectivIQ reduces reliance on a single AI vendor and minimizes hallucinations and bias. Pulse 2.0 interviewed CollectivIQ CEO John Davie to learn more.

Anthropic: Higher Claude Usage Limits Introduced Following SpaceX Compute Partnership

By Amit Chowdhry ● May 7, 2026

Anthropic announced a new compute partnership with SpaceX alongside expanded usage limits for Claude Code and the Claude API as demand for the company’s AI services continues to grow.

ServiceNow And Accenture: Forward Deployed Engineering Program Launched To Scale Agentic AI

By Amit Chowdhry ● May 7, 2026

ServiceNow and Accenture announced the launch of a Forward Deployed Engineering program designed to help enterprises scale agentic artificial intelligence workflows across their organizations.

NVIDIA And Corning: Long-Term Partnership Expands U.S. AI Infrastructure Manufacturing

By Amit Chowdhry ● May 7, 2026

NVIDIA and Corning announced a multiyear commercial and technology partnership aimed at expanding U.S.-based manufacturing capacity for optical connectivity products used in artificial intelligence infrastructure.

Google: Gemma 4 Multi-Token Prediction Drafters Released To Accelerate AI Inference

By Amit Chowdhry ● May 7, 2026

Google announced the release of Multi-Token Prediction drafters for the Gemma 4 family of open AI models, introducing speculative decoding capabilities designed to significantly improve inference speed and responsiveness for developers.

Tessera Labs: $60 Million Funding Raised For AI-Powered ERP Modernization Platform

By Amit Chowdhry ● May 7, 2026

Tessera Labs announced it raised $60 million in oversubscribed funding led by Andreessen Horowitz to accelerate development of its AI-native enterprise transformation platform. Foundation Capital, Myriad Venture Partners, and Osage University Partners also participated in the financing round.

District: $14.7 Million Seed Funding Raised For AI Commerce Platform

By Amit Chowdhry ● May 7, 2026

District announced it raised $14.7 million in seed funding led by Andreessen Horowitz and Kindred Ventures, with participation from Greylock Partners and a group of angel investors and operators from the technology and commerce sectors.

Lumen Technologies: $475 Million Alkira Acquisition Advances AI-Era Networking Platform

By Amit Chowdhry ● May 7, 2026

Lumen Technologies announced an agreement to acquire Alkira for $475 million in cash, a move designed to accelerate the company’s digital platform strategy and expand its cloud-native networking capabilities for enterprise customers operating in hybrid and multi-cloud environments.

Aramco And IBM Announce Collaboration To Advance AI And Innovation Across Saudi Arabia’s Industrial Sector

By Amit Chowdhry ● May 7, 2026

Aramco and IBM have announced an intended collaboration to advance artificial intelligence, agentic AI, automation and material science across the industrial sector in Saudi Arabia. The announcement was made at THINK Boston, IBM's global flagship event, in the presence of IBM Chairman and CEO Arvind Krishna and Aramco Senior Vice President of Digital & Information Technology Sami Al Ajmi.

OpenAI Launches GPT-5.5 Instant As New Default Model With Improved Accuracy And Personalization

By Amit Chowdhry ● May 7, 2026

OpenAI has updated ChatGPT's default model to GPT-5.5 Instant, replacing GPT-5.3 Instant for all users. The update delivers stronger factual accuracy, more concise responses and improved personalization by making better use of context users have already shared across conversations.

IBM Db2 Genius Hub Expands AI Inferencing Support To Google Vertex AI And Intel Gaudi

By Amit Chowdhry ● May 7, 2026

IBM has announced that its Db2 Genius Hub now supports Google Vertex AI and Intel Gaudi AI accelerators, expanding the platform's options for AI inferencing beyond its existing support for Amazon Bedrock, AMD Instinct accelerators and NVIDIA H100 GPUs. The update gives enterprise customers greater flexibility in building and scaling AI inferencing workloads.

Altara Raises $7 Million In Seed Funding To Accelerate Scientific And Industrial Breakthroughs With Agentic AI

By Amit Chowdhry ● May 6, 2026

Altara, an AI company building a scientific intelligence platform for research and development through manufacturing, has announced $7 million in seed funding led by Greylock, with participation from Neo, BoxGroup, and Liquid 2 Ventures, along with angel investors including Jeff Dean and leadership at OpenAI and AMD.

Raymond James Unveils New AI Capabilities And Technology Enhancements To Elevate Advisor And Client Experience

By Amit Chowdhry ● May 6, 2026

Raymond James is showcasing new artificial intelligence capabilities and technology enhancements at Elevate, its national conference for independent financial advisors, reflecting the firm's commitment to delivering advisor-first technology designed to support service and enhance the client experience across all affiliations.

Spring Labs: $5 Million Raised For AI-Native Compliance Platform For Financial Institutions

By Amit Chowdhry ● May 6, 2026

Spring Labs announced it raised $5 million in funding led by BankTech Ventures and Haymaker Ventures to expand its AI-native compliance and operations platform for financial institutions. The company said the funding will support growth beyond AI complaint and dispute agents into a broader compliance workflow and agent orchestration platform for banks, sponsor banks, and fintechs.

Elastics: $2 Million Raised For AI Agents For Prediction Markets

By Amit Chowdhry ● May 6, 2026

Elastics, an AI-native operating system for prediction markets, announced it has raised $2 million in an oversubscribed pre-seed funding round led by Frst. The round also included angel investors from across the AI and crypto sectors, including the co-founders of ElevenLabs, partners from XBTO, an Andreessen Horowitz scout, and a RedStone co-founder.

SAP: Acquisition Of Dremio To Expand AI Data Integration And Lakehouse Capabilities

By Amit Chowdhry ● May 6, 2026

SAP announced it has agreed to acquire Dremio, an open high-performance data lakehouse platform designed to accelerate agentic AI and expand SAP Business Data Cloud’s ability to combine SAP and non-SAP data for analytical and AI workloads in real time. Financial terms of the transaction were not disclosed.

Fathom Secures Strategic Investment From CVS Health Ventures For Autonomous Medical Coding Platform

By Amit Chowdhry ● May 6, 2026

Fathom, an AI-powered autonomous medical coding company, announced a strategic investment from CVS Health Ventures, the venture capital arm of CVS Health, to accelerate the adoption of enterprise-wide autonomous coding across healthcare organizations.