Artificial Intelligence

GovWell: $25 Million Series A Raised For AI Government Operating System

By Amit Chowdhry ● May 18, 2026

GovWell announced it has raised $25 million in Series A funding in a round led by Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The financing also included investments from GovTech industry leaders David Reeves, former president and CRO of OpenGov, Andreas Huber, founder and CEO of First Due, and Chris Bullock, founder and former CEO of ClearGov.

IBM: New Forward Deployed Units Model Aims To Accelerate Enterprise AI Deployment

By Amit Chowdhry ● May 17, 2026

IBM announced the launch of a new AI delivery model called Forward Deployed Units (FDUs), which the company says is designed to help enterprises move artificial intelligence initiatives from experimentation into large-scale production environments faster and more efficiently.

OpenAI: New Personal Finance Experience In ChatGPT Lets Pro Users Connect Financial Accounts And Get Money Insights

By Amit Chowdhry ● May 17, 2026

OpenAI announced a preview of a new personal finance experience in ChatGPT for Pro users in the U.S., enabling users to securely connect financial accounts, view spending dashboards, and ask questions grounded in their financial data and personal goals.

Meta: Neural Handwriting, Display Recording, Live Captions, Expanded Navigation And Developer Tools Roll Out On Ray-Ban Display

By Amit Chowdhry ● May 17, 2026

Meta Platforms has unveiled a major software update for its Meta Ray-Ban Display smart glasses, marking six months since the launch of what the company describes as its “most advanced AI glasses ever built.” The update introduces a series of new consumer- and developer-focused capabilities as Meta continues to push deeper into wearable computing and AI-powered hardware.

OpenAI Reportedly Acquires Voice-Cloning Startup Weights.gg

By Amit Chowdhry ● May 17, 2026

OpenAI has reportedly acquired AI voice-cloning startup Weights.gg, a company known for tools that allowed users to create and share synthetic voices modeled after celebrities, musicians, fictional characters, and political figures, according to The New York Times. The acquisition included the startup’s intellectual property and a small team of employees, although financial terms were not disclosed.

OpenAI Partners With Malta To Provide Free AI Access For Citizens

By Amit Chowdhry ● May 16, 2026

OpenAI and the Government of Malta announced a partnership to provide ChatGPT Plus access to all Maltese citizens through a new national initiative focused on AI literacy and practical skills development.

Sprouts.ai: $9 Million Pre-Series A Raised To Scale AI Revenue Agents For B2B Enterprises

By Amit Chowdhry ● May 15, 2026

Sprouts.ai announced that it has raised $9 million in a Pre-Series A funding round led by True Global Ventures and Accel, bringing the company’s total funding to $14 million. The company is building AI-native Revenue Agents powered by a proprietary go-to-market data layer designed for B2B enterprises.

Blackbaud Announces New AI Product Innovations To Reinforce Data, Context, And Trust Strategy

By Amit Chowdhry ● May 15, 2026

Blackbaud announced a new wave of AI-powered product innovations designed to strengthen its position in the social impact software market, with the company emphasizing that long-term competitive advantage in AI will come from trusted systems deeply embedded into customer workflows rather than standalone generative AI features.

xAI: Grok Build Launches Early Beta Coding Agent CLI

By Amit Chowdhry ● May 15, 2026

xAI today announced the launch of Grok Build, a new agentic coding CLI designed for professional software engineering, application development, and workflow automation. The product is now available in early beta for SuperGrok Heavy subscribers.

Elephant: €5 Million Raised For AI-Powered Operational Learning Platform

By Amit Chowdhry ● May 15, 2026

Elephant Company announced that it has completed a financing round of more than €5 million to expand its AI-powered learning and knowledge platform for operational teams. The funding round was led by EnBW New Ventures and WEPA, with participation from business angels connected to Flix, home24 SE, SB21, Ventic Ventures, and topi.

WIRobotics: About $68 Million Series B Raised To Advance Humanoid Robotics And Physical AI

By Amit Chowdhry ● May 15, 2026

WIRobotics announced it has secured KRW 95 billion (approximately USD 68 million) in Series B funding as the company accelerates development of its humanoid robotics and Physical AI technologies. The financing comes about two years after the company’s KRW 13 billion Series A round in March 2024 and reflects increasing investor confidence in WIRobotics’ commercialization strategy and next-generation robotics platform.

Multiverse: $70 Million Raised At $2.1 Billion Valuation To Expand AI Upskilling Platform Across Europe

By Amit Chowdhry ● May 15, 2026

Multiverse announced it has raised $70 million in primary funding to accelerate its growth across Europe, reaching a $2.1 billion valuation. The investment round was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group.

OpenAI: Codex Expands To Mobile App, Bringing AI Coding Workflows To Phones

By Amit Chowdhry ● May 14, 2026

OpenAI announced that ChatGPT users can now access Codex directly from their phones through a new preview rollout in the ChatGPT mobile app, allowing developers and teams to monitor, guide, and collaborate with AI-powered coding workflows from anywhere.

Cerebras Systems: $5.55 Billion IPO Becomes One Of 2026’s Biggest AI Market Debuts

By Amit Chowdhry ● May 14, 2026

Cerebras Systems, an artificial intelligence chipmaker focused on high-performance AI inference and computing infrastructure, completed one of the most successful public market debuts of 2026 after raising $5.55 billion in its initial public offering.

Anthropic: $200 Million Partnership With Gates Foundation

By Amit Chowdhry ● May 14, 2026

Anthropic announced a $200 million partnership with the Gates Foundation to expand the use of AI across global health, life sciences, education, and economic mobility initiatives over the next four years.

NEC: CSG Systems Acquisition Completed To Expand AI-Driven Digital Services Platform

By Amit Chowdhry ● May 14, 2026

NEC Corporation announced that it has completed its acquisition of CSG Systems International, with its wholly owned subsidiary Netcracker Technology set to lead the combined business operations and integration efforts.

Graphon AI: $8.3 Million Seed Raised For Pre-Model Intelligence Layer

By Amit Chowdhry ● May 14, 2026

Graphon AI emerged from stealth with $8.3 million in seed funding to build what it describes as the first pre-model intelligence layer designed to help AI systems reason across complex multimodal enterprise data. The round was led by Novera Ventures founder and managing director Arvind Gupta, with participation from Perplexity Fund, Samsung Next, GS Futures, Hitachi Ventures, Gaia Ventures, B37 Ventures, and Aurum Partners.

Mongoose AI: Seed Extension Raised To Launch Governed AI Agents For Health Plans

By Amit Chowdhry ● May 14, 2026

Mongoose AI announced the launch of a new category of governed AI agents designed specifically for health plans, alongside an oversubscribed seed extension co-led by Vertical Venture Partners. The funding round also included participation from Overstory Partners, Connecticut Innovations, and a group of strategic healthcare executives, including current and former chief information officers and customer experience leaders from national and regional health plans.

Iceotope: $26 Million Raised For AI Infrastructure Liquid Cooling Technology

By Amit Chowdhry ● May 14, 2026

Iceotope announced it has raised $26 million in Series B funding to accelerate the development of its precision liquid-cooling technology for next-generation AI infrastructure. The round was led by Two Seas Capital and Barclays Climate Ventures, with participation from existing investors Edinv, ABC Impact, Northern Gritstone, and British Patient Capital.

Flick: $6 Million Raised For AI-Native Filmmaking Platform

By Amit Chowdhry ● May 14, 2026

Flick, an AI-native filmmaking platform founded by Zoey Zhang and Ray Wang, announced it has raised $6 million in seed funding. The round included backing from True Ventures, GV, Y Combinator, Lightspeed, Formosa Capital, Pioneer Fund, Olive Tree Capital, N1, and angel investors.

Amberd.ai Partners With RL Jones To Streamline Tariff Refunds And Cross-Border Logistics Operations Using AI

By Amit Chowdhry ● May 14, 2026

Amberd.ai announced a partnership with R.L. Jones Customhouse Brokers to deploy an AI decision platform designed to streamline tariff refund management and cross-border logistics operations tied to IEEPA tariff processes.