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Skylark Labs Eyes $150 Million Funding at $1 Billion Valuation to Scale AI-Powered Defense Technology

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Skylark Labs

California-based artificial intelligence startup Skylark Labs is reportedly in advanced discussions to raise between $100 million and $150 million in a new funding round that could value the company at more than $1 billion, positioning it to join the growing list of AI unicorns. The company, which develops AI-powered autonomous systems for defense, border security, … Read more

EXL to Acquire iMerit in $310 Million Deal

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EXL to acquire iMerit Technology

Artificial intelligence is rapidly moving from experimentation to enterprise-wide deployment, and organizations are increasingly seeking partners capable of building trustworthy, domain-specific AI solutions. In one of the biggest AI-focused acquisitions of the year, EXL (NASDAQ: EXLS) has announced a definitive agreement to acquire AI model training and reinforcement learning specialist iMerit in a transaction valued … Read more