Enterprise software company ServiceNow has acquired Israeli AI startup ai.work as part of its ongoing expansion in Israel and broader strategy to strengthen its artificial intelligence capabilities. While the companies have not officially disclosed the financial terms, the transaction is reportedly valued at tens of millions of dollars. The acquisition reinforces ServiceNow’s focus on building … Read more
SPHERE AX, a specialist in Vision AI and Edge AI Computing, has signed a strategic Memorandum of Understanding (MoU) with California-based AI semiconductor company Blaize Holdings to jointly develop and commercialize next-generation AI-powered solutions. The partnership is designed to strengthen both companies’ positions in the rapidly growing Physical AI market, which focuses on embedding artificial … Read more
Sona BLW Precision Forgings Limited (Sona Comstar) has approved a capital expenditure of ₹62.6 crore to establish a new business focused on manufacturing advanced robotics components and systems. The move marks a significant step in the company’s diversification strategy as it expands beyond its core automotive business into the rapidly growing robotics and automation sector. … Read more
German robotics company Neura Robotics has secured a landmark Series C funding round worth up to $1.4 billion, attracting support from some of the world’s biggest technology companies and investors as competition intensifies in the rapidly growing humanoid robotics sector. The funding round includes participation from major global players such as Nvidia, Amazon, Qualcomm, Tether, … Read more
Siemens AG and Capgemini have announced an expansion of their long-standing strategic partnership to co-develop AI-native digital solutions designed to revolutionize product engineering, manufacturing, and operations. Unlike traditional tools that integrate AI as an add-on, these new solutions will embed artificial intelligence at their core from inception — driving measurable impact across efficiency, sustainability, quality, … Read more
