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
Bengaluru | Mumbai: Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will function as a dedicated Physical AI hub designed to accelerate the development, testing, and deployment of AI-driven … Read more
Mumbai: Digital transformation and AI solutions company UST has announced a strategic alliance with Anthropic, the company behind the Claude family of AI models, to help Global 1000 enterprises accelerate enterprise-wide AI adoption. As part of the collaboration, UST will integrate Claude across its engineering platforms, enterprise solutions, consulting services, and internal operations while training … Read more
Bengaluru: Physical AI startup Mowito has secured $3 million in a pre-seed funding round to expand its AI-powered industrial robotics platform and strengthen its global presence. The investment round was led by Version One Ventures, with participation from All In Capital, Unisol, iSeed, and a group of prominent angel investors. The angel investors include Soumith … Read more
New Delhi: Thailand-based Amity Robotics, a startup developing AI-powered robots for customer-facing real-world applications, has raised US$7 million in a seed funding round through a combination of equity and debt financing. The fresh capital will support product innovation, international expansion and the commercial launch of the company’s first mobile robot, ARC Move. The funding round … Read more
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
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
The past seven days delivered a concentrated burst of robotics news that, taken together, paint a picture of an industry shifting from proof-of-concept to mass deployment. From factory floors to living rooms, from Chinese EV boardrooms to a sprawling Arizona desert test track, the machines are advancing on every front. XPeng’s CEO Takes Personal Control … Read more
