Covering Scientific & Technical AI | Saturday, June 6, 2026

Orby AI Raises $30M to Enhance AI Capabilities for Complex Workflow Automation

MOUNTAIN VIEW, Calif., June 28, 2024 -- Orby AI has announced the closing of its series A round of financing, raising $30 million from world-class investors. The round was ...Full Article

Axelera AI Raises $68M Series B Funding to Accelerate Next-Gen AI

June 27, 2024 -- Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced its successful close of an oversubscribed ...Full Article

Vultr Unveils New Research Highlighting AI Maturity’s Impact on Business Success

WEST PALM BEACH, Fla., June 27, 2024 -- Vultr today released a new industry report, The New Battleground: Unlocking the Power of AI Maturity with Multi-Model AI. The new study ...Full Article

Bearing AI Expands AI-Powered Deployment Planner to Tramp Shipping

PALO ALTO, Calif., June 27, 2024 -- Following the success of its Deployment Planner for liner shipping companies, Bearing AI has announced a set of powerful new features designed ...Full Article

European Commission Awards Large AI Grand Challenge Prizes to European AI Startups and SMEs

June 27, 2024 -- The European Commission announced the winners of the Large AI Grand Challenge: four innovative AI start-ups from Europe will share the prize of €1 million ...Full Article

Lenovo Launches New Suite of AI Solutions for Enterprise

June 26, 2024 -- Lenovo today unveiled new comprehensive enterprise AI solutions designed to help any company develop and deploy AI with turnkey services, business-ready vertical solutions and energy-efficient ...Full Article

Oracle’s HeatWave GenAI Brings LLMs and Automated Vector Store to Databases

AUSTIN, Texas, June 26, 2024 -- Oracle today announced the general availability of HeatWave GenAI, which includes the industry's first in-database large language models (LLMs), an automated in-database vector ...Full Article

US Lawmakers Call for AI Oversight in Medicare Coverage

WASHINGTON, June 26, 2024 -- Reps. Jerrold Nadler (NY-12), Judy Chu (CA-28), and Sen. Elizabeth Warren (MA) led 45 House Members and 4 Senators in a bicameral, bipartisan letter this ...Full Article

Gartner Poll Finds 55% of Organizations Have an AI Board

STAMFORD, Conn., June 26, 2024 -- A recent Gartner, Inc. poll of more than 1,800 executive leaders, revealed that 55% of organizations have an AI board. The poll also ...Full Article

Weights & Biases Receives Recognition from DOD’s Defense Innovation Unit

SAN FRANCISCO, June 26, 2024 -- Weights & Biases, the AI developer platform, announced it received a memorandum of success from the Department of Defense (DOD) Defense Innovation Unit (DIU) ...Full Article
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