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Against the backdrop of artificial intelligence (AI) gradually permeating various industries, Thrive Holdings — established by renowned venture capital firm Thrive Capital — joins hands with ZBS Partners to invest $100 million in a new platform aimed at bringing AI technology into the IT services sector. This entity named Shield Technology Partners has successfully acquired four IT service companies, including

In recent tech news, Telegram CEO Pavel Durov announced a major partnership agreement with Elon Musk's xAI. According to the agreement, xAI will pay $300 million to Dubai-based communications platform Telegram to deploy its latest artificial intelligence chatbot, Grok. This partnership is valid for one year, and Durov stated that this move will significantly enhance Telegram's financial position. Grok is launched by xAI

Recently, the San Francisco-based startup Spott announced it had raised $3.2 million in seed funding with the goal of building an AI-native recruitment platform to help recruitment agencies streamline processes and eliminate technical fragmentation. The round was led by Base10Partners, with participation from Y Combinator, Fortino, True Equity, and several angel investors. Spott has just completed the Y Combinator 2025 Winter Accelerator.

On April 28, Kimi, the intelligent assistant from Moonlit Face Technology Co., Ltd., announced an official content partnership with Caixin Media. This collaboration will provide users with more professional and reliable financial content, marking a significant step for Kimi in the financial information sector.

San Francisco-based Virtue AI today announced $30 million in seed and Series A funding. The round was led by Lightspeed Venture Partners and Walden Catalyst Ventures, with participation from several other investors, including Prosperity7. Virtue AI is dedicated to eliminating the traditional trade-off between AI innovation and security, helping enterprises deploy AI safely and efficiently.

Toyota's materials handling and warehousing solutions division in Thailand has announced a partnership with AI security and cyber intelligence provider Gorilla to develop smart warehouse automation tools. The collaboration combines Gorilla's AI solutions with Toyota's expertise in logistics and materials handling to create innovative smart factory solutions. These tools will address real-world challenges in daily operations such as incorrect parts requests, low warehouse efficiency, and high costs associated with work delays, thereby leveraging smart technology.

UK-based startup Synthesia, which uses AI to generate realistic avatars, has signed a licensing agreement with US stock video company Shutterstock to leverage Shutterstock's extensive video library to enhance the realism of its technology. While the financial terms of the deal remain undisclosed, Synthesia stated that this will help their latest AI model better capture human expressions, vocal tones, and body language. Synthesia creates digital...

Infosys has partnered with the ABB FIA Formula E World Championship to launch an AI-powered analytics platform called the "Formula E Stats Centre." This innovative platform aims to provide fans with real-time race insights, enabling a deeper understanding of their favorite teams and drivers. The Formula E Stats Centre leverages Infosys' AI solutions to deliver real-time race data, interactive statistics, and

Yuanding Intelligent recently completed a strategic financing round of nearly 1 billion RMB (approximately $100 million USD). This round was led by Fluidra, a major player in the pool industry, with participation from new investor Yunqi Capital and existing investors. This financing marks a strategic turning point for Yuanding Intelligent, enabling it to penetrate global professional pool channels and transition from online leadership to full-channel penetration. Fluidra, with over 50 years of industry experience and operations spanning 47 countries, boasts well-known brands across Europe and America. Its global distribution network and other resources will support Yuanding Intelligent's transformation. Image Note: Image generated by AI, image licensing provided by Midjourney.

Elon Musk's xAI is collaborating with Nvidia, Microsoft, and BlackRock to significantly increase investment in artificial intelligence infrastructure. This partnership aims to accelerate advancements and development in the field of AI.

Global management and technology consultancy Capco recently announced a partnership with OpenAI to accelerate the transformative impact of artificial intelligence (AI) within top financial institutions. This collaboration combines OpenAI's innovative technologies, renowned for ChatGPT and other cutting-edge AI models, with Capco's deep expertise in financial services and Generative AI (GenAI) capabilities to deliver powerful solutions that help clients achieve transformative outcomes.

Alibaba Cloud has partnered with ten universities and government agencies, including the National University of Singapore and Thailand's Digital Economy Promotion Agency, to launch AI and cloud computing training programs. This collaboration spans seven major Asian countries and regions, including Thailand, Singapore, and Hong Kong, aiming to cultivate digital talent. Alibaba Cloud will jointly establish a Skills Center in Singapore with the National University of Singapore's Research & Analytics Institute and Macroview International Management Institute. This center will provide cutting-edge training in big data and AI for students and working professionals.

A major transformation is underway in Japan's display industry. Sharp Corporation, once a giant in large LCD panel production for televisions, completely ceased production at its Sakai Display Products Corporation (SDP) in 2024, marking the end of an era for large-size LCD panel manufacturing in Japan. However, the once-dormant factory is poised for a new life. According to the Nikkei Shimbun, SoftBank Group officially signed an agreement this Friday to invest approximately 100 billion yen (approximately 4.877 billion yuan) to acquire this Sharp facility in Sakai City, Osaka Prefecture.

AI agent tool Manus announced a strategic partnership with Alibaba's Tongyi Qianwen to launch a Chinese version. This collaboration will leverage Tongyi Qianwen's open-source model and utilize domestic computing platforms to implement Manus' full functionality, aiming to provide Chinese users with a more convenient and efficient AI application experience. Manus is a project incubated by the startup Monica.im, founded in July 2023, which focuses on developing consumer-oriented AI tools and browser extensions. The founding team...