The ceremony was scheduled. The CEOs were on the guest list. And then it wasn’t happening. On Thursday, US President Donald Trump scrapped a planned AI executive order, which had already been delayed multiple times, citing concerns that it might erode America’s competitive edge over China. “We’re leading China, we’re leading everybody, and I don’t…

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Insider Brief ANSCER Robotics raised $5.4 million in a Series A round led by IAN Group, with participation from Info Edge Ventures and angel investors, as the company looks to expand its industrial automation business globally. The funding will support development of AI-powered robotics systems in India while accelerating expansion across the U.S., Europe and…

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Insider Brief IXSAR Capital launched a venture platform focused on investing in startups across space technology, autonomy and robotics, targeting companies building intelligent systems and physical AI infrastructure. IXSAR plans to work with technical founders developing systems for complex environments spanning sectors such as mobility, industrial operations and infrastructure. IXSAR said its model extends beyond…

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Insider Brief Imperagen raised £5 million in seed funding led by PXN Ventures, with participation from IQ Capital and Northern Gritstone, bringing total funding for the Manchester Institute of Biotechnology spinout to £8.5 million. According to the company, the funding will support expansion of its AI and quantum-driven enzyme engineering platform, laboratory operations and commercial…

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Insider Brief Hark raised more than $700 million in an oversubscribed Series A round at a $6 billion valuation to develop AI systems and AI-native hardware designed to create more personalized human-machine interaction. The round was led by Parkway Venture Capital and included Nvidia, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime…

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Insider Brief Hellbender raised $12.5 million in seed funding co-led by Magarac Venture Partners and Veredas Partners, with participation from Mana Ventures, Gaingels, Sum VC and Active Angels Network, to scale edge AI platforms and manufacturing. The funding will support growth across product development, hiring and production as Hellbender expands from custom engineering work into…

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Insider Brief Text introduced AI selling agents and workflow tools designed to move customer service beyond support functions and into revenue generation through AI-driven sales and customer engagement. The new Shopify-integrated AI agents can identify customer intent, recommend products, qualify leads and complete transactions within chat while escalating to humans when needed. Text also launched…

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Nvidia has reported record quarterly revenue of $81.6 billion for the three months ending April 26, up twenty percent from the previous quarter, driven by $75.2 billion in data centre revenue. The company forecast $91 billion for the coming quarter and authorised $80 billion in share repurchases. CFO Colette Kress said the company’s Blackwell architecture…

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Figma has introduced its own AI agent embedded directly into its collaborative design canvas, allowing users to generate new designs, edit existing ones, and automate repetitive tasks through natural language prompts. Multiple agents can run simultaneously on the same canvas, and the company says the underlying models are fine-tuned specifically for design contexts. The move…

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Insider Brief August Robotics raised $30 million in a Series B round led by Big Pi Ventures, with participation from Blackbird, Skip Capital, Tanarra, Future Family Office and GS Futures, to expand production and scale deployments. The funding will support AI development, new robotics products and global expansion efforts, including new operations in Europe and…

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