Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Composable AI platform expands with new funding, enabling customers to deploy AI at scale NEW YORK – Thread AI, a leader in composable AI infrastructure, today announced it has raised $20 million in Series A funding led by Greycroft, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew. Founded by former Palantir executives Angela McNeal and Mayada Gonimah, Thread AI helps … Continue reading Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Impact Newswire09/06/202509/06/2025

United States

Salesforce Signs Definitive Agreement to Acquire Informatica

Press Release – SAN FRANCISCO/REDWOOD CITY, CA — May 27, 2025 — Salesforce (NYSE: CRM), the world’s #1 AI CRM, and Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, have entered into an agreement for Salesforce to acquire Informatica for approximately $8 billion in equity value, net of Salesforce’s current investment in Informatica. Under the terms of the agreement, holders of Informatica’s Class A … Continue reading Salesforce Signs Definitive Agreement to Acquire Informatica

Impact Newswire30/05/202530/05/2025

United States

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Press Release – SAN FRANCISCO – May 29, 2025 – Grammarly, the trusted AI assistant for communication and productivity, today announced the closing of $1 billion in financing from General Catalyst. This underscores General Catalyst’s longtime commitment to Grammarly, which has evolved into an AI productivity platform for apps and agents following the acquisition of Coda in January 2025. Grammarly will use the go-to-market investment from General … Continue reading Grammarly Announces $1 Billion Growth Financing With General Catalyst

Impact Newswire30/05/202530/05/2025

United States

Biogen and City Therapeutics Announce Strategic Research Collaboration to Develop Select Novel RNAi-based Therapies

Collaboration leverages City Therapeutics’ next-generation RNAi engineering technologies and Biogen’s extensive drug development expertise CAMBRIDGE, Mass., May 27, 2025 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) and City Therapeutics, Inc., a privately held biopharmaceutical company leading the future of RNA interference (RNAi)-based medicine, today announced a strategic collaboration to develop select novel RNAi therapies. Through the collaboration, City Therapeutics will leverage its next-generation RNAi engineering … Continue reading Biogen and City Therapeutics Announce Strategic Research Collaboration to Develop Select Novel RNAi-based Therapies

Impact Newswire30/05/202530/05/2025

Middle East, United States

Global Tech Alliance Launches Stargate UAE

News Release – 22 May 2025 – In a historic step forward for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco today announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–U.S. AI Campus in Abu Dhabi. Stargate UAE, a 1-gigawatt compute cluster, will be built … Continue reading Global Tech Alliance Launches Stargate UAE

Impact Newswire22/05/202522/05/2025

Middle East, United States

HUMAIN and NVIDIA Announce Strategic Partnership to Build AI Factories of the Future in Saudi Arabia

HUMAIN, the new full AI value chain subsidiary of Saudi Arabia’s Public Investment Fund, today announced a landmark strategic partnership with NVIDIA, the world leader in AI computing infrastructure, to drive the next wave of artificial intelligence development. The two organizations will leverage NVIDIA platforms and expertise to establish Saudi Arabia as a global leader in AI, GPU cloud computing and digital transformation to drive … Continue reading HUMAIN and NVIDIA Announce Strategic Partnership to Build AI Factories of the Future in Saudi Arabia

Impact Newswire17/05/202517/05/2025

Middle East, United States

UAE, US Presidents attend unveiling of Phase 1 of new 5GW AI campus in Abu Dhabi

Press Release – ABU DHABI, 15th May, 2025 (WAM) — A new 5GW UAE-US AI Campus in Abu Dhabi was unveiled today at Qasr Al Watan in the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and President Donald Trump of the United States of America, who is on a state visit to the UAE. The new AI campus, the largest outside … Continue reading UAE, US Presidents attend unveiling of Phase 1 of new 5GW AI campus in Abu Dhabi

Impact Newswire16/05/202516/05/2025

United States

IAS Introduces Pre-Screen Brand Safety and Suitability Solution for Google Search Partner Network

Advertisers Can Now Benefit from Curated Pre-Screen Exclusion Lists across Google’s Search Partner Network Inventory NEW YORK, May 8, 2025 /PRNewswire/ – Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced the launch of IAS Pre-Screen Brand Safety Solution for Search Partner Network (SPN). IAS will now drive performance and protection across SPN by providing advertisers with greater control over their advertising … Continue reading IAS Introduces Pre-Screen Brand Safety and Suitability Solution for Google Search Partner Network

Impact Newswire14/05/202514/05/2025