Tag: Funding

UAE and France Unveil €50 Billion Plan for 1-Gigawatt AI Data Center Campus
Europe, Middle East

UAE and France Unveil €50 Billion Plan for 1-Gigawatt AI Data Center Campus

News – The United Arab Emirates (UAE) and France have announced a landmark €50 billion investment to develop a 1-gigawatt Artificial Intelligence (AI) data center campus, marking one of the most ambitious technology collaborations in recent history. This massive initiative underscores both nations’ commitment to advancing AI infrastructure and digital transformation, positioning them as global leaders in the rapidly evolving tech landscape. The project, situated … Continue reading UAE and France Unveil €50 Billion Plan for 1-Gigawatt AI Data Center Campus

Impact Newswire
TrueFoundry
United States

TrueFoundry Secures $19 Million Series A Funding to Transform AI Deployment at Scale Powered by their Agent on Autopilot

With funding led by Intel Capital, TrueFoundry empowers enterprises to build and deploy AI applications with unparalleled efficiency and governance Press Release – February 06, 2025 – SAN FRANCISCO – TrueFoundry, a leading AI deployment and scaling platform, today announced it raised $19 million in Series A funding, led by Intel Capital. Existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India & … Continue reading TrueFoundry Secures $19 Million Series A Funding to Transform AI Deployment at Scale Powered by their Agent on Autopilot

Impact Newswire
(L-R) Kevin Jiang, Co-Founder & Managing Partner at Mangusta Capital, USA; Vijay Tirathrai, Managing Director at Techstars, UAE
Global, Middle East

AI Investors Reveal Game-Changing Strategies for Securing Financial Funds at Ai Everything Global 2025

Top investors emphasise the importance of adaptability, innovation and long-term vision if entrepreneurs want to scale their AI-driven businesses. Dubai, UAE, 6 February 2025: AI business owners must adopt a forward-thinking mindset and remain adaptable if they are to successfully secure investment, experts told attendees at Ai Everything Global 2025. The event, packed with engaging discussions, also featured a venture capitalist who shared his story … Continue reading AI Investors Reveal Game-Changing Strategies for Securing Financial Funds at Ai Everything Global 2025

Impact Newswire
VideaHealth Raises $40M
United States

VideaHealth Raises $40M in Oversubscribed Series B Funding to Revolutionize Dental Care with AI-Driven Solutions

New capital will accelerate market expansion, partnerships, and product development to improve dental care for millions of patients Press Release – January 29, 2025 – BOSTON – VideaHealth, the leading dental AI company, today announced that it has secured $40 million in an oversubscribed Series B funding round. Since its launch in 2022, VideaHealth has established itself as the clear leader for dental service organizations … Continue reading VideaHealth Raises $40M in Oversubscribed Series B Funding to Revolutionize Dental Care with AI-Driven Solutions

Impact Newswire
PayPal Ventures Invests in Formance
United States

PayPal Ventures Invests in Formance

News – Jan 29, 2025 – Formance, the Open Source financial infrastructure provider, today announced the successful close of a $21 million Series A funding round co-led by PayPal Ventures and Portage, with participation from Y Combinator, Hoxton Ventures, and AXC. This milestone comes on the heels of a 10x increase in Formance’s revenue over the past 12 months. Founded in 2021 by Clément Salaün, … Continue reading PayPal Ventures Invests in Formance

Impact Newswire