Sprouts.ai, a US-based artificial intelligence startup founded in 2023, has secured $9 million in pre-Series A funding led by True Global Ventures and Accel, bringing its total raised to $14 million. The company builds AI-powered Revenue Agents that autonomously handle B2B sales tasks — including prospecting, contact enrichment, and multi-channel outreach — integrating with platforms such as Salesforce, Microsoft […]
The post ARK and Tencent Cloud Unite to Advance AI-Native Web3 Infrastructure appeared on BitcoinEthereumNews.com.
ARK, a layer-1 blockchain development platform that allows developers and businesses to build their own custom blockchain easily, has announced its strategic partnership with Tencent. Tencent is the Chinese multinational tech giant’s role as a major enterprise developer, Web3 infrastructure provider, and patent holder rather than the creator of a decentralized cryptocurrency. The main purpose of this partnership is to combine enterprise cloud computing with decentralized artificial intelligence (AI) agent infrastructure. Basically, the foundation of this partnership is entirely based on bringing more advancement in Web3 for users’ satisfaction. Ark has released this news through its official social media X account. 🚀 A milestone for Web3 × AI. ARKIE AI has entered a strategic partnership with @tencentcloud — the first time a leading enterprise cloud has gone deep into an
The post Alibaba and Tencent increase AI spending amid chip shortages appeared on BitcoinEthereumNews.com.
China’s two largest tech companies are spending substantially in AI infrastructure, anticipating that domestically produced chips will alleviate their supply problems. Alibaba Group Holding and Tencent Holdings said during recent earnings calls that they will sharply increase infrastructure spending. The companies are relying on chips made in China by Huawei Technologies and other local manufacturers to replace limited supplies of American semiconductors. Alibaba’s latest quarterly results showed a major shift in focus. For the three months ending in March 2026, the company reported very low profit. Although revenue increased slightly, Alibaba shifted spending from its main businesses to newer areas such as rapid delivery services and technology development. Profit dropped sharply, with non-GAAP net income falling from 29.847 billion yuan to just 86 million yuan. Eddie Wu Yongming
Insider Brief London-based AI chip startup Fractile announced in a company blog post it raised $220 million in a funding round led by Accel, Factorial Funds and Founders Fund as investors continue pouring capital into hardware designed to support the growing computational demands of artificial intelligence. The company said the funding will be used to […]
Insider Brief PRESS RELEASE — Exaforce, the pioneer in agentic security operations, has announced a $125 million Series B financing round, one of the largest ever in the emerging AI SOC space. The round includes participation from HarbourVest, Peak XV, Mayfield, Khosla Ventures, Seligman Ventures and AICONIC. The new capital will help Exaforce scale its AI-native security […]
Insider Brief Industrial robotics startup Mind Robotics has raised $400 million in new funding led by Kleiner Perkins, bringing total investment in the company to more than $1 billion. According to Mind Robotics, the round included new investors Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital and Garuda Ventures, alongside existing backers Accel, […]
Insider Brief PRESS RELEASE — Ciridae, the AI transformation firm building operating systems for real economy businesses, has announced it has raised $20 million in seed funding led by Accel, with participation from Andreessen Horowitz, General Catalyst, Sunflower Capital, and Backcountry Ventures. Founded by CEO Jack Soslow, former partner at Andreessen Horowitz and data scientist at Meta, […]
