Sector Snapshot: EV Funding On Track For Modest Gains

Crunchbase AI Newsamex ventures kevin tsang autonomous commerce startups

From Credit Cards To An AI Concierge: How Amex Ventures Backs Startups Building Autonomous Commerce

Crunchbase News interviews Kevin Tsang, managing director of Amex Ventures, about the firm’s investment thesis, the kinds of startups it aims to back, and how it works with founders to build and scale projects with a vision toward becoming a "global agentic concierge."

May 7, 11:00 AM

Federal News Network AIagencies endpoint modernization technology deployments funding

Balancing strained budgets with endpoint modernization demands

Agencies are reevaluating technology deployments with an eye toward future savings and more flexibility, expecting more funding and business shifts in 2026.

May 6, 8:27 PM

The Guardian AIwisetech logistics software software company technology

‘Your craft is obsolete’: WiseTech staff in limbo as AI touted as better than humans

The software company said in February it would cut 7,000 jobs but, as it touts new technology, workers are still waiting to hear which roles will go Get our breaking news email, free app or daily news podcast Staff at WiseTech have been waiting almost three months to be told if they’re among the 2,000 people the logistics software company is to cut due to advances in AI, with workers criticising the wait as stressful and “ridiculous”. The comments come as its founder on Tuesday told investors an AI agent could learn a human’s job in just 15 minutes, according to the Australian Financial Review. Continue reading...

May 6, 3:00 PM

AI Insidernyobolt series c funding autonomous robots

Nyobolt Closes $60 M Series C Funding Round at $1B Valuation, to Power Autonomous Machines, Physical AI Applications and AI Data Centers

Insider Brief Nyobolt has raised $60 million in series C funding to expand its ultra-fast charging and high-power battery systems for autonomous robots and AI infrastructure, with valuation topping $1 billion. The funding round was led by Symbotic, with participation from IQ Capital, Latitude, Scania Invest and CBMM. The company said revenue increased fivefold year […]

May 6, 1:08 PM

FT AIgus o’donnell retraining funding technology

AI ‘losers’ should be compensated through retraining, says ex-cabinet secretary

Gus O’Donnell calls for funding to teach new skills to people who lose their jobs as a result of the new technology

May 6, 11:37 AM

Crunchbase AI Newsblitzy autonomous software development funding northzone

Blitzy Raises $200M At $1.4B Valuation For Autonomous Software Development

Blitzy, an autonomous software development startup, said it has raised $200 million in a funding round that values it at $1.4 billion, making it the latest company to receive major investor backing to streamline coding for large enterprises with the help of AI. Cambridge, Mass.-based Blitzy has now raised more than $232 million. Northzone led […]

May 5, 5:21 PM

FT AIhedge funds technology investors documents

Hedge funds seek an edge by using AI’s speed

Investors are using the technology to analyse documents but are holding it back from more sensitive tasks

May 4, 4:00 AM

Crunchbase AI Newstrue anomaly defense tech space security startup fintech

The Week’s 10 Biggest Funding Rounds: Defense Tech Leads With Multiple Large Deals, Topped By $600M For Space Security Startup True Anomaly

Large U.S. venture deals this week were led by a massive defense tech raise for space security startup True Anomaly. We also saw sizable deals for startups applying AI to fintech, marketing, customer service, health care and developer tools.

May 1, 7:00 PM