Elon Musk has once again captured headlines with the news that his artificial intelligence company, xAI, has successfully doubled its funding, reaching a substantial $12 billion valuation. This milestone is indicative not only of the growing confidence investors have in AI technologies but also of Musk’s relentless drive to position his companies at the forefront […]
Basis Lands $34 Million to Revolutionise Accounting
In a significant boost to the accounting technology sector, Basis has secured $34 million in funding aimed at transforming the accounting landscape through innovative automation solutions. This development is timely, addressing the critical shortage of accountants while enhancing operational efficiency across businesses. The widespread shift towards digital solutions in the accounting field has gained momentum […]
AI Startup Cogna Secures $15M to Revolutionize Enterprise Software
In a significant development for the tech industry, UK-based AI startup Cogna has raised $15 million in Series A funding, aiming to transform the landscape of enterprise software. Led by Ben Peters, a notable figure in the autonomous vehicle sector, Cogna seeks to leverage artificial intelligence to streamline enterprise resource planning (ERP) systems, which have […]