Wishpond Reports Q1-2025 Financial Results

SalesCloser AI, Wishpond’s AI enabled sales agent, achieved $1 million in Annual Recurring Revenue (“ARR“)(1), representing the fastest ARR(1) growth among the Company’s products to date. The Company expects revenue growth in the second half of 2025, with such growth primarily driven by the growth of its SalesCloser AI (“SalesCloser“) platform, a virtual AI sales… Continue reading Wishpond Reports Q1-2025 Financial Results

MindHYVE.ai™ and Smart Learnify Partner to Launch Pakistan’s First AI-Powered Personalized Learning Platform

PESHAWAR, Pakistan, May 22, 2025 /PRNewswire/ — MindHYVE.ai™, a Newport Beach, California-based artificial intelligence company, has announced a strategic partnership with Smart Learnify (Private) Limited, a pioneering edtech company based in Peshawar, to co-develop and deploy Pakistan’s first AI-native personalized education platform powered by Arthur, the Ava-Education™ agent. This collaboration marks a major milestone in reimagining… Continue reading MindHYVE.ai™ and Smart Learnify Partner to Launch Pakistan’s First AI-Powered Personalized Learning Platform

Timekettle Charts Path from L3 to L4 in Real-Time Translation

HONG KONG, May 22, 2025 /PRNewswire/ — Timekettle, a global leader in AI-powered translation technology, exhibits at the 11th Asia-Pacific Translation and Interpreting Forum (APTIF 11), held in Hong Kong under the theme “Culture, Connectivity and Technology: Translating Communities, Transforming Perspectives.” Wilber Wu, Head of Marketing at Timekettle, delivered a speech titled “The Journey of… Continue reading Timekettle Charts Path from L3 to L4 in Real-Time Translation

Five Toyota Group Companies to Accelerate Skill Development and Innovation in AI and Software

AISIN Corporation, DENSO CORPORATION, Toyota Tsusho Corporation, Toyota Motor Corporation, and Woven by Toyota, Inc. (“Five Toyota Group Companies”) today announced the launch of the Toyota Software Academy to strengthen AI and software-centered human resource development. As a complementary effort, Toyota is also launching the Global AI Accelerator (GAIA) to significantly expand investments in AI… Continue reading Five Toyota Group Companies to Accelerate Skill Development and Innovation in AI and Software

Luminar secures up to $200M following CEO departure and layoffs

Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in a regulatory filing Wednesday, follows an abrupt change in leadership and layoffs. Earlier this month,… Continue reading Luminar secures up to $200M following CEO departure and layoffs

Foretellix Accelerates AI-Powered Autonomous Vehicles with Data-Driven Development Toolchain and Safety Evaluation

AV developers need a way to train the AI engines by maximizing the value of their existing drive data and enhancing it with hyper-realistic synthetic data. AV developers face serious challenges in preparing for the unpredictability of AI-powered technology. The need to validate that the AV stack is safe in any realistic scenario is paramount… Continue reading Foretellix Accelerates AI-Powered Autonomous Vehicles with Data-Driven Development Toolchain and Safety Evaluation

Precision-Guided Munition Market worth $49.71 billion by 2030 – Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., May 21, 2025 /PRNewswire/ — The precision-guided munitions market is estimated to be USD 37.24 billion in 2025 and is projected to reach USD 49.71 billion by 2030, at a CAGR of 5.9% according to a new report by MarketsandMarkets™. Precision-guided munitions represent a rapidly evolving domain within the defense sector, characterized… Continue reading Precision-Guided Munition Market worth $49.71 billion by 2030 – Exclusive Report by MarketsandMarkets™

Tesla’s head of self-driving admits ‘lagging a couple years’ behind Waymo

Tesla’s head of self-driving has admitted that the automaker’s autonomous program is lagging “a couple years” behind Waymo, but he believes the cost advantage will enable it to scale faster. In a rare candid interview, Tesla’s head of AI and self-driving, Ashok Elluswamy, has admitted that Tesla is a couple of years behind Waymo on… Continue reading Tesla’s head of self-driving admits ‘lagging a couple years’ behind Waymo

Five minutes with… Kevin Griffin, Managing Director of KGM Motors UK

You launched the Rexton Commercial Vehicle at the CV Show. What was the reaction? The launch of Rexton Commercial Vehicle at the CV Show was unanimously positive, and it attracted a wide range of fleet operators, from SMEs to large utility companies. The feedback from fleet managers is that there is a definite requirement for… Continue reading Five minutes with… Kevin Griffin, Managing Director of KGM Motors UK