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![[Exclusive] Emergent Raises to $1.5 Bn, Wants to Become the Operating System for SMBs](/_next/image?url=https%3A%2F%2Fteenyfy-assets.s3.us-east-1.amazonaws.com%2Ftemp_exclusive_db9f966210.jpg&w=1080&q=75)
The funding values Emergent at $1.5 billion, marking a fivefold jump in valuation in just four months and pushing the company into the unicorn club barely a year after its public launch.
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The LMS supports all 22 scheduled Indian languages, enabling AI-generated teaching content, assessments, and learning materials in regional languages.
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Kyndryl's latest global study finds AI adoption accelerating across enterprises while workforce readiness continues to slide.
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AWS said it had invested more than $1.3 billion in the Hyderabad cloud region by the end of 2025.
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OpenAI has long been rumoured to foray into the consumer hardware business with an AI-powered device. While the rumour mill previously claimed that the ChatGPT maker could introduce an AI headset as its first-ever hardware device, a recent leak suggests otherwise. According to a report, the company is developing a portable, screen-free smart speaker which could serve as an AI-powered home companion. The purported AI device is expected to run on a rechargeable battery, allowing it to be carried between rooms.
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Spotify on Tuesday announced a new conversational AI experience that offers the ability to interact using natural language. According to the Swedish music streaming platform, users will have access to a ChatGPT-like interface, using which they can ask Spotify to play music, refine playlists, learn more about songs and artists, revisit their listening history, and explore podcasts and audiobooks through a ChatGPT-like interface. The feature is currently rolling out in beta for eligible Spotify Premium subscribers.
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The new facility will focus on helping enterprises test and deploy AI applications across manufacturing and mobility, as TCS deepens its partnership with NVIDIA amid rising enterprise spending on industrial AI.
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The company stated that enterprise clients have moved beyond AI experimentation and are increasingly deploying the technology across core operations, while commercial models evolve towards outcome-based engagements.
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The open-source release compresses a 27B-parameter model to as little as 3.9 GB, bringing multimodal reasoning and tool use to local AI devices.
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From ONTAP to AI Data Engine, NetApp is positioning its data platform as the foundation for production-scale enterprise AI.
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The company is also reportedly exploring another financing round that could value it at roughly $71 billion.
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The agreement paved the path to developing up to 1 gigawatt of next-generation, AI-ready data centre capacity in the state.
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