CHINA Chinese Company Files $1.4 Billion Lawsuit Against Apple August 3rd, 2020 Shanghai-based Xiao-i filed a $1.4 billion lawsuit against Apple, alleging it has infringed on its patents.
FUNDING Silicon Vally based AI Startup Drishti raises $25M in Series B round of funding June 16th, 2020 AI-based video analytics platform Drishti raises $25 million in Series B round.
FUNDING California based JIFFY.ai raises $18mn led by Nexus Venture Partners June 12th, 2020 AI tool JIFFY.ai raises USD 18 million in funding led by Nexus Venture Partners.
FUNDING Flatfile Raises $7.6M from Two Sigma Ventures & Google June 11th, 2020 A drop-in spreadsheet importer flatfile raises $7.6 million led by Two Sigma Ventures & Google's AI venture.
FUNDING Anvil Raises $5M from Google and Citi Ventures June 4th, 2020 A paperwork automation platform Anvil raises $5 million in funding.
ACQUISITION Airtel acquires 10 percent stake in AI startup Voicezen May 25th, 2020 Bharti Airtel acquires 10 percent stake in Gurgaon based AI startup Voicezen.
FUNDING SirionLabs raises $44mn led by Tiger Global, Avatar Growth Capital May 13th, 2020 An AI based CLM platform SirionLabs raises USD 44 million funding led by Tiger Global and Avatar Growth Capital.
FUNDING Vernacular.ai secures $5.1 mn led by Exfinity Ventures May 8th, 2020 Vernacular.ai has raised USD 5.1 million in funding, led by Exfinity Ventures and IAN Fund, Kalaari Capital.
Tech Samsung S20 Launch, First AI and 5G based Galaxy Smartphone February 12th, 2020 Samsung has unveiled Galaxy S20, a new series of flagship devices featuring 5G and artificial intelligence camera.
ACQUISITION Facebook Acquire AI Location Accuracy Startup Scape Technologies February 10th, 2020 Social media platform Facebook has acquired London based computer vision start-up Scape Technologies.
FUNDING Samya.AI Raises $6M in Seed Funding led by Sequoia India January 22nd, 2020 An enterprise Revenue Growth AI SaaS platform Samya.AI raises $6 million in seed funding led by Sequoia India.
ACQUISITION Apple acquires Xnor.ai for $200 million January 20th, 2020 Apple has acquired AI start-up Xnor.ai, which specializes in low-power, edge-based artificial intelligence tools for $200 million.