French AI startup Neuralk-AI secures $4M for structured data models

Paris-based startup Neuralk-AI has raised $4 million to develop AI models tailored for structured data, such as databases and spreadsheets. Unlike traditional AI, which excels at unstructured content like images and text, Neuralk-AI’s approach aims to help businesses extract deeper insights from their existing data warehouses. Retailers, in particular, could benefit from its models, using AI to optimise inventory, detect fraud, and refine customer recommendations.

The company, co-founded by Alexandre Pasquiou, plans to launch its AI models as an API for data scientists in commerce-focused industries. By automating complex workflows and enhancing data analysis, Neuralk-AI hopes to offer a more efficient alternative to traditional machine learning tools. The startup is already collaborating with major French retailers such as E.Leclerc and Auchan to test its technology.

Backed by Fly Ventures, SteamAI, and industry leaders including Hugging Face’s Thomas Wolf, Neuralk-AI is working towards becoming the leading AI solution for structured data. The first version of its model is expected to launch in the coming months, with a full benchmark release planned for later this year.

Indian startup secures funding for AI-powered presentations

Bengaluru-based startup Presentations.ai has raised $3 million in a seed round led by Accel to enhance its AI-powered platform for creating business presentations. The company, which launched in 2019, saw rapid growth after the emergence of ChatGPT, gaining over a million users within three months of its beta release. Now, with over 5 million users worldwide, it aims to become the go-to AI tool for generating high-quality presentation decks.

The Indian platform uses advanced language models to streamline the presentation-making process, offering features like automated slide design, brand-aligned templates, and real-time collaboration. It also integrates text-to-image AI models, allowing users to generate custom visuals effortlessly. With a freemium model introduced in 2024, the startup has attracted tens of thousands of paying users, further solidifying its market presence.

With backing from key investors, including entrepreneurs from Paytm, CRED, and Freshworks, Presentations.ai is now working on an AI-powered assistant that can generate slides within any application. The company is also expanding its enterprise sales team to target businesses looking for more efficient ways to create presentations.

AI-driven organiser Tana attracts $25M amid growing enterprise interest

Norwegian-founded startup Tana has raised $25 million to fuel its AI-powered productivity platform, which has already drawn significant attention with a waitlist of over 160,000 users. The company’s software uses AI to streamline task management, automatically capturing, organising, and acting on information from meetings, notes, and conversations. With an approach reminiscent of object-oriented programming, its ‘Supertag’ feature transforms unstructured data into actionable insights.

Led by Tola Capital, the latest funding round brings Tana’s valuation to $100 million, with backing from investors such as Lightspeed Venture Partners and Northzone. Angel investors include notable tech figures like Google Maps co-founder Lars Rasmussen and Dropbox co-founder Arash Ferdowsi, highlighting the growing interest in AI-driven workplace tools. The startup, headquartered in Palo Alto with operations in Norway, is spearheaded by ex-Googlers Tarjei Vassbotn and Grim Iversen, the latter having worked on the now-defunct Google Wave.

Tana integrates with multiple workplace tools like Zoom and is designed to evolve as it processes more data, aiming to address long-standing challenges in productivity software. While currently best suited for tech-savvy professionals, the founders believe their AI knowledge graph will reshape how businesses handle information in the future. Investors are betting on Tana’s long-term vision, with some already using the platform to manage their own operations.

Smart sensors detect risks for people living alone

A trial in Sutton is using AI sensors to monitor the well-being of vulnerable people in their homes. The system tracks movement, temperature, and appliance usage to identify patterns and detect unusual activity, such as a missed meal or a fall. The initiative aims to allow individuals to live independently for longer while providing reassurance to their loved ones.

Margaret Linehan, 86, who has dementia, is one of over 1,200 residents using the system. She described it as a valuable safety net, helping alert her family if something is amiss. Her daughter-in-law, Marianne, can check an app to monitor activity and receive alerts. On one occasion, when Margaret got up for a cup of tea in the middle of the night, the system notified her son, highlighting its ability to detect unexpected behaviour.

The AI-powered technology, which does not use cameras or microphones, has already detected over 1,800 falls in the past year, enabling rapid responses from care teams. Sutton Council is trialling the system as part of a wider government initiative exploring AI’s role in improving public services. Experts hope the technology will revolutionise social care by providing proactive support while ensuring people’s privacy and independence.

New Google X spinoff uses AI to boost crop yields

Google’s X has spun out a new startup, Heritable Agriculture, which applies AI to revolutionise plant breeding. Using machine learning, the company analyses plant genomes to identify combinations that enhance yields, reduce water consumption, and increase carbon storage in soil.

The startup was founded by Brad Zamft, a former Google X researcher with a background in physics and biotech. Under his leadership, Heritable has tested thousands of plants using AI-powered models, running experiments in controlled growth chambers and field sites across the United States. Unlike gene-editing firms, Heritable focuses on refining traditional breeding methods rather than modifying DNA directly.

The company has secured investment from FTW Ventures, Mythos Ventures, and Google itself, though financial details remain undisclosed. As it steps into independence, Heritable Agriculture aims to commercialise its AI-driven approach, potentially reshaping the future of sustainable farming.

ElevenLabs secures $180 million in funding for voice AI innovation

Voice cloning startup ElevenLabs has raised $180 million in a Series C funding round, tripling its valuation to $3.3 billion. Co-led by Andreessen Horowitz and Iconiq Growth, the funding round also saw participation from new investors like NEA and World Innovation Lab, alongside increased support from existing backers such as Sequoia Capital and Salesforce Ventures. The company aims to leverage the new funding to enhance its research into expressive voice AI, develop new products, and expand its tools for developers and businesses.

Founded in 2022 and headquartered in London, ElevenLabs specialises in AI-generated voices that replicate various languages, accents, and emotions. The startup’s technology has already found applications in publishing and gaming, with partnerships including The New Yorker and Cloud Imperium Games. In 2024, ElevenLabs broadened its product offerings to include speech generation, voice design, sound effects, and AI-driven dubbing across 32 languages.

CEO Mati Staniszewski, who co-founded the company with Piotr Dabkowski, described the funding as a significant step towards making voice interactions more natural and effortless. With a total of $281 million raised so far, ElevenLabs is poised to play a leading role in the rapidly growing generative AI sector.

US backs intel with multi-billion-dollar chip investment

Intel has received $2.2 billion in federal grants as part of the US CHIPS and Science Act, supporting its efforts to boost domestic semiconductor production. The funding, awarded by the Department of Commerce, is part of a total $7.86 billion grant announced last November, aimed at expanding Intel’s manufacturing and advanced packaging operations across several states.

While an additional $5.66 billion is still to be disbursed, concerns have emerged over the future of the US CHIPS Act under the Trump administration. A proposed federal funding freeze, currently blocked by a judge, could impact the Commerce Department’s work on semiconductor subsidies. Despite this uncertainty, Intel’s leadership remains optimistic, citing ongoing discussions with the new administration.

Intel executives have expressed confidence in continued government support, highlighting shared goals of strengthening US semiconductor production. The company plans to use the funds to enhance its facilities in Arizona, New Mexico, Ohio, and Oregon, reinforcing America’s position in the global chip industry.

AI disruptions won’t slow ABB’s expansion in data centres

ABB is optimistic about the growth of the data centre market despite recent concerns over the rise of energy-efficient AI models such as DeepSeek. The Chinese AI system, which requires fewer chips to run, recently triggered a selloff in tech stocks, raising fears that demand for high-power data centre infrastructure could decline. However, ABB CEO Morten Wierod said key customers have confirmed their investment plans remain unchanged.

The company has benefited significantly from the expansion of data centres, with orders in this segment rising by 23% annually between 2019 and 2023. The sector now accounts for 15% of ABB’s electrification business, up from 8% in 2022. While Wierod declined to give a forecast for 2025, he expressed confidence in continued demand, particularly in China.

ABB sees further opportunities in helping data centres reduce energy consumption. Its technology, including motors and power management systems, can improve efficiency by up to 60%. With AI infrastructure investments accelerating, spurred by a $500 billion commitment from the US government, the company believes the sector will remain a key driver of growth in the coming years.

Avride partners with Grubhub to expand robot deliveries on US campuses

Autonomous technology startup Avride has partnered with food delivery service Grubhub to roll out its delivery robots across college campuses in the United States. The company’s first fleet of 100 robots is already operating at Ohio State University, which now exclusively relies on robot deliveries. Avride plans to introduce its next-generation models at the university as demand for automated food delivery continues to grow.

College campuses have become prime locations for autonomous delivery technology, offering compact areas with high order volumes. Avride CEO Dmitry Polishchuk highlighted the efficiency of robots in these environments, noting strong interest from universities. The company joins other firms like Cartken and Serve Robotics in integrating robotic deliveries with major ride-hailing and food delivery platforms.

Founded in 2017 and based in Austin, Texas, Avride has completed 200,000 deliveries across five countries. The company was previously part of Russian tech giant Yandex‘s self-driving division before separating last year. In addition to its Grubhub partnership, Avride has also teamed up with Uber for food delivery and robotaxi services, solidifying its position in the expanding autonomous delivery industry.

Thailand secures major data hosting investment from TikTok

TikTok has announced a $3.8 billion investment in a data hosting centre in Thailand, marking a significant expansion of its digital infrastructure in the region. The project, managed through the company’s Singapore-based unit, is expected to support affiliated businesses and begin operations in 2026, according to Thailand’s Board of Investment.

The move comes amid a wave of tech investment in Thailand, with companies such as Google, Amazon Web Services, and Microsoft all committing billions to establish data centres in the country. The Thai government hopes these developments will strengthen its digital economy and push the nation closer to becoming a regional technology hub.

TikTok’s decision to invest follows increased scrutiny over data privacy and security worldwide. As governments tighten regulations on tech firms, establishing regional data centres has become a strategic move for companies looking to maintain compliance and expand their presence in key markets.