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Aerospace-Defence Firm CoreEL Technologies Raises $30 Mn in Series B Funding

Aerospace, AI News, Artificial Intelligence, defence, defence ministry, Funding

Bengaluru-based CoreEL Technologies has raised $30 million in a Series B funding round to scale manufacturing operations, expand research and support aerospace and defence programmes in India and overseas.  The round saw a majority investment from ValueQuest Scale Fund, with participation from 360 ONE Asset, the company said in a statement. Steer Advisors acted as […]

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Fintech Startup Prosperr.io Raises $4 Mn for AI-driven Tax Management

AI News, ai tax management, Artificial Intelligence, Funding, prosperr.io

Prosperr.io, a Bengaluru-based fintech SaaS company, has secured $4 million in seed funding to develop its AI-driven tax management platform. The funding round was primarily led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures, and other strategic backers.  According to the company, this latest funding increases Prosperr.io’s total capital raised to $5.55

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MIT Schwarzman College of Computing and MBZUAI launch international collaboration to shape the future of AI

Artificial Intelligence, Collaboration, Computer science and technology, Electrical engineering and computer science (EECS), Funding, International initiatives, MIT Schwarzman College of Computing, Research, School of Engineering, Technology and society

The MIT Schwarzman College of Computing and the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) recently celebrated the launch of the MIT–MBZUAI Collaborative Research Program, a new effort to strengthen the building blocks of artificial intelligence and accelerate its use in pressing scientific and societal challenges.Under the five-year agreement, faculty, students, and research staff

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MIT affiliates win AI for Math grants to accelerate mathematical discovery

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MIT Department of Mathematics researchers David Roe ’06 and Andrew Sutherland ’90, PhD ’07 are among the inaugural recipients of the Renaissance Philanthropy and XTX Markets’ AI for Math grants. Four additional MIT alumni — Anshula Gandhi ’19, Viktor Kunčak SM ’01, PhD ’07; Gireeja Ranade ’07; and Damiano Testa PhD ’05 — were also honored

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