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Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

by AI News | Jan 27, 2026 | AI News

Jagmeet Singh 4 min read Image Credits:SpotDraft As demand grows for privacy-first enterprise AI that can run without sending sensitive data to the cloud, SpotDraft has raised $8 million from Qualcomm Ventures in a strategic Series B extension to scale its on-device...
This Artificial Intelligence (AI) Stock, Up 28,700% Since Its IPO, Could Be the Biggest Bargain of the Decade

This Artificial Intelligence (AI) Stock, Up 28,700% Since Its IPO, Could Be the Biggest Bargain of the Decade

by AI News | Jan 27, 2026 | AI News

Semiconductor stocks have been among the biggest winners of the artificial intelligence (AI) revolution so far. Wall Street’s obsession with artificial intelligence (AI) stocks has helped fuel a historic bull market over the last few years. Megacap technology...
Nvidia Rolls Out Open-Source AI Weather Models as Federal Funding Wanes

Nvidia Rolls Out Open-Source AI Weather Models as Federal Funding Wanes

by AI News | Jan 27, 2026 | AI News

Nvidia has announced a suite of open-source AI weather forecasting systems, joining other Big Tech players hoping to establish themselves in the space as federal funding evaporates. California farmers, insurers and meteorologists alike stand to gain from adding AI to...
AI chip startup Ricursive hits $4B valuation two months after launch

AI chip startup Ricursive hits $4B valuation two months after launch

by AI News | Jan 27, 2026 | AI News

AI Chip technology concept. 3D render | Image Credits:BlackJack3D / Getty Images Ricursive Intelligence, a startup building an AI system to design and automatically improve AI chips, has raised $300 million at a $4 billion valuation. The company said Monday the round...
NHS England to trial AI and robotic tools to detect and diagnose lung cancer

NHS England to trial AI and robotic tools to detect and diagnose lung cancer

by AI News | Jan 27, 2026 | AI News

NHS England is to trial a combination of AI and robot-assisted care to speed up the detection and diagnosis of lung cancer, the UK’s most lethal form of the disease. The trial comes at the same time as the health service pledges to offer all smokers and ex-smokers the...
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