Austin-based RapidCanvas, which combines an AI agent platform with its own engineers to build business apps, raised a $29M Series B led by Vertex Ventures SEA & India, with Hitachi Ventures taking part. It plans to hire in the US, Brazil and India, bringing total funding to $52.5M.
Chinese memory maker CXMT expects net profit of 131 to 132.5 billion yuan for January to September, after a 5.3 billion yuan loss a year earlier, with revenue of 265 to 270 billion yuan. AI demand has caused memory shortages, and the chairman has proposed a buyback of up to 2 billion yuan.
Brazilian bank Itaú is rolling out its AI First strategy to customers and staff through ia.i, a conversational interface, and IARA, a governance platform. The bank operates in one of Brazil's most heavily regulated sectors.
Knowledge graphs are becoming a key context and reasoning layer for agentic AI, helping enterprises connect their data and ground agents in business expertise. At Raymond James Financial, graph technology has become an important part of building trustworthy AI infrastructure.
Amulya Vishwanath, who led product marketing for Nvidia's robotics platforms for seven years, says robotics is in its 'Lego era', with actuators, robotic hands, software and safety standards still being rebuilt. Her view runs counter to the idea that a general foundation model is about to transform robotics.
Former White House press secretary Katie Zacharia, who held the job briefly, was listed as an adviser to a company tied to Kristi Noem that wants to use AI for mining. Both she and the company say she never worked there.