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• SkyfireAI Inc., a US-based autonomous drone startup, raised $11 million in new funding to advance dual-use technology. • The investment targets AI autonomy for public safety, defense, and commercial drone applications. • This funding accelerates development amid rising demand for intelligent unmanned systems in critical sectors.

• Apple unveiled iOS 20 on April 25, 2026, featuring Apple Intelligence enhancements for on-device AI processing in Siri and Photos apps, rolling out first to US users. • Key additions include real-time language translation supporting 15 languages and AI-generated summaries for Safari, trained on 3 trillion parameters without cloud dependency. • The update addresses privacy concerns post-EU DMA rulings, boosting Apple's 45% US smartphone market share amid AI race with Google Pixel.

Budget outlines funding for autonomous drone warfare program as experts say military unprepared for risksThe Pentagon is aiming to increase funding more than a hundredfold for an autonomous drone warfare program, according to budget documents released this week, signalling a major pivot towards AI-powered war.In its 2027 budget, the Pentagon has asked for over $54bn to fund the Defense Autonomous Warfare Group, a 24,000% increase on last year. Continue reading...

• Wealth.com, an AI platform modernizing estate and tax planning for wealth management firms, closed an oversubscribed $65M Series B funding round. • The funding will accelerate product enhancements and expand adoption among high-net-worth advisors handling complex client portfolios. • This raise highlights surging investor interest in AI tools automating legacy financial planning processes amid rising wealth transfer demands.

• IBM launched IBM Autonomous Security on April 17, 2026, a multi-agent AI service automating detection, policy enforcement, and remediation against frontier AI-driven attacks in hybrid environments. • The solution addresses emerging 'agentic attacks' where adversaries use advanced AI models, with nearly 80% of global IT leaders citing AI as a major security risk. • IBM also released an enterprise cybersecurity assessment tool focused on threats from large language models and generative AI.

• InsightFinder secured $15 million in Series B funding led by Yu Galaxy, bringing total funding to $35 million, expanding its AI-powered IT reliability platform. • The company is adding autonomous incident response capabilities to compete with established players like Datadog in the enterprise reliability market. • The funding positions InsightFinder to address growing enterprise demand for AI-driven solutions to detect and resolve infrastructure failures automatically.

• OpenAI has agreed to spend more than $20 billion over the next three years on Cerebras-powered server capacity, marking a significant infrastructure investment for the AI company. • The arrangement could also grant OpenAI warrants for a minority stake in Cerebras, with the commitment roughly double the size of OpenAI's previously reported chipmaker agreement. • This massive compute deal reflects intensifying competition in AI infrastructure as companies race to secure specialized chip capacity for training and deploying large language models.

• OpenAI acquired Hiro Finance, its second startup purchase in a month, focusing on AI tools for financial planning as first reported by TechCrunch. • The deal expands OpenAI's capabilities into fiscal management amid racing agent development with Anthropic and Nvidia for web-browsing, emailing, and booking tasks. • This move signals intensifying M&A in AI finance, cutting development time for enterprises adopting similar tech like Accenture-Replit code generation.