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VTB Capital Invests $5.5 Million in aiHit

aiHit has attracted US$5.5m investment from VTB Capital, said the company. The $5.5 million investment will finance marketing, business development and R&D. As a part of the business development plan, aiHit will be opening an R&D centre in St.Petersburg.

aiHit is a provider of company data to the business information, market research and lead generation industries. The company specializes in collecting company information from the Web. The company is headquartered in London, and is backed by Amadeus Capital Partners.

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DHS establishes AI safety and security board

The Department of Homeland Security (DHS) has established an Artificial Intelligence Safety and Security Board (the board). The inaugural members include CEOs and executives from companies like OpenAI, Anthropic, Delta Air Lines, IBM, Nvidia, Microsoft, Adobe, Amazon Web Services, Advanced Micro Devices (AMD), and Cisco.

Blaize raises $106M

El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.

Rivos raises $250M

Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round

IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry

IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.