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Wednesday, April 22, 2026

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Generative AI

7Rivers Raises $5 Million to Expand AI Push

7Rivers secures $5M from Inoca Capital to scale Snowflake-focused AI and data services, expand GenAI offerings and grow delivery teams.

OpenAI Nears $100B Raise at $850B Valuation

OpenAI is reportedly close to raising over $100B at a valuation topping $850B, as investors back its path to profitability despite heavy cash burn.

From AI Power to Broad-Based Growth in French Tech

France ranked third in Europe with €8.7B in tech funding in 2025, led by AI, fintech and energy. Here are the 10 largest raises of the year.

AI Won’t Kill Call Centers—It Will Redefine Them

Generative AI won’t replace call centers. It will automate routine work and elevate human agents to focus on judgment, empathy and complex resolution.

Swedish AI CEOs Shrug Off Big Tech Threat

Legora and Tandem Health CEOs say ChatGPT and Claude fuel demand for vertical AI tools, not competition, as U.S. labs expand into law and health.

SurrealDB Raises $23M, Targets AI Memory Gap

SurrealDB secures $23M and launches version 3.0, aiming to solve AI agent memory and context challenges with a unified, multi-model database platform.

OpenClaw Creator Joins OpenAI

Austrian developer Peter Steinberger joins OpenAI, placing viral agent OpenClaw into a foundation and reigniting debate over Europe’s tech talent drain.

Hungarian Robotics Startup Raises Record Pre-Seed

Allonic secures $7.2M in Hungary’s largest pre-seed round, backed by OpenAI and Hugging Face angels, to reinvent how robot bodies are built.

Intel, Saimemory Team Up on Next-Gen AI Memory

Intel and SoftBank’s Saimemory partner to develop Z-Angle Memory, a new stacked DRAM technology aimed at boosting AI performance and easing global memory shortages.

Alibaba Cloud May Boost AI Spending to $69 Billion

Alibaba Cloud is reportedly weighing a major capex increase to $69B over three years, signaling China’s escalating race to build AI infrastructure and data centers.

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