Becky Byran

China will take the lead to help foster artificial-intelligence collaboration and development among developing countries, President Xi Jinping said at the BRICS bloc summit in New Delhi.

AI powered patient safety startup Graph AI has raised $13.3 million in its Series A funding round led by Insight Partners, with participation from existing investor Bessemer Venture Partners.

Oracle founder Larry Ellison has entered into a trading plan that would allow him to sell up to 50 million of his shares in the software company, or $7.5 billion worth of stock at the current price.

The US House of Representatives will begin consideration next week of a sweeping Russia sanctions bill championed by the late Republican Senator Lindsey Graham, which has passed the Senate but faces stiff opposition from House Democrats.

Elon Musk’s tunneling company, The Boring Company, has raised a $3 billion Series D funding round that pushes its valuation to $23 billion. The round was led by the United Arab Emirates.

French AI lab Mistral AI on Tuesday said it has raised €3 billion (about $3.58 billion) at a post-money valuation of more than €21 billion (about $24.39 billion), confirming earlier rumors.

President Donald Trump on Monday said Bombardier, a Canadian airplane manufacturer, must build its products in the U.S. in order to keep selling in the American market.

Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the launch of Gulf Coast Real Estate Development, a company that will develop an integrated tourism and residential destination along the Arabian Gulf coast

Iran said it will step up efforts to tackle problems created by the US sanctions that are crippling its economy, while a senior Iranian official warned of a “painful response” if it comes under further attack.

The European Union has formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it’s weighing a military role to help reopen the Strait of Hormuz

Oura, the smart ring maker, has filed to go public. The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year.

Ultrahuman, an Indian startup best known for making smart rings, has raised $70 million in a new funding round that includes backing from Qualcomm’s venture arm, as it looks beyond sleep and health tracking to build a ring