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Robo.ai reported preliminary September revenue of more than $100 million and said it expects about $600 million in revenue for full-year 2026 as it integrates acquisitions and expands its AI and manufacturing businesses.
Insider Brief Doosan Robotics has been selected to lead two South Korean government-backed physical AI projects with a combined research and development budget of about 98.9 billion won, or roughly $74 million.
Insider Brief PRESS RELEASE — BMO earned top recognition for Responsible AI Leadership in the 2026 Evident AI Index, receiving the highest available scores for Responsible AI principles, executive engagement and the integration of Responsible AI into governance and strategy.
AI cybersecurity company Armadin has secured $255.5 million in a Series B round that values it at more than $2.5 billion, bringing its total funding to $445 million.
AI startup Photon has secured $4.5 million in seed funding co-led by Gradient and A*, with participation from Vercel, HSG, Z Fellows, Llama Ventures, Karman and angel investors.
Insider Brief Hitachi is partnering with Germany’s Agile Robots to develop physical AI systems for automating complex factory work that still depends on human judgment and adaptability.
Insider Brief Wandercraft has acquired Ekso Bionics from a subsidiary of ChronoScale Holdings, combining two medical exoskeleton developers with complementary products and geographic footprints.
Satlyt, a startup headquartered in Sunnyvale, California, and Nairobi, has secured an $8 million seed round led by Houston-based Non Sibi Ventures to build software that lets AI models run on satellites and share large computing workloads in space.
Insider Brief Honda’s U.S.-based space development team is working with Redwire to explore a robotic system for future commercial space stations that could automate experiment handling and other laboratory tasks while reducing demands on astronaut time.
Doha-based agentic AI startup Aligator has secured investment from Qatar Development Bank and Next Ventures, a fund by Media City Qatar, to expand its autonomous agents for the public relations industry.
Insider Brief Eni and Generative Bionics signed a memorandum of understanding to explore industrial uses for humanoid robots, including inspection, teleoperation and remote assistance in complex operating environments.
Berlin-based Restate has secured a $20 million Series A led by Singular, with participation from Redpoint Ventures and Capital One Ventures, as demand for resilient AI agent infrastructure grows.
Insider Brief PRESS RELEASE — GMI Cloud, an AI-native cloud delivering high-performance GPU infrastructure and inference services, announced $668 million in new financing, comprising $223 million in equity for Series B and a $445 million credit facility led by CTBC.
Voice AI startup ElevenLabs has announced a $300 million tender offer allowing employees to sell part of their vested equity at a $22 billion valuation. The figure doubles the $11 billion valuation the company reached in February, when it secured $500 million in funding.
Airbnb has added AI-powered search to its app as part of its fall product update, marking the company’s first major step into AI-driven property discovery after CEO Brian Chesky chose to avoid a chatbot-style interface.
Insider Brief PRESS RELEASE — Menos AI, an AI-native platform for institutional investors, announced a new $5.1 million Pre-A financing led by returning investor Copper Sky Capital, with participation from Alpha Square Group. The round brings total funding to more than $10 million.
Insider Brief PRESS RELEASE — Efficient Computer, the company building the world’s most energy-efficient processors, announced it entered into agreements for more than $97 million in Series B financing at a $650 million valuation, bringing its total funding raised to $173 million.
Fort Robotics and Newbury Street II Acquisition Corp. have confidentially submitted a draft registration statement on Form S-4 to the U.S. Securities and Exchange Commission.
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