Expansion News
141 articles
AI company growth news including hiring, new office openings, market expansion, and international growth initiatives.
Kuaishou restructures Kling AI as independent unit, eyes $20B valuation and external funding
Kuaishou has announced plans to restructure Kling AI (可灵AI), its AI video generation business, into an independent business unit, evaluating external financing and a potential Hong Kong IPO. The compa...
# Uber and Adani Group to Build First India Data Centre
Uber CEO Dara Khosrowshahi announced the company is establishing its first data centre in India through a partnership with Adani Group. The facility, expected to go live later this year, will serve Ub...
OpenAI and Sam Altman discussed launching an AI compute company that would be majority-owned by Open...
OpenAI and Sam Altman discussed launching an AI compute company that would be majority-owned by OpenAI, according to sources. The structure would resemble that of Stargate, the massive data-center ven...
Kunlunxin (昆仑芯), Baidu's majority-owned AI chip subsidiary, has formally initiated IPO tutoring for...
Kunlunxin (昆仑芯), Baidu's majority-owned AI chip subsidiary, has formally initiated IPO tutoring for a STAR Market listing in Shanghai, with China International Capital Corporation as sponsor, accordin...
ByteDance has raised its 2026 AI capital expenditure budget by 25% to 200 billion yuan ($27.9 billio...
ByteDance has raised its 2026 AI capital expenditure budget by 25% to 200 billion yuan ($27.9 billion), up from the 160 billion yuan ($22.4 billion) planned at the end of 2025. The increase, reported...
PB Fintech secures SEBI debt brokerage licence, diversifying beyond insurance distribution
PB Fintech, the parent company of Policybazaar and Paisabazaar, has obtained a stock broking licence from the Securities and Exchange Board of India (SEBI) for its wholly owned subsidiary PB Marketing...
Google Explores AI Infrastructure, Server and Drone Manufacturing Investments in India
Google is evaluating investments in India across artificial intelligence infrastructure, server production, and drone manufacturing, according to Union IT minister Ashwini Vaishnaw. The discussions ex...
NetSuite expands AI-powered ERP offerings in Southeast Asia to meet enterprise demand
Oracle NetSuite is expanding its AI-powered enterprise resource planning (ERP) solutions across Southeast Asia, targeting businesses seeking intelligent automation and data-driven insights to optimize...
Databricks commits $300M to ANZ expansion, opens Sydney HQ amid 85% Q1 growth
Databricks announced a US$300 million (AU$420 million) investment in Australia and New Zealand over three years, including a new 22,000-square-foot headquarters at 400 George Street in Sydney. The com...
Lightelligence debuts in Hong Kong as optoelectronic computing gains traction
Lightelligence, a silicon photonics chip company founded in 2017 by MIT PhD Yichen Shen, listed on the Hong Kong Stock Exchange on April 28 under stock code 1879. It claims to be the world's first pub...
OpenAI Achieves FedRAMP Moderate Authorization for ChatGPT Enterprise and API
OpenAI has obtained FedRAMP 20x Moderate authorization for ChatGPT Enterprise and its API Platform, enabling U.S. government agencies to deploy frontier AI models including GPT-5.5 within secure, comp...
Galaxy Corporation Establishes Strategic Hub in Dubai to Drive AI & Robotics Entertainment Expansion.
Galaxy Corporation, a South Korean entertainment technology company, has established a new subsidiary named 'Galaxy ME' in Dubai. This marks its formal entry into the Middle East market and serves as...
The $10 Billion Startup Training AI to Replace the White-Collar Workforce
Mercor, a startup valued at $10 billion, is developing AI to replicate professional work and train replacements for the white-collar workforce. Original source: https://www.bloomberg.com/news/features...
Parade’s CoDriver Inbound Phone adds industry‑first Voice AI to capture every carrier call, boosting...
Parade’s CoDriver Inbound Phone adds industry‑first Voice AI to capture every carrier call, boosting quote capture by 27% and nearly doubling weekly hours saved. The tech transforms 5‑10% of inbound i...
Lucida AI, backed by $7M in VC funds and already serving millions of users, is hiring a User Acquisi...
Lucida AI, backed by $7M in VC funds and already serving millions of users, is hiring a User Acquisition Manager (Mobile) with a £50‑70k salary to scale paid channels like Meta, Google and TikTok. The...
Ataraxis AI, backed by $20.4 M Series A and $24 M total funding, is launching a 2026 Clinical Strate...
Ataraxis AI, backed by $20.4 M Series A and $24 M total funding, is launching a 2026 Clinical Strategy Internship at its New York HQ. The role will let interns shape AI‑driven oncology strategies as t...
DataProphet’s AI platform has cut spot‑welding defects at a South African auto plant, saving R8.8 mi...
DataProphet’s AI platform has cut spot‑welding defects at a South African auto plant, saving R8.8 million per month and reducing casting defects by 20% for a local foundry. With deployments in 30+ cou...
Serval has launched its Agent Deployment team, a new technical unit that owns end‑to‑end AI agent ro...
Serval has launched its Agent Deployment team, a new technical unit that owns end‑to‑end AI agent roll‑outs for enterprise pilots. The founding roles offer $200k‑$325k salaries plus equity, letting en...
RoshiAi announced new hubs in Kochi and Bengaluru, tapping the fast‑growing deep‑tech talent pools o...
RoshiAi announced new hubs in Kochi and Bengaluru, tapping the fast‑growing deep‑tech talent pools of both cities. The expansion adds 30 AI researchers and targets a $12 M market opportunity in AI‑dri...
Glean, the Microsoft Copilot rival, just signed a 62,000‑sq‑ft lease near downtown Mountain View, bo...
Glean, the Microsoft Copilot rival, just signed a 62,000‑sq‑ft lease near downtown Mountain View, boosting its office footprint as it hits 1,000 employees and $765 M in funding. The new space supports...