Nucanon’s AI engine is designed to adapt stories based on user choices and remember past interactions.

Other large rounds included Sensi.ai with US$45 million, Hyro with US$45 million, and Omnix Medical with US$30 million.

This price is about 4.2% lower than the company's October 31 closing price of US$18.68 on the Nasdaq.

The concern grew after Wang Peizhi, who managed retail store conversions for the company’s EV launch, died of a heart attack at age 34 in August 2024.

Meta’s stock fell over 12% to US$648.4 on October 31 after announcing a 26% revenue rise to US$51 billion in Q3, but earnings missed expectations.

HubSpot said the acquisition is part of its broader efforts to expand AI-driven features in its marketing products.

Rival Meituan is also expanding in this space, partnering with over 10,000 brands and claiming more than 500 million users.

Founder Austin Russell, who was replaced as CEO in May after an ethics inquiry, is attempting to buy the company.

Xi described AI as key to future development and said it should benefit people worldwide.

Walmart recently expanded its drone delivery service to five additional US cities.

The acquisition creates a global leader in Agentic AI-powered intelligent operations.

Nvidia also plans to use its AI, robotics, and digital twin technology in future US manufacturing facilities.

The stakes are higher than just a lost sale. Mustafa Suleyman, the CEO of Microsoft AI, warns it can cause real world harm.

The drug candidate is an antibody-drug conjugate aimed at a molecule linked to gastrointestinal cancers.

Other participants include Borderless, Semantic, Smape, VeryEarly, and angel investors Anatoly Yakovenko, co-founder of Solana, and Joe McCann.

Founded in 2019, Great Wrap produced compostable stretch wrap for both businesses and homes.