AI News

Magentic Raises $18M for AI Procurement Agents

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Magentic ai procurement

Company information Details Company Magentic What it does Builds AI digital workers for procurement and supply-chain teams Product AI digital workers called Mages Primary users Large manufacturers, procurement teams and supply-chain organisations Core capabilities Procurement analysis, supplier selection, contract analysis, purchasing, order management, invoice reconciliation and savings recovery Industries Industrial & manufacturing, consumer goods and … Read more

Mantic Is Building AI to Predict What Happens Next

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Artificial intelligence has become increasingly capable of generating text, images and software code. London-based startup Mantic is working on a different AI challenge: predicting what is likely to happen in the future. Founded in London in 2024, Mantic says its mission is to solve what it calls judgmental forecasting and use more accurate predictions to … Read more

Google Veo 3.1 Advances AI Video With Ingredients-to-Video Tech

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Google AI Video Creation With Veo3.1

January 2026 Google has announced a significant upgrade to its generative video model with the release of Veo 3.1, introducing major improvements to its “Ingredients to Video” capability. The update strengthens creative control, visual consistency, and format flexibility, marking another step forward in AI-driven video production. The enhancements are designed to help creators, marketers, and … Read more

U.S. and Taiwan Announce $250 Billion Semiconductor Investment Plan

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Washington, D.C. January 2026 The U.S. Department of Commerce has announced a major trade and investment framework with Taiwan aimed at restoring American leadership in semiconductor manufacturing, with up to $250 billion in anticipated semiconductor-related investment tied to the agreement. According to the official Commerce Department fact sheet, the agreement is designed to expand semiconductor … Read more