Mews Raises $300M to Build AI-Powered Hotel Operating System
Mews secures $300M Series D at a $2.5B valuation to expand its AI-driven hotel platform, automating operations, enhancing guest experiences, and integrating fintech capabilities.
Access a continuous stream of concise, high-impact reporting on artificial intelligence across global markets and industries. This section aggregates short-form coverage of corporate announcements, funding activity, product launches, regulatory actions, executive moves, and strategic partnerships, delivering essential developments with speed and clarity. Designed for efficient consumption, it prioritizes material updates and market-moving information while complementing longer-form analysis and in-depth industry coverage.
Mews secures $300M Series D at a $2.5B valuation to expand its AI-driven hotel platform, automating operations, enhancing guest experiences, and integrating fintech capabilities.
Microsoft Paint introduces Image Creator, powered by DALL‑E, enabling users to generate images from text descriptions.
Malaysia has lifted its temporary ban on Elon Musk’s Grok chatbot after authorities confirmed that xAI implemented safeguards against misuse, including sexualised deepfake content.
China is investigating Meta’s $2 billion purchase of AI startup Manus, reviewing the deal’s money transfers, tax compliance, and overseas operations amid national security concerns.
Taiwanese electronics manufacturer Pegatron, a supplier to Apple, is building its first U.S. factory in Texas to produce AI server products, including those using Nvidia chips.
Blockit, a new AI scheduling platform, uses autonomous agents to handle meetings, aiming to replace manual back-and-forth emails and traditional calendar tools.
Intel shares fell 14% after the chipmaker issued soft guidance and warned of a supply shortage, raising concerns over its foundry business and AI competitiveness.
LiveKit, a key provider of AI voice and video technology OpenAI, xAI, and Salesforce, closed a $100 million funding round, valuing the company at $1 billion.
DeepMind CEO Demis Hassabis said he was “surprised” by OpenAI’s decision to test ads in ChatGPT and emphasized careful consideration for ads in AI assistants.
Google introduces free SAT practice tests powered by Gemini, providing personalized feedback and analysis to help students prepare for standardized exams.