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Singapore-based travel tech firm Truely has secured $2 million in funding, raising its total capital to $5.5 million. The investment will enhance its eSIM service, Truely 2.0, which offers unlimited global data and aims to introduce localized pricing and tools for business travel.As the eSIM market experiences significant growth, particularly in the travel segment, Truely's focus on unlimited data positions it competitively against other providers. Strategic partnerships in East Asia are crucial for expanding its reach and addressing consumer connectivity needs.
WeRide has launched Robotaxi testing in Riyadh and AlUla, Saudi Arabia, as part of its global expansion and partnership with Uber. This initiative supports the Kingdom's Vision 2030 goals for smart mobility and aims to enhance transport solutions amid a growing demand for sustainable options. Full-scale operations are expected by late 2025.
The Ethereum Foundation has restructured its internal development group, rebranding the former Protocol Research & Development team to simply "Protocol." This new team will concentrate on three strategic goals: scaling Ethereum's base layer, expanding blobspace for rollups, and enhancing user experience. The restructuring has also involved staff layoffs as the organization adapts to evolving demands.
Salesforce has acquired Moonhub, a startup focused on developing AI tools for talent vetting and hiring. The entire team from Moonhub, based in Menlo Park, California, will join Salesforce, which has been an early investor in the company. Moonhub's CEO, Nanxy Xu, highlighted the shared core values between the two companies.
Morgan Stanley highlights China's advancements in AI and humanoid technology as key drivers of investment interest, supported by government backing and a vibrant startup ecosystem. The country’s focus on open-source AI models is accelerating adoption and fostering innovation, with significant implications for global scientific research and economic integration over the next 12 to 18 months.
Naoris Protocol has successfully raised $3 million in a funding round led by Mason Labs, with participation from Frekaz Group, Level One Robotics, and Tradecraft Capital. This investment highlights the growing urgency to address quantum computing threats in the blockchain ecosystem.The protocol features a quantum-resistant blockchain and a cybersecurity mesh architecture, designed to protect systems without requiring hard forks. Led by a team of experts from cybersecurity and defense sectors, Naoris Protocol aims to enhance security in the Web3 landscape through its innovative infrastructure.
Samsung is reportedly in advanced discussions to invest in Perplexity AI, aiming to integrate its AI-powered search features into the Galaxy S26 series. This partnership could transform how users search and interact with their devices, potentially reducing Samsung's dependence on Google. Plans include preloading Perplexity's app and AI assistant on future smartphones and incorporating its search tools into the Samsung Internet browser.
Samsung Electronics is close to finalizing a significant investment in Perplexity AI, aiming to integrate the startup's search technology into its devices. The collaboration may involve preloading Perplexity’s app on new Samsung devices and enhancing the Samsung web browser with its search features. Additionally, discussions include incorporating Perplexity’s technology into Samsung’s Bixby virtual assistant.
Israeli startups raised over $950 million in May 2025, a decline of more than 30% from the previous year. The largest funding round was AI21 Labs’ $300 million series D, with significant interest in AI and defense technology, reflecting a diverse and resilient tech ecosystem. This funding landscape highlights ongoing investment in frontier technologies and the strategic focus on defense amid regional security challenges.
[Source: Bloomberg]
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Truely secures 2 million dollars to enhance eSIM services and connectivity
02:51 03.06.2025
WeRide launches robotaxi testing in Saudi Arabia as part of global expansion
02:00 03.06.2025
ethereum foundation restructures protocol team to enhance scalability and user experience
00:42 03.06.2025
Salesforce acquires Moonhub to enhance AI-driven hiring solutions
21:21 02.06.2025
China's ai advancements and humanoid technology attract global investment interest
12:14 02.06.2025
naoris protocol secures 3 million funding to enhance quantum-resistant blockchain technology
10:21 02.06.2025
Samsung in talks to make Perplexity AI its default assistant on smartphones
08:56 02.06.2025
Samsung to integrate Perplexity AI features into its devices and services
06:20 02.06.2025
Israeli startups secure 950 million dollars in diverse funding across sectors
05:18 02.06.2025
samsung in talks to integrate perplexity ai into future devices
04:15 02.06.2025
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