MiniMax raises $619M in Hong Kong IPO as investor appetite for generative AI remains strong

MiniMax raises $619M in Hong Kong IPO as investor appetite for generative AI remains strong

Chinese artificial intelligence startup MiniMax Group Ltd. went public in Hong Kong today and raised about $619 million, highlighting strong investor appetite for generative AI companies on both sides of the Pacific. MiniMax priced its shares at HK$165 ($21.18) apiece, the top of its previously indicated range, and sold 29.2 million shares in the IPO,…

Why IIT Bombay’s New Generative AI Certificate Program is Catching Attention?

Why IIT Bombay’s New Generative AI Certificate Program is Catching Attention?

The Technocraft Centre for Applied Artificial Intelligence at the Indian Institute of Technology (IIT) Bombay has launched a certificate in Generative AI. This is a five-month online, hands-on certificate program, which is being offered in collaboration with Great Learning as the edtech partner, and is set to start in 2026. The last date to apply…

Australian Electoral Commission hits go on generative AI

Australian Electoral Commission hits go on generative AI

The Australian Electoral Commission will have a draft strategy and roadmap to accelerate its adoption of generative AI by mid-June. The commission will outsource the work, including a “business case that sets out the investment required to deliver on the roadmap”, according to tender documents. It will allow up to 16 weeks for the drafts…

Canva Recruits Ex-Adobe Generative AI Lead to Drive EdTech Innovation

Canva Recruits Ex-Adobe Generative AI Lead to Drive EdTech Innovation

Canva has taken a bold step in the growing education technology (EdTech) arena, recruiting Kshitiz Garg, a high-profile artificial intelligence expert from Adobe to lead its generative AI initiatives. The move signals the company’s determination to expand its AI-powered creative tools into education. With artificial intelligence reshaping learning experiences worldwide, the software company aims to…

The Role of Generative AI in Finance in 2026

The Role of Generative AI in Finance in 2026

1. How does Generative AI impact the Future of Finance? Generative AI speeds up reporting, compliance, research, and customer service, making Finance faster, cheaper, and more scalable. 2. Why are banks investing heavily in AI Systems now? Banks see clear returns from AI Automation, including lower operating costs, faster decisions, and improved customer experience. 3….

Google confirms what you MUST do to optimize content for AI-powered generative search

Google confirms what you MUST do to optimize content for AI-powered generative search

FOTOARTE: MERCA2.0 How do you optimize content to be cited in generative AI search results? That’s the question many SEOs and brands are asking as conversational search continues to grow. On that topic, Google confirmed that optimization for AI-powered generative search is not different from traditional SEO. That’s what Nick Fox, Senior Vice President of…

How generative AI accelerates identity attacks against Active Directory

How generative AI accelerates identity attacks against Active Directory

Active Directory is still how most organizations manage user identities, making it a frequent focus during attacks. What’s changed isn’t the target, but how much faster and more effective these attacks have become. Generative AI has made password attacks cheaper and more efficient, turning what once required specialized skills and significant computing power into something…

Report: Increase Usage of Generative AI Services Creates Cybersecurity Challenge

Report: Increase Usage of Generative AI Services Creates Cybersecurity Challenge

An analysis of data collected by Netskope published today finds the number of individuals accessing generative artificial intelligence (AI) applications via a cloud service increased threefold in the past year, with the number of prompts sent increasing sixfold, from 3,000 per month on average to 18,000. A third of organizations (33%) are using OpenAI services…