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Canva launches a suite of AI tools for Educators

Plus AI regulation moves forward in Europe. 

Today’s Highlights:

📰 Top Stories: Canva launches a suite of AI tools for Educators and AI regulation moves forward in Europe.

💰 Funding: Databricks acquires data replication startup Arcion for $100M.

⚡️ Quick News Hits

💰 Funding News

1. Databricks, the data lakehouse platform known for AI and data analytics, acquired data replication startup Arcion for $100M to provide seamless data ingestion.

2. Zhipu AI, a prominent AI foundation model developer, specializing in large-scale AI models, raised a total of 2.5 Bn yuan (approximately $340M) in financing, primarily from Chinese Tech Titans including HongShan (formerly Sequoia Capital China), Shunwei Capital, Hillhouse Capital, Legend Capital, Ant Group, Alibaba, Tencent, Xiaomi, Meituan, Kingsoft, TAL Education Group, and Boss Zhipin.

3. Luzia, an AI-powered multilingual chatbot built to generate text, transcribe audio, and create images, raised a $10M Series A led by Khosla Ventures.

4. Credit Genie, a digital personal finance platform that leverages AI+ML to revolutionize risk management and personalized budgeting for the middle class, raised $10M led by Khosla Ventures.

5. Ai Build, which specializes in AI-powered software for additive manufacturing (3D printing), raised a $8.5M Series A, led by IQ Capital w/ participation from Nikon.

6. ZenML, an open-source framework that empowers companies to build private AI models, raised a $6.4M Seed Round Extension, led by Point Nine w/ participation from Crane.

7. Tofu, a generative AI platform focused on B2B marketing, raised a $5M Seed round, led by Index Ventures w/ participation from SignalFire, Stage 2 Capital, and Liquid 2 Ventures.

8. Skoon Energy, an AI-powered software platform that connects users with clean mobile energy systems, raised a $5.6M Series A, led by Blue Bear Capital.

9. Laxis, an startup building an AI assistant for revenue teams, raised a $1.5M Seed round, from investors including Elevate Ventures and Flywheel Fund.

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