Broccoli AI, which sells AI agents to plumbing, HVAC, and electrical companies, raised a $22M Series A and a $30M Series B; a source says it is valued at $300M (Nick Lichtenberg/Fortune)

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• HSBC to open Hong Kong AI Institute following Singapore launch

  The banking giant is expanding its advanced technology footprint across key regional financial hubs. By establishing this dedicated center, the organization aims to build upon its existing network and strengthen operational innovation. This strategic rollout reflects an ongoing commitment to scaling artificial intelligence capabilities across major Asian markets.

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• AI-powered medical search engine Vera Health, which says it is used by 800,000+ clinicians in 190 countries, raised a $28.5M Series A led by Threshold Ventures (Cailey Gleeson/Fierce Healthcare)

  The capital injection provides substantial venture backing for specialized clinical search tools designed to assist medical practitioners worldwide. By securing institutional support, the platform demonstrates growing commercial appetite for workflow automation tailored directly to practicing physicians. This expansion follows rapid global adoption across diverse healthcare systems.

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• Midstream Health, whose AI tools help 250 hospitals recover revenue from rebates and vendor and payer underpayments, raised a $20M Series A led by Valtrius (Will Maddox/Axios)

  The enterprise will direct the fresh capital toward expanding its specialized financial platform across the medical sector. By automating the recovery of lost revenue, the company addresses major operational inefficiencies tied to complex vendor contracts and insurer reimbursements. This operational support currently aids hundreds of healthcare facilities seeking to capture underpaid funds.

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