Search Results for: AI investment

Paris-based AI Startup, H Raises USD 220 M to Develop AI Models

Paris-based AI Startup, H Raises USD 220 M to Develop AI Models

Insights Desk May 22, 2024

Highlights: The startup intends to help businesses automate administrative work. H claims that its AI models will also target end users. H will help its go-to-market initiatives by forming par...

SpatialGPT.AI Seed Funding Reaches USD 3.4M

SpatialGPT.AI Seed Funding Reaches USD 3.4M

Insights Desk May 21, 2024

Highlights: The focus of SpatialGPT’s work is to help organizations transform how spaces are constructed, managed, and utilized. The technology additionally incorporates virtual reality walk...

PolyAI Raises USD 50 M to Improve Its AI-backed Voice Automation

PolyAI Raises USD 50 M to Improve Its AI-backed Voice Automation

Insights Desk May 17, 2024

Highlights: The company claims to be dedicated to transforming consumer interactions with brands by utilizing cutting-edge, astonishingly human-voice artificial intelligence technology. Accord...

Vercel Raises USD 250 M at USD 3.25 B Valuation

Vercel Raises USD 250 M at USD 3.25 B Valuation

Insights Desk May 17, 2024

Highlights: Vercel monetizes Node.js through a suite of paid cloud services aimed at simplifying frontend development. Vercel's primary offering, the DX Platform, aims to streamline the proces...

LanceDB Secures USD 8 M Funding for AI Acceleration

LanceDB Secures USD 8 M Funding for AI Acceleration

Insights Desk May 16, 2024

Highlights: LanceDB provides a vector-focused open-source database, also known as LanceDB. LanceDB stores its data using a proprietary file format known as Lance. LanceDB Inc., a creator of...

Exabeam LogRhythm Merge for Enhanced AI-Driven Security Solutions

Exabeam LogRhythm Merge for Enhanced AI-Driven Security Solutions

Insights Desk May 16, 2024

Highlights: The Exabeam LogRhythm merger is being promoted as a way for customers of both companies to benefit from increased research and development investments, enhanced product innovation, ex...

Mistral AI’s New Funding Pursuit Valuated at USD 6B

Mistral AI’s New Funding Pursuit Valuated at USD 6B

Insights Desk May 10, 2024

Highlights: Mistral, headquartered in Paris, was launched last April and secured approximately $500 million in funding over the subsequent eight months. In its most recent funding round, a USD 41...

How to Master AI Demand Forecasting In Retail

How to Master AI Demand Forecasting In Retail

Research Desk May 09, 2024

Retail demand forecasting is an integral part of any brand or retailer’s planning process, anticipating consumer needs to stay in line with their future buying behavior. In the past, this has transl...

Microsoft’s AI Data Center Boosts Wisconsin’s Economy

Microsoft’s AI Data Center Boosts Wisconsin’s Economy

Insights Desk May 09, 2024

Highlights: Wisconsin’s plan focuses on investing in cloud computing and AI infrastructure, as well as developing what Microsoft refers to as the United States’ “first manufacturing-focused...

Akamai Technologies Acquisition of Noname Security for USD 500M

Akamai Technologies Acquisition of Noname Security for USD 500M

Insights Desk May 08, 2024

Highlights: Established in 2020, the Noname Security platform enables enterprises to visualize and secure managed and unmanaged application programming interfaces (APIs). Crafted to “eliminate ...

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