Search Results for: AI investment

K1 Investment Management Acquires MariaDB for an Undisclosed Sum

K1 Investment Management Acquires MariaDB for an Undisclosed Sum

Insights Desk Sep 11, 2024

Highlights: Established in 2009, MariaDB provides a commercial version of its name-brand open-source relational database software. December 2022 saw MariaDB go public on the New York Stock Exc...

Business-led IT: A Synergy of Technology and Strategy for Sustainable Growth

Insights Desk Sep 09, 2024

Highlights: Business-led IT is an organized strategy whereby an organization consciously purchases and modifies technology solutions from outside vendors to correspond with its particular objecti...

Cortex Applications Raises USD 60 M to Enhance Platform Capabilities

Cortex Applications Raises USD 60 M to Enhance Platform Capabilities

Insights Desk Sep 05, 2024

Highlights: Cortex is built to help engineering teams manage their software development processes by serving as a centralized information hub. Cortex claims to significantly boost developer pr...

Technology Giants Apple and Nvidia May Join OpenAI’s Funding Round

Technology Giants Apple and Nvidia May Join OpenAI’s Funding Round

Insights Desk Sep 02, 2024

Highlights: The ChatGPT developer has received USD 13 billion in funding to date from the massive software and cloud computing company, the majority of which has come in the form of cloud infras...

Magic AI and Codeium Raise Funding Worth USD 320 M and USD 150 M

Magic AI and Codeium Raise Funding Worth USD 320 M and USD 150 M

Insights Desk Sep 02, 2024

Highlights: Magic may be able to finance the creation of more AI models with the USD 320 million investment that it disclosed recently. Codeium, which also revealed a financing milestone, has...

OpenAI to Reportedly Raise New Funding to Reach Over USD 100 B

OpenAI to Reportedly Raise New Funding to Reach Over USD 100 B

Insights Desk Aug 29, 2024

Highlights: Less than half a year after surpassing the USD one billion milestone, OpenAI’s yearly recurring revenue reportedly exceeded USD two billion in February. A fresh round of fundin...

Cisco Acquires Robust Intelligence, AI Model & Data Security Startup

Cisco Acquires Robust Intelligence, AI Model & Data Security Startup

Insights Desk Aug 29, 2024

Highlights: Robust Intelligence has developed a platform designed to safeguard AI models and the data they utilize throughout the entire lifecycle, from development to production. Cisco believ...

Opkey Secures USD 47 M to Automate ERP Change Testing Using AI

Opkey Secures USD 47 M to Automate ERP Change Testing Using AI

Insights Desk Aug 26, 2024

Highlights: The company claims that its platform automates much of the manual effort required for testing ERP updates. Opkey states that its platform can analyze a company’s script library a...

AI Payment Startup Skyfire Launches with USD 8.5 M in Funding

Insights Desk Aug 23, 2024

Highlights: Advanced AI models like GPT-4o can handle various tasks in third-party services, provided those tasks don’t require processing payments. The company claims its platform can conne...

Fintech Startup Bolt Financials Aims to Raise USD 450 M

Fintech Startup Bolt Financials Aims to Raise USD 450 M

Insights Desk Aug 21, 2024

Highlights: Bolt provides a range of cloud services that online retailers can leverage to handle customer transactions. Bolt claims its software can boost the likelihood of e-commerce site vis...

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