Search Results for: AI investment

Fabric Cryptography Raises USD 33 M for Product Development

Fabric Cryptography Raises USD 33 M for Product Development

Insights Desk Aug 21, 2024

Highlights: Fabric claims that operating expenses can be reduced by using its VPU to execute cryptography software more effectively than conventional CPUs. Fabric claims that the VPU is more v...

AI Data Development Platform Startup Encord Secures USD 30 M

AI Data Development Platform Startup Encord Secures USD 30 M

Insights Desk Aug 16, 2024

Highlights: Encord states that its software covers the four critical steps in creating AI training datasets: data management, data curation, model evaluation, and annotation. While automated d...

Hugging Face Acquires XetHub to Boost AI Storage

Hugging Face Acquires XetHub to Boost AI Storage

Insights Desk Aug 09, 2024

Highlights: Hugging Face will incorporate XetHub’s technology into its AI hosting platform, aiming primarily to improve the platform’s storage system. Hugging Face’s Git implementation r...

Serverless Database Startup Neon Raises USD 25 M in New Funding

Serverless Database Startup Neon Raises USD 25 M in New Funding

Insights Desk Aug 09, 2024

Highlights: Neon’s commercial Postgres distribution comes with several extra features designed to simplify database management. Neon provides a commercial version of Postgres, a popular open...

AI Chipmaker Groq Secured USD 640 M for AI Chip Boost

AI Chipmaker Groq Secured USD 640 M for AI Chip Boost

Insights Desk Aug 08, 2024

Highlights: GroqCloud provides developers with on-demand access to LPUs for their AI applications, allowing them to get acquainted with the company’s chips and optimize their designs for the ar...

Altana Reels in USD 200 M to Help Enterprises with Supply Chain

Altana Reels in USD 200 M to Help Enterprises with Supply Chain

Insights Desk Jul 30, 2024

Highlights: The supply chain management market is estimated to reach approximately USD 45 billion by 2027. Altana offers a 500 million company database to assist users in discovering new supp...

How to Improve Email Response Rate: Explore Proven Strategies!

How to Improve Email Response Rate: Explore Proven Strategies!

Insights Desk Jul 17, 2024

Highlights: Email remains the most profitable means to communicate with clients and promote your product. Engage, educate, and inspire with high-quality content to boost your email response ra...

Hebbia Raises USD 130 M to Develop Data Search Platform

Hebbia Raises USD 130 M to Develop Data Search Platform

Insights Desk Jul 09, 2024

Highlights: The company claims that its software is used by investment firms managing USD 14 trillion in assets to help them make informed financial decisions. According to Hebbia, it generat...

Tembo Raises USD 14 M to Operate PostgreSQL Managed Service

Tembo Raises USD 14 M to Operate PostgreSQL Managed Service

Insights Desk Jul 05, 2024

Highlights: Tembo strives to alleviate Postgres deployment through virtual runtime experience, access to the biggest Postgres ecosystem, and one-click migrations. Tembo stated that it plans to...

Harvey is Reportedly Raising USD 100 M at USD 1.5 B Valuation

Harvey is Reportedly Raising USD 100 M at USD 1.5 B Valuation

Insights Desk Jul 05, 2024

Highlights: With the extra funds, the company intended to buy vLEX, a business that offers a searchable database of laws, court decisions, and other legal documents. Harvey’s software uses a...

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