Paul Gillin
Latest from Paul Gillin
Bench IQ raises $5.3M for AI-based judicial intelligence platform
Toronto-based legal tech startup Bench IQ Inc. today said it has raised $5.3 million in seed funding to develop and sell its technology that helps lawyers understand how judges think. The two-year-old company’s core product is a generative artificial intelligence-based judicial intelligence platform already used by four of the top five firms in the American Lawyer ...
Hyland introduces Context Engine and Agent Mesh to simplify enterprise AI
Enterprise content management firm Hyland Software Inc. today launched two new components of its Content Innovation Cloud, which the company says present a unified, continuously updated view of an organization’s content, processes, people and applications to fuel a network of task-specific artificial intelligence agents. The Enterprise Context Engine pulls from systems such as enterprise resource ...
R Systems acquires Novigo to deepen agentic AI and low-code engineering capabilities
Digital product-engineering firm R Systems International Ltd. said Thursday it has entered into a definitive agreement to acquire Novigo Solutions Pvt. Ltd., a maker of low-code/no-code development and intelligent automation services, for $240 million in cash with additional stock consideration tied to future milestones. R Systems, which has principal offices in Greater Noida, India and El ...
Mozilla.ai charts a new course with a turn toward profitability
Mozilla.ai, the open-source AI lab established in 2023 with $30 million in funding from the Mozilla Foundation and a mission to promote trust and transparency in artificial intelligence, is entering a new phase marked by balancing a commitment to openness with the need to make a profit. Chief Executive John Dickerson arrived six months ago ...
Magic Research says its private AI platform cuts inference costs by 90%
Magic Research LLC, a holding company for commercial artificial intelligence research and software development, has launched an artificial intelligence platform for on-premises use that it claims can cut costs by up to 90% from comparable cloud-based services. Called Private AI, the platform is intended to give organizations complete control over their data, infrastructure and brand ...
Databricks’ valuation hits $100B with latest funding round
Data analytics and artificial intelligence startup Databricks Inc. said it has reached terms to raise an unspecified amount of venture capital in a Series K round that values the company at more than $100 billion. The prospective funding comes just seven months after the company closed a $10 billion Series J round and $5.25 billion ...
Confluent Cloud brings real-time data to AI agents
Confluent Inc., maker of a platform for building and managing real-time data streaming pipelines using Apache Kafka, is offering a boost to organizations in financial services, healthcare, advertising and other time-dependent industries with today’s launch of Streaming Agents, a new capability in the company’s Confluent Cloud for Apache Flink. The feature is intended to help organizations ...
A Michigan elementary school is kicking off a new era of generative design
When Mt. Hope Elementary in Lansing, Michigan, opened its doors early this month, the ribbon-cutting wasn’t the only first. Beneath its floors and behind its walls lies 11,000 feet of electrical raceways precisely routed by artificial intelligence. For Francesco Iorio, the project caps a six-year-long journey to prove that AI can tackle the scale, complexity ...
AI infrastructure deals fuel strong earnings for Cisco
Strong artificial intelligence infrastructure orders carried Cisco Systems Inc. to fiscal fourth-quarter revenues and earnings that beat analysts’ estimates and marked a strong finish to the fiscal year. Quarterly revenue of $14.7 billion was up 8% from $13.64 billion last year and ahead of analyst estimates of $14.62 billion. Net income of $4 billion, or ...
Dell and HPE extend AI infrastructure lines with new Nvidia-powered systems
Two of the largest enterprise infrastructure vendors announced product line expansions designed to give customers more options for deploying artificial intelligence workloads at scale. New offerings from Dell Technologies Inc. and Hewlett Packard Enterprise Co. include systems and software updates that incorporate Nvidia Corp.’s latest graphics processing unit technology and AI software, alongside tools from ...