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AI

The dawn of AI factories: Nvidia’s full-stack platform tackles AI demands in financial services

By Victor Dabrinze Jun 11, 2024

Generative artificial intelligence is set to revolutionize the financial services industry, marking a confluence of technology and business operations. While the sector has utilized AI for decades, factors such as the rise of AI…

AI

Revolutionizing the automobile industry: How AI and open-source software are driving innovation

By Alice Gillin Jun 11, 2024

Generative artificial intelligence and open-source software are used across various industries, and up until recently, one of the most often overlooked is the automobile industry, which has a large and innovative use case for…

Big Data

AlphaSense raises $650M at $4B valuation, agrees to acquire rival Tegus in $930M deal

By Kyt Dotson Jun 11, 2024

Market intelligence platform AlphaSense Inc. said today it has raised $650 million in funding, bolstering its valuation to $4 billion, and agreed to buy rival firm Tegus Ltd. in a deal valued at $930 million. The funding…

AI

AWS transforms financial services with cutting-edge generative AI and cloud solutions

By Ryan Stevens Jun 11, 2024

The recent AWS Financial Services Symposium was a chance to dive deep into the evolution of generative AI in financial services. In that industry, there’s been a multi-year transformation to the cloud. But there’s a big…

Big Data

Apica integrates complex data management capabilities to enhance application observability

By Mike Wheatley Jun 11, 2024

Application monitoring and data management startup Apica AB has finally delivered on the integrations it promised following its recent acquisitions of Logiq.ai LLC and Circonus Inc. The company said today that its newly enhanced…

AI

French open-source AI model startup Mistral AI raises $640M at $6B valuation

By Kyt Dotson Jun 11, 2024

Mistral AI, a Paris-based artificial intelligence startup, today announced that it has raised €600 million ($640 million) in new funding at a valuation of $6 billion in a round led by General Catalyst. The…

AI

Automation Anywhere levels up business process automation with generative AI

By Mike Wheatley Jun 11, 2024

Business process automation software firm Automation Anywhere Inc. used its annual user conference today to unveil a new AI + Automation Enterprise System that infuses the latest advances in generative artificial intelligence with its…

AI

On the AI Insights and Innovation podcast: Where are the use cases to justify generative AI investment?

By Mark Albertson Jun 11, 2024

Generative AI investment is a focus of attention for processor manufacturers and cloud providers, as recently seen in Microsoft Corp.’s adoption of AMD Inc.’s MI300X AI chips in the Azure platform. Yet this interest…

AI

RelationalAI weighs in on how it’s using Snowflake Marketplace for native app monetization

By Ryan Stevens Jun 11, 2024

Cloud players have made it abundantly clear: Ecosystems are important, but so are marketplaces. At Data Cloud Summit, one of the prominent companies using the Snowflake Marketplace is RelationalAI Inc. At the event, details…

AI

AI-powered voice clarity startup Tomato.ai launches with $2.1M in seed funding

By Mike Wheatley Jun 11, 2024

Tomato.ai Inc., an artificial intelligence startup that’s using generative AI to improve voice communications, said today it has closed a $2.1 million seed funding round. The investment was led by existing investors Cardumen Capital…

explore news

The dawn of AI factories: Nvidia’s full-stack platform tackles AI demands in financial services

AlphaSense raises $650M at $4B valuation, agrees to acquire rival Tegus in $930M deal

AWS transforms financial services with cutting-edge generative AI and cloud solutions

Apica integrates complex data management capabilities to enhance application observability

French open-source AI model startup Mistral AI raises $640M at $6B valuation

Automation Anywhere levels up business process automation with generative AI

On the AI Insights and Innovation podcast: Where are the use cases to justify generative AI investment?

RelationalAI weighs in on how it’s using Snowflake Marketplace for native app monetization

AI-powered voice clarity startup Tomato.ai launches with $2.1M in seed funding

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