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UptimeAI Raises $14M to Scale AI-Driven Plant Monitoring Across US Industrial Sectors
August 13th, 2024 Comments Off on UptimeAI Raises $14M to Scale AI-Driven Plant Monitoring Across US Industrial Sectors
HOUSTON, Aug. 13, 2024 -- UptimeAI announced it has raised $14 million in Series A funding to boost its North American operations. WestBridge Capital led the round, with participation from Emergent Ventures and Aditya Birla Ventures. This funding will ...

UAE’s Technology Innovation Institute Launches Falcon Mamba 7B
August 12th, 2024 Comments Off on UAE’s Technology Innovation Institute Launches Falcon Mamba 7B
ABU DHABI, United Arab Emirates, Aug. 12, 2024 -- The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has released a new large language ...

IBM and WWF-Germany to Build New AI Solution to Support Conservation of Keystone Species
August 12th, 2024 Comments Off on IBM and WWF-Germany to Build New AI Solution to Support Conservation of Keystone Species
ARMONK, N.Y., Aug. 12, 2024 -- Today, IBM and the World Wide Fund For Nature - Germany (WWF) announced they will work together to explore developing a new solution to support the monitoring of keystone species, starting with the critically ...

AMD Completes Acquisition of Silo AI
August 12th, 2024 Comments Off on AMD Completes Acquisition of Silo AI
SANTA CLARA, Calif., Aug. 12, 2024 -- AMD today announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe. The all-cash transaction valued at approximately $665 million furthers the company’s commitment to deliver ...

Linux Foundation Welcomes the Open Model Initiative to Promote Openly Licensed AI Models
August 12th, 2024 Comments Off on Linux Foundation Welcomes the Open Model Initiative to Promote Openly Licensed AI Models
SAN FRANCISCO, Aug. 12, 2024 -- Today, the Linux Foundation, the nonprofit organization enabling mass innovation through open source, is excited to welcome the Open Model Initiative (OMI) to the Linux Foundation community. The OMI aims to foster the ...

deepset Launches Studio for Architecting LLM Applications with Native Integrations
August 12th, 2024 Comments Off on deepset Launches Studio for Architecting LLM Applications with Native Integrations
LAS VEGAS, Aug. 12, 2024 -- deepset today announced an expansion of its offerings with deepset Studio, an interactive tool that empowers product, engineering and data teams to visually architect custom AI pipelines that power agentic and advanced RAG applications. ...

Microsoft Partners with Palantir to Enhance AI Capabilities for US Defense and Intelligence
August 9th, 2024 Comments Off on Microsoft Partners with Palantir to Enhance AI Capabilities for US Defense and Intelligence
Aug. 9, 2024 -- Palantir Technologies Inc. and Microsoft Corporation have announced a significant advancement in their partnership to bring some of the most sophisticated and secure cloud, AI and analytics capabilities to the U.S. Defense and Intelligence Community. This ...

Snorkel AI Signs Agreement with BNY to Accelerate the Development of AI Models
August 9th, 2024 Comments Off on Snorkel AI Signs Agreement with BNY to Accelerate the Development of AI Models
NEW YORK, Aug. 9, 2024 -- Snorkel AI has announced a new strategic agreement with BNY to provide the global financial services company with software, expertise and insights that help turn unstructured data into actionable insights and solutions for ...

Google Cloud Reports 86% of Gen AI Early Adopters Achieve Revenue Growth
August 8th, 2024 Comments Off on Google Cloud Reports 86% of Gen AI Early Adopters Achieve Revenue Growth
SUNNYVALE, Calif., Aug. 8, 2024 -- Google Cloud today shared new global research that showcases the tangible return-on-investment (ROI) of generative AI (gen AI) initiatives across industries and markets worldwide. Conducted by National Research Group and commissioned by Google ...

CalypsoAI Builds on Success of Customizable GenAI Scanners with Multiple Product Updates
August 8th, 2024 Comments Off on CalypsoAI Builds on Success of Customizable GenAI Scanners with Multiple Product Updates
WASHINGTON, Aug. 8, 2024 -- CalypsoAI, a leader in AI security, unveiled at Black Hat USA 2024 that users now have access to a suite of new, industry-leading functionalities allowing them to customize their generative AI (GenAI) security measures ...
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