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Fractal Announces $360M Investment From TPG
January 5th, 2022 (0)
NEW YORK, Jan. 5, 2022 -- TPG, a leading global alternative asset firm, and Fractal (fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, today announced that they have signed a definitive investment agreement. TPG is ...

Deeplite Accelerates AI on Arm CPUs Using Ultra-Compact Quantization
January 4th, 2022 (0)
MONTREAL, Jan. 4, 2022 — Deeplite, a provider of AI optimization software designed to make AI model inference faster, more compact and energy-efficient, today announced Deeplite Runtime (DeepliteRT), a new addition to its platform that makes AI models even smaller and faster ...

WEKA Increases Funding to $140M to Accelerate AI Data Platform Adoption
January 4th, 2022 (0)
CAMPBELL, Calif., Jan. 4, 2022 — WEKA, the data platform for AI, today announced that Hitachi Ventures led its recent round raising $73 million in funding, which brings the total amount raised to $140 million. Other investors participating in ...

Bodo and Xilinx Collaborate To Bring Python Simplicity to Large-Scale Media Processing
January 4th, 2022 (0)
SAN FRANCISCO, Jan. 4, 2022 — Bodo Inc. today announced a collaboration with Xilinx, Inc., including a Xilinx investment in Bodo, to further develop parallel computing technology that will simplify access to highly efficient media processing on FPGA-enabled clusters. ...

Avalanche Computing Launches New Low-Code AI Tool at CES 2022
January 3rd, 2022 (0)
TAIPEI, Jan. 3, 2022 -- Taiwanese deep tech and hyper-scale computing developer Avalanche Computing is launching its new low-code artificial intelligence (AI) tool, hAIsten AI, on the global stage at CES 2022 in Las Vegas. Avalanche Computing will be showcasing their ...

Udelv Unveils Mobileye-Powered AV Transporter
January 3rd, 2022 (0)
Jan. 3, 2022 -- Today, Udelv unveiled its Transporter – the company’s next-generation autonomous delivery vehicle driven by Mobileye Drive – in advance of this week’s International Consumer Electronics Show 2022 in Las Vegas. The cab-less Transporter is designed ...

QCT Unveils New 5G Open Lab and AI Applications at Q.synergy 2021
January 3rd, 2022 (0)
TAOYUAN, Taiwan, Jan. 3, 2022 -- Quanta Cloud Technology (QCT), a leading data center hardware solution provider, held its 5G Open Lab opening event at its Taoyuan headquarters on Dec. 27 and held its annual company forum event on ...

NewVantage Partners Releases 2022 Data And AI Executive Survey
January 3rd, 2022 (0)
BOSTON, Jan. 3, 2022 -- NewVantage Partners, A Wavestone Company, strategic advisors to Fortune 1000 clients in data-driven business leadership since 2001, has released the results of its annual Data and AI Leadership Executive Survey. The theme of the 2022 ...

BBVA Teams with Accenture to Streamline Operations with Artificial Intelligence
December 23rd, 2021 (0)
MADRID, Dec. 23, 2021 -- Banco Bilbao Vizcaya Argentaria (BBVA) and Accenture have signed a collaborative agreement that is focused on accelerating digital transformation and applying analytics and artificial intelligence (AI) to drive faster decision-making and enhance the customer service experience. ...

Automation Anywhere to Acquire FortressIQ to Reimagine Intelligent Automation
December 23rd, 2021 (0)
SAN JOSE, Calif., Dec. 23, 2021 -- Automation Anywhere, a global leader in robotic process automation (RPA), today announced that it has entered into a definitive agreement to acquire cloud pioneer FortressIQ, a leading process discovery and mining company based ...
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