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Dremio Raises $135M in Series D Funding to Drive Data Lake Transformation
January 6th, 2021 (0)
SANTA CLARA, Calif., Jan. 6, 2021 -- Dremio, a leader in data lake transformation, today announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. This preemptive fundraising occurred just nine months ...

Paradox Acquires Israeli Chatbot Spetz.io to Expand Client Service Capabilities
January 5th, 2021 (0)
SCOTTSDALE, Ariz., Jan. 5, 2020 -- Paradox, a conversational AI platform helping global talent acquisition teams automate recruiting tasks like screening, interview scheduling, and candidate communications, announced today the acquisition of Spetz.io, an Israeli startup helping clients like EY ...

IBM Study: Majority of Surveyed Companies Not Prepared for Future IT Needs, Say Tech Leaders
January 5th, 2021 (0)
ARMONK, N.Y., Jan. 5, 2021 -- Many corporate IT leaders say their organizations are not prepared for the future IT needs of the business and nearly all are moving to advance their transition to cloud infrastructure, according to a ...

Adastra Joins Scale AI Supercluster Community
January 5th, 2021 (0)
Jan. 5, 2021 -- Adastra Corporation, a global leader in Data Management, AI and Analytics, is proud to announce that it is now a part of the Scale AI community. Scale AI is a Government of Canada-supported supercluster aimed ...

TIBCO Completes Acquisition of Information Builders
January 5th, 2021 (0)
PALO ALTO, Calif., Jan. 5, 2021 -- TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges. Today, TIBCO announced it has successfully ...

Dubai’s Transit Authority to Tap into AI for Better Crowd Management at Metro Stations
January 4th, 2021 (0)
Jan. 4, 2021 -- Roads and Transport Authority (RTA), a government agency of Dubai, United Arab Emirates, has embarked on a trial phase of using artificial intelligence and simulators to streamline the demand for the metro service. The technology ...

European AI Alliance’s Reflections on 2 Years of AI Policy
December 30th, 2020 (0)
Dec. 30, 2020 -- In a blog post, Lucilla Sioli, Director for Artificial Intelligence and Digital Industry within Directorate-General CONNECT at the European Commission, summarizes the Commission's efforts over the past two years to develop a comprehensive AI policy. ...

Pepperl+Fuchs Partners with o9 Solutions to Enable End-to-End Integrated Business Planning
December 30th, 2020 (0)
DALLAS, Dec. 30, 2020 -- o9 Solutions has announced that German-based company, Pepperl+Fuchs SE, will implement o9's AI-powered platform globally to establish Demand, Supply, and Integrated Business Planning. Pepperl+Fuchs will leverage the next-generation capabilities of the o9 platform to ...

Graphcore Raises $222M in Series E Funding Round
December 30th, 2020 (0)
BRISTOL, England, Dec. 30, 2020 -- Graphcore – maker of the Intelligence Processing Unit, a new type of microprocessor specifically designed to support artificial intelligence workloads – announced that it has raised $222 million in a Series E funding ...

Aramco Announces Alliance with SAP Saudi Arabia to Expand its SAP Enterprise Resource Planning System
December 29th, 2020 (0)
DHAHRAN, Saudi Arabia, Dec. 29, 2020 -- Aramco has announced a strategic alliance with SAP Saudi Arabia to expand the digitalization of its Enterprise Resource Planning (ERP) systems. The agreement with SAP is another step in Aramco’s digital transformation ...
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