Cascading AI, a pioneering fintech startup formed by Stanford University and Y Combinator alumni, has successfully closed a $3.9 million pre-seed funding round, marking a significant stride towards harnessing advanced AI to unlock an astounding $1 trillion in value for the global banking industry. This funding round was led by Peterson Ventures, well-known for its […]
Capgemini has announced an alliance partnership with Mistral AI, a frontrunner in the artificial intelligence (AI) domain, to spearhead the evolution towards more accessible, versatile, and cost-effective generative AI implementations at scale. This partnership is set to enhance Capgemini’s extensive global client portfolio by incorporating Mistral AI’s advanced foundational models into their generative AI architecture, […]
Tempus, a pioneering company in the field of artificial intelligence and precision medicine, has announced the integration of its innovative Tempus One technology into the Tempus Lens data analytics platform. This significant development leverages generative AI to provide researchers with powerful tools for analyzing de-identified, multimodal data libraries. The integration aims to facilitate the extraction […]
Essential AI, a leader in generative artificial intelligence (gen AI), has announced a multi-year partnership with Google Cloud, aiming to revolutionize the development of full-stack gen AI products for enterprise users. This collaboration positions Google Cloud as Essential AI’s preferred cloud provider, focusing on delivering large language models (LLMs) tailored for enterprises. These models are […]
In a significant advancement for legal technology, Spellbook, the AI copilot specifically designed for lawyers, has successfully closed a $20 million Series A funding round, spearheaded by Inovia Capital. This pivotal round also saw participation from notable investors including Thomson Reuters Ventures, The Legaltech Fund, Bling Capital, Moxxie Ventures, Concrete Ventures, Path Ventures, N49P, and […]
Oracle has announced the general availability of the Oracle Cloud Infrastructure (OCI) Generative AI service, marking a significant milestone in the enterprise cloud computing space. This fully managed service integrates large language models (LLMs) from Cohere and Meta Llama 2, addressing a broad spectrum of business use cases with multilingual capabilities, supporting over 100 languages, […]
In a landmark move poised to redefine the technological landscape across various sectors, Mastek, a globally recognized digital engineering and cloud transformation partner, has announced a pivotal collaboration with tech giant Microsoft. This strategic partnership centers on harnessing the capabilities of Microsoft Azure OpenAI Service and Azure AI Services to pioneer innovative solutions across critical […]
Vodafone and Microsoft Corp. have recently unveiled a groundbreaking 10-year strategic partnership, designed to leverage their combined strengths in scaling digital platforms for over 300 million businesses, public sector organizations, and consumers across Europe and Africa. This alliance sets a new benchmark in the digital transformation landscape, merging Vodafone’s connectivity expertise with Microsoft’s prowess in […]
Tata Consultancy Services (TCS), a global leader in IT services, has taken a significant step towards creating one of the world’s largest AI-ready workforces. The company has made substantial progress in AI, training over 150,000 employees in foundational Generative AI skills. TCS’s commitment to AI innovation is clear in its latest endeavor, the launch of […]
In a significant move that promises to reshape the landscape of digital note-taking, Goodnotes, a leader in the digital paper application market, has announced the acquisition of Dropthebit, creators of Traw. Traw is a pioneering service known for its ability to automatically organize and summarize content from meetings, lectures, and videos into concise notes and […]