Here is AITech365’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Analytics news this week…
Danti Raises $5M to Deploy it’s AI Data Analyst
Danti, an AI company building a revolutionary AI Data Analyst who can answer questions about any place and time – instantly, announced it has raised $5M in a Seed round led by Shield Capital. Also participating are existing investors Tech Square Ventures, Humba Ventures and Leo Polovets, Space.VC, and Radius Capital.
In Cybersecurity news this week…
CyCognito Announces New AI Features to Enhance Attack Surface Asset Discovery and Testing
CyCognito announced a major expansion of its leading Exposure Management platform. The latest enhancements introduce new AI search, enabling plain language queries across any customer’s attack surface, as well as the ability to process financial information from multiple countries in multiple languages to extract and analyze organizational data. CyCognito now also translates machine-readable signals into human-readable statistics and labels.
In IT and DevOps news this week…
MongoDB, Inc. announced the MongoDB AI Applications Program (MAAP) that is designed to help organizations rapidly build and deploy modern applications enriched with generative AI technology at enterprise scale. MAAP provides customers strategic advisory, professional services, and an integrated end-to-end technology stack from MongoDB and its partners. MAAP launch partners include industry-leading consultancies and foundation model (FM), cloud infrastructure, and generative AI framework and model hosting providers that together with MongoDB help customers identify business problems that can be solved with advanced AI-powered applications.
In Computing news this week…
CoreWeave, the leading specialized cloud provider for AI, announced it has secured $1.1 billion in new funding, led by Coatue, with participation from Magnetar who led the last primary round, as well as Altimeter Capital, Fidelity Management & Research Company, and Lykos Global Management. New funding will be used to support the rapid growth across all areas of the business, and CoreWeave’s expansion into new geographic regions to meet the explosive demand for GPU accelerated cloud infrastructure worldwide.
In Robotic Process Automation news this week…
Vention, the cloud robotics company, released a suite of AI-powered capabilities to its Manufacturing Automation Platform (MAP). These new capabilities, available immediately to the more than 4,000 manufacturers already using Vention, strengthen the company’s position as the only end-to-end platform to design, automate, order, deploy and operate automated equipment and robot cells in the cloud.
In Cloud news this week…
Oracle Database 23ai Brings the Power of AI to Enterprise Data and Applications
Oracle Database 23ai, the latest release of Oracle’s converged database, is now generally available as a broad range of cloud services. This long-term support release includes Oracle AI Vector Search and more than 300 additional major features focused on simplifying the use of AI with data, accelerating app development, and running mission-critical workloads. The new AI Vector Search capabilities enable customers to securely combine search for documents, images, and other unstructured data with search on private business data, without moving or duplicating it.
In Healthcare news this week…
Deep 6 AI, the leader in AI-powered patient recruitment and real-world data (RWD), together with Magnolia Market Access, a provider of tailored RWD insights and strategies for market access, health economics and outcomes research (HEOR), and healthcare policy, announced a partnership to accelerate stakeholder decision-making across the pharmaceutical, biologic, and medical device product lifecycle. The combined RWE generation solution uses AI to develop fit-for-purpose, analysis-ready clinical data sets from electronic medical record (EMR) data months faster than traditional approaches.
In Generative AI news this week…
Agiloft Extends Lead in Delivering “AI Your Way” with Differentiated Generative AI Capabilities
Agiloft, the most trusted global leader in data-first contract lifecycle management (CLM), announced enhanced capabilities for contract intelligence and connectivity. The new Generative AI Prompt Lab capabilities empower users to leverage public or private large language models (LLMs) to enhance any contract data within their Agiloft environment bringing, for the first time, organization-specific AI capabilities to every element of contract lifecycle management. Additionally, in response to the growing demand for expanding access to AI across the organization, the new ConvoAI Document Q&A™ enables any authorized user to use Generative AI to find, analyze, contextualize, and extract information from any contract through the standard Agiloft document viewer.
In Machine Learning news this week…
Confluent, Inc., the data streaming pioneer, announced AI Model Inference, an upcoming feature on Confluent Cloud for Apache Flink®, to enable teams to easily incorporate machine learning into data pipelines. Confluent introduced Confluent Platform for Apache Flink®, a Flink distribution that enables stream processing in on-premises or hybrid environments with support from the company’s Flink experts. Confluent also unveiled Freight clusters, a new cluster type for Confluent Cloud that provides a cost-effective way to handle large-volume use cases that aren’t time-sensitive, such as logging or telemetry data.
Insight of the Week
AI in Mobile App Development: Trends, Technologies, and Insights
In the ever-evolving landscape of mobile app development, one technological powerhouse stands out: Artificial Intelligence (AI). As smartphones become increasingly integral to our daily lives, developers are leveraging AI in mobile app development to create smarter, more intuitive applications. As the Android and iOS platforms are inundated with more than 8 million applications, users are increasingly demanding enhanced experiences, prompting developers to seek inventive methods to improve user satisfaction and stay ahead in a fiercely competitive mobile app market.