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…
Icertis and Evisort Announce Partnership to Accelerate Contract Intelligence
Icertis, the global leader in AI-powered contract intelligence, announced a new partnership with Evisort to accelerate customers’ journey to contract intelligence. This strategic partnership enhances value from the Icertis platform, enabling new and existing Icertis customers to leverage Evisort’s contract-specific AI engine to accelerate the ingestion and analysis of contract data to deliver actionable insights and optimized workflows.
In Cybersecurity news this week…
Secureworks Brings AI-Powered Threat Prevention and Detection To The Network With Taegis NDR
Secureworks, a global leader in cybersecurity, announced the release of Secureworks Taegis™ NDR, to stop nefarious threat actors from traversing the network. The dominance of cloud applications and remote working has created an explosion in network traffic, up over 20% from 2023 to 2024. Adversaries are taking advantage of these increased volumes to lurk unseen and slip past defenses. Taegis NDR leverages AI to uncover hidden threats, integrating threat prevention, detection and response to halt malicious activity on the network.
In IT and DevOps news this week…
Appvance and DMI have formed a strategic partnership to revolutionize the software quality landscape for enterprises in the public and private sectors. This partnership marks a commitment to accelerate digital transformation by harnessing the power of generative AI to empower organizations to elevate competitiveness and operational agility.
In Computing news this week…
SK hynix Develops Next-Generation Mobile NAND Solution ZUFS 4.0
SK hynix Inc. announced that it has developed the Zoned UFS, or ZUFS* 4.0, a mobile NAND solution product for on-device** AI applications. *Zoned Universal Flash Storage(ZUFS): a NAND Flash product that improves efficiency of data management. The product optimizes data transfer between an operating system and storage devices by storing data with similar characteristics in the same zone of the UFS, a flash memory product for various electronic devices such as digital camera and mobile phone.
In Robotic Process Automation news this week…
Lucid Bots Inc. Raises $9M Series A to Scale Productive Robotics Solutions
Lucid Bots Inc., an industry leader in cutting-edge robotics for labor-intensive tasks, announced that it has raised $9.1M in Series A funding led by Cubit Capital, with participation from Idea Fund Partners, Danu Venture Group, and existing investors that include Y Combinator’s Growth Fund and Gratus Capital. Lucid Bots will utilize the funding to advance its portfolio of autonomous robotic solutions, including its flagship Sherpa cleaning drone and Lavo Bot pressure washing robot products, while rapidly scaling its operations and team to better serve its growing customer base and expand its platform into new markets.
In Cloud news this week…
Global security leader Forcepoint introduced Forcepoint ONE Data Security, an enterprise-grade unified cloud-managed solution designed to simplify data protection with zero-trust principles for all organizations. The new Forcepoint SaaS solution provides unified management for endpoint and multi-channel cloud data security, eliminating the need for multiple tools and complex policy management. Unlike traditional solutions that take considerable time to deploy or multiple tools to manage, Forcepoint offers a single place to manage data security policy for global compliance and proactive breach prevention across all digital channels.
In Healthcare news this week…
Sorcero Generative AI Platform Achieves Breakthrough in Patient Accessibility
Sorcero, a leading Google Cloud healthcare and life science ecosystem partner, has developed a revolutionary generative AI (gen AI) solution for creating plain language summaries (PLS) of complex scientific content. This innovative approach aims to bridge the gap between scientific research and public understanding, making critical information more accessible to a broader audience.
In Generative AI news this week…
ServiceNow and Microsoft Corp. announced an expanded strategic alliance, combining their industry-leading generative AI capabilities to enhance employee choice and flexibility. The new ServiceNow Now Assist and Microsoft Copilot integration brings the power of two generative AI assistants into one seamless enterprise experience, making it easier than ever to create value for enterprise workers and for employees to unlock new productivity avenues.
In Machine Learning news this week…
Atlan’s Control Plane to Power Data & AI Governance Attracts $105M, Elevating Valuation to $750M
Emerging as a fast-growing force in data and AI governance, Atlan announced a $105 million Series C funding round, led by GIC, Singapore’s sovereign wealth fund, along with co-investor Meritech Capital, early backers of disruptors like Snowflake and Datadog. Existing investors Salesforce Ventures and PeakXV Partners participated in the round, bringing Atlan’s total raised to more than $206 million, including contributions from top institutional investors such as Insight Partners and Waterbridge Ventures.
Insight of the Week
How Do AI Predictive Analytics in Healthcare Improve Patient Outcomes?
The ability to predict and prevent adverse events before they occur has long been a challenge. The lack of accurate and timely insights into patient conditions often leads to delayed interventions and suboptimal outcomes. However, AI predictive analytics in healthcare presents a powerful solution to this problem. By harnessing vast amounts of patient data and leveraging advanced machine learning algorithms, AI predictive analytics enables healthcare providers to identify patterns, forecast risks, and intervene proactively. Read on!
