Octagos Health, an industry-leading provider of AI-driven cardiac device monitoring solutions, announced a successful equity raise of over $43 million in investment capital. The Series B investment round was led by funds managed by Morgan Stanley Expansion Capital, with continued participation from Mucker Capital and other strategic investors. This funding...
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, was named “2024 Technology Partner of the Year” at the recent ICA Compliance Awards 2024 Europe for its partnership with South African-based pan-African bank Absa Group Limited to combat financial crime.
SymphonyAI and Absa were selected from among the...
aiOla's proprietary model significantly improves on OpenAI's Whisper, achieving a 45% increase in speech recognition accuracy when transcribing domain-specific dialogue
aiOla, a leader in speech recognition technology, has announced a new AI model that leverages their breakthrough research into jargon detection, allowing it to instantly adapt to the unique vocabulary of...
IXDen, a global leader in cybersecurity and operational failure prediction, has been selected by Google for its AI Fund. The prestigious award recognizes top companies that have developed and implemented innovative and groundbreaking AI solutions.
IXDen has been accepted into Google for Startups' prestigious AI program, which focuses on Artificial...
Rossum, a leader in intelligent document processing, announced a strategic partnership with 8Quanta, a leading finance consulting firm, to reinforce its capabilities in terms of NetSuite integrations for its US client base.
This collaboration brings together Rossum's AI-first document automation platform with 8Quanta's proven track record in NetSuite implementation, optimization, and support...
LG Electronics (LG) recently acquired an 80 percent stake in Athom, an industry-leading smart home platform company based in Enschede, Netherlands. The agreement includes plans to acquire the remaining 20 percent within the next three years. This strategic move aims to enhance LG's connectivity within open smart home ecosystems. By...
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…
Trianz Welcomes Priyanshu Singh as Vice President & Chief of Staff to the CEO
Trianz, a global digital transformation...
Radiant Vision Systems, a leading provider of imaging systems for scientific evaluation of light sources and displays, announced Stone Jiang as their new Chief Executive Officer. Jiang will replace Doug Kreysar, who has announced his transition into retirement.
Radiant Vision Systems, a leading provider of imaging systems for scientific evaluation of light sources...
Sanctuary AI, a company on a mission to create the world's first human-like intelligence in general purpose robots, has announced a strategic investment from BDC Capital's Thrive Venture Fund and InBC Investment Corp. (InBC). This brings the total investment in Sanctuary to over $140 million to date. BDC is Canada's most active venture capital investor, and InBC is...
InterDigital, Inc., a mobile, video and AI technology research and development company, announced it has signed a new license agreement with Google.
The agreement licenses a range of devices including Pixel smartphones, Fitbit wearables and other consumer electronics devices to InterDigital’s cellular wireless, Wi-Fi, and HEVC video patented technologies.
“This agreement...
