Twelve Labs, the video understanding company, announced that it raised $50 million in Series A funding to fuel the ongoing development of its industry-leading foundation models dedicated to all aspects of video. The round was co-led by new investor New Enterprise Associates (NEA) and NVentures, NVIDIA's venture capital arm, which recently participated in...
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…
Quantexa Announces Partnership with Databricks to Help Customers Rapidly Scale Data and AI Initiatives
Quantexa, the global leader in...
Designed, trained, and optimized on high-quality multilingual data, TowerLLM provides best-in-class performance in translation and on a wide variety of translation tasks
Unbabel, the AI-powered Language Operations (LangOps) platform that helps businesses deliver multilingual customer experience at scale, announced the launch of TowerLLM, the first Large Language Model (LLM) designed,...
Tines, the trusted leader in smart, secure workflows, announced the general availability of its first native AI features: Automatic Mode and AI Action. Customers are already experiencing a significant impact from these two new AI capabilities within the Tines platform by leveraging Large Language Models (LLMs) in a trustworthy...
Pure Storage, the IT pioneer that delivers the world's most advanced data storage platform, and LandingAI, the leading visual AI company, announced Pure's strategic investment in LandingAI to help power the future of vision AI.
Pure Storage delivers a data storage platform that enables customers to realize the potential of...
Nintex, a leader in process intelligence and automation, announced new AI-powered improvements across the Nintex Process Platform that significantly reduce the time required to document, manage, and automate business processes. The new features add to the growing portfolio of AI capabilities across the Nintex Process Platform.
"Business leaders are grappling...
LandingAI, the leader in visual AI solutions, announced at Snowflake's annual conference, Snowflake Data Cloud Summit '24, that it has launched LandingLens in Snowflake Marketplace. LandingAI's Snowflake native app simplifies the creation and deployment of computer vision AI projects, natively within customers' Snowflake accounts.
"I'm thrilled about deepening our partnership with...
Warehouse automation leader earns prestigious recognition for unwavering dedication to compliance in safeguarding customer data and upholding rigorous security standards
Locus Robotics, the market leader in autonomous mobile robots for fulfillment warehouses, has been honored with the 2024 Fortress Cybersecurity Award in the Compliance category by the Business Intelligence Group....
Kumo AI, a leader in predictive AI, announced it has launched Kumo as a Snowflake Native App in Snowflake Marketplace in private preview. Kumo helps data scientists build highly accurate machine learning (ML) models that better predict user and customer behavior by combining graph learning over enterprise data with generative AI models...
Nowadays, most organizations generate massive amounts of data, making it difficult to search for relevant information. Every day creates 328.77 million terabytes of data. Trying to mine large datasets for useful data can be expensive and takes a lot of time. This is where the AI document processing method...
