xAI is pleased to announce their Series B funding round of $6 billion with participation from key investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, amongst others.
xAI has made significant strides over the past year....
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 Bolsters Leadership Team for Future as Definitive Platform for Enterprise Contract Intelligence
Icertis, the global leader in AI-powered contract...
Proxet Group Inc. (Proxet), a global full-service digital engineering firm serving brand name clients on the cutting edge of innovation in healthcare, lifesciences, fintech, e-commerce, and real estate announces its strategic partnership with Palantir Technologies Inc. (Palantir), a leading builder of AI systems for the enterprise.
Palantir offers an integrated...
Touchcast announced the launch of one of the world's first global Cognitive Content Delivery Network (cCDN) for large language models (LLMs) available only on Microsoft Azure. The cCDN, deployed across all Azure data centers, leverages Touchcast's proprietary cognitive caching technology and regional superclusters running Azure OpenAI Service models to deliver unparalleled cost-efficiency,...
Series A financing led by Glenn Solomon at Notable Capital underscores urgent need for companies to deploy large language models with confidence
Patronus AI announced it is raising a $17 million Series A round, bringing the total amount raised to $20 million. The financing was led by Glenn Solomon at Notable Capital with participation from Lightspeed Venture Partners,...
Concepta Technologies, LLC, a technology company specializing in software development and programming in the areas of mobile, web, digital transformation, and artificial intelligence, announces the launch of its Machine Advancement and General Intelligence Center (MAGIC), a collaborative research program, virtual incubator, and service center for artificial intelligence (AI) and...
NinjaTech AI, a Silicon Valley-based generative AI company on a mission to make everyone more productive by taking care of time-consuming tasks, announced the launch of its new personal AI, Ninja, an evolution beyond AI assistants and co-pilots to autonomous agents. NinjaTech AI is leveraging Amazon Web Services' (AWS)...
Grid Dynamics Holdings, Inc., a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, proudly announced it has achieved the prestigious Amazon Web Services (AWS) Machine Learning Competency. This newest designation validates Grid Dynamics’ expertise in leveraging AWS technologies to drive innovation in data...
IBM announced several new updates to its watsonx platform one year after its introduction, as well as upcoming data and automation capabilities designed to make artificial intelligence (AI) more open, cost effective, and flexible for businesses. During his opening keynote, CEO Arvind Krishna will share the company’s plans to invest in, build and...
Dell Technologies expands the Dell AI Factory with NVIDIA to include new server, edge, workstation, solutions and services advancements that speed AI adoption and innovation.
“Organizations are moving quickly to capture the AI opportunity, which is why our collaboration with NVIDIA is so important,” said Michael Dell, founder and CEO,...
