CoreWeave, the AI hyperscaler, announced it has signed a definitive agreement for a $7.5 billion debt financing facility led by funds managed by Blackstone ("Blackstone"), with strategic participation from Magnetar (Co-Lead Investor) and Coatue. Participation in the financing also included Carlyle, CDPQ, DigitalBridge Credit, funds and accounts managed by BlackRock,...
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…
Camunda Unveils AI Capabilities to Streamline Enterprise Journey from Siloed Automation to End-to-End Orchestration
Camunda announced the addition of...
New financing led by Bessemer Venture Partners will expand go-to-market operations and accelerate product roadmap
Voxel51, the leader in visual AI, announced that it has closed a $30M Series B funding round. The round was led by Bessemer Venture Partners, with participation from new investor Tru Arrow Partners and existing investors...
ChatGPT marked the beginning of AI hail. This trend continues to thrive even today as more people favor AI to increase their efficiency.
Now, the pressing question is: What’s next?
The answer is multimodal AI models. Within the ongoing AI revolution, this is one of the most promising trends. Multimodal generative...
The leading AI data development platform adds its first CDO, CFO, CMO and CPO and announces SnorkelCon to be held in New York City
Snorkel AI is building upon its latest phase of rapid growth with four major c-suite appointments. Collectively, these executives are AI pioneers and experts in global scale, with...
PurpleCube AI, a unified data orchestration platform, has partnered with Snowflake, the Data Cloud company, to drive data-driven innovation at unprecedented speed and scale by embedding the power of Generative AI directly into the data engineering process.
This approach enables joint customers to unify all data engineering functions on a single...
SensiML™ Corporation, a leader in AI/ML software for the IoT and a subsidiary of QuickLogic, announced it is disrupting the TinyML® market by being the first to offer a complete, open-source AutoML solution for the development of edge AI/ML applications with its popular Analytics Studio application. The open-source model already...
New quarterly benchmarking calculates accuracy and costs of major LLM providers using verified industry evaluation methods
Indico Data, the industry's leading solution for the automating of critical intake workflows across insurance, financial services, and healthcare, has announced the release of an industry-first benchmark site evaluating large language models (LLMs) for document...
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...
Functioning Like a “Central Nervous System” for Data and AI, Atlan is Crafting a Future-Proof Trust and Context Layer for Modern Enterprises
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...
