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,...
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...
