Tagged: ai

Exabeam, a Cybersecurity Firm, Expands Partnership with Google Cloud in Development of Generative AI Models

Exabeam, a global cybersecurity firm that created New-Scale SIEM for advancing security operations, and a 2023 Google Cloud Technology Partner of the Year for Security – Analytics, announced it is expanding its partnership with Google Cloud in “the development of generative artificial intelligence (AI) models… Read More

HouseStars, the UK’s AI-powered App Connecting Tradespeople to Property Owners, Secures £121,369 via Seedrs

HouseStars, the UK’s AI-powered, all-inclusive app, connecting tradespeople to property owners, has secured 97% (£121,369) of its £125,001 target from 67 investors with 26 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Located in the United Kingdom, the firm operates in the… Read More

HiddenLayer, a Security Provider for AI Models and Assets, Raises $50M Series A

HiddenLayer, the security provider for artificial intelligence (AI) models and assets, has raised $50 million in Series A funding to expand its talent base, increase go-to-market efforts, and further invest in its Machine Learning Security (MLSec) Platform. The investment round marks the largest Series A… Read More

Fintech HighRadius Introduces FreedaGPT: Generative AI for the Office of the CFO

HighRadius, the provider of Autonomous Finance Software for Order to Cash, Treasury, and Record to Report, launched FreedaGPT – Generative AI for the Office of the CFO. FreedaGPT is the next generation of Freeda – HighRadius’ AI-enabled digital assistant “for Order to Cash, Treasury, and… Read More

Trade Ledger Introduces Bank Solution with Microsoft Azure OpenAI Service

Trade Ledger announces it will launch a new solution integrating Microsoft Azure OpenAI Service designed exclusively for Business Owners, CFOs and Financial Directors in small and medium-sized businesses (SMBs). SMBs often don’t have the resources or in-house expertise “to access and understand information to optimize… Read More

SolasAI Improves Bias Explainability and Mitigation Library

SolasAI, a provider of market-proven algorithmic fairness AI software, this week announced enhancements to the SolasAI Bias Explainability & Mitigation Library to produce fairness results faster and more efficiently while enabling companies to safely and quickly innovate with artificial intelligence. The update reduces fairness results… Read More

Learn.xyz Launches Generative AI-Powered Learning App Following $3m Seed Funding

Learn.xyz, a startup focusing on generative AI in education, has unveiled its innovative, AI-driven social learning app for iOS and Android platforms. This launch coincides with the company’s successful $3 million Seed funding. The new app, catering to a worldwide audience, offers the unique ability… Read More

Germany: Defense AI Firm Helsing Scores €209m in Series B Funding

Defense AI firm Helsing has announced raising €209 million in its Series B funding round anchored by General Catalyst and backed by strategic investment from the renowned Swedish group, Saab. Established in 2021, Helsing’s identity is carved as a contemporary defense firm, primarily focusing on… Read More

Data and AI firm Databricks raises $500m at $43bn valuation

Databricks, a data and artificial intelligence company has successfully raised over $500 million in its Series I funding round, bringing the company’s valuation to $43 billion. With this move, each share of the company is now valued at $73.50, according to an announcement. The financing… Read More

KASIKORNBANK Launches KXVC, a $100m Fund for AI, Web3, and Deep Tech Startups

Thailand’s digital bank, KASIKORNBANK (KBank), has launched a $100 million flagship fund, KXVC, aimed at fintech startups specializing in AI, Web3, and Deep Tech globally. The move is set to capitalize on the booming digital economy in the Asia-Pacific (APAC) region, projected to hit $1… Read More

TaxBit Introduces AI-Enhanced Rules Engine for Digital Currency Accounting

TaxBit, the end-to-end modern tax and accounting solution for the digital economy, announced its AI-enabled rules engine “to empower businesses dealing with cryptocurrencies to streamline their accounting processes.” As the global cryptocurrency market surpasses a market capitalization of over $1 trillion, businesses “face mounting challenges… Read More

Provenir, a Provider of AI-enhanced Risk Decisioning Software, Appoints Andres Elizondo as Chief Financial Officer

Provenir, which claims to be a global leader in AI-powered risk decisioning software, announced the appointment of Andres Elizondo as its new Chief Financial Officer. Elizondo brings a wealth of experience which “combines both finance and strategy, with a focus on driving and delivering long-term… Read More

Insurtech Cowbell Continues UK Expansion with Launch of Adaptive Cyber Insurance Program

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced plans to further expand its footprint in the UK market “with a new senior appointment and launch of its AI-powered cyber insurance program.” With more than half (54%) of SMEs in… Read More

Money Management: Fintech Magnifi Announces New Initiative Supported by Financial Professional Nicole Lapin

Money News Network and Magnifi announced a “first-of-its-kind” podcast, “Money Assistant,” hosted by financial expert Nicole Lapin and the voice of Magnifi’s AI-powered investing assistant. This collaboration promises to improve “the way listeners engage with personal finance, offering a fresh blend of human expertise and… Read More

Cytora, CAPE Analytics to Enhance Commercial Property Risk Assessment

Cytora, the digital risk processing platform, is pleased to announce an integration with CAPE Analytics, a provider of AI-powered geospatial property data. CAPE Analytics’ commercial property data APIs will be “accessible on the Cytora platform, enhancing insurers’ capabilities to assess and manage risks associated with… Read More

Fintech Klarna Claims it’s the Only Bank Among ChatGPT Enterprise Launch Clients

Klarna, the AI-powered payments network and shopping assistant, claims it has “taken the lead” in AI adoption as reportedly “one of the first early leaders deploying ChatGPT Enterprise, which brings the power of AI to all Klarna employees with beefed -up security, higher-speed and advanced… Read More

IBM, Salesforce Join Forces to Accelerate Adoption of Trustworthy AI

IBM and Salesforce have recently formed a partnership designed to help businesses worldwide accelerate the adoption of artificial intelligence (AI) for customer relationship management (CRM). This significant collaboration between two industry giants is expected to revolutionize experiences for customers, partners, and employees while also ensuring… Read More

Governments, Fintech Centers Focused on Reviving Tech Sector Globally, Report Reveals

Ecosystems in the East and West are to promote startups and investments in AI, Web3, and crypto currencies have taken measures to add new life in a sector that has been facing headwinds from risk aversion and rising inflation rates, a review compiled by The… Read More

Majority of Small Businesses Concerned AI Development, Adoption Is Outpacing Regulation

Research from Xero, the global small business platform, has revealed that 80% of small business owners are concerned AI development and adoption is “outpacing regulation, as generative AI tools permeate various industries and the workforce.” Xero’s Future Focus AI research “surveyed over 3,000 small business… Read More

UAE Government, Mastercard to Accelerate Adoption of Artificial Intelligence

Mastercard (NYSE:RSKD) has established a Global Centre for Advanced AI and Cyber Technology in Dubai. The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office and Mastercard signed a Memorandum of Understanding “to increase Artificial Intelligence (AI) capabilities and readiness in the region.” An… Read More

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