Tagged: ai

October 1, 2023 @ 8:00 pm By Omar Faridi  |  

Klarna, the AI powered global payments network, announced the launch of several new products and services aimed to promote circularity and encourage smart shopping. With these updates, Klarna continues to evolve beyond payments “to become a starting point for every purchase for 150 million consumers… Read More

September 28, 2023 @ 10:59 am By Michael Wong  |  

OpenAI, the company behind ChatGPT, is considering selling existing shares at a much higher valuation to investors, according to a report by the Wall Street Journal. The report said the deal could value OpenAI, which is backed by Microsoft, at between $80 billion and $90… Read More

September 27, 2023 @ 1:07 am By Omar Faridi  |  

Ocrolus, a firm focused on AI-driven financial document automation, announced the launch of an enhanced dashboard for mortgage lenders featuring the ability to automate income calculations for both traditional and self-employed borrowers. The solution combines three trusted Ocrolus capabilities – Classify, Capture and Analyze –… Read More

September 23, 2023 @ 11:15 am By Omar Faridi  |  

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

September 22, 2023 @ 11:36 am By Omar Faridi  |  

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

September 20, 2023 @ 1:22 pm By Omar Faridi  |  

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

September 18, 2023 @ 11:37 am By Omar Faridi  |  

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

September 18, 2023 @ 9:35 am By Omar Faridi  |  

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

September 17, 2023 @ 11:11 am By Tony Zerucha  |  

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

September 17, 2023 @ 10:39 am By Omar Faridi  |  

Nagraj Kashyap, Priya Saiprasad, and Samir Kumar announced the launch of Touring Capital, a venture capital firm focused on investing in the next generation of early-growth stage, AI-powered SaaS startups around the world. Touring Capital’s founding partners previously “led M12, Microsoft’s Venture Fund, and Qualcomm… Read More

September 16, 2023 @ 4:55 pm By Michael Wong  |  

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

September 16, 2023 @ 9:47 am By Michael Wong  |  

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

September 15, 2023 @ 12:33 pm By Michael Wong  |  

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

September 13, 2023 @ 7:09 pm By Michael Wong  |  

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

September 10, 2023 @ 11:12 am By Michael Wong  |  

MicroCloud Hologram Inc. (NASDAQ: HOLO), a provider of Hologram Digital Twins Technology, revealed its latest innovation: a holographic virtual digital human powered by ChatGPT‘s generative pre-training model. The technology simulates human linguistic behaviors, incorporating semantic analysis, to produce text that users can effortlessly understand. This… Read More

September 8, 2023 @ 4:43 pm By Omar Faridi  |  

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

September 7, 2023 @ 11:40 am By Omar Faridi  |  

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

September 7, 2023 @ 7:55 am By Omar Faridi  |  

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

September 5, 2023 @ 11:46 am By Omar Faridi  |  

Quantiphi, an Al-first digital engineering company, announced the launch of its AI-led Intelligent Underwriting Platform (AiUP), which will be “included in Google Cloud’s Industry Value Network (IVN) solutions and combines the power of Dociphi, Quantiphi’s intelligent document processing platform,” Unqork‘s codeless platform and Google Cloud’s… Read More

September 2, 2023 @ 11:01 am By Omar Faridi  |  

Xero recently announced new AI-powered product features and enhanced product experiences designed “to help small businesses and their advisors work smarter and more efficiently.” As noted in the update from Xero, the new innovations include: Enhanced AI-powered predictions in bank reconciliation and Xero Analytics Plus… Read More