Tagged: genai

Generative AI: Palo Alto Networks and Accenture to Secure GenAI Transformation Journey

Palo Alto Networks (NASDAQ: PANW) and Accenture (NYSE: ACN) announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AI technology from Palo Alto Networks and Accenture’s secure generative AI services to help organizations embrace “the potential of AI with cybersecurity.” The… Read More

Financial Services Professionals Reportedly Using Generative AI At Least Once a Day At Work

More than a third (36%) of senior leaders in the financial services sector use generative AI at least once a day at work, according to new research from KPMG UK. Of all senior professionals in the sector, CEOs are “the most frequent users (30%) of… Read More

Emergence of New Unicorns Rebounded in Q4 2023 with GenAI Firms Growing at Breakneck Pace – Report

The world’s 1,229 unicorn companies, which are businesses valued at $1 billion or more, have been closely examined in an extensive update shared by CBInsights. CBInsights has looked at every billion-dollar startup around the globe and profiled the fastest-growing unicorn markets in the fast-evolving digital… Read More

PayPal Ventures Reports Co-Leading Rasa’s $30M Series C Round

PayPal Ventures reports that is co-leading Rasa’s $30 million Series C funding round. Rasa, the generative conversational AI platform, announced “the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and… Read More

AI Startups Acquired $42.5B Across 2,500 Equity Rounds in Past Year – Report

The “explosion” of generative AI [artificial intelligence] saves the AI sector from the worst of the venture drought, according to an update from CBInsights. The CBInsights team notes that although AI venture activity slowed down in 2023, the sector — and particularly, generative AI —… Read More

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