Tag: AI

Impact Newswire brings you the latest in AI – Artificial Intelligence news.

Databricks
United States

Databricks is Raising $10B Series J Investment at $62B Valuation

Funding led by new investor Thrive Capital Company expects to cross $3B in revenue run rate and achieve positive free cash flow in fourth quarter Press Release – SAN FRANCISCO, CA — December 17, 2024 — Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This … Continue reading Databricks is Raising $10B Series J Investment at $62B Valuation

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Anoki AI
United States

CMI Media Group Partners with Anoki on Industry-First Pharmaceutical Contextual CTV Advertising Campaign Across Both DTC and HCP Campaigns

Partnership marks first agency deployment of AI-powered, scene-level contextual advertising for both DTC and HCP CTV pharmaceutical campaigns Press Release – December 17, 2024 – MOUNTAIN VIEW, Calif. – Anoki AI, a pioneer in multimodal AI for Connected Television (CTV), today announced a strategic partnership with CMI Media Group, a leading media agency specializing in healthcare and pharmaceutical marketing and part of WPP (NYSE: WPP). … Continue reading CMI Media Group Partners with Anoki on Industry-First Pharmaceutical Contextual CTV Advertising Campaign Across Both DTC and HCP Campaigns

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infosys
Asia

Infosys Strengthens Strategic Collaboration with Google Cloud to Boost Enterprise AI Innovation, Establishes Center of Excellence

Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Press Release – Bengaluru, India – December 17, 2024 Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as … Continue reading Infosys Strengthens Strategic Collaboration with Google Cloud to Boost Enterprise AI Innovation, Establishes Center of Excellence

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Lumen
United States

Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers

Lumen® Private Connectivity Fabric℠ will expand Prometheus’ network capacity across its growing data center footprint Press Release – DENVER, Dec. 17, 2024 /PRNewswire/ — Prometheus Hyperscale has chosen Lumen Technologies (NYSE: LUMN) to connect its energy-efficient data centers to meet growing AI data demands. Lumen network services will help Prometheus with the rapid growth in AI, big data, and cloud computing as they address the critical environmental challenges faced by the … Continue reading Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers

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BigBear.ai
United States

BigBear.ai and Proof Labs Collaborate to Develop Cyber Resilient On-Orbit (CROO) Solution for the Department of the Air Force

Press Release – December 16, 2024 – COLUMBIA, Md. – BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for defense and national security, today announced a collaboration with Proof Labs Inc to deliver an advanced cyber resiliency solution for the Department of the Air Force (DAF). Proof Labs Inc, as the prime contractor, was awarded the AFWERX Small Business Innovation Research (SBIR) … Continue reading BigBear.ai and Proof Labs Collaborate to Develop Cyber Resilient On-Orbit (CROO) Solution for the Department of the Air Force

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FICO
United States

FICO Wins Banking Tech Award for Blockchain and AI Innovation

FICO’s use of blockchain for AI model governance wins Tech of the Future: Blockchain and Tokenisation award Press Release – December 16, 2024 – LONDON – At the Banking Tech Awards in London, global analytics software leader FICO won the Tech of the Future – Blockchain and Tokenisation award for its innovative work using blockchain technology for AI model governance. FICO’s use of blockchain to … Continue reading FICO Wins Banking Tech Award for Blockchain and AI Innovation

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LTIMindtree
Asia

LTIMindtree launches AI-driven Cyber Defense Resiliency Center to helpclients build resilient enterprises

BENGALURU, India December 16, 2024: LTIMindtree (NSE: LTIM, BSE: 540005), a global technology consulting and digital solutions company, has announced the launch of its Cyber Defense Resiliency Center (CDRC) in Bengaluru, India. With this launch, LTIMindtree will offer its global clients support and protection capabilities for the cyber threat lifecycle, using artificial intelligence (AI), specifically generative AI (GenAI), and help build resilient enterprises. According to a cybersecurity briefer report … Continue reading LTIMindtree launches AI-driven Cyber Defense Resiliency Center to helpclients build resilient enterprises

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Phenom
United States

Phenom Earns Gold for Best Advance in GenAI for Business Impact — Plus Five Awards Across Talent Acquisition, Development and Retention

Press Release – December 11, 2024 – PHILADELPHIA – Phenom, a global AI company, earned six Excellence in Technology Awards including gold for its Phenom X+ generative AI solution. The Brandon Hall Group™ awards recognize excellence in Learning and Development, Talent Management, Talent Acquisition, Human Resources, Sales Enablement, Future of Work, and Education Technology. “Phenom’s powerful combination of award-winning solutions delivered from a single platform is helping … Continue reading Phenom Earns Gold for Best Advance in GenAI for Business Impact — Plus Five Awards Across Talent Acquisition, Development and Retention

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SymphonyAI
United States

SymphonyAI’s IRIS Foundry Named AI Impact of the Year Champion in Digital Engineering Awards

Industrial AI platform recognized for transforming manufacturing operations through predictive and generative AI capabilities Press Release – December 11, 2024 – PALO ALTO, Calif. – SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, has been named AI Impact of the Year Champion at the Digital Engineering Awards for its IRIS Foundry industrial AI data operations platform. The award recognizes IRIS … Continue reading SymphonyAI’s IRIS Foundry Named AI Impact of the Year Champion in Digital Engineering Awards

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