AI Newswire (Page 25)

Findings reveal AI may reduce developer toil, but its adoption introduces new complexities in workflows, oversight, and code quality. SAN FRANCISCO, Jan. 8, 2025 /PRNewswire/ -- Harness, the AI-Native Software Delivery Platform™ company, today released its State of Software Delivery Report: Beyond CodeGen – The Role of AI in the SDLC.

PALO ALTO, Calif., Jan. 8, 2025 /PRNewswire/ -- Qualified Health today announced its launch with $30 million in seed funding to develop the infrastructure for generative AI in healthcare. The major investors are SignalFire, Healthier Capital, Town Hall Ventures, and Frist Cressey Ventures, along with participation from Intermountain Ventures, Flare Capital Partners, and prominent healthcare and technology sector angels. "Healthcare stands at a pivotal moment, our providers are overwhelmed, our costs are increasing, and we must make a change," said Justin Norden, MD, Co-Founder and CEO of Qualified Health. "This strong backing from leading healthcare-technology investors and health systems validates our approach to bridging the gap between Generative AI's potential and healthcare's need for reliability, transparency, and safety." The company's technology solution provides healthcare organizations with comprehensive infrastructure to implement and scale generative AI solutions safely.

78% of Dealerships Unsure How to Leverage Predictive Data; Only 5% Utilize AI for Key Operations DETROIT, Jan. 8, 2025 /PRNewswire/ -- Lotlinx, the auto industry's leading VIN-specific data company for dealership inventory management, announced today results of its latest industry survey, revealing substantial challenges faced by auto retailers in adopting artificial intelligence (AI) and predictive data technologies. The online survey commissioned by Lotlinx in December 2024, was presented to more than 2,500 dealers across the U.S. and underscores a critical gap in the industry's ability to effectively utilize advanced technologies that could enhance operational efficiency and profitability.

From consumer and commercial AI laptops to AI-optimized desktops, ASUS pushes the boundaries of innovation and champions sustainability LAS VEGAS, Jan. 8, 2025 /PRNewswire/ -- ASUS today unveiled a lineup of cutting-edge AI-powered products at its "Always Incredible" virtual launch event for CES 2025. Driven by the company's vision of Ubiquitous AI.

EDGNEX announced an initial $20 Billion investment with a plan to potentially double the investment based on future demand The U.S. market is critical to EDGNEX's global and exponential growth strategy. As a group, DAMAC is invested significantly in the U.S. through several private equity funds and in real estate in Miami.

LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- ASUS has recently announced a significant expansion of its innovative Copilot+ PC lineup — the fastest, most intelligent Windows PCs — in order to bring artificial intelligence (AI) capabilities to everyone. The flagship of this lineup is Zenbook A14, the lightest Copilot+ PC in the world.

NEWARK, N.J., Jan. 7, 2025 /PRNewswire/ -- New Jersey Innovation Institute (NJII), an NJIT corporation, announced the launch of its fifth Division, Artificial Intelligence and Machine Learning, featuring New Jersey's first and only AI Job Shop. This innovative division bridges the growing gap between cutting-edge AI technology and practical business implementation, helping organizations across New Jersey leverage artificial intelligence to drive innovation, efficiency, and growth. "With the rapid progress in AI tools, many businesses, especially small ones, struggle to understand how to apply AI to improve efficiency and solve problems," said Tom Villani who leads the new division. "Our mission is to provide expert guidance and services to help organizations seamlessly integrate AI solutions into their operations and stay ahead of the competition." The division will operate a public facing "AI Job Shop," working closely with businesses to develop tailored AI solutions that address specific operational challenges.

New funding to accelerate application development of SandboxAQ's Large Quantitative Models (LQMs) and AI solutions PALO ALTO, Calif., Dec. 18, 2024 /PRNewswire/ -- SandboxAQ today announced a round of more than $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investments, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and other prominent investors.

Acquisition Extends Grammarly Beyond AI Assistant to Become an AI Productivity Platform for Apps and Agents SAN FRANCISCO--( BUSINESS WIRE)-- Grammarly, the trusted AI assistant, today announced its intent to acquire productivity platform Coda, with Coda’s CEO and Co-Founder Shishir Mehrotra set to become the new CEO of Grammarly. The addition of Coda’s flexible and powerful AI tools and surfaces aims to transform Grammarly into an AI productivity platform for apps and agents where customers can unlock access to company knowledge, generative AI chat, a productivity suite, and capable, trusted AI agents to work smarter and faster. “For the past 15 years, Grammarly has been building an AI super highway with the capacity and expertise to do so much more than writing assistance for our customers,” said Alex Shevchenko, Grammarly co-founder. “The acquisition of Coda is a big step toward achieving our vision of a world where humans and AI work together everywhere work happens.

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 SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ -- 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.