AI Newswire (Page 30)

Funding will enable SurePath AI to bring its solutions to a broader market and mitigate risks of GenAI use in the enterprise DENVER, Nov. 14, 2024 /PRNewswire/ -- SurePath AI, a leader in governing generative AI for the enterprise, today announced the successful closure of a $5.2 million seed funding round led by Uncork Capital with significant participation from Operator Collective, bringing the company's total funding to $6.3 million. SurePath AI's mission is to enable secure GenAI adoption by detecting usage, mitigating risks, and controlling AI access to enterprise data so that organizations can bolster innovation and productivity. "As GenAI adoption continues to surge across industries, businesses are challenged to balance the risks and benefits," said Casey Bleeker, CEO and Founder of SurePath AI. "Our company was built to solve this dilemma, and today, our platform enables the secure adoption of GenAI without hindering innovation.

Tech leaders are divided on whether AI investments should boost productivity, revenue, or worker satisfaction SAN FRANCISCO, Nov. 14, 2024 /PRNewswire/ -- New research from revenue intelligence leader Gong reveals widely varying viewpoints among CIOs and other tech leaders over how to evaluate the success of AI projects. Surveying over 500 CIOs and heads of IT across the UK and US, the findings illustrate the challenge many businesses face when it comes to strategically implementing AI and the uncertainty in measuring whether those AI investments are paying off.

SANTA CLARA, Calif., Nov. 13, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer delivering the world's most advanced data storage technologies and services, and CoreWeave, the AI Hyperscaler™, today announced Pure Storage's strategic investment in CoreWeave to accelerate AI cloud services innovation. Alongside the investment, the companies unveiled a strategic partnership, enabling customers to leverage the Pure Storage platform within CoreWeave Cloud.

Premji Invest, Radical Ventures, and ICONIQ Growth co-lead round with participation from Salesforce Ventures, Adobe Ventures, Citi Ventures, and others, as Fortune 500 companies embrace Writer’s full-stack generative AI solution SAN FRANCISCO--( BUSINESS WIRE)-- Writer, the full-stack generative AI platform for the enterprise, today announced $200M in Series C venture funding at a $1.9 billion valuation. The round was co-led by Premji Invest, Radical Ventures, and existing investor ICONIQ Growth, with participation from investors including Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures.

Terazo's engineering capabilities meet Zennify's industry expertise to address the growing demand for data and AI transformation SACRAMENTO, Calif., and RICHMOND, Va., Nov. 12, 2024 /PRNewswire/ -- Zennify, a data-first technology consultancy specializing in financial services, today announced it has acquired Terazo, a leading digital engineering firm renowned for its AI, API, and application development capabilities. The acquisition brings together Zennify's depth across platforms such as Salesforce, nCino, and Databricks with Terazo's depth in data-driven customer engagement leveraging technologies like Twilio and Databricks.

New approach empowers companies to scale their AI and automation investments in line with evolving customer and employee needs SAN FRANCISCO, Nov. 11, 2024 /PRNewswire/ -- Today, Zendesk introduced their market-leading AI Dynamic Pricing Plan, a flexible pricing and usage approach designed to make AI in service more accessible and adaptable for businesses. This allows companies to adjust their investment between human agents and AI agents, providing the flexibility needed to be responsive as customer needs, business goals and market demands evolve. "In just a few years, there will be a massive shift in the amount of service that is automated – we predict 100% of interactions will involve AI.

Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest Differentiators NEW YORK, Nov. 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM) released a new report called AI in Action that highlights artificial intelligence strategies of businesses considered "AI Leaders." The report is based on a survey, conducted on behalf of IBM by Harris Poll, of 2,000 companies across the U.S., U.K., India, Japan and Germany. According to the findings, of the 2,000 businesses surveyed, 15% reported being far ahead of their peers when it comes to leveraging AI to maximize value across their business.

New capital will expand already-robust platform used by companies like Airbnb, Holland & Knight, and Waste Management to uncover qualified government leads before anyone else DENVER, Nov. 7, 2024 /PRNewswire/ -- Cloverleaf AI, a leader in innovative solutions for government contractors, today announced it raised $2.8 million in a seed funding round led by Jackson Square Ventures, with participation from First Mile, TechStars, and Legal Tech Fund. The company also unveiled two new products: Vocal Fingerprinting, which monitors and reports government officials' positions from each public meeting they take and the Opportunity Database, a fully searchable index that captures more than 100,000 monthly government opportunities before they even reach the RFP stage. "At Cloverleaf AI, our mission is to seamlessly bridge the gap between people and data.

DUBLIN, Nov. 6, 2024 /PRNewswire/ -- BrowserStack, the world's leading software testing platform, today announced the launch of Low Code Automation, an innovative solution that democratizes test automation for QA teams, developers, and citizen testers alike. Software teams face critical challenges—slow manual testing cycles bottleneck releases, traditional automation tools like Selenium require steep learning curves with long ramp-up periods before showing ROI, and organizations struggle with a shortage of automation engineers while talented testers lack coding skills.

AI Revolution in FP&A is Set to Offer One of the Most Impactful Transformations in Finance LONDON, Nov. 6, 2024 /PRNewswire/ -- ICit Business Intelligence, a leading Workday Adaptive Planning Solution Provider, has today released new research showing that Artificial Intelligence (AI) and Machine Learning (ML) will reshape the future of Financial Planning and Analysis (FP&A), empowering finance professionals to become more trusted, strategic partners to their organisations. According to the latest ICit-commissioned report: Harnessing AI for enhanced Financial Planning & Analysis, FP&A teams are already experiencing substantial financial and time-saving benefits by utilising AI.