AI Newswire (Page 33)

- AI search & assistant leverages generative AI to search and summarize data across business applications - Seamless integration with flexible, affordable pricing and no additional development required - Delivers accurate search results through a proprietary data analysis algorithm SAN JOSE, Calif., Oct. 22, 2024 /PRNewswire/ -- Thinkfree, a global office software company and subsidiary of Hancom-South Korea's leading software company, has officially launched Refinder AI. Refinder is an enterprise AI search and assistant solution that analyzes the data from business applications and tools used within the company, providing users with the most relevant answers to their queries.

SAN FRANCISCO, Oct. 22, 2024 /PRNewswire/ -- GrubMarket, the AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food eCommerce companies globally, today announced the launch of the GrubAssist AI Cash Flow Analyst. As part of GrubMarket's groundbreaking GrubAssist AI suite, this new module provides food wholesalers and distributors with a comprehensive solution for managing their cash flow operations, delivering real-time, actionable insights that enable businesses to strategically manage their accounts receivable (AR), accounts payable (AP), collections and payments operations.

LONDON and NEW YORK, Oct. 21, 2024 /PRNewswire/ -- To help businesses manage risks arising from developing their own Generative AI (Gen AI) models, AXA XL unveiled new coverage, available by endorsement, to its cyber insurance coverage globally, extending coverage to address specific Gen AI risks. According to Michael Colao, AXA XL's Global Chief Underwriting Officer, Cyber, "Looking to improve efficiency, improve customer experience, and so much more, more companies are investing in developing their own Generative AI to unlock new possibilities.

Lumen's Private Connectivity Fabric ℠ enables long-term network capacity for Meta's AI DENVER, Oct. 21, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Meta are partnering to significantly increase Meta's network capacity and help drive its bold AI ambitions. The expanded network will provide dedicated interconnection for Meta's industry-leading infrastructure, strengthening and increasing the company's ability to lead in AI development.

LAS VEGAS, Oct. 18, 2024 /PRNewswire/ -- Today the Coalition for Health AI (CHAI) advanced draft frameworks for how it will certify independent Assurance Labs and help to standardize the output of these labs that test Health AI models through CHAI Model Cards — a kind of ingredient and nutrition label. The CHAI certification process and model card design are expected to be available by the end of April 2025, following a process of review and feedback by CHAI members, partners, and the public. "This has been a pivotal year for CHAI on our journey to help enable trusted independent assurance of AI solutions with local monitoring and validation.

Deepening of collaboration sees Bain establish a dedicated OpenAI Center of Excellence to drive and deliver AI innovation for clients and maximize value of clients' AI investments BOSTON and SAN FRANCISCO, Oct. 17, 2024 /PRNewswire/ -- Bain & Company today announced an expanded partnership with OpenAI, the maker of ChatGPT, and frontier AI models such as GPT 4o and the new OpenAI o1, to accelerate AI's transformative impact in the world's top companies. Bain and OpenAI have been collaborating closely since 2022, with the public announcement of a global services alliance in early 2023 bringing OpenAI's ground-breaking AI capabilities and platforms to Bain clients worldwide.

CARY, N.C., Oct. 17, 2024 /PRNewswire/ -- AI has dominated the headlines – and tech industry predictions – for the past few years. Will 2025 be any different? (Spoiler alert: no).

SAN CARLOS, Calif., Oct. 15, 2024 /PRNewswire/ -- Beacon AI, a Silicon Valley-based aviation intelligence startup, announced it raised $15 million in Series A funding, led by Costanoa Ventures, with significant participation from Scout Ventures, joining numerous new and existing investors including Sam Altman, and JetBlue Ventures - raising the total venture funding to $20M. Beacon is on a mission to put AI assistance in every professional flight deck to improve flight safety and efficiency for defense and commercial operators.

Smith Point Capital leads financing to accelerate the adoption of groundbreaking Service Resolution Intelligence AI solution in a growing roster of Fortune 1000 companies SAN JOSE, Calif., Oct. 15, 2024 /PRNewswire/ -- Neuron7.ai, the pioneer in Service Resolution Intelligence, today announced it has raised $44 million in Series B funding led by Smith Point Capital, the firm founded by former Salesforce Co-CEO Keith Block. Existing investors Nexus Venture Partners and Battery Ventures joined the oversubscribed funding round, bringing the total capital raised to date to more than $63 million.

Led by Scale Venture Partners, the $45M investment—the largest Series B in AI Evaluation and Observability to date —follows 834% revenue growth in 2024 and expansion into the Fortune 50 SAN FRANCISCO, Oct. 15, 2024 /PRNewswire/ -- Galileo, a leader in generative AI evaluation and observability for enterprises, today announced it raised $45M in Series B funding led by Scale Venture Partners, with participation from Premji Invest, bringing the company's total funding to $68M. This comes at a time of explosive growth for the company, which has seen 834% revenue growth since the beginning of 2024.