AI Newswire (Page 47)

Zest Protect helps lenders decision loans more confidently with accurate, holistic application fraud detection LOS ANGELES, Aug. 7, 2024 /PRNewswire/ -- Zest AI, the leader in AI lending technology, today announced its new fraud detection solution, Zest Protect. Zest Protect quickly and accurately identifies fraudulent activity during the loan decisioning process, helping credit unions, banks and other lenders navigate the rising application fraud environment while safeguarding the borrower experience.

- Available for research purposes, contributing to an AI ecosystem SEOUL, South Korea, Aug. 7, 2024 /PRNewswire/ -- LG AI Research today released its latest AI model, EXAONE 3.0, as open source for research purposes. To contribute to the development of the AI research ecosystem, LG AI Research has decided to open source the 'lightweight model' of EXAONE 3.0, which is the most versatile in terms of performance and cost-efficiency, so that it can be utilized for various research purposes.

SEATTLE, Aug. 6, 2024 /PRNewswire/ -- Seeq, a leader in industrial analytics, AI, and monitoring, announced today it has closed a $50 million Series D funding round led by leading global investment firm Sixth Street Growth, with participation from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures. This round brings Seeq's total funding to approximately $165 million.

AI Platform Strategy Extends to New Partnerships and Industry Cooperation DALLAS, Aug. 6, 2024 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704; TSE: 4704) continues to pioneer advancements in its cybersecurity platform to secure enterprise AI use. Aligned with this innovation focus, the company today announced its partnership with GMI Cloud, a leading venture-backed AI-native GPU cloud provider specializing in the development of a vertically integrated platform optimized for AI and ML workloads.

SUNNYVALE, Calif., Aug. 6, 2024 /PRNewswire/ -- Figure, an AI robotics company, unveils its second-generation humanoid, Figure 02, and introduces the highest performing humanoid robot to market. Figure's robot combines the dexterity of the human form with advanced AI to perform a wide range of tasks across commercial applications and, in the near future, the home.

CMB Launches new Consumer Pulse Research that evaluates emotional drivers of AI adoption BOSTON, Aug. 5, 2024 /PRNewswire/ -- With artificial intelligence (AI) rapidly evolving, understanding the emotional underpinnings of consumers choice is crucial for brands seeking to gain competitive advantage. CMB's new market research study among 1,000 US adults' sheds light on how consumers are currently using AI their aspirations and anxieties, and their needs by industry.

New advancements built on watsonx empower IBM Consulting security analysts to help clients accelerate alert investigation ARMONK, N.Y., Aug. 5, 2024 /PRNewswire/ -- IBM (NYSE: IBM) announced today the introduction of generative AI capabilities to its managed Threat Detection and Response Services utilized by IBM Consulting analysts to advance and streamline security operations for clients. Built on IBM's watsonx data and AI platform, the new IBM Consulting Cybersecurity Assistant is designed to accelerate and improve the identification, investigation and response to critical security threats.

Groq to Scale Capacity, Add Exceptional Talent, and Accelerate the Next Gen LPU ™ MOUNTAIN VIEW, Calif., Aug. 5, 2024 /PRNewswire/ -- Groq, a leader in fast AI inference, has secured a $640M Series D round at a valuation of $2.8B. The round was led by funds and accounts managed by BlackRock Private Equity Partners with participation from both existing and new investors including Neuberger Berman, Type One Ventures, and strategic investors including Cisco Investments, Global Brain's KDDI Open Innovation Fund III, and Samsung Catalyst Fund.

The open-source model improves on Whisper by using multi-head attention to achieve speedup and reduced latency while retaining full speech recognition accuracy TEL AVIV, Israel, Aug. 2, 2024 /PRNewswire/ -- aiOla, a leader in speech recognition technology, has announced today the release of its new open-source AI model, Whisper-Medusa. The new model, based on a multi-head attention architecture, outperforms OpenAI's Whisper, the most popular and best available AI speech recognition model, by performing 50% faster with no loss in performance.

Nonprofit, US Ignite will advise the city on the road safety project. SAN JOSÉ, Calif., Aug. 1, 2024 /PRNewswire/ -- Today the Toyota Mobility Foundation (TMF) and US Ignite proudly announce that the City of San José, California has been awarded a $260,000 grant from TMF to explore advanced Artificial Intelligence (AI) and computer vision technologies to improve local traffic safety.