AI Newswire (Page 51)

New funding puts AI agents within reach for businesses with limited technical resources SAN JOSE, CALIFORNIA, UNITED STATES, July 17, 2024 / EINPresswire.com / -- aiXplain, the leading provider of essential infrastructure for accelerated AI development, today announced a $6.5M pre-Series A round to simplify the process of building AI agents and globalize the impact of AI innovation. Wa’ed Ventures, a $500 million Saudi Arabian venture capital fund backed by Aramco led the round, the first direct investment in a US-based company by the fund.

Enhancements to cloud-native platform simplify intelligent document processing to capture, process, and manage content BIRMINGHAM, Ala., July 17, 2024 /PRNewswire/ -- ibml, a world leader in mission-critical document processing solutions, introduces transformative changes to its cloud-native intelligent document processing (IDP) platform. By powering ibml Cloud Capture with generative AI and large language models (LLMs), this update simplifies setup and improves out-of-the-box accuracy in classifying and extracting metadata from documents generated from any input source.

Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack WATERLOO, ON, July 17, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the launch of CylanceMDR™ Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform powered by AI. Designed to tackle the growing challenges of modern cybersecurity, CylanceMDR Pro overcomes the operational burden facing security teams that must defend against increasingly sophisticated adversaries across expanding attack surfaces with limited resources and talent shortage constraints.

COLLEGE PARK, Md., July 16, 2024 /PRNewswire/ -- As robust as artificial intelligence (AI) capabilities have become, it is still very much in its infancy. With governments formulating strategies for AI regulations, the onus is on U.S. businesses to successfully adapt to AI policies as they emerge, says Research Professor Kislaya Prasad at the University of Maryland's Robert H.

84.5% of respondents plan to or are already using AI in their customer service operations and contact centers SAN MATEO, Calif., July 16, 2024 /PRNewswire/ -- Yellow.ai, a global leader in AI-first customer service automation, has unveiled research titled ' Betting Big on AI-First: Insights from Customer Service Leaders.' The study sheds light on AI adoption trends within North American customer service operations and contact centers. According to the findings, an impressive 84.5% of respondents either plan to or are already leveraging AI, underscoring its pivotal role in shaping the industry's future.

The companies will develop innovative Japanese LLM for private cloud usage through Fujitsu Kozuchi AI services KAWASAKI, Japan, July 16, 2024 /PRNewswire/ -- Today, Fujitsu announced a strategic partnership with Cohere Inc., a security and data privacy-focused enterprise AI company headquartered in Toronto and San Francisco. The strategic partnership will focus on developing and providing large language model (LLM) that will enable enterprises to leverage industry-leading Japanese language capabilities that deliver improved experiences for customers and employees.

Adaptive positioned to scale its AI-powered financial platform across the $2 trillion construction market, creating a unified payments infrastructure for the industry NEW YORK, July 15, 2024 /PRNewswire/ -- Adaptive, the leading financial automation platform working to transform how businesses in the $2 trillion construction industry manage their money, secured a $19 million Series A funding round Monday. Adaptive Closes $19M Series A to Transform Construction Finance with AI and Automation The construction industry, faced with unique accounting and compliance requirements, is plagued by chronic payment delays and cash flow crunches, introducing significant risk and inefficiency to the build process that together amount to an estimated $273 billion in losses across the industry.

First AI Pulse Survey reveals that the number of senior leaders investing $10 million or more is set to nearly double, but many are failing to also invest in necessary infrastructure, jeopardizing AI's impact NEW YORK, July 15, 2024 /PRNewswire/ -- After more than a year of hype around generative AI's potential, business leaders report that they are already seeing a return on their artificial intelligence (AI) investments and plan to increasingly become more bullish, according to new data from Ernst & Young LLP ( EY US). Among the 95% of senior leaders who report that their organizations are currently investing in AI, the number of companies investing $10 million or more in the technology is set to nearly double next year to 30%, up from 16% currently investing at that level.

Despite reported benefits of AI adoption, stark differences between high school and higher education adoption emerge SAN FRANCISCO, July 15, 2024 /PRNewswire/ -- Global learning platform Quizlet today launched its second annual State of AI in Education report, which explores AI implementation, perception, and impact from both U.S. students' and teachers' perspectives. Key findings include: 82% of college students say they've used AI technologies, compared to 58% of high school students, and students are now near even with teachers in adoption (67% vs. 66%) Two-thirds of high school and college teachers say they use AI technology for education Students who use AI technology for school use it to do research (46%), to summarize or synthesize information (38%), and to generate study guides or materials (31%) Students studying three or more hours a night during the school year are more likely than their counterparts to say AI technologies have positively impacted their efficiency (62%), learning support (60%), and creativity and critical thinking (53%) Students are more likely than teachers to say AI creates a more equitable education system (41% of students vs. 33% of teachers) 48% of high school students say they're not sure if they will use AI technologies to help prepare for college applications or standardized tests like the SATs and ACTs -- only 7% of students have done so already Higher Education is Leading the AI Charge This academic year marked the first full year that students, teachers, and administrators had access to generative AI solutions – and it's clear that some students have been quicker to adopt this technology than others.

Fracsun's new solution combines ground-level measurements and weather data to model a typical year of soiling loss for any location in the US. SAN LUIS OBISPO, Calif., July 12, 2024 /PRNewswire/ -- Fracsun, a leading provider of solar soiling loss monitoring solutions, today announced the launch of its groundbreaking AI-powered soiling loss modeling tool ( CLEO AI).