AI Newswire (Page 52)

Strategic alliance and joint product promises to broaden the adoption of generative AI across industries SAN FRANCISCO, July 11, 2024 /PRNewswire/ -- Arize AI, a pioneer and leader in AI observability and LLM evaluation, and LlamaIndex, a leading data framework for LLM applications, debuted a new joint offering today called LlamaTrace, a hosted version of Arize OSS Phoenix. According to a soon-to-release survey, 47.7% of AI engineers and developers building generative AI applications are leveraging retrieval today in their LLM Applications.

Industry-first AI assistant for troubleshooting AI and other new updates promise to speed development for AI engineers SAN FRANCISCO, July 11, 2024 /PRNewswire/ -- Arize AI, a pioneer and leader in AI observability and LLM evaluation, today debuted new capabilities to help AI developers evaluate and debug LLM systems. The premiere is one among many taking place at the Arize:Observe conference today, where speakers – including OpenAI, Lowe's, Mistral, Microsoft, NATO, and others – are sharing the latest research, engineering best practices, and open source frameworks.

Chef's first-of-its-kind food manipulation AI model equips its robots with the flexibility needed to meet the demands of modern high-mix food production SAN FRANCISCO, July 11, 2024 /PRNewswire/ -- Today, Chef Robotics is launching a first-of-its-kind AI-powered flexible food robot made to help food companies overcome the global food labor shortage and increase production volume. "We increased our capacity by just adding four Chef robots by just over 20%." ~ Chef Bombay President, Noorudin Jiwani AI will have an immense impact on our world as the rise of foundational models like ChatGPT has shown. But the greatest impact will be on the physical world in the form of Embodied AI through robotics, given the physical world represents 90% of global GDP and the manual labor market accounts for half of all global GDP.

Strategic investment from Oak HC/FT and Cedars-Sinai Health Ventures will support the rapid expansion of Regard's AI-powered clinical insights platform aimed at unlocking the full power of the EHR LOS ANGELES, July 11, 2024 /PRNewswire/ -- Regard, the AI-powered clinical insights platform that empowers clinicians to unlock the full potential of patient data, announced today the close of a $61 million Series B financing round, led by Oak HC/FT, with participation from Cedars-Sinai Health Ventures, as well as existing investors TenOneTen Ventures, Calibrate Ventures, and Techstars. The investment will enable the company to accelerate product development with their core clinical insights platform, invest in fundamental research in large language models (LLMs) and expand beyond inpatient facilities. "Regard is positioned to revolutionize how we think about clinical decision-making support for doctors," said Nancy Brown, General Partner at Oak HC/FT. "The team at Regard has built a platform that is driving value for patients, physicians and health systems alike by improving outcomes, increasing efficiency, reducing burnout, and increasing revenue.

Highlight by Medal offers developers an improved way to build custom solutions on top of existing AI models, while providing users access to a larger ecosystem of AI features NEW YORK, July 11, 2024 /PRNewswire/ -- Medal, the innovative AI company behind the popular MedalTV clipping app, today announced the launch of Highlight, its groundbreaking AI assistant platform designed to fundamentally alter how users interact with popular AI models. Medal also announced a $13 million funding round from Horizons Ventures, OMERS Ventures, peak6, and Arcadia Investments, valuing the company at $333 million post-money.

Connectria expands to Asia Pacific to boost cloud adoption and modernization SINGAPORE, July 10, 2024 /PRNewswire/ -- Connectria, a global leader in IBM Power Systems cloud services, an AWS Premier Tier Services Partner, and now a LightEdge company, announced today that it is now accepting clients at its two new data centers in Singapore. Connectria notes that the facilities are designed to bolster cloud adoption and modernization for IBM i and AIX systems, offering seamless integration of public cloud with traditional IT environments.

52% of executives rate their company a 4 out of 5 in terms of artificial intelligence (AI) maturity (with 5 being considered "most mature") yet an equal number note that the rapid introduction of new and emerging technology keeps them up at night. 47% of leaders plan to increase investment in generative AI (GenAI) or AI machine learning (ML) in 2024 (up from 31% in 2023). Nearly half of consumer packaged goods (CPG) executives say supply chain and procurement transformation will create the most value in the coming year.

Sales professionals handle about 2,184 prospecting activities monthly. With AI-native Sailebot ® this soars to 19,731 tasks—equivalent to having nine extra team members closing deals Sailes launches new features for real-time insights and dynamic visualizations, giving you a behind-the-scenes look at your Sailebots' work and results to close deals faster NEW YORK and KANSAS CITY, Mo., July 10, 2024 /PRNewswire/ -- Sailes, the market-leading developer of authentic AI for Sales solutions, has released its annual Digital Labor ™ Study, revealing compelling data on how its Sailebot ® technology benefits sales teams and enterprises.

SEOUL, South Korea, July 10, 2024 /PRNewswire/ -- AIRS Medical, a pioneering force in artificial intelligence (AI) and robotics for healthcare applications, today announced the completion of its Series C funding round, securing $20 million from seven institutional investors in Korea. The investment, led by BSK Investment and Shinyoung Securities, underscores confidence not only in the company's flagship product, SwiftMR™, but also in its larger mission to revolutionize preventive healthcare through technology innovation.

HOUSTON, July 9, 2024 /PRNewswire/ -- Octagos Health, an industry-leading provider of AI-driven cardiac device monitoring solutions, today announced a successful equity raise of over $43 million in investment capital. The Series B investment round was led by funds managed by Morgan Stanley Expansion Capital, with continued participation from Mucker Capital and other strategic investors.