AI Newswire (Page 55)

Emerging AI regulations signal non-negotiable guidelines for businesses, underscoring the need to act proactively to mitigate bias and ensure return on AI investment CHAPEL HILL, N.C., June 26, 2024 /PRNewswire/ -- Vero AI, a first-of-its-kind analytical engine and scoreboard that helps enterprises fully harness the potential of advanced technology including artificial intelligence while minimizing risk, today released a first-of-its-kind industry-agnostic report, Regulating the Future: Responsible AI Legislation Trends and Predictions on key trends in current and emerging artificial intelligence (AI) legislation. The report emphasizes the need for businesses to stay abreast of regulatory changes to maintain compliance, foster responsible AI practices, and routinely conduct assessments to ensure ongoing adherence to standards.

PALO ALTO, Calif., June 26, 2024 /PRNewswire/ -- Sensi.AI, a trailblazer in care intelligence, announced today the successful raise of $31 million in Series B funding, bringing the company's total funding to over $53 million.

NEW YORK, June 25, 2024 /PRNewswire/ -- Adonis, a leading healthcare financial technology platform based in New York City, today announced that it has raised $31 million in Series B financing led by Point72 Private Investments. Point72 Private Investments was joined by new investor Kin Ventures, along with existing investors General Catalyst, Bling Capital, and Max Ventures.

Sean Parker Joins as Executive Chairman Alongside Several Other New Board Members Investors to include Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, Sean Parker, Eric Schmidt and Prem Akkaraju LOS ANGELES, June 25, 2024 /PRNewswire/ -- Stability AI, a leading imaging, language, code and audio generative AI company, today announced it has closed an initial round of investment from a world-class investor group. Additionally, Prem Akkaraju, an investor and highly experienced media, entertainment and technology executive, has been appointed CEO.

Collaborations with Microsoft and Ernst & Young LLP (EY) accelerate AI initiatives CHICAGO, June 25, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced it is advancing its artificial intelligence solutions through a human-centered approach that prioritizes responsible use of AI across the company. By putting employees at the center of its AI strategy, Conagra aims to drive efficiencies by leveraging innovative tools to develop, optimize and reimagine its capabilities.

Investors include Coatue, Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, and TIAA Ventures NEW YORK, June 25, 2024 /PRNewswire/ -- On its journey to set the norms for AI-powered regulatory compliance, Norm Ai has raised a fresh round of capital from some of the world's most respected financial institutions, collectively representing more than $5.75 trillion in assets. The company has secured a $27 million Series A led by Coatue, with participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital, the family office of Tony James, the former President and COO of Blackstone.

Almost half (45%) of workers say their workload has increased significantly in the past year, as almost two-thirds (62%) say the pace of change at work has increased over the same time More than one-quarter (28%) say they are very or extremely likely to switch employer in the next 12 months – a higher proportion than during the 'Great Resignation' (19%) in 2022 Employees prioritise skills-growth: fewer than half (46%) strongly or moderately agree that their employer provides adequate opportunities to learn new skills. This is particularly important for workers considering leaving: two-thirds (67%) say opportunities to learn new skills are a key factor in any decision to job-switch More than 80% of workers who use generative AI daily expect it to make their time at work more efficient in the next 12 months.

New research highlights industry developments and the growing role of AI technologies DALLAS, June 24, 2024 /PRNewswire/ -- Research featured in Parks Associates' Smart Home and Security Tracker reveals 28% of full-time employees and business owners use artificial intelligence (AI) applications for their professional needs, ranging from automating routine tasks to enhancing decision-making processes. The firm's Smart Home and Security Tracke r provides insights on the latest industry news and trends, including how the integration of AI is transforming the smart home industry.

In a $2.5+ trillion industry, GrayMatter continues to set new standards with a 2~4x improvement in production line productivity, 30% or more reduction in consumable waste, and a system availability of over 95%. GrayMatter has a growing customer base across industries including aerospace & defense, specialty vehicles, maritime, metal fabrication, and consumer products such as sports equipment.

9 in 10 companies have already deployed or are piloting generative AI technology Businesses are prioritizing AI deployments with multi-million-dollar budgets and people commitments Generative AI is meeting or exceeding expectations in ~75% or more of cases BOSTON, June 20, 2024 /PRNewswire/ -- Generative AI is now virtually ubiquitous in global businesses, with major companies having strongly prioritized commitments to it and AI deployments having spread at a near unprecedented pace for adoption of a new technology that is still accelerating, new research from Bain & Company reveals. Bain's latest proprietary cross-industry Generative AI Survey 1 indicates that almost 9 in 10 companies (87%, up from 83% in October last year) have already deployed or are now piloting the technology, with adoption continuing to climb rapidly across all use cases.