AI Newswire (Page 86)

VKTR brings you the day-to-day news announcements from companies across the artificial intelligence (AI) market — including their new products, partnerships, client engagements, mergers and acquisitions, fundings and executives.
Press Release
Digital Experience
Conversational AI Market worth $49.9 billion by 2030 - Exclusive Report by MarketsandMarkets™
Apr 24, 2024
CHICAGO, April 24, 2024 /PRNewswire/ -- Conversational AI's future is expected to include multimodal capabilities, improved natural language understanding, and tailored interactions with an emphasis on ethical and emotional intelligence. These systems will continuously learn from and adjust to user preferences as they satisfy societal requirements, automate more and more complicated jobs, and enable human-AI collaboration.
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Digital Experience
Generative AI Market to Surpass USD 165.49 Billion by 2031 | SkyQuest Technology
Apr 24, 2024
WESTFORD, Mass., April 24, 2024 /PRNewswire/ -- SkyQuest projects that the generative AI market will attain a value of USD 165.49 billion by 2031, with a CAGR of 32.8% during the forecast period (2024-2031). The global generative AI market is likely to experience phenomenal growth via neural network revolutions in deep learning and will witness applications in multiple fields such as diverse as healthcare, automotive, gaming, and media.
Press Release
Digital Experience
Magic EdTech Partners with Google Cloud to Equip Enterprises with AI-Enabled Learning
Apr 24, 2024
NEW YORK, April 24, 2024 /PRNewswire/ -- Announced today, Magic EdTech has joined Google Cloud Partner Advantage as a strategic partner, marking a significant step in delivering AI-first solutions to the education sector. This collaboration will enable companies in education to drive AI-powered business growth, leveraging Google Cloud infrastructure and Magic EdTech's expertise in digital transformation services.
Press Release
Digital Experience
SK Networks Launches AI Lab in Silicon Valley, USA
Apr 24, 2024
- Introducing 'PhnyX Lab': Tapping into Stanford University's Top AI Talent - SK Networks Leads the Charge in AI Technology Development, Service Verification, and Capability Internalization Across its Subsidiaries - "We aim to enhance our position as an AI company by bringing global AI talent and AI-driven business models to fruition." SEOUL, South Korea, April 24, 2024 /PRNewswire/ -- SK Networks is transforming its business model by incorporating state-of-the-art artificial intelligence (AI) technology. Setting its sights on the forefront of innovation, SK Networks has founded an AI Lab in Silicon Valley, known as the mecca of global tech excellence.
Press Release
Digital Experience
Information Technology Leaders to Convene at 2024 AI Training Summit for Financial Investigators
Apr 24, 2024
The 2024 AI Summit will focus on the challenges and opportunities of AI in financial investigations WASHINGTON, April 24, 2024 /PRNewswire/ -- As artificial intelligence continues to enhance how government leaders address challenges, this May 15 and 16 at the National Press Club in Washington DC, information technology leaders will convene at the 2024 AI Training Summit for Financial Investigators. The summit will focus on harnessing the power of AI for more effective financial investigations and offer insights into the latest advancements, tools, and strategies reshaping the landscape of forensic accounting, data analysis, and regulatory compliance.
Press Release
Digital Experience
Sublime Security Raises $20M Series A Led by Index Ventures to Redefine Email Security
Apr 24, 2024
Investment accelerates commitment to securing cloud email environments with advanced protection, visibility, and control WASHINGTON, April 24, 2024 /PRNewswire/ -- Sublime Security, the AI-powered, programmable email security platform, announced today that it has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is also joining the investment round and Board of Directors.
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Digital Experience
LoanSnap Joins NVIDIA Inception to Revolutionize Financial Health with AI
Apr 24, 2024
SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- LoanSnap today announced it has joined NVIDIA Inception, a program that nurtures startups revolutionizing industries with technological advancements. LoanSnap is focused on helping consumers save money by using artificial intelligence to minimize debt with technology-driven methods that were previously too time- consuming to research and implement.
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Digital Experience
Intezer Unveils AI-Driven Solution for SIEM Alert Triage in Autonomous SOC Platform
Apr 24, 2024
NEW YORK, April 24, 2024 /PRNewswire/ -- Intezer, a leader in AI-powered technology for autonomous security operations, is proud to announce the launch of its latest solution in the Autonomous SOC platform for automated triage of SIEM alerts (Security Information and Event Management). The artificial intelligence solution addresses resource challenges in security operations by automating the alert triage process to enhance efficiency and reduce the time to respond to security incidents.
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Digital Experience
More Than Two-thirds of Organizations Rank Data Security Risks as Their Top AI Concern
Apr 24, 2024
A new research study from BigID explores generative AI adoption, challenges, and outlook for organizations in 2024 NEW YORK, April 24, 2024 /PRNewswire/ -- BigID, the pioneer in AI-augmented data security, compliance, and privacy for modern cloud-first enterprises, today published "The 2024 Global Report on Generative AI: Breakthroughs & Barriers." This exclusive research, commissioned by BigID as an SAP Endorsed App partner, explores AI adoption trends, challenges, impact, and future plans of generative AI within organizations. As organizations embrace the transformative power of Generative AI, managing the data that fuels these models is paramount.
Press Release
Digital Experience
DDN Selected by Jump Trading to Accelerate AI Quantitative Trading at Massive Scale
Apr 24, 2024
DDN's High-Performance Storage Solutions Enhance Jump Trading's Cutting-Edge AI and Machine Learning Capabilities for Competitive Advantage in Global Financial Markets CHATSWORTH, Calif., April 24, 2024 /PRNewswire/ -- DDN ®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, today announced that Jump Trading, a leading quantitative trading firm, has selected DDN to bolster its high-performance computing (HPC) infrastructure. By leveraging DDN's cutting-edge storage solutions, Jump Trading aims to accelerate its AI-driven quantitative trading strategies and maintain its competitive edge in the fast-paced world of global financial markets. "At Jump, we consider our research to be our competitive edge, and we believe that DDN's SSD QLC based storage system will support our research computing environment to ensure optimal performance, scalability and reliability," said Alex Davies, chief technology officer at Jump Trading. "We need resilient and very high-performance infrastructure to support our workflows, and DDN's solution is the right choice for our needs." Watch this video for a comprehensive discussion between Jump Trading and DDN. "Delivering significant value in data center and AI operations and ROI is at the core of DDN's technology and doing it for market leading global firms like Jump Trading is what we are all about," said Sven Oehme, chief technology officer at DDN. "DDN is an enabler of full-stack on-premise data center and cloud value creation for traditional and generative AI, whether it's in life science applications, autonomous driving, telcos, copilots, or in the case of Jump Trading, financial services." DDN's storage solutions are designed to handle the most demanding AI and machine learning workloads, delivering unmatched performance, scalability and efficiency.