Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders in North America. This new funding from Acorn Capital follows the initial...
Contextual AI has raised $80 million in a Series A funding round to scale operations and accelerate the go-to-market for its production-grade large language models (LLMs) for enterprises. The company launched in 2023 and has since deployed its enterprise artificial intelligence (AI) platform in production...
The healthcare industry is witnessing a shift as artificial intelligence (AI) attracts massive investments and partnerships. Spring Health’s $3.3 billion valuation, CytoReason’s $80 million funding round, and the AWS-GE HealthCare collaboration highlight the growing confidence in AI’s potential to transform mental health services, accelerate drug...
As the tech industry pushes toward more AI interactions, a new entrant in the wearable market is raising eyebrows and questions about the future of AI companionship. The “friend” pendant, a $99 AI-powered necklace set to launch in 2025, aims to provide companionship rather than...
Microsoft and artificial intelligence (AI) startup OpenAI are often referred to as partners. Now, they’re also rivals. The tech giant has added OpenAI to its list of competitors, according to a Thursday (Aug. 1) report by The Wall Street Journal (WSJ), citing Microsoft’s fiscal 2024...
The landscape of business-to-business (B2B) sales is transforming as artificial intelligence (AI) makes inroads into the industry. Sybill, a startup that recently secured $11 million in Series A funding to develop an AI assistant for sales representatives, exemplifies this shift. At the core of this...
The Federal Trade Commission (FTC) said it is using “all the tools at its disposal” to oversee the rise of artificial intelligence (AI) technologies. The commission made that statement Wednesday (July 31) when submitting comments to the Federal Communications Commission (FCC) about its efforts in...
Major technology companies are embedding artificial intelligence (AI) into their core products and services, creating new revenue opportunities and enhancing user experiences. Integrating AI across various sectors marks a shift in how companies monetize technology and engage with users. From search engines and productivity tools...
Apple launched its first wave of artificial intelligence-enhanced software betas for developers on Monday (July 29), marking its push into AI-driven mobile commerce and potentially reshaping how millions of users interact with their devices. The release of developer betas for iOS 18.1, iPadOS 18.1, and...
