Zephyr AI closes a USD 111 mln Series A funding round

Image from Zephyr AI website

Zephyr AI, Inc. (“Zephyr AI”), a healthcare technology company committed to developing fast and explainable Artificial Intelligence (AI) solutions to democratize precision medicine, recently announced it has successfully closed a USD 111 million Series A funding round with participation from Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group, among others. The […]

Ocient secures USD 49.4Mln to advance data analytics solutions

Ocient Secures $49.4 Million to Power the Growth of its Energy Efficient Data Analytics Solutions

Ocient, the leading data analytics software solutions company, yesterday announced that it has closed $49.4 million in funding. This latest raise is an extension of Ocient’s Series B financing, previously led by Greycroft and OCA Ventures, and includes new venture investors Buoyant Ventures, Levy Family Partners, Riverwalk Capital, and Wolf Capital Management, as well as […]

AI and credit scoring: How new technology is changing the landscape

AI and credit scoring How new technology is changing the landscape

Lenders’ assessment of creditworthiness is undergoing major changes thanks to artificial intelligence (AI) and machine learning. As these innovative technologies continue to evolve, they promise to greatly impact credit scoring and make accessing loans quicker and fairer. The Traditional Method of Credit Scoring The traditional FICO score has long been the standard for determining someone’s credit […]

BrainChip and MYWAI enter into a strategic partnership

BrainChip and MYWAI Partner to Deliver Next-Generation Edge AI Solutions

BrainChip Holdings Ltd, the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and MYWAI, the leading AIoT solution provider for Edge intelligence in the European Union (EU), yesterday announced a strategic partnership to deliver next-generation Edge AI solutions leveraging neuromorphic compute. The solutions will leverage BrainChip’s Akida™, which processes and learns […]

Innovations in Online Trading: the FBS Thoughts

A leading global broker FBS shares its perspective on the latest dynamics of online trading – algorithmic trading, the rise of AI and machine learning come to the forefront. In the fast-paced world of online technology, key innovations are rapidly embraced across internet products and services, where online trading is not an exception. Over the […]

Chalk raises USD 10Mln in seed funding

Chalk Secures $10M Seed Funding to Power Machine Learning and AI

Chalk, the data platform for machine learning, announced recently that it has raised $10 million in seed funding led by General Catalyst, Unusual Ventures, and Xfund. Chalk’s computation layer and LLM toolchain enable world-class teams to orchestrate data for real-time decisions. The capital will be used to accelerate development of Chalk’s platform, reach new customers, […]

Identity and Access Management Trends in Banking and Finance

Identity and Access Management Trends in Banking and Finance

The world of banking and finance is evolving and it is of paramount importance to stay ahead of the curve. Technological advances have made it difficult to manage identities and access within the sector. Efforts should be made by financial institutions to keep a close watch on the newest Identity and Access Management Trends if […]

Earnix welcomes Erez Barak as company’s CTO

Erez Barak, Chief Technology Officer, Earnix

Earnix, the global provider of intelligent SaaS solutions for insurers and banks, yesterday announced the appointment of Erez Barak to Chief Technology Officer (CTO) effective September 10. Erez will helm Earnix’s research and development (R&D) and analytics teams. He is a seasoned technology executive with more than 22 years of experience including leadership roles at tech giants […]

OSARO enters into a partnership with FANUC America

OSARO and FANUC America Collaborate to Enhance Capabilities of Robotic Warehouse Automation Solutions

OSARO®, a global leader in machine-learning-enabled robotics for e-commerce, is partnering with FANUC America, the leading supplier of CNCs, robotics and ROBOMACHINEs, to expand the capabilities of FANUC’s robotic automation solutions optimized for warehousing and e-commerce fulfillment. The two companies will collaborate on go-to-market strategies, commencing with the installation of an advanced piece-picking demonstration robot at […]

Cognex joins the OSARO Partners Alliance

Cognex Joins the OSARO Partners Alliance to Enhance Pick-and-Place Robots in Fulfillment Warehouses

OSARO, a global leader in machine-learning-enabled robotics for e-commerce, has welcomed Cognex Corporation, the leader in industrial machine vision, into the OSARO Partners Alliance, an ecosystem of expertise aimed at delivering optimal automation solutions to customers. By integrating Cognex DataMan fixed-mount, image-based barcode readers into the OSARO Robotic Bagging System, OSARO solved a difficult technical […]