Modern Tech, today’s necessity for Mother Earth

Global businesses tackling climate change with Technology (Representational image)

Introduction: Climate change is making headlines globally in such a way that it is not good news for mankind. The natural catastrophes that the world has faced in recent years stress the need for ‘action’ like never before. In this blog, we will take a look at some of the recent and ongoing environmental crises around the world, […]

Esri to offer its Spatial Analytics on Databricks’ Lakehouse Platform

Data scientists often need to transform gigabytes or terabytes of data, collected from trillions of sources, into useful insights by finding new ways that can improve their data performance. Spatial analysis has become an important component of the scientific toolbox that enriches all forms of data with geographic context. Analysts can discover patterns, make predictions, and […]

Belvo and FICO partner to augment credit access in Brazil

FICO, a global analytic software company and recognized leader in AI decisioning platforms, and Belvo, the leading open finance data and payments platform in Latin America, yesterday announced a strategic partnership aimed at expanding credit access in Latin America. The two firms are developing an interpretable and explainable machine learning model that will provide a […]

Snowflake and NVIDIA partner to let businesses securely build custom LLMs

Jensen Huang, founder and CEO, NVIDIA

Snowflake, the Data Cloud company, and NVIDIA yesterday announced at Snowflake Summit 2023 that they are partnering to provide businesses of all sizes with an accelerated path to create customized generative AI applications using their own proprietary data, all securely within the Snowflake Data Cloud. With the NVIDIA NeMo™ platform for developing large language models (LLMs) and NVIDIA GPU-accelerated […]

Striveworks raises USD 33Mln fundraising round led by Centana Growth Partners

Striveworks Raises $33 Million in First Institutional Round led by Centana Growth Partners

Striveworks, a leading provider of machine learning operations (MLOps) for enterprise data science and analytics teams, announced yesterday the successful closure of their first institutional fundraising round of $33 million. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in fintech and related enterprise software, with participation from […]

ComplyAdvantage launches new AI-powered solution to tackle payment frauds

Criminals have never had more avenues through which to defraud people. This has been fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantage, the leader in financial crime intelligence, today announces the launch of  Fraud Detection, its new solution that uses machine […]

Optii Solutions onboards Jami Poe as Senior Director of Sales

Jami Poe,Senior Director of Sales, optii

Optii Solutions, one of the leading hotel operations software, has announced the appointment of Jami Poe as Senior Director of Sales for North, Central, and South America to support strong demand in the region. Poe will also lead key strategic engagements in the region following a number of brand and management level agreements. Poe joins […]

Trellis Data brings its AI technology to US market

Trellis data

Advanced machine learning company Trellis Data announces its entry into the United States, opening an office in Arlington, VA, after a new round of funding Ultratech Capital Partners, a specialist US investment arm of Damazein Family Office. The new round of funding catalyzes Australia-based Trellis Data’s US market entry and supports further deployment of its AI technology already in use […]

Ford formulates Latitude AI for future automated driving technology

Ford Motor Company has established Latitude AI, a wholly owned subsidiary focused on developing a hands-free, eyes-off-the-road automated driving system for millions of vehicles. With the formation of Latitude, Ford adds a leading team of machine learning, robotics, software, sensors, systems engineering and operations talent as the automaker grows and expands its development efforts in […]