LG AI Research and Google Cloud have announced an expanded collaboration to develop LG's latest EXAONE 3.0 generative AI models and the ChatEXAONE enterprise multimodal AI agent. This partnership builds on previous successful collaborations to advance AI capabilities.
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Copado, a leader in DevOps for business applications, announces the addition of several new executives to its leadership team. These strategic hires aim to drive Copado's AI initiatives and strengthen its industry position.
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The global artificial intelligence (AI) market is projected to reach a staggering USD 1,047.0 billion by 2031, growing at a compound annual growth rate (CAGR) of 15.92% from 2024 to 2031. This growth is largely fueled by access to vast historical datasets, advancements in deep learning and artificial neural networks (ANN), and the expanding use of AI across multiple industries, including healthcare, manufacturing, aviation, and automotive. However, the market faces challenges such as high implementation costs and difficulties in integrating AI with legacy systems.
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o9, a leading enterprise AI software platform provider, has been selected by POSCO, South Korea’s prominent steel manufacturing company, to digitally transform its supply master planning capabilities. This partnership will enable POSCO to enhance its sales and operations planning processes and improve customer experience by leveraging o9's AI-powered "Digital Brain" platform, known for its seamless integration of business planning processes.
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HighGear, the pioneer of no-code enterprise workflow platforms, has once again pushed the boundaries of innovation with the introduction of its AI-powered Workflow Assistant. This cutting-edge tool marks a significant leap forward, enabling users to create fully functional workflows from natural language inputs, all without writing a single line of code. The Workflow Assistant is designed to make workflow creation more intuitive, efficient, and accessible for administrators of all experience levels.
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HiddenLayer has announced the appointment of Mike Bruchanski as its new Chief Product Officer (CPO). With over 20 years of experience in product and engineering roles, Bruchanski is set to lead the company’s product strategy and pipeline development. His appointment underscores HiddenLayer's commitment to accelerating the adoption of generative and predictive AI, while enhancing its capabilities to protect machine learning models from emerging cybersecurity threats.
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Zensai, the only AI-powered platform integrating learning, employee engagement, and performance management within Microsoft 365 and Teams, has announced the appointment of Kathleen Lord as the new Chief Revenue Officer (CRO). With a rich history of scaling companies like 1WorldSync, Skilljar, and Intacct—where she played a key role in its ~$1B acquisition by Sage—Kathleen is set to drive Zensai's revenue growth across the U.S. and global markets as the demand for their Human Success platform continues to surge.
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Procure IT, an AI-driven IT procurement company, has announced the appointment of Phil Ben-Joseph as its new Chief Information Officer (CIO). With over 25 years of experience in IT management, Ben-Joseph brings a wealth of knowledge and a proven track record in IT spend management and technology optimization. His role will be pivotal in advancing Procure IT's AI-driven platform, aimed at transforming the company's approach to IT procurement.
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The artificial intelligence as a service (AIaaS) market is projected to reach USD 124.2 billion by 2032, according to a report by Global Market Insights Inc. AIaaS platforms offer businesses tools to customize AI models for specific applications, driving significant growth in the sector. This expansion is fueled by substantial investments in AI research and development, as well as the proliferation of AI startups leading to innovations in algorithms, AI models, and data processing techniques.
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