fal, a leading infrastructure platform for AI-driven media creation, has secured $49 million in Series B funding, led by Notable Capital and Andreessen Horowitz (a16z). With participation from Bessemer Venture Partners, Kindred Ventures, and First Round Capital, this funding brings fal’s total to $72 million.
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Tricentis, a global leader in continuous testing and quality engineering, has announced the winners of its 2024 Customer Innovation Awards. These awards celebrate organizations that are pioneering innovation in software quality engineering and continuous testing.
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Schneider Electric, a global leader in digital transformation, energy management, and automation, announces an exclusive interview with Julia Peyre, the newly appointed Head of AI Strategy and Innovation, on the AI at Scale podcast. Julia, a PhD in computer vision, brings over a decade of AI expertise to the discussion, offering a deep dive into how AI is transforming industries.
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Intradiem has announced an expanded partnership with Five9, a leading intelligent CX platform provider, to enhance contact center efficiency, productivity, and employee satisfaction. By integrating Intradiem’s real-time contact center automation with Five9’s cloud-native CX platform, the collaboration aims to optimize agent experiences, reduce operational costs, and improve customer interactions.
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A new research report from Information Services Group (ISG) highlights how an unpredictable global environment, combined with the rise of AI and intelligent technologies, is reshaping the risk landscape and altering the dynamics between insurers, clients, and regulators in Europe. According to the 2024 ISG Provider Lens™ Insurance Services report, AI-powered tools are revolutionizing the insurance value chain, providing solutions to both existing and emerging challenges. Insurers are increasingly adopting these tools to streamline operations, enhance service delivery, and comply with evolving regulations.
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Baya Systems, a leader in system IP technology, has raised $36+ million in a Series B funding round led by Maverick Silicon, with a strategic investment from Synopsys and reinvestment from current investors Matrix Partners and Intel Capital. The funding will accelerate operational growth and the development of Baya's software-driven system IP technology portfolio for system-on-chip (SoC) designs and the emerging chiplet economy.
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DataRobot, a leading provider of AI solutions, has released the results of a global survey conducted in partnership with CIO.com, shedding light on the current challenges AI leaders face. The survey reveals that more than 50% of AI leaders plan to augment their investments in hyperscalers and cloud service providers to bridge gaps limiting the full impact of AI.
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Cadence announced that MediaTek has adopted its AI-driven Cadence® Virtuoso® Studio and Spectre® X Simulator on the NVIDIA accelerated computing platform for 2nm technology development. This collaboration enables MediaTek to address the growing complexity of advanced-node technology and achieve a 30% productivity gain by leveraging Cadence's custom/analog design solutions and AI capabilities.
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Dataiku, the Universal AI Platform, has introduced the Dataiku Optimizer for Snowflake, a Snowflake Native App designed to help joint customers monitor and enhance their Snowflake service usage while working seamlessly within Dataiku projects. Built using the Snowflake Native App Framework and Streamlit in Snowflake, this solution is now available on Snowflake Marketplace. Eligible Snowflake customers can also apply their Snowflake Capacity commitment toward Dataiku subscriptions in select regions, thanks to the Marketplace Capacity Drawdown Program.
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