PreciseDx, a leader in oncology diagnostics utilizing Artificial Intelligence (AI) for innovative disease analysis, has successfully raised $20.7 million in Series B funding. This brings their total funding to $31.5 million. The funding round, led by Eventide Asset Management, includes notable participants such as Labcorp, Quest Diagnostics, and GenHenn Capital Venture. The recent Series B... Read More

aiOla, a leader in speech recognition technology, has announced the release of its groundbreaking open-source AI model, Whisper-Medusa. This new model, built on a multi-head attention architecture, outperforms OpenAI's widely acclaimed Whisper model by achieving a 50% increase in speed without compromising on performance. As the automatic speech recognition market is set to grow to $7.14 billion this year, Whisper-Medusa positions aiOla at the forefront of this rapidly expanding field. Read More

Canva, a global leader in visual communication with over 190 million monthly users, has announced its plan to acquire Leonardo.AI. As one of Australia’s fastest-growing startups specializing in generative AI, Leonardo.AI is renowned for its advanced content creation tools. This acquisition represents a significant milestone in Canva’s mission to enhance its suite of visual AI tools and revolutionize the creative process. Read More

IntelePeer, a leading AI-powered communications automation provider, has announced the successful completion of $140 million in new growth funding and debt financing. This significant investment, co-led by Savant Growth LLC and VantagePoint Capital Partners, with additional support from various investors, will fuel IntelePeer’s mission to revolutionize contact center operations and customer experience through advanced AI and automation technologies. Read More

Axios HQ, renowned for its expertise in internal communications, has introduced a revolutionary AI-powered assistant. Designed by communicators for communicators, this tool combines a decade of human expertise with advanced AI to elevate internal communication strategies. Launched under the guidance of the newly appointed Head of Machine Learning, this assistant marks a significant advancement in HQ's generative AI strategy. Read More

Sinch, a leader in Customer Communications Cloud, has launched Sinch AI, a groundbreaking capability designed to revolutionize conversational experiences. This advanced toolset empowers businesses to create smarter, safer, and more efficient interactions, setting them apart in a competitive market. Read More

IntelePeer, a leader in AI-powered Communications Automation Platforms, has introduced SmartCommunicator for Microsoft Teams. This new module for the SmartOffice and SmartWorker solutions revolutionizes how front office and enterprise workers manage customer interactions. Available through the Microsoft Teams Marketplace, SmartCommunicator integrates advanced AI and automation features to streamline communication and enhance productivity. Read More

Truecaller, the leading global communications platform, has unveiled a cutting-edge feature aimed at enhancing its spam and scam-fighting capabilities: the AI Call Scanner. This innovative tool leverages AI technology to detect and warn users in real time if the voice on a call is AI-generated, thereby safeguarding users from potential scams and fraudulent activities. Read More