Chartis Research has once again named SAS, a leader in data and AI, as a category leader in its AML Transaction Monitoring Solutions, 2024 Market Quadrants report. This marks the second consecutive year SAS has achieved the highest scores in anti-money laundering evaluations, showcasing its industry-leading capabilities. Read More

Cerebras Systems, a leader in generative AI acceleration, has announced the appointment of Thomas (Tom) Lantzsch as an independent board member. Lantzsch, a highly experienced technology executive, brings over 40 years of leadership experience from both Fortune 500 companies and early-stage startups. His deep expertise in scaling AI-driven businesses and driving transformational growth positions him as an invaluable addition to the Cerebras team. Read More

Lightning AI, the company behind the PyTorch Lightning framework, has secured a $50 million equity investment from major backers, including Cisco Investments, J.P. Morgan, K5 Global, and NVIDIA. This funding brings its total raised to $103 million. Lightning AI's revolutionary platform, which has already attracted 240,000 users and surpassed 160 million downloads of PyTorch Lightning, is reshaping AI development by providing a cloud-based, multiplayer, persistent development environment for model finetuning, deployment, and agent building. Read More

Rabbit Inc., an AI startup, has announced the launch of its beta version of the "teach mode" agent system, now accessible to all R1 users. Teach mode is an advanced developer tool that allows users to create and teach AI agents to automate tasks across various digital interfaces, including websites, with no coding expertise required. This innovation is part of Rabbit’s broader vision to redefine human-computer interaction with AI-driven solutions. Read More

Lumina AI, a leader in advanced machine learning solutions, has appointed Jason Sultz to its Advisory Board. With a strong background in product marketing, engineering, business development, and sales leadership, Sultz’s appointment will play a key role in advancing Lumina AI’s mission to empower organizations through transformative AI technologies. Read More

Instabase, a leading AI solution for unstructured data, has appointed Junie Dinda as Chief Marketing Officer. With over 20 years of marketing experience, Dinda is set to lead the company's marketing strategy during a period of growth and innovation. Read More

Riverbed, the leader in AI Observability, recently unveiled the findings of its 2024 Global AI & Digital Experience Survey focused on the Retail sector. The survey revealed that retail organizations are increasingly prioritizing AI to enhance digital experiences and stay competitive. While AI adoption is seen as critical for improving customer service, operational efficiency, and personalization, significant challenges remain, particularly around data quality and scalability. This article dives into the survey’s key findings and insights from retail leaders on AI’s role in shaping the industry. Read More