Advanced Computing in the Age of AI | Friday, April 19, 2024

AI investments

Amazon Invests Another $2.75 Billion Into Anthropic

The GenAI boom last year triggered a desperate scramble among tech companies to adopt the new technology. With such immense potential on the line, an AI arms race is ...Full Article

AWS Launches New $100M Generative AI Innovation Center

As the realm of artificial intelligence expands at a breathtaking pace, organizations around the globe find themselves grappling with a daunting challenge: navigating the vast array of generative AI ...Full Article

2021: An Incredible Year of AI in Review

From the still-menacing COVID-19 pandemic to new virus variants and overwhelmed hospitals, to extreme weather events, continuing global supply chain issues and a world clamoring for some semblance of ...Full Article

LG AI Research Adds Another $89M Investment To Its Super-Giant AI Dreams

In December of 2020, consumer electronics giant LG quietly launched an LG AI Research division in South Korea to develop new kinds of AI technologies that can bring increased ...Full Article

Feedzai Gets Another $200M to Further Expand its Financial Risk AI/ML Management Platform

Financial crime prevention and risk management vendor Feedzai has secured another $200 million in Series D investment money as the company works to expand its sales footprint, product offerings ...Full Article

Arteria AI Closes $11M Series A Round to Scale its Contract Management Technology

AI developers have been steadily segmenting the booming financial services technology sector with new tools aimed at automating business processes. Among the latest examples are fintech startups applying AI ...Full Article

Call Centers Emerge as Popular AI Use Case

AI technology adopters are displaying surprising patience in terms of the rate of return on their investment, instead emphasizing improved customer satisfaction as their highest priority while giving AI ...Full Article
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