Redis has unveiled a suite of AI-focused products, including Redis for AI, Redis Copilot, and enhanced vector database capabilities in Redis 8, aimed at simplifying and accelerating the development and deployment of GenAI applications.
Piramidal, a healthcare AI startup, is developing a groundbreaking foundation model for EEG data that will unlock a series of use cases in medical settings, from assisting in diagnosing neurological conditions to supporting the discovery of biomarkers for drug and treatment development.
AI startup Harmonyze has secured over $2 million in pre-seed funding to expand its AI-powered platform that automates and streamlines franchise operations, potentially transforming the $5 trillion global franchise market by increasing efficiency and profitability.
BeyondMath's digital wind tunnel uses machine learning to provide near real-time simulations of complex aerodynamics, significantly accelerating the engineering process and cutting costs. The company boasts F1 as an early adopter and recently raised an $8.5M seed round led by UP.Partners.
Reclaim.ai, an intelligent scheduling assistant that optimizes users' calendars by automatically managing time blocks for activities and facilitating smart scheduling of recurring meetings, announced its plans to continue developing its product after being acquired by Dropbox.
AI-powered software testing company Opkey has secured $47 million in funding to enhance and expand its technology that uses artificial intelligence to streamline and improve the risky process of updating crucial business software systems.
NVIDIA researchers have developed a breakthrough technique combining structured weight pruning and knowledge distillation to create smaller, more efficient language models, which offer improved performance and significant compute savings while remaining competitive with larger models.
Ideogram has launched Ideogram 2.0, a cutting-edge text-to-image AI model with superior capabilities in realistic image generation and typography, alongside new offerings including an iOS app, API access, and a searchable database of over 1 billion community-generated images.
Skyfire Systems Inc., founded by former Ripple executives, has raised $8.5 million to develop infrastructure enabling AI agents to make autonomous payments, focusing on secure wallet access, verified identity services, and an open payment protocol.
SleekFlow, a Singapore-based provider of AI-powered customer engagement solutions, has secured $7 million in Series A+ funding to accelerate its global expansion, enhance its AI technology, and develop fully automated sales and support journeys across various communication channels.
OpenAI has announced a licensing agreement with Condé Nast to display content on its products, marking a collaborative approach to address content monetization challenges in the era of generative AI, in contrast to other publishers who have pursued legal action against OpenAI.
Logically, a leading provider of AI solutions to combat harmful online content, has acquired Insikt AI to bolster its research and development capabilities, expand its technology portfolio, and deliver a competitive advantage to customers in tackling a broader range of online threats.