NEWS PROVIDED BYThrive Global Jul 08, 2024, 06:00 ET Health and wearables product leader DeCarlos Love leaves Google to serve as CEO The Alice L. Walton Foundation to be a strategic investor to leverage AI to make a healthier life accessible to all SAN FRANCISCO, July 8, 2024 /PRNewswire/ — The OpenAI Startup Fund and Thrive Global announced today the creation of a new company, Thrive AI Health, exclusively devoted to building an AI health coach. The company’s mission is to use AI to democratize access to expert-level health coaching to improve health outcomes. This will also address growing health inequities by bringing the…
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NEWS PROVIDED BYSkyQuest Technology Jul 08, 2024, 10:10 ET WESTFORD, Mass., July 8, 2024 /PRNewswire/ — According to SkyQuest, the global Artificial Intelligence (AI) in Computer Vision Market size was valued at USD 20.7 billion in 2022 and is poised to grow from USD 25.8 billion in 2023 to USD 148.8 billion by 2031, growing at a CAGR of 24.5% during the forecast period (2024-2031). Intelligence (AI) in computer vision is growing rapidly due to high demand in various industries. Computer-based intelligence (AI) has become central to predictive maintenance, using CCTV and deep machine learning algorithms to accurately detect faults in many systems that highlight the importance of such technology in…
NEWS PROVIDED BYMarketsandMarkets Jul 08, 2024, 10:15 ET CHICAGO, July 8, 2024 /PRNewswire/ — The global Cloud FinOps Market will grow from USD 13.5 billion in 2024 to USD 23.3 billion by 2029 at a compounded annual growth rate (CAGR) of 11.4% during the forecast period, according to a new report by MarketsandMarkets™. Cloud FinOps solutions are critical for small industries to deal with the overall and optimal management of expenses within the cloud environment. The cost of the cloud is perhaps one of the most critical ways small businesses can control their expenditure as it goes straight to their profit and loss account. Cloud FinOps tools enable…
NEWS PROVIDED BYDAMAC Group Jul 08, 2024, 10:42 ET Through strategic investments, DAMAC is dedicated to fostering innovation and driving the next wave of technological advancements DUBAI, UAE, July 8, 2024 /PRNewswire/ — DAMAC Group, a leading conglomerate known for its diverse investment portfolio, has announced a significant increase in its investment in the rapidly evolving Artificial Intelligence (AI) sector. DAMAC Group announced notable investments in leading AI companies including a $50 million in the AI startup, Anthropic – as one of the top investors who have bought into the company from the cryptocurrency exchange, FTX. The Group has also made investments in xAI – an…
NEWS PROVIDED BYRossum Jul 08, 2024, 10:00 ET LONDON, July 8, 2024 /PRNewswire/ — Rossum, a leader in intelligent document processing, announced today a strategic partnership with 8Quanta, a leading finance consulting firm, to reinforce its capabilities in terms of NetSuite integrations for its US client base. This collaboration brings together Rossum’s AI-first document automation platform with 8Quanta’s proven track record in NetSuite implementation, optimization, and support to automate the processing and validation of invoices and purchase orders. “Together with 8Quanta, we are excited to offer a powerful solution specifically designed to address the automation challenges faced by finance teams working with NetSuite,” said David Jamieson,…
NEWS PROVIDED BYGoldman Edwards Jul 08, 2024, 09:30 ET GE was awarded a $2.4 billion IDIQ contract to support the FAA over the next decade. BETHESDA, Md., July 8, 2024 /PRNewswire/ — Goldman Edwards, Inc., in partnership with Tantus Technologies Inc. through the Goldman Edwards-Tantus (GET) joint venture, is thrilled to announce its selection for the Federal Aviation Administration (FAA) Innovative Program for Strategic Sourcing (ITIPSS) award. This 10-year, $2.4 billion contract will enable the FAA to advance existing programs and implement innovative solutions to achieve its strategic initiatives. These initiatives range from future application and technology modernization efforts adopted by the government to enhance enterprise-wide…
NEWS PROVIDED BYTrebleHook Jul 08, 2024, 09:47 ET GREENVILLE, S.C., July 8, 2024 /PRNewswire/ — TrebleHook is excited to announce its acceptance as a member company of the South Carolina Research Authority (SCRA). This membership marks a significant milestone for TrebleHook, reinforcing its commitment to innovation and growth within the Architecture, Engineering, and Construction (AEC) sector and helping to build the technology ecosystem in South Carolina. As a member of SCRA, TrebleHook gains access to a wealth of resources and support to accelerate growth and join the ranks of some of South Carolina’s most impactful technology businesses. This partnership aligns perfectly with TrebleHook’s mission to…
NEWS PROVIDED BYCompass UOL Jul 08, 2024, 09:43 ET SAN FRANCISCO, July 8, 2024 /PRNewswire/ — Compass UOL, part of AI/R, the AI Revolution Group, announced today that the company will participate in four upcoming Amazon Web Services (AWS) Summits in New York, Bogota, Sao Paulo, and Mexico City. AWS Summits are a series of free online and in-person events that bring the cloud computing community together to connect, collaborate, and learn about AWS. Attendees can explore how cutting-edge technologies, from generative artificial intelligence (AI) to analytics, are revolutionizing industries and empowering businesses to lead in the digital era. Compass UOL, an AWS Partner that achieved…
NEWS PROVIDED BYEKA Solutions, Inc. Jul 08, 2024, 09:00 ET SALT LAKE CITY, July 8, 2024 /PRNewswire/ — EKA Solutions Inc., the industry leading provider of cloud-based integrated freight management platform, EKA Omni-TMS®, announced today that it will be using Google Cloud to enhance its freight management services. Consistent with its vision to deliver hyper automation and the next level of customer experience and performance to carriers, brokers, and shippers, EKA will transition in Q3 2024 to using Google Cloud’s data, AI, and security solutions, including Vertex AI, Cloud Run, CloudSQL, and more, to develop and operate its SaaS Freight Management Software…
NEWS PROVIDED BYVirtualitics Jul 08, 2024, 09:00 ET Recognized for New AI-Powered Maintenance Decision Intelligence Application, AI and ML Technology, and CTO of the Year PASADENA, Calif., July 8, 2024 /PRNewswire/ — Virtualitics, a leader in AI decision intelligence applications, today announced it has been recognized with three 2024 Globee® Awards for Technology, Innovation, and CTO of the Year. The company secured honors in the following categories: “We’re honored to be recognized by Globee Awards,” said Michael Amori, CEO and co-founder of Virtualitics. “These awards underscore our commitment to advancing AI solutions that are both powerful and explainable. This acknowledgment also highlights the incredible talent within…