Covering Scientific & Technical AI | Wednesday, March 12, 2025

DataRobot’s Busy Day: Nabs $300M in Series G Funding and Acquires Algorithmia

In a move to solidify its position in the emerging market for enterprise AI platforms, DataRobot today announced the completion of a $300 million Series G round of funding. ...Full Article

Inference Chip Vendor Untether AI Brings in $125M In Oversubscribed Round B Funding

Untether AI, which specializes in AI inferencing chips for neural networks, cloud infrastructure and more, recently sought $100 million in new Round B funding for its operations and growth. ...Full Article

How AI Is Transforming the Technology Workplace: Lessons from JPMorgan Chase

AI poses great potential for improving productivity in the technology workplace, Salwa Alamir of JPMorgan Chase said in her plenary session at PEARC21. A data-driven ML approach can help ...Full Article

Xilinx Aims Its Newest Versal HBM Accelerators, Coming in 2022, at Big Data Compute Workloads

Just a month after unveiling its latest Versal AI Edge accelerators, FPGA maker Xilinx has announced its newest device family, the Versal HBM series, which includes fast memory, secure ...Full Article

Nvidia’s Speedy New Inference Engine Keeps BERT Latency Within a Millisecond

Disappointment abounds when your data scientists dial in the accuracy on deep learning models to a high degree but are then eventually forced to gut the model for inference ...Full Article

GlobalFoundries to Spend $1B to Expand Chip Capacity; Unveils Plans for New Fab Plant

Chipmaker GlobalFoundries is planning to spend $1 billion to add needed chip manufacturing capacity as soon as possible at its fab plant in Malta, N.Y., while also unveiling its ...Full Article

The Rise of the Industrial Data Scientist in an Industrial AI World

The industrial sector is currently in the middle of its next pivotal transformation, which this time it is a digital transformation driven by the industrial internet of things, AI ...Full Article

Intel Seeks $30B Deal for GlobalFoundries as New CEO Pat Gelsinger’s Changes Continue: Report

When Intel launched plans in March to spend $20 billion to launch two new fabs to dramatically increase its computer chip production capabilities, it was a big deal, coming ...Full Article

AI Conversation Intelligence Platform Chorus.ai Acquired by ZoomInfo for $575M

Marketing software vendor ZoomInfo is expanding its go-to-market services to enterprises by acquiring Chorus.ai, which uses AI to capture data insights from phone calls, video meetings, sales meetings, emails ...Full Article

Computer Vision Software Startup Algolux Brings In $18.4M in Series B Funding

Algolux, a computer vision startup that builds software for advanced driver assistance systems (ADAS) and for autonomous vehicles, has secured $18.4 million in new Series B funding from a ...Full Article
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