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AI investments
Canada to Drive Billions in Investments to Build Domestic AI Compute Capacity at Home
OTTAWA, Ontario, Dec. 5, 2024 -- Compute is the technology that powers artificial intelligence (AI). It's the chips and the data centers, the backbone of this transformative new technology. ...Full Article
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
