Kore.ai, a leader in enterprise conversational and generative AI platform technology, announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a successful 25+ year track record investing across enterprise technology, along with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity,…
Infosys, a global leader in next-generation digital services and consulting, and NVIDIA announced that they have expanded their strategic collaboration with the aim to help enterprises worldwide, drive productivity gains with generative AI applications and solutions. The broadened alliance will bring the NVIDIA AI Enterprise ecosystem of models, tools, runtimes and GPU systems to Infosys Topaz – an AI-first set of…
In a major step to support India’s industrial sector, NVIDIA and Reliance Industries today announced a collaboration to develop India’s own foundation large language model trained on the nation’s diverse languages and tailored for generative AI applications to serve the world’s most populous nation. The companies will work together to build AI infrastructure that is…
NVIDIA announced an extensive collaboration with Tata Group to deliver AI computing infrastructure and platforms for developing AI solutions. The collaboration will bring state-of-the-art AI capabilities within reach to thousands of organizations, businesses and AI researchers, and hundreds of startups in India, a statement said. The companies will work together to build an AI supercomputer…
ServiceNow, NVIDIA, and Accenture announced the launch of AI Lighthouse, a first-of-its-kind program designed to fast-track the development and adoption of enterprise generative AI capabilities. Expanding on existing strategic partnerships among ServiceNow, NVIDIA and Accenture, AI Lighthouse will assist pioneering customers across industries in the design, development, and implementation of new generative AI use cases. AI…
US multinational tech giant NVIDIA announced that it has named to its board of directors Melissa Lora, who spent three decades as an executive at Taco Bell Corp., a subsidiary of Yum! Brands, Inc., before retiring in 2018 as president of Taco Bell International. She has also been appointed to the board’s Audit Committee. “Melissa…
Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said it has raised $270 million in a funding round from investors including Nvidia, Oracle and Salesforce Ventures, according to Reuters report. The announcement confirmed the long-rumored funding for the Toronto-based AI startup, which focuses on building AI models for enterprise customers. Cohere didn’t disclose its…
NVIDIA has agreed to acquire DeepMap, a startup dedicated to building high-definition maps for autonomous vehicles to navigate the world safely. “The acquisition is an endorsement of DeepMap’s unique vision, technology and people,” said Ali Kani, vice president and general manager of Automotive at NVIDIA. “DeepMap is expected to extend our mapping products, help us scale worldwide map operations and expand our full self-driving expertise.” “NVIDIA is…
Cloudalize, provider of NVIDIA-powered cloud platform solutions has announced a strategic partnership with Boston Limited to provide an in-house private cloud offering: Private GPU Cloud. Powered by NVIDIA’s graphics-processing unit (GPU) technology, this deployment model delivers Cloudalize’s full-stack cloud to any data centre location of choice. “This partnership brings together the expertise of Boston Limited…
Cloudalize, provider of NVIDIA-powered cloud platform solutions has announced a strategic partnership with Boston Limited to provide an in-house private cloud offering: Private GPU Cloud. Powered by NVIDIA’s graphics-processing unit (GPU) technology, this deployment model delivers Cloudalize’s full-stack cloud to any data centre location of choice. “This partnership brings together the expertise of Boston Limited…
NVIDIA and SoftBank Group Corp (SBG) announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion. The combination brings together NVIDIA’s leading AI computing platform with Arm’s vast ecosystem to create the premier computing company for the age of artificial…
San Francisco-based speech recognition technology startup Deepgram recently announced that it has raised an undisclosed amount of investment from In-Q-Tel, the venture capital capital arm of U.S Intelligence community. Post the investment, IQT and its government partners will start testing Deepgram’s transcription technology. Earlier, the startup had raised $12mn in Series A funding round led…
South Korean radar technology startup, Bitsensing has recently raised $5.8mn in a Pre-Series A funding round. This round was led by VC firm LB Investment, and Mando Corporation, a South Korean automotive supplier, participated as a strategic investor. Hansae, SB Partners also participated along with Future Play and SJ Investment Partners from a previous round.…