This week we saw a surge in investments and advances in AI-powered technology, from Hinduja Global Solutions’ unveiling of a user interface to Yalo’s securing of a massive 20 million USD to Toriis’ securing the #1 spot in G2 Reports’ Grid Report. These innovative solutions promise to redefine user experience, offer actionable data insights, foster conversations on health-related matters and revolutionise the energy, advertising and software-as-a-service industries. With major investments pouring in from both international and local sources, it’s clear that AI is a force to be reckoned with.
Hinduja Global Solutions unveils AI-powered user interface stock inches up
Source: The Hindu Business Line (thehindubusinessline.com)
AI Summary:
Hinduja Global Solutions’ unveiling of an AI-powered user interface has sent ripples through the market, sparking a surge in stock value. The cutting-edge technology promises to redefine user experience and streamline operations, positioning the company at the forefront of innovation. This move underscores HGS’s commitment to leveraging AI for sustainable growth and competitive advantage.
Bayanat AI and Yahsat merging to create AI-powered space tech compan
Source: Verdict (verdict.co.uk)
AI Summary:
Yahsat, a subsidiary of Abu Dhabi’s Mubadala Investment Company, has announced plans to merge with Bayanat AI to create a regional industry leader in geospatial intelligence. The combined entity, Yahsat Bayanat AI, will offer innovative and technologically advanced solutions in the geospatial, government, enterprise and defence markets.
ThroughPut.ai launches New AI-powered, Self-serve Data Mapping, Engineering and Transformation Capabilities to Accelerate time-to-value for Supply Chain Decision Intelligence
Source: PR Newswire UK (prnewswire.co.uk)
AI Summary:
Throughput.ai has introduced powerful new AI-powered capabilities that enable data engineering and transformation to be done “self-serve,” streamlining the process and increasing value for supply chain decision intelligence. With this unique system, organizations can now access actionable data insights with speed and precision – rapidly deriving value from their available data sources.
Yalo Gains $20M for AI-Driven Retail Commerce
Source: Contxto (contxto.com)
AI Summary:
Yalo, one of Mexico’s emerging e-commerce startups, has recently secured a new sum of 20 million USD, the largest single investment to date for AI powered retail commerce in the country. This sizable investment marks the growing international interest in the country’s rapidly developing digital economy.
Real Chemistry teams with American Cancer Society to tap AI for ‘soundflake’ cancer campaign
Source: Fierce Pharma (fiercepharma.com)
AI Summary:
Real Chemistry Inc. is making a paradigm-shifting move: partnering with the American Cancer Society and using AI-enabled soundflake technology to create an unprecedented campaign to reach and educate people on cancer. This is a powerful step towards sparking more conversations and improving the health of the nation.
German green tech suena snaps €3M for its AI-powered energy storage platform
Source: Tech Funding News (techfundingnews.com)
AI Summary:
Serial green tech startup Suena has secured €3M in seed funding to expand its AI-powered energy storage platform. With the investment coming from German business angel network F&S, this marks a major success for the ambitious company, who are determined to revolutionise the energy industry.
Torii’s Generative AI-Powered SaaS Management Platform Named #1 by G2 Reports
Source: AiThority (aithority.com)
AI Summary:
Toriis, a powerful AI-based software-as-a-service management platform, continues to make waves in the SAAS industry. It recently secured the prestigious #1 spot in G2 Reports’ Grid Report, further cementing its position as a market leader. With a commitment to innovation and a user-friendly system, Toriis is set to revolutionize the SAAS industry.
Adwanted USA launches Gen AI Tool Allocator in U.S.
Source: MarTech Cube (martechcube.com)
AI Summary:
AdWanted USA is shaking up the advertising industry with the launch of their Gen.AI Allocator tool. This powerful AI-driven technology will help marketers and agencies make the most of their ad budget, providing more efficient and effective allocation decisions to drive greater ROI. Marketers, it’s time to get advanced!
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