Databricks, a Data and AI company, has announced an expanded collaboration with NVIDIA during the GTC 2024 conference. The collaboration aims to optimize data and AI workloads on the Databricks Data Intelligence Platform. The partnership will focus on advancing Databricks workloads with NVIDIA accelerated computing and software. NVIDIA recently participated in Databricks’ Series I funding…
Extropic, a pioneer in physics-based computing, has emerged from stealth mode and unveiled its revolutionary approach to AI acceleration through thermodynamic computing. Founded in 2022 by Guillaume Verdon, Extropic has been developing novel chips and algorithms that leverage out-of-equilibrium thermodynamic systems for efficient probabilistic computations in generative AI applications. Extropic’s groundbreaking computational paradigm aims to…
RapidCanvas, the AI platform built for business, has launched with $7.5 million in seed funding led by Accel with participation from Valley Capital Partners. The platform, designed to empower business leaders and domain experts to create AI solutions without writing code, has already been validated by early adopter business leaders, driving real business outcomes. RapidCanvas…
Adaptive ML, a startup focused on enabling companies to continuously improve generative AI models based on user interactions, has announced the successful completion of a $20 million seed funding round. The funding will be utilized to support research, product development, and the expansion of the team in both Paris and New York. The company’s vision…
Brainbot, a health technology startup based in Toronto, has been chosen as one of 12 startups for the 2024 class of the Techstars Healthcare Accelerator sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. Brainbot is the only Canadian company selected for the accelerator program taking place in Los Angeles, California. As the world’s first AI-powered…
Zapier, a leading workflow automation platform, has acquired Vowel, an AI-powered video conferencing tool, with the aim of enhancing its AI automation capabilities. The funding will be utilized to further develop Zapier’s new product, Zapier Central, which serves as an AI workspace for customers to build customized AI bots to automate tasks across various apps…
FlowGPT is an inclusive platform fostering an open ecosystem for AI application creators and the community. It is the largest open source store for AI-native applications with a mission to bring AI to everyone. Since the company’s launch in January 2023, FlowGPT has attracted millions of users monthly across 110 countries and has developed over…
NLX, a company revolutionizing the customer experience space for large brands, has successfully raised $12 million in Series A funding. The funding round was led by Cercano and supported by Thayer Ventures, HL Ventures, IAG Capital Partners, JetBlue Ventures, and Tech Square Ventures’ Engage. The company aims to leverage this capital to fuel its market…
Lambda, a GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, has announced that it raised a $320 million Series C funding round. The funding was led by Thomas Tull’s US Innovative Technology and saw participation from investors including B Capital, SK Telecom, funds and accounts advised by T. Rowe Price Associates,…
Merit Medicine, a health tech startup, has announced the successful closure of a $2M seed round of funding. The funding round was led by LiveOak Ventures, a venture capital firm based in Austin, Texas. Merit Medicine aims to bring AI insights to the employer-sponsored health insurance market by helping self-funded employers anticipate high-cost medical spend…