Category: AI

Combined Firm, Known as TandemAI, Will Build on Synergies of Advanced Artificial Intelligence and Computational Platforms for Small Molecule and Peptide-Based Therapeutics TandemAI, a company transforming drug discovery with state-of-the-art AI and physics-based technologies integrated with full wet lab capabilities, and Perpetual Medicines, which is advancing a computational design-synthesis platform...

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ParaScript, an AI-powered document processing company, today announced the launch of a new check stock verification solution, CheckStock.AI®, an enhancement of the company’s current check fraud detection capabilities. The AI-powered technology uses a combination of image analysis and pattern recognition to accurately detect counterfeit checks, alterations, or the use of unauthorized...

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Vellum, the leading enterprise development platform for building, testing and deploying mission-critical AI products, today announced it has raised $20 million in Series A funding. The round was led by Leaders Fund, with participation from Socii Capital and returning investors Y Combinator, Rebel Fund, Pioneer Fund and Eastlink Capital. The...

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On February, 12th, 2025, the Government of Canada announced $2 million in funding to FluidAI Medical (FluidAI) through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), as part of a broader investment  aimed at supporting Waterloo Region businesses. The funding will be used to enhance FluidAI’s manufacturing processes and expedite the commercialization of its advanced postoperative...

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Award highlights Eko Health’s commitment to advancing clinical care through user-centered design and breakthrough technology. Eko Health, a leader in artificial intelligence (AI) for the early detection of heart and lung diseases, today announced that its CORE 500® Digital Stethoscope has been awarded the internationally recognized Red Dot Design Award for product design excellence....

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Polimorphic’s AI is enabling more accessible government services for over 36 million people across the United States. Polimorphic,which uses AI to digitize resident services for local governments and their constituents, today announced an $18.6 million Series A, led by General Catalyst, and continued backing from investors M13 and Shine. With...

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Enterprise customers can instantly deploy and scale high-speed Cerebras inference solutions with cloud ease Today at the RAISE Summit in Paris, France, Cerebras Systems announced that Cerebras Inference Cloud is now available in AWS Marketplace bringing Cerebras’ ultra-fast AI inference to enterprise customers, and enabling the next era of high...

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Milestone advances Elastic’s mission to support the U.S. Federal Government’s most sensitive and mission-critical workloads Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Cloud Hosted has achieved the Federal Risk and Authorization Management Program (FedRAMP) High “In Process” status on AWS GovCloud (US). This milestone reinforces Elastic’s commitment to delivering...

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Iozera, a next-generation AI-as-a-Service platform delivering high-performance, AI infrastructure-as-a-service through a global network of intelligent, energy-conscious AI data centers, has signed a Memorandum of Understanding (MOU) with ZutaCore®, a global innovator in waterless liquid cooling for AI factories. This partnership marks a pivotal move in Iozera’s strategy to build hyper-efficient...

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97% of IT Decision Makers See Significant Risks of Shadow AI, While 91% of Employees See No Risk, Little Risk, or Risk That’s Outweighed by Reward ManageEngine, a division of Zoho Corporation and a leading provider of enterprise IT management solutions, today released its report, The Shadow AI Surge in Enterprises:...

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