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Welcome to the "Press Releases" category on NowadAIs, your premier source for the latest updates in the world of artificial intelligence. Our carefully curated Press Releases provide a comprehensive overview of the most recent breakthroughs, partnerships, and product launches in the AI industry. Whether you're a tech enthusiast, an industry professional, or someone curious about the evolving landscape of artificial intelligence, our Press Release section ensures you stay informed about the pivotal developments shaping the future. Explore in-depth analyses, official statements, and key insights from industry leaders, all in one place, to keep your finger on the pulse of AI innovation

Certify Named to Fast Company's Fourth Annual List of the Next Big Things in Tech

Certify Named to Fast Company’s Fourth Annual List of the Next Big Things in Tech

November 20, 2024

by Juhasz "the Mage" Gabor

NEW YORK, Nov. 20, 2024 — Certify, the company building the data infrastructure to power the next-generation of provider data technology, today announced that it has been named to Fast Company‘s fourth annual Next Big Things

TEAM NAVER to establish a joint venture with the National Housing Company in Saudi Arabia, building additional foundations for business along with its digital twin platform

TEAM NAVER to establish a joint venture with the National Housing Company in Saudi Arabia, building additional foundations for business along with its digital twin platform

November 18, 2024

by Juhasz "the Mage" Gabor

SEONGNAM, South Korea, Nov. 18, 2024 — TEAM NAVER is to establish a joint venture with Saudi Arabia’s National Housing Company (NHC), a state-owned company under the Ministry of Municipalities and Housing. The JV will serve

Jereh Showcases Digitalized Exhibit at ADIPEC 2024, Highlighting Smart, Sustainable Energy Solutions

Jereh Showcases Digitalized Exhibit at ADIPEC 2024, Highlighting Smart, Sustainable Energy Solutions

November 7, 2024

by Juhasz "the Mage" Gabor

ABU DHABI, UAE, Nov. 7, 2024 — Amidst a year of expansion and technological breakthroughs, Jereh brings a dynamic showcase to ADIPEC 2024. Pushing the boundaries of high-end engineering and equipment, Jereh is

Series models integrated with DeepRoute IO set to release in 2024

DeepRoute.ai Announces Major Series C1 Funding; Strategic Investment from Prestigious Chinese Automotive OEM

November 5, 2024

by Juhasz "the Mage" Gabor

SHENZHEN, China, Nov. 4, 2024 — DeepRoute.ai, the leading artificial intelligence company specializing in developing smart driving solutions, announced a strategic Series C1 funding round, raising US$100 million from prestigious Chinese automotive OEM. The funding will

Qiddiya and leading tech company Globant agree a landmark partnership to make Saudi Arabia's Qiddiya City one of the world's most immersive entertainment hubs

Qiddiya and leading tech company Globant agree a landmark partnership to make Saudi Arabia’s Qiddiya City one of the world’s most immersive entertainment hubs

November 4, 2024

by Juhasz "the Mage" Gabor

RIYADH, Saudi Arabia, Nov. 4, 2024 — Qiddiya Investment Company (QIC) and leading technology company Globant (NYSE: GLOB) have announced a significant new partnership that will cement Saudi Arabia’s landmark new destination Qiddiya City as one

Socure to Acquire Effectiv for $136M

Socure to Acquire Effectiv for $136M

October 24, 2024

by Juhasz "the Mage" Gabor

INCLINE VILLAGE, Nev., Oct. 24, 2024 — Socure, the leading provider of artificial intelligence for digital identity verification, fraud prevention and sanction screening, has signed an agreement to acquire Effectiv, a real-time risk decisioning company, for $136M. The

Asana Announces AI Studio No-Code Builder for Designing and Deploying AI Agents in Critical Workflows

Asana Announces AI Studio: No-Code Builder for Designing and Deploying AI Agents in Critical Workflows

October 23, 2024

by Juhasz "the Mage" Gabor

SAN FRANCISCO– Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, today unveiled Asana AI Studio, a no-code builder that lets any team design any workflow, embed AI agents without

AI Governance Startup DAIKI GmbH Raises €1.5 Million in Seed Funding

AI Governance Startup DAIKI GmbH Raises €1.5 Million in Seed Funding

October 23, 2024

by Juhasz "the Mage" Gabor

VIENNA , Oct. 23, 2024 — DAIKI GmbH , an AI governance and compliance solutions provider based in Vienna , has successfully secured €1.5 million in seed funding to support its European roll-out and further product development.

WEKA Partners With NexGen Cloud to Democratize AI

NexGen Cloud’s Hyperstack Platform and AI Supercloud Are Leveraging WEKA’s Data Platform Software To Provide Fast, Affordable, Sustainable On-Demand Solutions for AI Model Training and Inference CAMPBELL, Calif., Jan. 31, 2024 — WekaIO (WEKA),

January 31, 2024

IIT Madras receives endowment of Rs 110 Crore from Mr. Sunil Wadhwani to establish Wadhwani School of Data Science and AI

The school aims to rise to the top 20 AI-focused schools worldwide, focusing on Responsible AI and advising the Government on policy-making and societal impact CHENNAI, India, Jan. 30, 2024 /PRNewswire/ — Indian Institute of

January 30, 2024

Entera Global Redefines Bank Statement Processing to Tally in its AI-Driven Software

New feature allows seamless import of any bank statement into all Tally versions. Bank statements are recognized in various formats, including PDF and Excel, executing auto-ledger and smart splitting processes. Supports top

January 30, 2024

Mobile AI Market to grow by USD 39.91 billion between 2023 to 2028, Globally at 26.78% CAGR – Technavio

NEW YORK, Jan. 29, 2024 — The mobile AI market is estimated to grow by USD 39.91 billion from 2023 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 26.78% with a YOY growth rate

January 29, 2024

43.6% CAGR to be Recorded in Aerospace Artificial Intelligence Market between 2023 and 2028 – 17,000+ Technavio Research Reports

Market segmented by Component (Software, Hardware, and Services), End-user (Machine learning, Natural language processing, Computer vision, and Context-awareness computing), and Geography (North America, Europe, APAC, Middle East and Africa, and South America). NEW YORK, Jan. 28, 2024 —

January 28, 2024

First Ascent Ventures, Spring Mountain Capital, BDC Capital and Espresso Capital lead Thentia’s latest $38M Series B extension round, supporting the company’s continued growth. (CNW Group/Thentia Corporation)

Thentia secures $38M to drive global expansion, innovation in regulatory technology and artificial intelligence

rst Ascent Ventures, Spring Mountain Capital, BDC Capital and Espresso Capital lead Thentia’s latest $38M Series B extension round, supporting the company’s continued growth. OKLAHOMA CITY, Okla., Jan. 26, 2024 – Thentia, a leading innovator in

January 26, 2024

Forward Networks Unveils Generative AI Features and Strategic Roadmap for Digital Twin Platform

Forward introduces AI Assist to help engineers gain greater insights and reach faster resolutions to their most challenging network issues using natural language SANTA CLARA, Calif., Jan. 25, 2024 — Forward Networks has

January 25, 2024

Atomix.cc Unveils Groundbreaking Smart Communication Platform for Financial Brokers with Real-Time Emotional Intelligence and AI analysis for chats and voice conversations at IFX Expo Dubai 2024

PAPHOS, Cyprus, Jan. 25, 2024 — Atomix.cc, a leading innovator in cybersecurity and communication solutions, made a sensational appearance at the IFX Expo Dubai 2024, showcasing its revolutionary smart communication platform designed exclusively for financial brokers. The platform,

January 25, 2024

Cyngn’s Next-Gen DriveMod Kit Will Harness Nvidia AI Computers

MENLO PARK, Calif., Jan. 25, 2024 — Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN) today announced a strategic shift to Nvidia AI computers that will revolutionize the technology powering its fleet of DriveMod

January 25, 2024

Brett Vaughan, Former Chief AI Officer of the U.S. Navy, Joins Knexus Board of Advisors

NATIONAL HARBOR, Md., Jan. 25, 2024 – Knexus announced today that Brett Vaughan, the former Chief AI Officer of the U.S. Navy, has joined the company as an inaugural member of its Board

January 25, 2024

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