Spot Technologies, a pioneering startup based in El Salvador and specializing in artificial intelligence, recently announced a significant milestone in its journey, securing $2 million in funding. This impressive feat is set to propel the company’s ambitious projects in developing state-of-the-art cloud technology. The company, which maintains operational activities in…Continue Reading

Via Scientific, a pioneering informatics startup, announced on Tuesday a significant milestone in its journey, having successfully raised a substantial amount of $5 million in seed funding. This impressive financial injection marks a pivotal moment for the company, bolstering its position in the competitive field of bioinformatics. The funding round…Continue Reading

Siemens and Microsoft have formed a partnership to promote the adoption of artificial intelligence across various industries. This collaboration was officially announced during the opening keynote speech by Roland Busch, CEO of Siemens, at CES 2024. They introduced the Siemens Industrial Copilot, a generative AI-powered assistant designed to enhance collaboration…Continue Reading

APIs are crucial in today’s internet-driven world, enabling connectivity across websites, mobile apps, and IoT devices globally. The API economy, expected to reach $14.2 trillion by 2027, has drawn significant regulatory attention. Standards are set by bodies like IEEE and W3C, while security and privacy are governed by regulations like…Continue Reading

Microsoft recently announced a series of smaller, specialized artificial intelligence (AI) models named Phi, aimed at addressing more specific applications. The first, Phi-1, and its successor, Phi-1.5, are smaller language models (SLMs) with significantly fewer parameters compared to their predecessors like GPT-3 and GPT-4. Phi-2, the latest release, boasts 2.7…Continue Reading

Sam Altman, CEO of OpenAI, initially underestimated the impact of ChatGPT, a chatbot they considered not releasing publicly. However, its November 2022 launch marked a pivotal moment in generative AI, leading to significant investments and new products in 2023. Generative AI has penetrated various sectors, including finance and biomedical research….Continue Reading

Enterprises are increasingly reliant on Software as a Service (SaaS) applications, with some of the largest organizations using up to 371 different apps, marking a 32% rise since 2021. However, this proliferation has led to fragmented application use across departments, often without comprehensive oversight or understanding of usage patterns. This…Continue Reading

Virtuleap, a healthtech and edtech startup, has recently raised $2.5 million for its product Enhance VR, which integrates virtual reality and AI to advance brain health. This funding round was led by GED Ventures Portugal. Virtuleap’s innovative product comprises a suite of virtual reality games designed to assess and improve…Continue Reading