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OctoML raises $85M for it for its machine learning acceleration platform

TechCrunch

OctoML , a Seattle-based startup that helps enterprises optimize and deploy their machine learning models, today announced that it has raised an $85 million Series C round led by Tiger Global Management. ” OctoML raises $28M Series B for its machine learning acceleration platform.

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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

Bansal saw the writing on the wall four years ago, he said, when he cofounded San Francisco-based Traceable with CTO Sanjay Nagaraj. Businesses need machine learning here. You can no longer easily buy or hire security people, so you need to solve these vulnerabilities via technology.” ”

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SAP AI pact with AWS offers customers more gen AI options

CIO

Such AI partnerships are important for SAP, said Chief Technology Officer Jürgen Müller, pointing to other cooperations, for example with IBM, the chip manufacturer Nvidia and various universities. SAP is expanding its AI ecosystem with a partnership with AWS.

AWS 195
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Rocket Mortgage lays foundation for generative AI success

CIO

That’s why Rocket Mortgage has been a vigorous implementor of machine learning and AI technologies — and why CIO Brian Woodring emphasizes a “human in the loop” AI strategy that will not be pinned down to any one generative AI model. Artificial Intelligence, Data Management, Digital Transformation, Generative AI

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The year’s top 10 enterprise AI trends — so far

CIO

Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. Gen AI is that amplification and the world’s reaction to it is like enterprises and society reacting to the introduction of a foreign body. “We

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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

This transition has propelled AI and machine learning to the forefront, with 51% of CIOs identifying these technologies as among their most urgent priorities, alongside cybersecurity, highlighting their crucial role in driving organizational success. Artificial Intelligence

Survey 341
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7 enterprise data strategy trends

CIO

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Guan believes that having the ability to harness data is non-negotiable in today’s business environment.

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