Weka raises $140M as the AI boom bolsters data platforms
While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI. The challenges are many. But a commonly recurring one is data management. The data that companies need to train, run and fine-tune AI models is
Read MoreMeet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A
PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5 million Series A round in an environment where nearly $30 million Series A rounds are no longer common. PayHOA founder
Read MoreRestaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack
Restaurant365, which offers a restaurant management suite, has raised a hot $175M from ICONIQ Growth, KKR and L Catterton. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreWestcon-Comstor APPOINTS EVP for Middle East & Africa
Westcon-Comstor, a global technology provider and specialized distributor, announced today the promotion of Rakesh Parbhoo to the newly created role of Executive Vice President- EVP of its Middle East and Africa- MEA business. Westcon-Comstor connects the world’s leading IT vendors with a channel of technology resellers, systems integrators, and service
Read MoreLanceDB, which counts Midjourney as a customer, is building databases for multimodal AI
Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI space, he quickly ran into problems with traditional data infrastructure — problems that prevented him from bringing AI models into
Read MoreNTT DATA to Offer Digital Transformation for Salesforce
Digital Transformation NTT DATA, a prominent provider of digital business and IT services, has been chosen by Salesforce, the leading AI CRM platform, to assist in standardizing and optimizing the company’s application environment. NTT DATA will oversee the management and development of numerous applications throughout Salesforce’s organization, enabling them
Read MoreBerlin-based trawa raises €10M to use AI to make buying renewable energy easier for SMEs
Trawa simplifies energy purchasing and management for SMEs by leveraging an AI-powered platform and downstream data from customers. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreLydia, the French payments app with 8 million users, launches mobile banking app Sumeria
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreSA Banks Worry About APP Fraud and Seek Help from Consortia
South African banks persist in combating social engineering, with over half of respondents in a recent industry survey citing APP fraud as their top concern. Financial fraud stemming from social engineering scams remains a major worry for South African banks, with APP fraud and Vishing topping the list of threats
Read MoreSamsung’s Design Thinking Workshops- Solve for Tomorrow 2024
Samsung is hosting Design Thinking Workshops to assist the 20 finalist schools in the Solve For Tomorrow 2024 Competition in preparing for the crucial next phase of prototype development. The workshops are being conducted at central venues in the provinces where the finalist schools are based: Gauteng (8 finalists), Limpopo
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