Ubitium Debuts First Universal RISC-V Processor to Enable AI at No Additional Cost, as It Raises $3.7M
November 21, 2024 08:00 ET
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Ubitium
Düsseldorf, Nov. 21, 2024 (GLOBE NEWSWIRE) -- For over half a century, general-purpose processors have been built on the Tomasulo algorithm, developed by IBM engineer Robert Tomasulo in 1967....
Menlo Ventures’ 2024 State of Generative AI Report Reveals 6x Spike in Enterprise Spending as Market Leaders Shift
November 20, 2024 14:30 ET
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Menlo Ventures
MENLO PARK, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Menlo Ventures, a leading venture capital firm investing at the forefront of AI, released its second annual State of Generative AI in the...
Locad raises $9m for smart digital logistics engine to expand globally
November 20, 2024 08:00 ET
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Locad
Singapore, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Locad – the leading smart digital logistics engine empowering consumer brands with its Cloud Supply Chain-As-a-Service for global distribution –...
Calvin Risk secures $4M as its mission to make enterprise AI trustworthy takes off
November 19, 2024 08:00 ET
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Calvin Risk
Zurich, Nov. 19, 2024 (GLOBE NEWSWIRE) -- As artificial intelligence (AI) rapidly proliferates across enterprises, rushed mediocre implementations create a series of operational risks: bias, opaque...
Airbound Secures $1.7M to Make Drone Delivery Economically Viable Everywhere
November 14, 2024 08:00 ET
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Airbound
San Francisco, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Airbound, a drone technology startup, today announced a $1.7 million seed round led by Lightspeed to build the world’s most efficient delivery drone....
Founderful defies European VC consolidation trend with oversubscribed $140m Fund II
November 14, 2024 07:00 ET
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Founderful
Zurich, Nov. 14, 2024 (GLOBE NEWSWIRE) -- As Europe’s venture capital market grapples with widespread consolidation and emerging manager buyouts, Founderful has closed an oversubscribed $140 million...
Nodenza Venture Partners appoints George Freeman as Chair of Advisory Board
November 12, 2024 07:00 ET
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Nodenza Venture Partners
Nodenza Venture Partners appoints George Freeman as Chair of Advisory Board New York, November 12, 2024 – Nodenza Ventures Partners (“Nodenza”), today announces the appointment of George Freeman, MP,...
Connecty AI raises $1.8M to solve enterprise data’s three-dimensional problem
November 11, 2024 12:30 ET
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Connecty AI
San Francisco, Nov. 11, 2024 (GLOBE NEWSWIRE) -- In the past two years, a wave of AI-powered data tools has flooded the market, each claiming to replace data analysts. The reality consistently falls...
11x Raises a $50 Million Series B Led by Andreessen Horowitz to Accelerate the Era of Digital Workers
November 11, 2024 12:00 ET
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11X AI INC.
SAN FRANCISCO, Nov. 11, 2024 (GLOBE NEWSWIRE) -- 11x, the leader in AI-powered digital workers for revenue teams, today announced the closing of a $50 million Series B funding round led by...
SuRo Capital Corp. Reports Third Quarter 2024 Financial Results
November 07, 2024 16:05 ET
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SuRo Capital Corp.
Continues to Advance AI Strategy with Major New Investments Net Asset Value of $6.73 Per Share as of September 30, 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- SuRo...