ArtificiaI Intelligence (AI)

SmartSimple Software, a provider of cloud-based solutions for government grants management and corporate giving, has announced the launch of SmartSimple Cloud +AI. This product introduces transformative, end-to-end AI support throughout the entire government grants management lifecycle, streamlining the process, and further reducing administrative burden.

Non-traditional competitors are gaining a firmer stronghold in the B2B market over the past years, gaining stronger momentum as a result of the accelerated adoption of distribution in response to the challenges posed by the global pandemic. Meanwhile, the pandemic-induced supply chain disruptions have also transformed the market dynamics, sending a resounding warning to global distributors that a new, digitised model is sorely needed to streamline their operations, beef up the agility and resilience required to overcome their limitations, and enhance overall customer stratification.

Paige, a provider in end-to-end digital pathology solutions and clinical AI applications, and Leica Biosystems, a cancer diagnostics company and global provider in workflow solutions, have announced an expanded partnership to enhance the use of digital pathology workflows at hospitals and laboratories around the world.

McLean, United States – Royal Schiphol Group is starting a collaboration with security technology company Pangiam to develop a new way to screen hand baggage quickly and safely. The new technology, powered by artificial intelligence, could eventually help enable travellers to go through security checks faster, without compromising on safety.

The traditional model of software delivery, often referred to as the ‘generalist’ or super-app approach is the direction many providers were heading in around 40 years ago, broadening out their tools and applications to deliver a wider range of services a business needs. In this way, many were becoming more like ERPs, says Simon Kearsley, CEO of bluQube.

Austin, United States – Coherent Logix, a provider in high-performance, low power systems-on-chips (SoCs) and advanced development tools, has announced the launch of HyperX: Midnight, a company’s fourth generation HyperX SoC for the Space 2.0 market. 

Hampton, United States – Appy Pie Design, a no-code online graphic design software that allows anybody to create graphics, has announced the launch of its new feature – AI Text to Image Generator.

Hilti announces a partnership with Canvas, a construction robotics company that has developed a robotic drywalling solution aiming to empower people to build in bold new ways.

A new partnership between GreenEnergy Expert, Katrick Technologies and independent research and technology organisation a Manufacturing Technology Centre (MTC) will help the UK reap the benefits of low-level wind energy generation. As a result of the partnership, Katrick expects a prototype of its technology, which uses kinetic energy from wind to generate green energy.

Living Proof, Inc., a science-fueled haircare company originally founded by MIT scientists, is taking its first step into the Metaverse. Living Proof has partnered with experiential e-commerce platform, ByondXR, to launch its debut virtual store.

LinkLive, a cloud-based Contact Centre as a Service (CCaaS) provider, has partnered with Kasisto, creator of KAI digital experience platform for the financial services industry, to embed KAI into the LinkLive platform. This partnership of two platforms will accelerate the adoption of both platforms at financial institutions across the U.S. and help these clients to deliver exceptional customer experience through every digital channel.

BYTE Acquisition Corp., a publicly traded special purpose acquisition company, and Airship AI Holdings, Inc., have announced the signing of a non-binding letter of intent for a potential business combination.

San Jose, United States – Cadence Design Systems, Inc., has announced that Renesas has deployed the Cadence Verisium AI-driven verification platform to enable root cause analysis of bugs. Using the Verisium platform, Renesas has improved its debug productivity, shortening the time to market for its R-Car designs for automotive applications.

PathAI, a global provider in AI-powered pathology, has announced the launch of AISight, PathAI’s digital pathology platform, and the AIM-PD-L1 NSCLC RUO algorithm, which quantitates the percent of PD-L1 positive tumor and immune cells in non-small cell lung cancer (NSCLC) samples across the whole slide image (WSI), in 13 academic medical centres, health systems, reference laboratories, and independent pathology organisations across the United States.

San Jose, United States – Tredence Inc., a data science and AI solutions company, has launched Energy.AI, an AI solution to help telecom, technology, manufacturing and CPG companies increase energy efficiency and meet environmental, social and governance (ESG) and UN sustainable development goals. Energy.AI helps enterprises monitor, capture, and optimise energy usage and improve operational efficiency, increasing speed to action by a minimum of 30%.

WiMi Hologram Cloud Inc, a global hologram augmented reality technology provider, has announced development of an AI chip system for holographic face recognition based on edge computing. The system places recognition, acquisition, and analysis at the terminal, improving the optimisation of algorithms for one hand and allowing the establishment of a private domain to protect data security for another. This system can be used in some key departments and enterprises or in controlling high-end factories and the security management of industrial parks, office buildings, flats, etc. It is easy and safe to deploy with high efficiency.

Fashion retailer, Aeropostale and Metaverse provider, MetaversePlus are joining forces to bring the fashion brand to the Metaverse. Through the partnership with Authentic Brands Group, a global brand development, marketing, and entertainment platform, and the owner of Aeropostale, MetaversePlus will design, develop and expand the brand’s presence in Web3 through NFTs, world building, as well as offering members perks and promotions.

Syncron announced that Norgren, a part of IMI plc, a global provider of designing and manufacturing motion and fluid control technologies, has selected Syncron Price to automate and streamline pricing operations, elevate the customer experience and improve efficiency and profitability.

Motive, a provider of automated operations for the physical economy, has announced a series of creations that expand the functionality of its Driver Safety Solution to combat worsening safety conditions. The new AI capabilities further improve the unrivaled accuracy of the Motive AI Dashcam by adding new types of safety and risk triggers that improve protection for drivers and reduce liability for customers.

Savvas Learning Company, a K-12 next-generation learning solutions provider, has announced that it has acquired Whooo‘s reading and its AI-driven technology that enables teachers to determine whether their students comprehend the books they are reading.

Toku Inc, a global solution for token payroll and tax compliance, has announced it has raised $20 million from a consortium led by Blockchain Capital with Protocol Labs, GMJP, OrangeDAO, Orrick, Reverie, Quantstamp, Next Web Capital and angel investors including Protocol Labs founder Juan Benet and Alchemy co-founders Nikil Viswanathan and Joe Lau.

SatixFy Communications Ltd., a provider of satellite communication technology solutions from chip to product, and Kythera Space Solutions, a provider of dynamic management systems for payloads and SATCOM networks, have announced that they have partnered to deliver advanced payload solutions for LEO constellations.

There is not a single business today that does not run on at least one piece of software. Moreover, the rate of digital transformation in recent years has driven the proliferation of software applications in a bid for greater efficiency and agility and to bolster the customer experience. To stay competitive in today’s digital-forward marketplace, businesses must deliver new products to markets faster than ever, says Kevin Thompson, CEO, Tricentis.

London, United Kingdom – Stability AI, an open source generative AI company, announces that it has acquired Init ML, makers of the globally imaging tool Clipdrop.

San Diego, United States – SOCi Inc., a marketing platform for multi-location brands, has raised [$120 million (€111.70 million)] to invest in AI marketing products and to expand into new markets. The round is led by JMI Equity, a growth equity firm focused on investing in software companies, with participation from Vertical Venture Partners (VVP), Blossom Street Ventures, and investor Renew Group Private Limited, owner of 5-hour energy International and other products. 

Tirat Carmel, Israel – Medic Vision, a provider of medical imaging solutions and Gateway Diagnostic Imaging, an independent imaging provider in North Texas, have announced the completion of their MRI efficiency improvement project.

Clario, a healthcare research and technology company that generates the clinical evidence for the clinical trials industry and GI Reviewers, LLC gastroenterology consultants and central readers, together with RSIP Vision, a developer of AI technologies for medical imaging, have announced their new AI-based scoring system for inflammatory bowel diseases.