Murf AI raised $10 million in a series A funding round. Murf AI was founded in october 2020 by a group of graduates from IIT Kharagpur. The startup intends to use the funds raised to drive further product innovation, accelerate R&D, and expand its presence in key markets. Murf AI, a startup that uses artificial intelligence to help businesses create natural-sounding voiceovers, has raised $10 million in a series A funding round led by Matrix Partners India. Elevation Capital and prominent angel investors such as Ajay Arora (SVP Product, Disney…
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How to develop a future workforce to take advantage of the benefits of AI?
AI is marking its presence in numerous industries. The future workforce may require to possess skills like critical thinking & creativity. Professionals should be familiar with the machine-human collaborating work environment Smart technologies like AI are rapidly changing the way we live and marking their presence in numerous industries rapidly and are changing the nature and behavior of workplaces. artificial intelligence tools have the power to ignite far better productivity, efficiency, and accuracy across companies. With AI continuing to create buzz, many organizations are shown keen interest to associate…
Read MoreWhy you should attend the GAISA 2022?
The Global Artificial Intelligence Summit and Awards is back with the 3rd edition on October 07th and 08th. The event will be held at Vigyan Bhawan, New Delhi The summit discusses the AI innovations that happened in major sectors such as Healthcare, Agriculture, Education, Smart cities, and Transportation. The Global Artificial Intelligence Summit and Awards (GAISA), one of the world’s most prominent AI events, is scheduled for October 07th and 08th, 2022. Organized by the All India Council for Robotics and Automation, The GAISA event brings together some of…
Read MoreDARPA has launched competition to find AI solutions for sourcing key minerals
Darpa collaborates with USGS for using AI in critical mineral analysis It announced two challenges namely Mapgeoreferencing Channel & Map Feature Extraction Challenge. First three winners of the challenge will get exciting rewards. DARPA has launched a competition to find artificial intelligence solutions that can aid in the sourcing of key minerals. Critical minerals are non-fuel raw resources that are required for the production of products that are critical to national security. DARPA is collaborating with the US Geological Survey (USGS) to investigate how machine learning and artificial intelligence (AI)…
Read MoreMirae Asset Mutual Fund launches ETFs investing in Electric Vehicles and Artificial Intelligence
Mirae Asset Mutual Fund has introduced new fund offerings focused on Electric and Autonomous Vehicles and Artificial Intelligence. Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund (AI FoF) will buy Global X Artificial Intelligence & Technology ETF units. Mirae Asset Financial Group includes Global X ETFs. Mirae Asset Mutual Fund has introduced two new fund offerings focused on Electric and Autonomous Vehicles and Artificial Intelligence. Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund and Mirae Asset Global X Artificial Intelligence and Technology ETF…
Read MoreWeb3 gaming infrastructure startup Lysto raises $12M in a pre-Series A round
Web3 gaming infrastructure startup Lysto has raised $12 million funding. Lysto now plans to expand its focus on global gaming communities by developing tools to enable verified on-chain digital credentials from issuer to gamer. Lysto launched the ‘Proof of Play Protocol’ (PoPP) recently. Lysto, a web3 gaming infrastructure startup based in Bangalore and Singapore, has raised $12 million (roughly Rs 95.3 crore) in a funding round as part of its mission to bring a billion gamers and their credentials onto the blockchain. Square Peg, BEENEXT, Hashed, Tiger Global, and Better…
Read MoreIndia growth outperforms peer markets for data centre operator Equinix
Equinix sees higher growth in India. The company announced $86 million in funds to expand operations in Mumbai. Equinix will focus more on organic growth. Data centre operator Equinix confirmed that its growth in India is significantly higher than the global average. “An elevated growth rate in India is quite likely over the coming years as we expand into new markets and continue to invest in them,” Charles J Meyers, chief executive officer, of Equinix told “India is a fast-growing market for us and one we think will be a…
Read MoreTCS wins digital transformation deal from Five Star Bank
TCS has won the deal with Five Star Bank,a consumer and commercial lending institution serving central and western New York. Five Star Bank will receive AI/ML-driven insights on individual customers that help managers to analyze the performance. The use of AI models helps bank to identify customers who are likely to default or pay off their loans early. Tata Consultancy Services has won the deal with Five Star Bank, a subsidiary of Financial Institutions Inc, to help it in determining lending risks and providing personalized customer experiences. TCS said it…
Read MoreIndustrial AI enterprise Detect Technologies raises $28M in funding
Detect Technologies, an AI-based SaaS startup, has raised US$28 million in a primary and secondary funding round led by Prosus Ventures, with participation from existing investors Accel and Elevation Capital. Other existing investors in the round included Shell Ventures, Bharat Innovation Fund, and Bluehill Capital. The startup was founded in 2013 by Daniel Raj David, Harikrishnan A.S., Tarun Mishra, and Karthik Rajasekaran. Detect Technologies is a cloud-based AI-powered enterprise tech SaaS startup that provides intelligence to industries for mitigating high-consequence risks. The platform has built a large library of AI…
Read MoreAI21 Labs raises $64M to help it compete against OpenAI
AI21 Labs has raised $64 million in funding to compete with OpenAI and other NLP leaders. NLP (Natural Language Processing) competition is heating up. With its GPT-3 model, OpenAI is now regarded as the industry leader, although competitors are gaining traction. AI21 Labs is regarded as one of the most promising candidates by investors. “We completed this round during a period of market uncertainty, which highlights the confidence our investors have in AI21’s vision to change the way people consume and produce information,” said Ori Goshen, Co-Founder and Co-CEO of…
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