This article is part of a VB Lab Insights series on AI sponsored by Microsoft and Nvidia. Don’t miss additional articles in this series providing new insights, trends and analysis on how AI is transforming organizations and industries. Find them all here.
BMW Group plans to open a new electric vehicle plant in Debrecen, Hungary, in 2025. By the time the factory goes online, the facility’s…
As the demand for generative AI continues to grow, Databricks is doing everything possible to put the technology at the heart of its data lakehouse.
Today, at its annual conference, the data and AI company announced LakehouseIQ, a generative AI tool democratizing access to…
Cyera, a data security company, announced that it has secured a $100 million series B investment led by Accel, with participation from existing investors Sequoia and Cyberstarts. Redpoint Ventures also joined as an investor.
With this latest funding round, Cyera has…
Unity today revealed two new AI-based products for creators to enhance their real-time 3D (RT3D) content. The two products are called Sentis and Muse and are currently available in closed beta, with plans to launch them globally later this year. In addition, Unity also announced it’s launching a dedicated AI marketplace in the Asset Store that offers several other tools for creators.
Sentis is a…
Immuta updates its Data Security Platform for Databricks to strengthen AI workload protection
June 28, 2023
Data security provider Immuta announced significant enhancements to its Data Security Platform for Databricks to empower data teams to leverage Immuta’s platform capabilities. These updates aim to unlock data value, reduce costs, accelerate innovation and maintain robust…
RelationalAI, a Berkeley, California-based artificial intelligence (AI) startup, announced today the release of a product it’s calling an AI “coprocessor” built for Snowflake, the popular cloud data warehouse provider. The coprocessor integrates relational knowledge…
Faros AI, an artificial intelligence (AI) startup focused on software engineering, announced today that it has raised $20 million in series A funding led by Lobby Capital, with participation from SignalFire, Operator Collective, and Salesforce Ventures. The funding will be used to scale Faros AI’s engineering intelligence platform, which aims to give enterprise leaders insights into their…
Hours after teaming up with data cloud provider Snowflake, Nvidia has backed a vendor working to overcome data hurdles associated with medical AI development. NVentures, the venture capital arm of the computing giant, has co-led Minneapolis-based Flywheel’s $54 million…
Can AI help reduce traffic jams? NoTraffic raises $50M to outfit roads with smart sensors
June 27, 2023
NoTraffic, an Israeli traffic management startup, today announced its $50 million series B funding round. The company is on a quest to live up to the promise of its name by outfitting intersections and complex roadways with wireless smart sensors commanded by an AI-driven…
Calling a restaurant? An AI voice may answer now, thanks to these former Spotify data scientists
June 27, 2023
Slang.ai, an AI-powered phone answering product for the restaurant industry founded by two former Spotify data scientists, has successfully closed a $20 million Series A funding round led by Hunter Walk’s and Satya Patel’s venture capital outfit Homebrew, with additional backing from other VCs and celebrity restauranteur Tom Colicchio of Top Chef fame.
The funding will support Slang.ai’s…
