Tag: Amazon Web Services

Instabase, a San Francisco-based platform using AI to extract insights from unstructured data, has secured $45m in Series C funding, doubling its valuation to $2bn. Enterprises use the platform to process documents, automate processes and deploy apps. It is used by four of the top five banks in the US. The funding will be used to increase investment in generative AI. It competes with Google, AWS and Azure.

Broadridge Financial Solutions' subsidiary, LTX, has launched BondGPT, an AI-powered application, to simplify bond selection and portfolio construction processes. Combining GPT-4 with real-time liquidity info, BondGPT provides timely and accurate data to the regulated financial industry, aiming to increase efficiency for hedge funds, Asset Managers and dealers. Broadridge is working towards more intelligent, efficient trading processes, and BondGPT is just the beginning of their products and services. Earlier this year, they migrated their corporate bond e-trading platform to Amazon Web Services to benefit from security and scalability.

Wallaroo.AI has announced the early access to ML Workload Orchestration features in its unified production ML platform. Enterprises can scale their ML workflows efficiently with 40% of their weekly time freed up. The platform now supports data connections across the major cloud data stores and includes automation and scripting features to execute interactive and scheduled workloads. Wallaroo.AI offers an easy-to-use and fully integrated experience, minimizing operational overhead and bottlenecks, ensuring business continuity.

Google signs $75m cloud contract with AI startup Runway, offering millions in service credits. Cloud giant Google is offering credits to get startups spending more on cloud hosting.

This report offers an insight into the Machine Learning industry. It provides reliable, comprehensive data about the current trends, drivers, and opportunities to help businesses and investors make informed decisions. Use this report to maximize your returns and identify new markets, plans, and strategies to grow your business.