Security News
Clearview AI announced the successful close of a $30 million Series B funding round that now values the company at $130 million. The investment, which includes funds from institutional investors and family offices, will fuel Clearview's continued growth.
S&I Corporation has released "Atxpert AI Viewer", a new AI building security management system based on Microsoft Azure, TnM Tech's Ghost-I AI edge computing and Scenera's NICE PaaS, a managed Kubernetes service built on Microsoft Azure infrastructure. Combining these partners' technologies enables a highly scalable and easy to manage building safety and security management system.
According to ABI Research, ML and AI services are estimated to grow within the IoT domain at a CAGR of nearly 40%, reaching $3.6 billion in 2026. The IoT data analytics market less affected by the pandemic.
The surging number of applications being deployed on the cloud in several industries, rapid improvements being made in the internet of things domain, advancements in numerous smart applications, and growing popularity of AI software are the major factors driving the expansion of the global edge AI software market. The imposition of lockdowns in several countries to mitigate the spread of the COVID-19 infection negatively impacted the operations of many businesses, but positively impacted the growth of the edge AI software market.
For AI to be effective, the technology needs access to data, including sensitive internal documents and customer information. AI technology has limitations that stem from any one of the following: a lack of system resources, insufficient computing power, poorly defined algorithms, poorly implemented algorithms or weak rules and definitions.
Zoho announced its new Business Intelligence Platform - an AI-driven data analytics solution empowering businesses to surface precise and actionable insights through self-service data preparation and augmented analytics. Combining newly launched Zoho DataPrep with an enhanced version of Zoho Analytics, Zoho's end-to-end self-service BI Platform enables organizations to cleanse, unify, and analyse cross-departmental data, obtain an encyclopedic view of the company, and ultimately move toward a more competitive business strategy based on real-time insights.
Juniper Networks announced that CMC Networks is the first Juniper partner to offer a managed AI-driven SD-WAN solution in Africa. By leveraging Juniper's unique Session Smart Router technology driven by Mist AI, CMC is delivering a unique tunnelless solution that is designed for scale and agility, coupled with automated provisioning, management and troubleshooting for maximum uptime, superior performance of real-time traffic and lower operating costs in both rural and urban environments.
The United States will seek global rules on how to prevent misuse of artificial intelligence, Secretary of State Antony Blinken said Tuesday, as he renewed warnings against Russia over hacking. Speaking at a conference on emerging technologies, the top US diplomat voiced alarm that a growing number of authoritarian states led by China are using the internet as well as new technologies to curb dissent and exert greater control.
NICE launched CXone SmartReach following the acquisition of ContactEngine. CXone SmartReach is a comprehensive artificial intelligence powered solution that enables organizations to have proactive, multi-day, asynchronous conversations - interacting with customers through their channels of choice even before they reach out for service.
ISTARI and Prevalent AI announced that ISTARI has become a significant minority shareholder of PAI. PAI was founded in 2017 by industry veterans Paul Stokes, Sir Iain Lobban, Andrew France OBE, and Arun Raj to enable organizations to rapidly ingest, transform and contextualise large, complex and disparate data sources using their Security Data Science Platform and related services, enhancing the ability to identify, protect, detect and respond to cyber risk. ISTARI Chief Executive Officer Rashmy Chatterjee commented, "We are thrilled to welcome PAI to the ISTARI Collective. Fundamentally, we invested in PAI because our clients need a quantifiable perspective to cyber risk that allows them to understand their own posture better. There are also significant collaboration opportunities with the rest of our portfolio. It is a complementary fit."