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Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 17th May 2023

This is our AI Daily Roundup . We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI)Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.

Boomi Changes the Integration and Automation Game With Boomi AI

Boomi, the intelligent connectivity and automation leader, announced Boomi AI – a first-of-its-kind, simplified user experience that harnesses generative AI to connect and integrate applications, data, processes, people, and things across organizations – creating business outcomes faster than ever before.

BigPanda Names Sun Lee Chief Marketing Officer

BigPanda, Inc., the leader in Incident Intelligence and Automation powered by AIOps, announced it has named Sun Lee chief marketing officer, reporting to co-founder and chief executive officer Assaf Resnick. Lee was most recently chief marketing officer at the decision intelligence company Sisu and will lead BigPanda’s marketing efforts as the company builds on its impressive growth trajectory.

“Sun’s experience executing innovative marketing plans across technology companies of varying sizes combined with her fresh perspective has the entire company extremely excited,” Resnick said. “Her creativity and astute grasp of what drives successful marketing programs are exactly what we need to bring BigPanda to the next level. She’s also an excellent fit with the culture we have built, and I can’t wait to see her work her marketing magic first-hand.”

Parablu to Deliver Microsoft Azure-Hosted Cybersecurity and Data Resiliency SaaS Solutions

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Parablu, a global provider of SaaS-based data protection and management solutions for endpoints, on-premises, and cloud environments, announced a multi-year agreement with Microsoft that integrates engineering, go-to-market activities, and co-selling of Parablu’s BluVault and the Ransomware Defense Suite Software-as-a-Service (SaaS) offerings.

Guardforce AI Announces Closing of Underwritten Public Offering and Exercise of Full Over-Allotment Option

Guardforce AI Co., Limited, an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), announced the closing of its underwritten public offering of 2,580,600 ordinary shares, par value $0.12 per share (the “Ordinary Shares”) at a public offering price of $4.65 per share (the “Offering”). The underwriters exercised their over-allotment option in full for an additional 387,090 ordinary shares at the time of the closing of the Offering. As a result, the aggregate gross proceeds of the Offering, including the over-allotment, are approximately $13.8 million, prior to deducting underwriting discounts and other Offering expenses.

Hippocratic AI Launches With $50 Million Seed Round Co-Led by General Catalyst and Andreessen Horowitz to Build Safety-Focused Large Language Model for Healthcare

Hippocratic AI launched out of stealth to announce the industry’s first safety-focused Large Language Model (LLM) designed specifically for healthcare, as well as a $50 Million seed round co-led by General Catalyst and Andreessen Horowitz.

Large language models (LLMs) and Foundation Models (FMs) like ChatGPT and GPT-4 have surprised the world with their abilities. While researchers have shown that these AI models can pass the USMLE (US Medical Licensing Exam), no company has built a commercial model specifically tuned for healthcare applications. Hippocratic AI is building the first LLM for Healthcare with an initial focus on non-diagnostic, patient-facing applications. This will allow the company to ensure patient safety while improving healthcare access and outcomes.

[To share your insights with us, please write to sghosh@martechseries.com]

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