Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 4th July 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.

Flywheel Announces $54 Million in Series D Funding led by Novalis LifeSciences and NVentures

Flywheel, the leading medical imaging data and AI platform, announces it has raised $54 million in Series D funding with more to come soon. This latest round of funding was co-led by Novalis LifeSciences LLC and NVentures, NVIDIA’s venture capital arm. Microsoft also participated in the round, along with insiders Invenshure, 8VC, Beringea, Hewlett Packard Enterprise, Intuitive Ventures, iSelect, Gundersen Health System, Seraph, and Great North Ventures. Faegre Drinker Biddle & Reath LLP served as counsel to Flywheel in connection with the financing.

Sixty AI Launches Platform to Declutter Digital Lives & Bring Back Joy

Between overflowing inboxes, daily meetings and countless interruptions, digital communication overload is challenging personal and professional productivity for everyone. In its mission to bring focus, flow and joy back into our busy lives, Sixty AI launched the private beta of its AI-Powered Personal Relationship Management (PRM) platform. Recently backed by 468 Capital in a $3.5 million funding round, Sixty’s free software platform effortlessly manages mundane tasks that often get in the way of what matters most: whether across work, life, family or more.

Cequence Strengthens API Protection Platform with Game-Changing Generative AI

Cequence Security, the leader in API Protection, announced new updates to the Unified API Protection (UAP) platform that strengthen customers’ ability to discover, manage risk and protect APIs. With the latest capabilities, organizations can rapidly deploy API Security Testing with built-in generative AI automation, protect users from online fraud and operationalize security findings with low-code/no-code workflows.

Automation Cynicism Signals Challenges for AI

Torii, creator of the Distributed SaaS Management Platform for IT professionals, announced its newest report, “State of IT Automation: Breakthrough or Buzzkill?,” which reveals that many IT professionals have been burned by the promise of automation largely due to poorly designed tools (44% of respondents) and a lack of education surrounding solutions (64%). But even though only 13% of respondents have found great success with automation, 92% are still championing it within their organizations – a signal that many still see its potential to eliminate mundane work, deliver consistent, error-free results, and streamline operations.

Moloco Welcomes New Investors Into Its Cap Table

Moloco, a leader in operational machine learning (ML) and performance advertising, announced that investors including Fidelity Management & Research Company and Singapore-based global investor, EDBI, have become Moloco shareholders via secondary stock transactions. Fidelity Management & Research Company acquired Moloco shares from Korea Investment Partners (KIP), a Series A investor.

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