Daily AI Roundup: The 5 Coolest Things on Earth Today

By AIT Staff Writer On Jul 30, 2021

AI Daily Roundup starts today! 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 will cover the role of AI Daily Roundup and its application in various industries and daily lives.

Coralogix Raises $55 Million in Series-C Funding LED by Greenfield Partners

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Israel-based leading provider of machine learning powered log analytics and monitoring solutions, Coralogix announced it has raised $55 million in a Series C funding round led by Greenfield Partners, bringing the company’s total amount raised to $96 million. The company aims to pursue its strategic 5-year growth plan for the India market, whilst assisting companies with regional server support, data storage capabilities and compliance with the country’s data privacy laws.

Dynatrace Extends AIOps Capabilities to Further Support Open-Source Observability

Software intelligence company Dynatrace announced customers can extend Smartscape, the Dynatrace platform’s real-time and continuously updated topology, to bring Dynatrace’s powerful AIOps and analytics capabilities to more open-source services, including OpenTelemetry, FluentD, and Prometheus. This expands Dynatrace’s unique ability to unify observability data and detail dependencies across all entities in dynamic, cloud-native environments. As a result, DevOps and SRE teams can easily curate and analyze data streams from any source, at scale.

Artificial Solutions to Deliver Conversational AI Service to A1 Bulgaria

Artificial Solutions, the leading specialist in Conversational AI (CAI) for the enterprise, announced that A1 Bulgaria has signed a new contract for the Bulgarian market together with Artificial Solutions and its partner Microsoft.

Druva Appoints Industry Veteran Ash Parikh as Chief Marketing Officer

Druva Inc., the leader in Cloud Data Protection and Management, announced the appointment of Ash Parikh as Chief Marketing Officer. With extensive marketing leadership, proven experience building cloud-first businesses, and background in data management, Parikh is set to play a critical role as the company continues to fuel its growth and global expansion. The appointment follows a string of company milestones, including increasing demand for its industry-leading SaaS platform as cloud migration surges, surpassing $2 billion in valuation and its recent recognition as a Visionary on debut in the 2021 Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions.

Fireblocks Solidifies Unicorn Status With $310 Million Series D at $2 Billion Valuation

Fireblocks, the preeminent platform that empowers the entry of traditional institutions into the digital asset space, announced it has raised $310 million in Series D funding. The round is co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X, the venture arm of Thailand’s oldest bank, Siam Commercial Bank, whose investment marks the third global bank to invest in Fireblocks alongside BNY Mellon and SVB Capital. This extension of capital marks a significant milestone for Fireblocks, boosting the company’s valuation to over $2 billion.

Trace3 Adds To Growing List Of Accolades From Partner Microsoft

Trace3 Cloud Solutions Group’s enablement of the advantages of cloud platform adoption for clients in the enterprise space furthers as the group is presented both the 2021 Microsoft US Partner Award in “Migration to Azure” and an advanced specialization in “Modernization of Web Applications to Microsoft Azure” from partner Microsoft.

Shutterstock.AI Launches Data On AWS Data Exchange To Advance Computer Vision Solutions

Shutterstock, Inc. (SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, announced the availability of its data (images, 3D, video and associated metadata) on AWS Data Exchange, a service that makes it easy to find, subscribe to, and use third-party data in the cloud. The announcement follows the launch of Shutterstock.AI, a newly formed subsidiary with insights and data at the heart of its mission.