Tag: Funding

Elevate, a consumer benefits administration platform, has raised $43M to develop product, hire and acquire customers. Using AI, Elevate quickly processes claims and offers pre-tax benefits, all of which can be accessed via user-friendly mobile/web dashboard. Ideal for pandemic-era needs!

. Sogou founder Wang Xiaochuan has announced the founding of Baichuan Zhineng, an AI venture to provide search engine, education, and healthcare services. They're training a 50-billion-parameter model and targeting disruptive products by 2021. Already funded with $50 million, the startup seeks to expand with 50 team members. Technology, education, and healthcare are about to get an AI, courtesy of the renowned Wang Xiaochuan, founder of tech company Sogou and driving force in China's AI sector.

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Amazon Web Services (AWS) helps accelerate the success of startup companies in the AI domain. The program offers resources, mentoring, and funding to ten startups, who can access up to $300,000 in AWS credits. In-person meetings will also be held, culminating with Demo Day for startups to pitch their products. Join the program to get the resources and access to industry leaders to revolutionize the generative AI industry.

Covariant leverages its AI-powered platform, the Covariant Brain, to make automated robotic picking quicker and easier by recognizing different package sizes, shapes and materials. Its Series C extension drew in over $222 million in funding from various investors, allowing the company to explore different applications for its technology. With this influx of resources, Covariant is sure to revolutionize existing industries in the coming years.