• September 8, 2024

DRUID Nets $30 Million Series B for Conversational AI Automation Platform

DRUID, a Romanian startup focused on enabling businesses to implement conversational AI applications, said it has closed on a Series B round of funding worth $30 million. The company’s platform enables …

UiPath 2Q Revenue Up 19% YoY

In a call for investors and media reviewing its Q2 2024 earnings, UiPath reported it posted a net quarterly profit of $.09 per share, exceeding Wall Street expectations of $.02 per …

Quadient Integrations with Microsoft Azure AI Brings Enables Businesses to Automate Customer Engagement Using AI Tools

Quadient, a Swiss company specializing in automating customer engagement and finance functions for businesses, announced it has integrated its Intelligent Communication Automation platform with Microsoft Azure AI. Quadient said the partnership …

Report: Average Business Will Invest $5.6 Million in Intelligent Automation Tech in 2023

Artificial intelligence as a technology to supercharge process automation is becoming indispensable to executives in a range of industry verticals, according to a new report commissioned by Automation Anywhere. Nearly 90 …

Intelligent Automation a ‘DeepTech’ Must for Indian B2B SaaS Providers

DeepTech is a term being used by some observers to describe the combination of advanced tools that includes artificial intelligence, machine learning and automation, among others, that businesses across a range …

Portkey.ai Nets $3 Million in Seed Funding for Generative AI Apps

Portkey.ai says it has closed on a seed funding round worth $3 million so the firm can ramp up production of its suite of tools enabling businesses to monitor language model …

Gartner Says Generative AI and Process Mining ‘Transformational’ for Sales and Revenue Depts.

Two of the five most exciting technologies powering sales and revenue departments this year are coming from intelligent automation platforms, according to Gartner. The Stamford, Conn.-based IT consultancy publishes its “Hype …

Consensus Cloud Solutions Uses NLP and AI to Automate Unstructured Medical Data Extraction

A Los Angeles-based company said it has launched advanced software leveraging natural language processing (NLP) and artificial intelligence (AI) to enable healthcare organizations to process unstructured data that is part of …