Pactum’s artificial intelligence-based system renegotiates long-tail vendor contracts to yield better outcomes for both sides. MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Pactum, an AI-based platform that enables global companies to automate personalized commercial negotiations on a massive scale, today announced that Walmart Inc. (NYSE: WMT) has engaged Pactum to automate negotiations with part of its global supplier network. […]

BOSTON & PITTSBURGH–(BUSINESS WIRE)–TA Associates, a leading global growth private equity firm, today announced that it has completed a strategic growth investment to join Basil Technology Partners (“Basil”) as an investor in Accion Labs (“Accion”), a digital-focused software product engineering company specializing in emerging technologies. Financial terms of the transaction were not disclosed. Founded in […]

Edge AI leader works towards democratizing AI through building the Edge AI Net PHILADELPHIA–(BUSINESS WIRE)–The Business Intelligence Group today announced that Kneron was named a winner in its Artificial Intelligence Excellence Awards program. Kneron is a leading on-device edge artificial intelligence (AI) company based in San Diego, California. Kneron provides complete end-to-end integrated hardware and […]

Millennials Still Worried but Boomers Show Greatest Shift in Shopping Behavior Women Show Significant Behavioral Shifts; More Men Are Stockpiling and Cutting Back on Spending than Women PITTSBURGH–(BUSINESS WIRE)–As Coronavirus spreads nationwide, a recent survey by First Insight found that news of the virus is impacting the shopping behavior of 75 percent of respondents, up […]

Already the Biggest Market Maker at the NYSE and Largest Wholesale Market Maker of OTC Securities – Acquisition Furthers GTS’s Vision for Being Trading Partner of Choice NEW YORK–(BUSINESS WIRE)–GTS, a leading electronic market maker across global financial instruments, today announced the completion of its acquisition of Barclays’ equities automated options trading unit. As part […]

Spot’s unique new product, Cloud Analyzer uses proprietary machine learning and automation to connect visibility with automated management of cloud infrastructure to scale usage, save money and reduce strain on CloudOps teams Spot currently helps more than 800 companies in over 50 countries – including Intel, Ticketmaster and Duolingo – reduce cloud costs by up […]

MUMBAI, India–(BUSINESS WIRE)–Retail analytics and pricing intelligence leader Intelligence Node today announced it was honored by the Aegis School of Business, Data Science, Cyber Security and Telecommunication with the Aegis Graham Bell Innovation in Data Science Award. The award is designed to promote technology innovation and reward exceptional contributions by innovators. Intelligence Node was recognized […]

CAMPBELL, Calif.–(BUSINESS WIRE)–#AI—WekaIO™ (Weka), the innovation leader in high-performance, scalable file storage for data-intensive applications, today announced that The Business Intelligence Group has named Weka a winner in its Artificial Intelligence Excellence Awards program. The Weka File System (WekaFS™), Weka’s flagship product that is uniquely built to solve big problems, delivers the industry’s best performance […]

Biopharma and technology investing expert to support Recursion’s strategic finance initiatives as it builds the leading digital biology company SALT LAKE CITY–(BUSINESS WIRE)–#biotech—Recursion, a digital biology company industrializing drug discovery, today announced the appointment of Michael Secora, Ph.D., as its Chief Financial Officer, focused primarily on the company’s fundraising and strategic finance events and leveraging […]

Unravel supports Cloudera Data Platform in the public cloud, on-premises and in hybrid environments, continuing Unravel’s mission to simplify and optimize modern data applications wherever they exist PALO ALTO, Calif.–(BUSINESS WIRE)–Unravel Data, the only data operations platform providing full-stack visibility and AI-powered recommendations to drive more reliable performance in modern data applications, today announced that […]