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IDC Forecasts AI Solutions Spend to Hit $120B in the US by 2025

Spending on artificial intelligence in the United States will grow to $120 billion by 2025, representing a compound annual growth rate (CAGR) of 26.0% over the 2021-2025 forecast period. Moreover, all 19 U.S. industries profiled in the latest Worldwide Artificial Intelligence Spending Guide from International Data Corporation (IDC) are forecast to deliver AI spending growth of 20% or more. The
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Databricks Extends Partner Program with Introduction of Brickbuilder Solutions

Databricks, the Data and AI company and pioneer of the data lakehouse paradigm, is increasing its investment in its growing partner ecosystem as more customers adopt the lakehouse. Today, Databricks is announcing the debut of Brickbuilder Solutions: data and AI solutions expertly designed by leading consulting partners to address industry-specific business requirements on the Databricks Lakehouse Platform.
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NIST Calls for Socio-Technical Approach to Challenge AI Biases

AI minds from NIST (National Institute of Standards and Technology) have called for organizations to take a ‘socio-technical’ approach to mitigate bias in AI. In a newly released publication on standards for managing biases in AI, the authors suggest brands should recognize that AI operates in a larger social context — and that purely technically based efforts to solve the
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Forbes Names Landing AI a Top Startup Employer

Landing AI recognized for employee satisfaction, reputation, and growth Landing AI, which provides software that makes building and deploying AI solutions in manufacturing fast and easy, today announced that it has been recognized by Forbes as one of America’s Best Startup Employers 2022. “We are thrilled to be named a Best Startup Employer by Forbes,” said Andrew Ng, Landing AI CEO
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CVEDIA Partners with AI Chipmaker Hailo to Launch Next-Generation Thermal Edge AI Solutions

Hailo, a leading AI (Artificial Intelligence) chipmaker, today announced its partnership with CVEDIA. a leader in edge computer vision software, to launch next-generation thermal edge AI solutions. The joint solutions combine CVEDIA's computer vision expertise alongside its synthetic data technology with the Hailo-8™ AI processor to offer customers high-performance, scalable thermal edge AI solutions
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SentinelOne to Acquire Attivo Networks, Bringing Identity to XDR

SentinelOne (NYSE: S), an autonomous cybersecurity platform company, today announced it has entered into a definitive agreement to acquire Attivo Networks, a leading identity security and lateral movement protection company. With this acquisition, SentinelOne extends its AI-powered prevention, detection, and response capabilities to identity-based threats, setting the standard for XDR and accelerating enterprise zero trust adoption.
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Run:ai Raises $75M in Series C Round to Accelerate AI Adoption Worldwide 

Run:ai, the company simplifying AI infrastructure orchestration and management, today announced that it has raised $75M in Series C round led by Tiger Global Management and Insight Partners, who led the previous Series B round. The round includes the participation of additional existing investors, TLV Partners and S Capital VC, bringing the total funding raised to date to $118M.
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Pentagon Selects Deputy Chief Digital and Artificial Intelligence Officer

The US Department of Defense (DoD) has selected Margaret Palmieri as its Deputy Chief Digital and Artificial Intelligence Officer (CDAO). Palmieri, who brings an extensive background in military operations, strategy, and IT, was most recently serving as Special Assistant to the Vice Chief of Naval Operations and as Director of the Chairman of the Joint Chiefs of Staff Action Group.
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U.K. Experts Debate AI Ethics and Diversity

Leading voices in AI gathered to debate the key issues surrounding AI and how organizations can prepare for and harness it ethically. The event, hosted at Rolls-Royce’s soon-to-be-opened R² Factory in central London, was organized to mark the official launch of AI Strategy for Sales and Marketing by Katie King, author and CEO of AI in Business.
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AI-enabled Smart Glasses Help the Blind and Visually Impaired

Assistive technology company Envision has unveiled its latest version of Smart Glasses to help those with no or low vision see better with the power of AI. Showcased at a recent conference from the California State University Northridge (CSUN), the Smart Glasses uses AI to organize different types of information from visual cues and verbally translates the information to the
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