Tag: Generative AI
AU10TIX Global Identity Fraud Report finds elevated social media attacks ahead of U.S. elections
October 31, 2024SSN Staff
LAS VEGAS –AU10TIX has released its Q3 2024 Global Identity Fraud Report at Money 20/20 USA in Las Vegas.
Drawing insights from millions of transactions processed around the globe from July to September 2024, AU10tix’s report found significant trends in large-scale organized identity fraud. Data found that in this quarter, automated bot attacks targeting social media platforms surged in the lead-up to the US presidential election, with the sector accounting for 28% of all attacks in...
Brinks announces partnership success with Cresta
August 16, 2024SSN Staff
DALLAS – Brinks Home has announced some early success in its partnership with Cresta, the end-to-end generative AI platform for contact centers.
Through integrating Cresta tools across its various contact center solutions, Brinks Home is seeing reduced calls driven by reductions in transfers, 92% first-call resolution (FCR), improved Net Promoter Score (NPS), and early improvements in lead-to-sale conversions.
Cresta provides Brinks Home with proactive knowledge about why customers are...
Cohesity adds new enhancements to data cloud
July 30, 2024SSN Staff
SAN JOSE, Calif. — Cohesity has extended its first-mover advantage in GenAI detection and recovery capabilities with the addition of new enhancements to the Cohesity Data Cloud.
These improvements allow customers to use Cohesity’s built-in AI capabilities to detect, investigate, and address potential threats within their environment, enabling them to restore operations more quickly. New enhancements to Cohesity’s threat detection, data security posture, and cyber recovery assistant...
Lumeo unveils generative AI search and training-free video analytics
July 11, 2024SSN Staff
OAKLAND, Calif.—Video analytics provider Lumeo has announced the launch of new generative AI capabilities.
These enable users to extract advanced insights from video and search through their footage effortlessly, saving time and unlocking new use cases while optimizing costs. With the exponential growth of video content across various industries, the ability to efficiently analyze and derive insights from this data is crucial.
Lumeo's new AI search capability marks a significant milestone,...
Axelera AI raises $68 million Series B funding
June 27, 2024SSN Staff
SILICON VALLEY, Calif. and EINDHOVEN, Netherlands — Axelera AI, a provider of purpose-built artificial intelligence (AI) hardware acceleration technology for generative AI and computer vision inference, has announced its successful close of an oversubscribed $68 million Series B financing round.
This latest round brings the total amount raised to $120 million. Axelera AI has spent the past three years building a team of 180+ employees (including 55+ PhD’s with more than 40,000 citations...
1Password releases annual security report
April 4, 2024SSN Staff
TORONTO – 1Password has released its annual State of Enterprise Security report, Balancing act: Security and productivity in the age of AI.
Based on a survey of 1,500 North American workers, including 500 IT security professionals, the report reveals how disruptive technologies like artificial intelligence (AI) are heightening the longstanding tension between organizational security and employee productivity.
“Since the pandemic, employees have gained unprecedented flexibility in...
Elevate Security named to top 40 intelligent application list
October 1, 2023SSN Staff
SAN FRANCISCO – Elevate Security’s name has been added to the 2023 Intelligent Applications Top 40 (#IA40) list.
This industry-driven list (sponsored by Madrona Ventures, Microsoft, AWS for Startups, McKinsey, and PitchBook) identifies top companies at different stages of growth that are building applications with AI and GenAI. For the 2023 IA40 list, Madrona said it solicited the top venture investors in AI for nominations of the private companies they believe will transform and define...
Nexusflow AI company raises $10.6 million seed funding
September 30, 2023SSN Staff
PALO ALTO, Calif. – Nexusflow, a Generative AI leader targeting the cybersecurity industry, announced That it’s raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley.
The company was founded by AI experts Professor Jiantao Jiao and Professor Kurt Keutzer from the Berkeley AI Research (BAIR) Lab, along with industry AI leader Jian Zhang. Zhang received his Ph.D. from the Stanford AI Lab and served as...