Artificial intelligence Archives

11 Jan

Starfetch AI is here with their extensive Actively Managed Certificates (AMCs)

The News Horizon0 CommentsBusinessActively Managed Certificates, Artificial intelligence, financial industry, fintech expert, Fintech Firm, Starfetch, Starfetch AI, STARFETCH AI AMC, STARFETCH's AI-based AMC

Starfetch AI has returned to the market with exciting news. It recently made available its proprietary AMC (Actively managed certificate). Actively Managed Certificates are securities that can be sold to the general public with a minimum subscription of 1,000 Euros or to professional investors with no minimum restrictions. An AMC is therefore as versatile as a hedge fund, has more distribution and passporting options than an AIF, and can be started in four weeks at a fraction of the cost. It's no surprise that Actively Managed Certificates have grown in popularity in the financial business in recent years. With this…

15 Sep

Backed by Prolific Investors, Ripik AI Grows to Newer Geographies

The News Horizon0 CommentsBusinessAI startup, Artificial intelligence, Pinak Dattaray, Ripik, Ripik AI, software for manufacturing process industries

Ripik is an enterprise AI startup building software for manufacturing process industries that reduces costs, improves productivity, and drives sustainability, and transforms how people are operating factories today. The founding team has deep expertise and several years of experience in driving AI transformation in manufacturing. Ripik’s technology team comprises top rankers and coders with backgrounds from the IITs, MIT, Google, and others. Its unique and proprietary products leveraging next-gen technologies such as computer vision, and artificial intelligence-led algorithmic allocation of resources amongst others accrue significant EBITDA jumps for manufacturing or industrial companies within a few months of deployment. Currently, it…

08 Dec

Cybersecurity Start-up CloudSEK raises $7 Million in Series A Funding to Accelerate Global Expansion

The News Horizon0 CommentsBusinessAI-driven Digital Risk Management Enterprise, Artificial intelligence, CloudSEK, CloudSEK XVigil, cybersecurity, cybersecurity expert Rahul Sasi, Cybersecurity Start-up CloudSEK, digital risk monitoring platform XVigil, Machine Learning, Singapore headquartered CloudSEK

Bengaluru (Karnataka) [India]: 8th December 2021: CloudSEK, a global leader in cybersecurity, which leverages AI (Artificial Intelligence) and Machine Learning (ML) to combat cyber threats, has raised $7 million (~INR 50 Cr) in its Series A investment led by MassMutual Ventures. This brings the total investment in CloudSEK to ~$10 M. Predicting Cyber Threats Singapore headquartered CloudSEK was founded in 2015, by cybersecurity expert Rahul Sasi, with the aim to construct a future where intelligent machines can emulate human cognition to predict cyber threats even before they occur. “Humans can accurately predict rain with the help of data sources and…

30 Nov

Kochi-based Recruitment Automation Start-up, Zappyhire, Raises INR 3.71 Cr. in Seed Round Funding

The News Horizon0 CommentsBusinessArtificial intelligence, Deepu Xavier, intelligent recruitment platform, Jyothis KS, Kerala Angel Network, Mr. Alex K. Babu, Recruitment Automation Start-up, Technology-based recruiting solutions, Zappyhire

Kochi (Kerala) [India], 30th Nov, 2021: Zappyhire, an intelligent recruitment platform that helps enterprises screen, engage, and hire the best talent faster using Artificial Intelligence, has raised INR 3.71 crore from the Kerala Angel Network and from Mr. Alex K. Babu, Founder, and CMD, Hedge Finance Limited. The round also witnessed the participation of strategic investors such as Shihab Muhammed, Ex-Co-Founder of Freshservice (Freshdesk), Mr. Navas Meeran, Chairman, Eastern Condiments Pvt. Ltd., Dr. M. I. Sahadulla, Rajesh Nair - Associate Partner EY, Chairman & Managing Director, KIMS, and Mr. K. Paul Thomas, Founder of ESAF Group of Social Enterprises. “We…

23 Nov

Haber furthers AI for industrial sustainability with USD $20 million from Series B

The News Horizon0 CommentsBusinessAI for industrial sustainability, Artificial intelligence, automate the dosing of chemicals, eLIXA, Haber, Haber’s unique solution, India based Haber, intuitive dashboards, Pune, real-time testing, robotic sampling, statistical model-driven data analysis, Vipin Raghavan

Pune (Maharashtra), 23rd Nov 2021: India based Haber has just closed its Series B taking its total funding raised to date to $27 million. Haber develops AI-driven industrial robots which automate the tedious manual process of sample collection, measurement, analysis and intervention at factories. Currently, the majority of industrial activities, though driven by machines, require intense manual monitoring and is dependent on scarcely available human experts. As industry scales to meet growing demand, this further accentuates the problem leaving industries at the mercy of few skilled experts. If interventions are not done on time it affects productivity and quality and…

25 Mar

Researchers devise digital method to process Sanskrit texts

The News Horizon0 CommentsEducation, TechAI, Artificial intelligence, Computational processing, Digital resources, IIT Kharagpur, Indian Institute of Technology, languages, linguistics, regional languages, Sanskrit

New Delhi: While various digital resources have improved the accessibility and use of world languages and even regional languages, Sanskrit presents unique challenges in automated computational processing. In addition to the sheer volume and diversity, both stylistic and chronological, found in these texts, the linguistic peculiarities expressed by the language, pose several challenges in making these works accessible to the world. Researchers at the Indian Institute of Technology (IIT) Kharagpur are making Sanskrit accessible with their Artificial Intelligence (AI)-based system for processing Sanskrit texts. Researchers led by Dr Pawan Goyal have developed a digital infrastructure for the efficient processing of…

23 Mar

Eco-friendly scooter for last mile delivery and personal commute

The News Horizon0 CommentsAutoArtificial intelligence, Connected Vehicles, IIT Delhi, IOT, Mobility, S&T, Smart Vehicles

New Delhi: Rising pollution and increase in prices of petrol and diesel have prompted the manufacturers to develop eco-friendly and better fuel-efficient vehicles. Working in this direction, the electric scooter 'Hope' has been launched by Gelios Mobility, an Indian Institute of Technology (IIT), Delhi, incubated start-up. With a running cost of around 20 paisa per kilometre this scooter is found to be best suited for the last mile delivery and personal commute. HOPE comes with a portable charger and a portable Li-ion battery that can be charged through a normal domestic socket found in homes, eliminating the requirement of a…

02 Mar

“Data and Artificial Intelligence are growing sectors among new job clusters”

The News Horizon0 CommentsScience, TechArtificial intelligence, Data Science, IBM India, IBM Research India

New Delhi: Data and artificial intelligence are the fastest growing clusters and these sectors need to be included in schools, colleges, and university curricula, said Director IBM Research India, and CTO, IBM India and South Asia, Dr. Gargi B Dasgupta. She was discussing the jobs that would stay for the next ten years, at a special lecture on National Science Day (NSD) on the theme ‘Future of STI: Impacts on Education, Skills and Work’. She spoke about the future of jobs and the urgency of science, highlighting the recent study by the World Economic Forum (WEF) on the new emerging…