Bedrock

Flip AI Launches to Bring the ‘Holy Grail of Observability’ to All Enterprises With $6.5 Million in Seed Funding Led by Factory

Retrieved on: 
Wednesday, November 8, 2023
Cloud, Pentagon, NFL, Intelligence, LLM, Splunk, Innovation, KKR, Neuroscience, National Football League, White House, SVP, Innovative Satellite Technology Demonstration Program, Bedrock, Prometheus, S3, Organization, DevOps, Research, Operational technology, Neon, Special, NLP, OpenSearch, CV, AWS, Data center management, Vserv Digital Services, FMS, ML, EC2, AI, Amazon, Blog, Defense, CPO, Amazon SageMaker, White House Fellows, SAN, Capital, Risk management, Computer data storage, Customer service, Cryptocurrency, New Relic, Factory

Developers and operators spend hours, sometimes days, poring through data and debugging incidents,” said Corey Harrison, co-founder and CEO of Flip AI.

Key Points: 
  • Developers and operators spend hours, sometimes days, poring through data and debugging incidents,” said Corey Harrison, co-founder and CEO of Flip AI.
  • “Our LLM does this heavy lifting in seconds and immediately reduces mean time to detect and remediate critical incidents.
  • which he grew to be the largest consumer facing application in India
    Flip AI Raises Funding from Factory, Morgan Stanley Next Level Fund and GTM Capital
    Today Flip AI also announced $6.5 million in seed funding led by Factory.
  • Read Flip AI’s “Introducing Flip AI” blog: https://www.flip.ai/blog/introducing-flip-ai
    Watch Sunil Mallya’s AWS re:Invent “Train and deploy FMs on Amazon EC2 and Amazon SageMaker, feat.

Dremio Announces Subsurface LIVE in NYC, May 2 – 3

Retrieved on: 
Friday, October 13, 2023
Data Analytics, Data Management, Professional Services, Technology, Software, Park Avenue, Knowledge, AWS, Microsoft, Learning Technology Partners, Heart, Uber, Bloomberg, Movement, CMO, Apache, Bedrock, Arrow, Shell, Apache Iceberg, ETL, Mobile phone, Apple, Spark, TransUnion

Dremio , the easy and open data lakehouse, today announced the dates for Subsurface LIVE, the premier lakehouse event focused on the latest trends and innovations in data analytics and data lakehouse technologies.

Key Points: 
  • Dremio , the easy and open data lakehouse, today announced the dates for Subsurface LIVE, the premier lakehouse event focused on the latest trends and innovations in data analytics and data lakehouse technologies.
  • Subsurface LIVE is a must-attend event for data professionals, engineers, analysts, and data decision-makers across industries and the tech sector looking to unlock the full potential of their data.
  • Dremio is now inviting passionate individuals from the data community to contribute their knowledge and expertise by participating as speakers at Subsurface LIVE.
  • For more information about Subsurface LIVE, please visit: https://www.dremio.com/subsurface/ .

Bedrock Energy Raises $8.5M to Decarbonize Commercial Real Estate with Geothermal Energy

Retrieved on: 
Wednesday, October 11, 2023
Partnership, University of Texas at Austin, Bedrock, Economics, Carbon, Built environment, Education, HVAC, Software, Baker Hughes, Climate Capitalism, Physics, Renewable energy, The Cantos

LOS ANGELES and AUSTIN, Texas, Oct. 11, 2023 /PRNewswire/ -- Bedrock Energy, a technology startup that designs, constructs, and delivers geothermal heating and cooling systems, today announced $8.5M in seed capital. The financing round is led by Wireframe Ventures, with participation from Overture Climate VC, Long Journey Ventures, Cantos, Toba Capital, First Star Ventures, Divergent Capital, and Climate Capital. The funding will accelerate manufacturing and deployment of technologies that improve the economics of all-electric geothermal HVAC systems, thus helping real estate properties achieve Net Zero operations.

Key Points: 
  • The funding will accelerate manufacturing and deployment of technologies that improve the economics of all-electric geothermal HVAC systems, thus helping real estate properties achieve Net Zero operations.
  • Bedrock is developing a novel technology stack that combines autonomous drilling and advanced subsurface modeling to triple the speed and space-efficiency of geothermal projects.
  • These advantages enable geothermal HVAC to fit onto dense, urban locations, with sensors that uniquely validate real-time construction accuracy.
  • Payback periods under five years enable real estate owners and investors to decarbonize large properties with double-digit internal rates of return.

EQS-News: Heliad invests in artificial intelligence business AI21 Labs

Retrieved on: 
Saturday, September 16, 2023
Bedrock, Stanford University, Telecommunications, Mobileye, AAA, NVIDIA, Intel, Reading, ISIN, API, OrCam device, Security (finance), Cryptocurrency, Nvidia, AI

Frankfurt am Main, 12th of September 2023 - Heliad Equity Partners GmbH & Co. KGaA (ISIN: DE000A0L1NN5) invests a low single-digit million amount in the company's Series C funding round.

Key Points: 
  • Frankfurt am Main, 12th of September 2023 - Heliad Equity Partners GmbH & Co. KGaA (ISIN: DE000A0L1NN5) invests a low single-digit million amount in the company's Series C funding round.
  • AI21 Labs was established in 2017 by an experienced group of professionals, steering it to the forefront of the technological landscape.
  • The pay-as-you-go developer platform enables the creation of tailored text-based business applications, leveraging AI21 Labs' proprietary text-generating AI technologies, most notably the advanced Jurassic-2 model.
  • Clients seeking specialized generative AI solutions can integrate with the AI21 Labs platform through dedicated APIs, catering to needs such as summarization, paraphrasing, and grammar and spelling enhancements.

Pan American Energy Corp Announces Results of Lithium-Bearing Exploration Drilling Program at the Horizon Lithium Project

Retrieved on: 
Tuesday, September 12, 2023
Lithium, CSE, Siebert, MRE, FRA, Ministry of Science, ICT and Future Planning, Bedrock, Battery, Diamond, OTC, HL10, Pan-American, ALS, Horizon, Mining

CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion and assay results of its exploratory subsurface drill program, Phase 1 and 2, at its Horizon Lithium Project (“Horizon” or the “Project”) in the Big Smoky Valley, Esmeralda County, Nevada.

Key Points: 
  • CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion and assay results of its exploratory subsurface drill program, Phase 1 and 2, at its Horizon Lithium Project (“Horizon” or the “Project”) in the Big Smoky Valley, Esmeralda County, Nevada.
  • This exploratory drilling program consisted of twenty-one (21) targeted diamond core drill holes on Pan American’s 17,334 acres of lithium-bearing claims and resulted in the discovery of significant lithium mineralization on the project.
  • Deposit Significance: The Horizon Lithium Project sits immediately adjacent to American Battery Technology’s (“ABTC”) Tonopah Flats project, one of the largest known lithium claystone projects in the United States at 15.8 million tonnes of inferred lithium.
  • Future Plans: Pan American will work with RESPEC to use the results from the Phase 1 and 2 programs to develop a MRE.

Persistent Named a Challenger in the 2023 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services

Retrieved on: 
Tuesday, August 22, 2023
Cloud, Monochorionic twins, BSE, Senior, Persistent Systems, Public, NIST Special Publication 800-53, Challenger, Microsoft, Research, Persistent, Security, NSE, Bedrock, Completeness, Publication, Gold, Google Cloud, MAGIC, Magic, Growth, BFSI, Digital, ISV, Magic Quadrant, AWS, CSP, Video game, Management, Gartner, Health care

Persistent's cloud prowess is enriched through its strategic partnerships with hyperscaler cloud providers including AWS, Microsoft, and Google Cloud.

Key Points: 
  • Persistent's cloud prowess is enriched through its strategic partnerships with hyperscaler cloud providers including AWS, Microsoft, and Google Cloud.
  • Nitha Puthran, Senior Vice President – Cloud, Infrastructure and Security, Persistent:
    "We are delighted to be recognized as a Challenger in the Gartner Magic Quadrant for Public Cloud IT Transformation Services.
  • View a complimentary copy of the Magic Quadrant report to learn more about Persistent's strengths and cautions, among other provider offerings, at 2023 Gartner® Magic Quadrant for Public Cloud IT Transformation Services .
  • Source: Gartner, Magic Quadrant for Public Cloud IT Transformation Services, Mark Ray , Craig Lowery , Tobi Bet , Allan Wilkins , Karl Rosander , Tom Sieber ,16th August 2023.

Persistent Named a Challenger in the 2023 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services

Retrieved on: 
Tuesday, August 22, 2023
Cloud, Monochorionic twins, BSE, Senior, Persistent Systems, Public, NIST Special Publication 800-53, Challenger, Microsoft, Research, Persistent, Security, NSE, Bedrock, Completeness, Publication, Gold, Google Cloud, MAGIC, Magic, Growth, BFSI, Digital, ISV, Magic Quadrant, AWS, CSP, Video game, Management, Gartner, Health care

Persistent's cloud prowess is enriched through its strategic partnerships with hyperscaler cloud providers including AWS, Microsoft, and Google Cloud.

Key Points: 
  • Persistent's cloud prowess is enriched through its strategic partnerships with hyperscaler cloud providers including AWS, Microsoft, and Google Cloud.
  • Nitha Puthran, Senior Vice President – Cloud, Infrastructure and Security, Persistent:
    "We are delighted to be recognized as a Challenger in the Gartner Magic Quadrant for Public Cloud IT Transformation Services.
  • View a complimentary copy of the Magic Quadrant report to learn more about Persistent's strengths and cautions, among other provider offerings, at 2023 Gartner® Magic Quadrant for Public Cloud IT Transformation Services .
  • Source: Gartner, Magic Quadrant for Public Cloud IT Transformation Services, Mark Ray , Craig Lowery , Tobi Bet , Allan Wilkins , Karl Rosander , Tom Sieber ,16th August 2023.

Speakers and Award Recipients Announced for Dotmount Communications' AIDCA 2023 Summit

Retrieved on: 
Monday, August 21, 2023
Federal Inland Revenue Service, Executive, Bedrock, Public Investment Fund, South African Industrial Federation, United Nations, International Fund for Agricultural Development, Atlas, Partex Group, Fidelity Bank, Dangote Group, King in Council (Sweden), Investment, United, Growth, Newcastle United F.C., Twon-Brass, Thermal expansion, Kingdom, Role, National Petroleum Council (US), Sustainable development, Economic growth, Conference, Egypt Economic Development Conference, Film industry, Renewable energy, Drug, Creative industries

Abuja, Nigeria--(Newsfile Corp. - August 21, 2023) - According to the organizers, Dotmount Communications, the event is slated for the 26th and 27th of October 2023, at the Transcorp Hilton Hotel Abuja Nigeria.

Key Points: 
  • Abuja, Nigeria--(Newsfile Corp. - August 21, 2023) - According to the organizers, Dotmount Communications, the event is slated for the 26th and 27th of October 2023, at the Transcorp Hilton Hotel Abuja Nigeria.
  • Saudi wealth fund boss Yasir Al-Rumayyan, Prince Artur Eze, Aliko Dangote, others are among the participants.
  • This highly anticipated event will feature distinguished speakers and panelists who will provide invaluable insights into critical sectors of the economy.
  • Notable participants and award recipients include Prince Arthur Eze, a Nigerian businessman who is CEO of Atlas Oranto Petroleum, the largest privately-owned petroleum exploration and production company in Nigeria.

AI21 Labs Named to the 2023 CB Insights GenAI 50 List of Most Innovative Generative AI Startups

Retrieved on: 
Thursday, August 10, 2023
CB Insights, Hallucination, Bedrock, Gen, Entertainment, LLM, Synthetic media, API, Research, Amazon, Drug discovery, Entrepreneurship, AI, R, Fine chemical, Medical device, Mosaic

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- CB Insights today named AI21 Labs to its first annual GenAI 50 ranking, a list of the world's top 50 most innovative companies developing generative AI applications and infrastructure across industries.

Key Points: 
  • NEW YORK, Aug. 10, 2023 /PRNewswire/ -- CB Insights today named AI21 Labs to its first annual GenAI 50 ranking , a list of the world's top 50 most innovative companies developing generative AI applications and infrastructure across industries.
  • "Generative AI has created a paradigm shift in how companies innovate, and our first ever GenAI 50 cohort is leading the way," said Deepashri Varadharajan, Director of AI research at CB Insights.
  • "AI21 Labs is honored to be named among the distinguished generative AI trailblazers on CB Insights' inaugural GenAI 50 list.
  • In July AI21 Labs was named on CB Insights' annual AI 100 list.

Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

Retrieved on: 
Tuesday, August 1, 2023
Bard, Bedrock, Partnership, PEO, CMS, Army, Centers for Medicare & Medicaid Services, DES, RSAF, Defense Information Systems Agency, Communication, United States Department of Defense, Synthetic media, Spacetime, United States Army Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, Bader Al-Dafa, Microsoft, Dynetics, GAAP, CETS, Information technology, DSO, Technical Service Council, Government, Medicare, Amazon, EBITDA, Navy, Engineering, Generative, DISA, Royal Saudi Air Force, Paper, Control, EPS, Missile Defense Agency, Leidos, Computer, Department of Defence, CHGB, Bank, Pharmaceutical industry, Sales, Arms industry, Intelligence, Defense, OpenAI

Revenues for the quarter were $3.84 billion, up 7% compared to the second quarter of 2022.

Key Points: 
  • Revenues for the quarter were $3.84 billion, up 7% compared to the second quarter of 2022.
  • Non-GAAP net income was $252 million for the second quarter, up 15% year-over-year, and non-GAAP diluted EPS for the quarter was $1.80, up 13% year-over-year.
  • Days Sales Outstanding (DSO) for the quarter was 59, a 3-day improvement from the first quarter of 2023.
  • In addition, Leidos returned $50 million to shareholders in the second quarter as part of its regular quarterly cash dividend program.