The funding round was led by Spark Capital, with additional investments from Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI.
The company has seen its annual recurring revenue (ARR) soar from $1 million to over $35 million in just over a year and has been profitable since Q2 2023.
The AI-powered chatbot, dubbed ‘Store Companion,’ is set to empower Target’s workforce and potentially redefine customer service in the retail sector.
For automakers, VidGen-1 offers substantial advantages in scalability and efficiency compared to traditional non-AI simulations.
The company says its platform delivers agility and risk reduction through a simple, consistent storage offering with an as-a-service experience across on-premises, public cloud, and hosted environments.
Aryaka AI>Perform is available now for early access customers and will be generally available in Q3 2024.
By 2030, Americans over 50 are expected to spend over $200 billion annually on technology products, highlighting their considerable impact on the tech industry.
The AGI market, valued at $2.15 billion in 2022, is projected to reach $27.47 billion by 2030, growing at a CAGR of 37.5% .
The Computed Attributes solution offers several key features, including simplified campaign activation and journey orchestration enablement.
These developments highlight the rapid evolution and expanding impact of AI technologies in transforming business operations and driving innovation.
