News & Press
Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates
Discover the latest AI, machine learning, and automation news. This roundup highlights updates from companies like Dropit, Deepset, Clarivate, Shutterstock, and Kognitos.
This is our AI Daily Roundup. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.
Dropit, a retail technology company that layers AI into existing fulfillment systems for a smarter retail ecosystem, introduced Smart Returns, an AI-powered solution to simplify returns management. Smart Returns seamlessly integrates with retailers’ existing systems and uses real-time data to determine the most efficient return location for each item, enabling retailers to maximize the value of every return.
deepset.ai – the enterprise platform for building applications with LLMs – has raised $30 million in funding led by Balderton Capital. The round also included participation from existing investors GV (Google Ventures), and Harpoon Ventures.
Clarivate a global leader in connecting people and organizations to intelligence they can trust to transform their world launched its new enhanced search platform leveraging generative artificial intelligence (GenAI).
Shutterstock, a leading global creative platform offering high-quality content and full-service creative workflow solutions for transformative brands, digital media and marketing companies, today announced its intent to sign three distinct collaboration deals with Luma Labs AI, RECON Labs and Volinga AI, leading startup innovators in emerging neural radiance fields (NeRF) technology.
Kognitos, the trailblazer in generative AI for business automation, has unveiled its latest updates to its generative AI automation platform which now enables business users to plan, verify, run and maintain business process automations all in natural language.