TechTaffy

tech:

taffy

Premise Raises $11M

By TechTaffy Desk

Premise has raised $11 million in a Series B round. The investment was led by Social+Capital Partnership. Existing investors Harrison Metal, Google Ventures, and Bowery Capital also participated in the investment. Premise software and mobile infrastructure collects millions of discrete data points daily to help its clients navigate economic events like global inflation or food security.

[Image courtesy: Premise]

Just in

AI

OpenAI introduces GPT-4o: A free multimodal AI model for real-time audio, vision, and text

OpenAI has announced the release of GPT-4o, a new flagship AI model that can process and generate a combination of text, audio, and images in real-time.
Industry

Microsoft plans to invest $4B in France

Microsoft announced its largest investment in France, a $4.3 billion (€4 billion) package designed to accelerate the adoption of artificial intelligence (AI) and cloud technologies in the country.
Industry

Microsoft to build $3.3B data center in Wisconsin

Microsoft announced a $3.3 billion investment package in Southeast Wisconsin. The investment, to be rolled out by the end of 2026, includes the development of a datacenter campus in Mount Pleasant.
Public Sector

Leidos awarded $206M NGA contract for geospatial processing modernization

Leidos has been awarded a contract by the National Geospatial-Intelligence Agency's (NGA) Exploitation Services Program to sustain and modernize geospatial processing.
AI

Infosys, ServiceNow ink generative AI collaboration

Infosys and ServiceNow have inked a collaboration to develop generative AI-powered industry solutions.