Connect with us
European Gaming Congress 2024

Artificial Intelligence

Anyformat raises €520,000 to revolutionize the automation of unstructured data extraction and analysis

Published

on

anyformat-raises-e520,000-to-revolutionize-the-automation-of-unstructured-data-extraction-and-analysis

Anyformat’s €520,000 pre-seed funding round included participation from Spanish investment funds 4Founders Capital and Abac Nest Ventures, along with prominent business angels.The startup offers an innovative SaaS that simplifies and optimizes the analysis of unstructured data without requiring technical expertise. This solution addresses a critical need: 80% of the data companies possess goes unused due to its complexity in access and processing.According to Market Data Forecast, the artificial intelligence market in Europe is expected to grow to USD 414.44 billion by 2029 from USD 87.84 billion in 2024, growing at a CAGR of 36.38% during the forecast period.MADRID, Oct. 8, 2024 /PRNewswire/ — Anyformat, the Spanish startup aiming for a new era of collaboration between humans and artificial intelligence, raised €520,000 in a pre-seed funding round. This round, led by 4Founders Capital, Abac Nest Ventures, and prominent business angels, will allow anyformat to accelerate the development of its generative AI platform, designed to transform how companies manage and analyze unstructured data.

With this cash injection, anyformat establishes itself as a key solution for automating the extraction and analysis of complex data, enabling any user—without technical expertise—to convert large volumes of unstructured information into strategic insights. This marks a crucial step for organizations looking to optimize processes and improve data-driven decision-making.
European countries are establishing legal frameworks and increasing investments in technology at a rapid pace. The market is expected to grow from USD 414.44 billion by 2029 from USD 87.84 billion in 2024. This growth environment, combined with the exponential increase in the generation of unstructured data, reinforces the strategic relevance of anyformat for companies seeking agility and operational efficiency.
Juan Huguet, CEO of anyformat, emphasizes: “Our mission is clear: to enable organizations to embrace hybrid intelligence by allowing AI to do the heavy lifting of extracting and structuring data, so that people can focus on solving strategic and creative problems. With anyformat, companies can access valuable information quickly and effortlessly.”
Anyformat’s platform automates the extraction of information from documents, presentations, and even voice recordings, simplifying tasks that previously required extensive manual effort or advanced technical knowledge. As Alejandro Fernández, COO of anyformat, explains, “Many companies are held back by the challenge of managing unstructured data. With our solution, we make that information immediately available to teams, ready to be integrated into tools like Excel or business intelligence platforms.”
In addition to its focus on usability, anyformat is designed for easy scalability, ensuring seamless integration with existing systems. Diego Pérez, CTO of anyformat, adds: “Our priority is to optimize workflows without compromising data security or privacy. We understand that trust is key, and we ensure that information is handled responsibly and efficiently, allowing organizations to grow sustainably.”
Investors recognize the disruptive potential of anyformat. Joan Pina, partner at Abac Nest Ventures, comments: “At Abac Nest Ventures, we have invested in anyformat because we believe in the founders’ vision and the impact their technology can have on the industry. Turning unstructured data into actionable insights is a growing need, and companies using anyformat are gaining a competitive edge by integrating AI quickly and efficiently into their processes.”
With the new funding, anyformat is gearing up to expand its team and operations, aiming to solidify its presence in Spain and explore opportunities in international markets. “At anyformat, we are committed to transforming unstructured information into a competitive advantage, enabling companies not only to access valuable information but also to use it intelligently for strategic decision-making that drives their growth and success.”
About anyformat
anyformat, is a Spanish generative artificial intelligence startup based in the Google Startups offices in Madrid and Emprenbit in Mallorca, founded in 2024 by Juan Huguet, Diego Pérez, and Alejandro Fernández. It offers a platform that automates the extraction and structuring of information from unstructured data sources, allowing for analysis without the need for technical expertise. Its technology transforms this data into formats ready for integration into business intelligence tools and spreadsheets, reducing processing time from hours to minutes. Its mission is to unlock the value of unstructured data, helping companies make strategic decisions and optimize their workflows. For more information visit https://www.anyformat.ai.
Photo – https://mma.prnewswire.com/media/2524454/Anyformat_Co_Founders.jpgLogo – https://mma.prnewswire.com/media/2524455/Anyformat_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/anyformat-raises-520-000-to-revolutionize-the-automation-of-unstructured-data-extraction-and-analysis-302268795.html

Continue Reading
Advertisement

Artificial Intelligence

Supermicro Introduces New Versatile System Design for AI Delivering Optimization and Flexibility at the Edge

Published

on

supermicro-introduces-new-versatile-system-design-for-ai-delivering-optimization-and-flexibility-at-the-edge

New 3U Server Supports up to 18 GPUs and Features Dual Intel® Xeon® 6900 series processors with P-cores
SAN JOSE, Calif., Oct. 8, 2024 /PRNewswire/ — Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new, versatile, high-density infrastructure platform optimized for AI inferencing at the network edge. As companies seek to embrace complex large language models (LLM) in their daily operations, there is a need for new hardware capable of inferencing high volumes of data in edge locations with minimal latency. Supermicro’s innovative system combines versatility, performance, and thermal efficiency to deliver up to 10 double-width GPUs in a single system capable of running in traditional air-cooled environments.

“Owing to the system’s optimized thermal design, Supermicro can deliver all this performance in a high-density 3U 20 PCIe system with 256 cores that can be deployed in edge data centers,” said Charles Liang, president and CEO of Supermicro. “As the AI market is growing exponentially, customers need a powerful, versatile solution to inference data to run LLM-based applications on-premises, close to where the data is generated. Our new 3U Edge AI system enables them to run innovative solutions with minimal latency.”
For more information, please visit https://www.supermicro.com/en/solutions/edge-ai
The new SYS-322GB-NR includes two powerful Intel® Xeon® 6900 processors with P-cores, 8800 MT/s MRDIMM and up to 20 PCIe 5.0 expansion slots. This Supermicro system supports a variety of single or double-width GPUs, or to use some of the expansion slots for high-performance I/O or other add-on cards. Additionally, the server features up to 6TB of RDIMM memory and up to 14 E1.S or 6 U.2 NVMe drives.
One example use case that this system delivers is in the manufacturing industry, where Supermicro’s new system can be deployed on-site at an automated production environment to process data feeds from cameras and sensors without having to transfer the data to a remote location. This capability reduces networking requirements and improves response times. Another environment where the SYS-322GB-NR will excel is large-scale control rooms, where the AI accelerator cards can be partially replaced by multi-display cards to support up to 64 independent displays.
Supermicro at Mobile World Congress (MWC) Las Vegas
The SYS-322GB-NR will be on display at Supermicro’s booth #518 during MWC Las Vegas, October 8-10. Additionally, Supermicro will display systems that incorporate NVIDIA, AMD and Intel Xeon 6 processors, including X14 family edge and telco systems such as:
SYS-222HE-FTN – the Hyper-E brings data center performance to the telco edge with a dual Intel Xeon 6 processor in a 2U, short-depth form factor with front I/O access
SYS-212B-FN2T – a 2U short-depth system for AI in telco and edge deployments, featuring a single Intel Xeon 6700 series processor with E-cores and GPU support
SYS-E403-14B-FRN2T- a box PC sized, wall-mountable edge device capable of bringing the Intel Xeon 6700 series processor with E-cores and GPU support to remote environments
AS -1115S-FDWTRT – a 1U NEBS compliant system providing Telco performance for ORAN, Core and managed services. This system utilizes the AMD EPYC 8004 Series processor and support of up to 1 single-width GPU accelerator for heavy workloads.
In addition to showcasing Supermicro hardware systems, in partnership with NVIDIA, we will jointly demonstrate inferencing and AI solutions for on-premise and Edge applications including Enterprise AI, Retail, Telco Edge and Financial Services. We will demonstrate key generative AI solutions that include NVIDIA NIM, NVIDIA NeMo, NVIDIA Metropolis, remote management, security, and networking. For Telecom, Supermicro and NVIDIA will be demonstrating a live AI RAN solution using NVIDIA and Supermicro solutions showcasing performance, management and AI use cases.
Also, on display at MWC Las Vegas is the new a joint solution from Supermicro and Intel which combines the ruggedized IP65 Outdoor Edge system with a built-in AI Network Accelerator and Intel® Data Center GPU Flex 170. This solution enables fast and cost-effective deployment of multiple private 5G networks as well as Edge AI applications in a single device. The networks can be used and exploited by different users, offering a scalable solution for dense environments such as industrial and campus sites, venues and smart cities.
 About Super Micro Computer, Inc.
Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).
Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
All other brands, names, and trademarks are the property of their respective owners.
 
 
Photo – https://mma.prnewswire.com/media/2525150/thumbnail_100124_MWC_PR_r02_1080x1080.jpgPhoto – https://mma.prnewswire.com/media/2525149/SYS_322GB_NR_ANGLE_2.jpgPhoto – https://mma.prnewswire.com/media/2525148/SYS_322GB_NR_BACK_fix.jpgLogo – https://mma.prnewswire.com/media/1443241/Supermicro_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/supermicro-introduces-new-versatile-system-design-for-ai-delivering-optimization-and-flexibility-at-the-edge-302269839.html

Continue Reading

Artificial Intelligence

Nfinite Launches SceneMagic AI, a Revolutionary Automated AI Solution for Creating Customizable, Photorealistic Product Images for E-commerce

Published

on

nfinite-launches-scenemagic-ai,-a-revolutionary-automated-ai-solution-for-creating-customizable,-photorealistic-product-images-for-e-commerce

Solution converts basic 2D product packshots into diverse, photorealistic lifestyle images at speed and massive scaleProprietary image creation process able to reduce costs for high fidelity e-commerce visuals by over 95%SAN FRANCISCO, Oct. 8, 2024 /PRNewswire/ — Nfinite, the leader in next-generation product visualization technology for brands and retailers, today unveiled SceneMagic AI, a pioneering AI solution that enables e-commerce giants to access photorealistic product images on a massive scale.

Using a proprietary AI to generate hyper-realistic backgrounds and settings, enhancing the visual appeal of products, SceneMagic AI powers the seamless conversion of basic 2D product packshots into diverse sets of photorealistic lifestyle images that can be tailored to a brand’s unique aesthetic.
“AI is most exciting when it goes beyond being just a technological novelty and addresses real, substantial challenges,” said Alexandre de Vigan, CEO at Nfinite. SceneMagic AI offers a paradigm shift in how brands can showcase their products through tailored visuals without the exorbitant costs and time delays that are typically associated with high-quality visual productions.”
Amidst growing demands for high-quality visual content in e-commerce, a recent Coresight Research report underscores the importance of innovative imaging solutions. The report revealed that 63% of leading U.S. and European retailers are prioritizing enhancements in image quality to mitigate returns, with those adopting new CGI technologies experiencing a 20% increase in conversion rates.
With its massive scalability, SceneMagic AI allows for the swift creation of extensive high-fidelity image catalogs from minimal inputs. Its dynamic content adaptability means visuals can be rapidly updated for seasonal themes or marketing campaigns. Leveraging cutting-edge 3D technology and spatial intelligence, the solution ensures each image is not only realistic but also free from AI-generated errors, all while slashing costs by over 95%.
“With SceneMagic AI, we’re not just meeting market demands—we’re setting new standards for how retailers engage with consumers online, enhancing user experiences while driving tangible business results,” concluded Alex.
For more information on Nfinite and the SceneMagic AI solution, please visit https://www.nfinite.app/genaiAbout Nfinite
Nfinite combines the power of AI, CGI and 3D to offer a unified visual platform for the world’s largest brands and retailers. Nfinite is uniquely designed to connect brands and retailers and unlock complete, consistent and immersive product imagery at scale. The Nfinite Platform helps automate high quality visual content, making it more affordable, adaptable, and faster to create. With Nfinite, companies can deliver endless visual combinations, interactive experiences, and real-time personalized content to their customers worldwide. Visit nfinite.app for more information.
For more information, please visit – https://www.nfinite.app/ 
Photo – https://mma.prnewswire.com/media/2525539/Nfinite_Nfinite_Launches_SceneMagic_AI__a_Revolutionary_Automate.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/nfinite-launches-scenemagic-ai-a-revolutionary-automated-ai-solution-for-creating-customizable-photorealistic-product-images-for-e-commerce-302269994.html

Continue Reading

Artificial Intelligence

Careerminds Acquires Progression To Enhance AI-Driven Career Development Solutions

Published

on

careerminds-acquires-progression-to-enhance-ai-driven-career-development-solutions

NEW YORK , Oct. 8, 2024 /PRNewswire/ — Careerminds, a leading provider of global outplacement and career development solutions, announced today the acquisition of Progression, a London-based SaaS software company. Founded in 2019, Progression has developed an advanced AI platform that enables organizations to establish career frameworks and job architectures. This innovative solution empowers employees to enhance their skill sets, supporting both upskilling and reskilling efforts to help them realize their full career potential.

“Progression joining forces with Careerminds is a perfect fit for realizing our vision of our comprehensive career-development capabilities,” says Raymond Lee, President of Careerminds. “Jonny and Neil have co-founded and built an innovative software platform that reflects our shared commitment to helping organizations provide an end-to-end, career-development solution. Together, we aim to empower individuals to identify their career potential and navigate their pathways to success. Additionally, they have effectively addressed HR’s need for a modern job architecture, incorporating career pathways with a skills taxonomy, AI-embedded tools, and actionable upskilling and reskilling plans that drive engagement and boost employee retention.”
“Careerminds’ success with their career-development coaching platform, combined with Careerminds’ global coaching capabilities, creates a powerful synergy,” said Jonny Burch, Co-Founder and CEO of Progression. “Together, we are poised to make a significant impact in the career-development space.”
About Careerminds
Careerminds was founded in 2008 as a global provider of contemporary outplacement, leadership, and career development solutions. Careerminds combines cutting-edge AI technology with personalized, one-on-one career coaching for all job levels in major markets around the world. Their modern approach allows the company to deliver industry-leading results including job seekers landing new jobs and employees looking to grow and maximize their potential within their careers. For more information, please visit https://www.careerminds.com.
About Progression
Progression, founded in 2019, is a career framework SaaS software company based in the United Kingdom. Progression’s AI powered platform empowers companies to build powerful and scalable career and skill frameworks, their employees to track their own career growth over time and managers to get unique skill-based performance insights. They work with everyone from startups to public companies, with customers with up to 2,500 employees globally. For more information, please visit https://www.progression.co.

View original content:https://www.prnewswire.co.uk/news-releases/careerminds-acquires-progression-to-enhance-ai-driven-career-development-solutions-302268854.html

Continue Reading

Trending