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Corvic AI Lands $12M to Develop Cognitive AI for Enterprises
Corvic AI Lands $12M to Develop Cognitive AI for Enterprises

Martechvibe

time18-04-2025

  • Business
  • Martechvibe

Corvic AI Lands $12M to Develop Cognitive AI for Enterprises

Corvic AI, the company transforming secure and scalable generative AI adoption for enterprises, announced it has raised $12 million in seed funding led by M Ventures and Bosch Ventures, with participation from Foothill Ventures, Lam Capital, LDV Partners, K2 Access Fund and Brian Long (Atlantic Bridge). Corvic AI is enhancing Data-Centric AI Cognitive Infrastructure and transforming proprietary enterprise data into actionable intelligence for high-stakes decision-making. This technology fundamentally reshapes how enterprises leverage complex data in the era of generative AI — producing trustworthy, verifiable intelligence at scale with unmatched depth and precision. Enterprises are rushing to adopt generative AI, but most remain stuck in the prototyping phase — struggling to turn pilot projects into real business impact. The core issue? Enterprise data is complex, and the infrastructure needed to make LLMs work is incredibly difficult to build. As a result, enterprises waste time and resources stitching together incompatible solutions — leading to generative AI applications that hallucinate, fail to scale, and fall short of delivering trustworthy enterprise-grade intelligence. Corvic AI's foundational cognitive infrastructure goes beyond simple retrieval, intelligently orchestrating multi-step advanced analytics to deliver accurate and explainable answers across complex enterprise data. Corvic AI's purpose-built Mixture of Spaces™ (MoS) and Adaptive Chain of Actions™ (ACoA) technologies bridge the gap between siloed proprietary enterprise data and large language models (LLMs), solving a key enterprise AI bottleneck. ALSO READ: AI to Transform Customer Service, Predicts APAC Report Mixture of Spaces (MoS) processes data in its native forms — tabular, relational, text, image, and time series by leveraging inherent signals based on format and structure. This, along with Adaptive Chain of Actions (ACoA), intelligently navigates various data representations ('spaces') with the right tools using Corvic AI's Agentic Function Calling™ (AFC) architecture, enabling dynamic, context-aware insights generation. This approach enhances data fidelity and integration, dramatically increasing the success rate of AI adoption in enterprise settings. With auditability and governance built in, Corvic AI's ACoA ensures its customers can trust AI-powered intelligence in high-stakes environments. This architecture is purpose-built to address today's fragmented AI landscape, where tools such as vector databases, retrieval-augmented generation (RAG), graph AI, and generative models operate in isolation, forcing enterprises to stitch together incompatible solutions. This fragmented approach often produces AI-generated outputs that lack factual grounding, making them unreliable for enterprise use. Corvic AI's Cognitive Infrastructure unifies siloed capabilities into a single, cohesive reasoning system — eliminating inefficiencies, streamlining workflows, and adapting to ever-evolving data environments. Additionally, its plug-and-play integration seamlessly connects with existing enterprise ecosystems, accelerating AI adoption without disrupting current workflows. Co-founded by Farshid Sabet (CEO), Dr. Donald Nguyen (CTO) and Dr. Gurbinder Gill (CPO), Corvic AI draws on over a decade of its founders' experience at Intel, Determined AI, Movidius, Katana Graph, and academia, spanning their expertise in deep learning, graph analytics, distributed machine learning, and enterprise infrastructure to deliver enterprise-grade products. ALSO READ: CallMiner Collaborates With Microsoft To Enhance AI Capabilities 'Enterprise AI remains fragmented — companies struggle to connect and reason across unstructured reports, databases, and dynamic real-world inputs, making it difficult to align institutional knowledge with LLMs and generate reliable results,' said Farshid Sabet, co-founder and CEO of Corvic AI. 'Today, enterprises are forced to stitch together disconnected AI models and tools just to get partial answers, leading to inefficiencies and critical gaps in data pipelines. Instead of reinventing models, we focus on elevating complex, proprietary data into AI-ready data — making it more digestible and actionable for LLMs. Corvic AI is defining the missing layer in enterprise AI: end-to-end AI Cognitive Infrastructure that powers generative AI applications at scale.' 'In today's industrial landscape, the true potential of AI is often bottlenecked by the complexity of enterprise data ecosystems,' said Ilja Aizenberg, principal at M Ventures. 'Real-world AI applications must navigate intricate data landscapes where critical information is dispersed across various formats and modalities — from relational databases to unstructured documents and images.' 'Corvic's AI Cognitive Infrastructure enables structured reasoning and precise intelligence extraction from complex data environments. This approach augments decision-making capabilities and uncovers strategic insights from previously untapped data sources. For industries adopting this advanced AI infrastructure, the potential for significant operational and strategic improvements is substantial.' 'Corvic AI's outstanding performance during the Open Bosch GenAI Challenge 2024 demonstrated both the effectiveness of their solution and a clear understanding of enterprise needs,' said Ingo Ramesohl, managing director at Bosch Ventures. 'We see strong potential in their platform and are looking forward to supporting their growth as they continue to deliver scalable, trustworthy solutions.' Corvic AI's Data-Centric AI Cognitive Infrastructure is already being evaluated and integrated by numerous leading companies across critical sectors, including advanced manufacturing, industrial, financial services and life sciences — where accuracy and reliability are non-negotiable. Enterprises partner with Corvic AI to unlock powerful applications such as domain expert agents, where various RAG approaches fall short, as well as generative business intelligence (BI), automated complex analytical processes, and a range of predictive analytics use cases. ALSO READ: Forethought Launches Voice The Martechvibe team works with a staff of in-house writers and industry experts. View More AICognitive AIFundingGenAI

OpenAI And Andreessen Horowitz Lead $43M Round For Cybersecurity Startup Taking On AI Scammers, Deepfakes, And Voice Spoofs
OpenAI And Andreessen Horowitz Lead $43M Round For Cybersecurity Startup Taking On AI Scammers, Deepfakes, And Voice Spoofs

Yahoo

time12-04-2025

  • Business
  • Yahoo

OpenAI And Andreessen Horowitz Lead $43M Round For Cybersecurity Startup Taking On AI Scammers, Deepfakes, And Voice Spoofs

Adaptive Security, a New York-based cybersecurity firm, has successfully raised $43 million in a Series A funding round. According to Inc., this round was co-led by OpenAI's Startup Fund and venture capital firm Andreessen Horowitz, marking OpenAI's inaugural investment in the cybersecurity sector. Other participants included Abstract Ventures, Eniac Ventures, CrossBeam Ventures, and K5, along with executives from companies such as Alphabet (NASDAQ:GOOG, GOOGL)), Workday (NASDAQ:WDAY), Shopify (NYSE:SHOP), Plaid, and Paxos. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Adaptive Security was founded after its creators recognized the growing threat of AI-enabled cyber attacks. The startup is creating a new AI-native defense platform that will enable enterprises to proactively detect, protect against, and respond to advanced threats, such as deep fake social engineering. The program uses AI to scan and flag fraudulent-looking messages by assigning them risk levels and alerting company security teams. Adaptive Security also preemptively tests employees with simulated phishing attacks via AI-generated emails, text messages, and voice calls, offering personalized training if they fall for the simulated phishing attempts. Brian Long, co-founder and CEO of Adaptive Security, emphasized the company's mission on the startup's official site: 'Adaptive's mission is to protect people from AI-powered cyber attacks. Over the next decade, we will work tirelessly to stay one step ahead of attackers with enhanced features, new products, and scale to every business globally.' Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. This investment is all the more notable as it involves OpenAI, a pioneer in AI research and deployment. This collaboration shows a broader recognition in the industry when it comes to the importance of strong cybersecurity measures, especially since the pace of development around AI increased. Adaptive Security's platform is designed to stay one step ahead of malicious actors who use AI increasingly to carry out sophisticated cyber attacks. Adaptive Security was publicly launched in January and has since signed over 100 customers, TechCrunch wrote. According to Inc., some of the early adopters include Podium, First State Bank, the Dallas Mavericks, and BMC. Word of how well this pilot project went spread, and that was a big factor in attracting OpenAI's attention and subsequent investment. The fresh capital will be used to expand the engineering team, whose goal is to enhance the platform to better defend against new AI-powered cyber is undergoing a paradigm shift with cybercriminals using generative AI to enhance the scale and sophistication of their attacks. Such advanced threats are often beyond traditional security solutions. Adaptive Security's ingenious approach addresses this gap by identifying and handling threats and by strengthening the human element within organizations through specific training and simulations. Having Andreessen Horowitz on board also proves the startup can set a new bar in the cybersecurity sector. Adaptive Security's mission aligns with the venture capital firm's commitment to paving the way for impactful technology portfolio startups. Together, these two forces can drive the development and deployment of the solutions that will protect businesses from the next generation of cyber threats. ​ Read Next:Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article OpenAI And Andreessen Horowitz Lead $43M Round For Cybersecurity Startup Taking On AI Scammers, Deepfakes, And Voice Spoofs originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

New London Turnpike to get improvements for drivers, pedestrians, bicyclists
New London Turnpike to get improvements for drivers, pedestrians, bicyclists

Yahoo

time23-02-2025

  • Business
  • Yahoo

New London Turnpike to get improvements for drivers, pedestrians, bicyclists

Norwich — Stretching from the Norwichtown Green southward into Montville, New London Turnpike transforms from a commercial strip to a scenic, rural road, back to commercial and then runs past landmark institutions. Norwich and Montville officials have been planning for the past 10 years to make major improvements to the 4-mile-long road to provide pedestrians, bicyclists and motorists with a safer route to school, work or recreation spots. A two-pronged project totaling $5.4 million now getting started divides New London Turnpike into two sections, north and south of the busy Route 82-West Main Street intersection in Norwich. A third, separate project calls for Norwich to replace the aging bridge over the Yantic River near the side entrance to the Norwichtown Commons. The new bridge is estimated to cost $6.5 million. Norwich has applied for federal congressional funding for the bridge construction and already has received an $800,000 federal grant to design the bridge, Public Works Director Brian Long said. City officials spent much of last week interviewing five finalist companies that submitted bids for the work. Norwich and Montville are jointly working on a $2.8 million plan to repave 1.4 miles of roadway from Route 82 south to the Route 32 intersection in Norwich. Another $1.4 million will be used to construct 0.8 miles of new sidewalks to replace the narrow, well-worn paths workers heading to Mohegan Sun have created over the years. Existing sidewalks that already run from Route 82 south along residential neighborhoods and in front of CT State Community College, Three Rivers are in good condition, Long said. Improvements would include handicapped access ramps in places. New sidewalks will be added to the Rose Garden Ice Arena, Norwich golf course, Malerba's farm store and into Montville to Route 32, where a traffic light includes crosswalks workers can use to reach Mohegan Sun. The federal Local Transportation Capital Improvements Program grant has been awarded to cover the full construction cost, Long said. The municipalities must cover the cost of necessary rights of way and design work. Norwich will use its voter-approved road improvements bond to cover local match requirements, Long said. Work on the portion of New London Turnpike from West Town Street at the Norwichtown Green to Route 82 is called New London Turnpike North Complete Streets Project. The city has received a $1 million Federal Highway Administration Transportation Alternatives Program (TAP) grant for this portion. The city is responsible for design work and securing rights of way. The Norwich City Council on Monday approved acquisition of two small easements, one at the intersection with Lathrop Avenue near the green and one from the Beth Jacob Synagogue at 400 New London Turnpike, for the project. Sidewalks will run from the West Town Street intersection at the green, past McDonald's restaurant, the entrances to several other businesses, the Norwichtown Commons entrance, across the Yantic River bridge, past Gorin's Furniture and past a complex of medical offices. The road becomes rural after the Asylum Street intersection, so it makes no sense to add sidewalks there, Long said. Instead, the roadway will be striped with bicycle lanes in that area. Sidewalks resume near the John B. Stanton School, running past the school, Beth Jacob Synagogue and All Friends Animal Hospital to the Route 82 intersection. Homes line the street on the opposite side from the school. Existing sidewalks in that area are in good condition but will be improved with handicapped-access ramps. Long said the roadway also is in good condition and does not need repaving, only restriping the pavement to add the bike lanes and define travel lanes, Long said. While the improvements are aimed at accommodating 21st century travelers, New London Turnpike's initial purpose was to assist merchants and travelers trekking between Norwich and New London. City Historian Dale Plummer said the original New London Turnpike — a much narrower and winding roadway — was one of America's first toll roads starting in the 1790s, hence the turnpike designation. The last stretch of toll on the road ended about 100 years later. A narrow, stone wall-lined path still exists across from the Dudley Street intersection just south of the Route 2 overpass, a remnant of the original turnpike. There was a ford across the Yantic behind Backus Hospital, he said. Plummer said Dudley Street and other roads that start and end at the current New London Turnpike could have been part of the original turnpike. 'It was one of the original turnpikes, because of the shipping industry,' Plummer said. 'In winter, Norwich Harbor would be iced in. Being able to bring goods down to New London via the turnpike made a lot of sense.'

MRO Middle East and AIME 2025 Solidify Region's Position as a Global Aerospace Leader
MRO Middle East and AIME 2025 Solidify Region's Position as a Global Aerospace Leader

Hi Dubai

time13-02-2025

  • Business
  • Hi Dubai

MRO Middle East and AIME 2025 Solidify Region's Position as a Global Aerospace Leader

MRO Middle East and Aircraft Interiors Middle East (AIME) 2025 marked a milestone with its largest edition to date, setting new attendance records and showcasing significant industry advancements. The co-located events attracted 8,342 attendees, an 11 percent increase from the previous year, representing over 100 countries. With 268 exhibitors, the events highlighted the latest products and services in the aerospace and aviation sectors. One of the key announcements came from Etihad Engineering, which revealed its ambitious growth plans, aiming to double its revenues from US$270 million in 2023 to US$540 million by 2030. The company also plans to expand its hangar capacity in Abu Dhabi. Additionally, Etihad Engineering and Satair, an Airbus Services company, announced their intention to enter a partnership for an Integrated Material Services (IMS) supply chain solution. The event featured discussions on pivotal topics, including the scaling of Sustainable Aviation Fuel (SAF). Boeing's Brian Long emphasized the importance of building a sustainable SAF ecosystem, with the UAE positioned as a global leader in this development. The panel 'The Future of MRO in the Middle East' explored the region's potential as a global aviation hub, with industry leaders calling for stronger collaboration between airlines, OEMs, and regulators. The 'Next-Gen Cabin Concepts' session highlighted sustainability's role in driving innovation in aircraft interiors. Reflecting on the event's success, Waleed Muhiddin from AMAC Aerospace emphasized the importance of regional conventions in fostering business solutions and engagement. The next edition of MRO Middle East and AIME will take place on February 4-5, 2026. News Source: Emirates News Agency

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