Latest news with #datascience
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer Defends Fair Isaac After 6% Dip Driven by Regulatory Headwinds
Fair Isaac Corporation (NYSE:FICO) is one of the stocks that Jim Cramer spoke about. Cramer mentioned that the stock's sell-off 'seemed wrong' to him, as he remarked: 'What the heck just happened to FICO, the predictive analytics and data science company, best known as the keeper of the FICO credit score. A company that we've liked for a very long time, we love their business model. Historically, this has been one of the best-performing stocks in the past 20 years, but lately it's come under attack by the new director of the Federal Housing Finance Agency, who's called FICO a monopoly. Photo by Adam Nowakowski on Unsplash Fair Isaac (NYSE:FICO) provides software and analytics tools that support automated decision-making across credit scoring, fraud detection, and customer management. While we acknowledge the potential of FICO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Zawya
01-08-2025
- Business
- Zawya
AI startup Anaconda valued at $1.5bln in Series C funding
Anaconda, a provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round, valuing the startup at about $1.5 billion. The round was led by Insight Partners, with additional participation from Abu Dhabi's Mubadala Capital. The company said on Thursday the fresh capital will support product development, potential acquisitions and international expansion, as well as provide liquidity for employees. The funding comes amid increased competition in the enterprise AI software sector, with Python continuing to dominate as the programming language of choice for AI development. U.S. startup funding has surged 75.6% in the first half of 2025, led by the AI boom, putting it on track for its second-best year ever, even as venture capital firms struggled to raise money, according to PitchBook. This year's boom has been driven largely by major AI investments and bold bets from big tech companies, a wave of activity set off by the debut of ChatGPT in late 2022. In the past three months alone, $69.9 billion was invested in U.S. startups. Anaconda operates profitably with over $150 million in annual recurring revenue as of July 2025, Co-President and Chief Commercial Officer Jane Kim said in an emailed statement. The company is seeking to capitalize on growing enterprise demand for open-source tools as organizations shift from isolated data science projects to broader AI applications. The startup has also expanded its leadership team, hiring executives with backgrounds in enterprise technology and product innovation. The funding follows Anaconda's launch of a new AI platform and a partnership with Databricks.
CNA
31-07-2025
- Business
- CNA
AI startup Anaconda valued at $1.5 billion in Series C funding
Anaconda, a provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round, valuing the startup at about $1.5 billion. The round was led by Insight Partners, with additional participation from Abu Dhabi's Mubadala Capital. The company said on Thursday the fresh capital will support product development, potential acquisitions and international expansion, as well as provide liquidity for employees. The funding comes amid increased competition in the enterprise AI software sector, with Python continuing to dominate as the programming language of choice for AI development. U.S. startup funding has surged 75.6 per cent in the first half of 2025, led by the AI boom, putting it on track for its second-best year ever, even as venture capital firms struggled to raise money, according to PitchBook. This year's boom has been driven largely by major AI investments and bold bets from big tech companies, a wave of activity set off by the debut of ChatGPT in late 2022. In the past three months alone, $69.9 billion was invested in U.S. startups. Anaconda operates profitably with over $150 million in annual recurring revenue as of July 2025, Co-President and Chief Commercial Officer Jane Kim said in an emailed statement. The company is seeking to capitalize on growing enterprise demand for open-source tools as organizations shift from isolated data science projects to broader AI applications. The startup has also expanded its leadership team, hiring executives with backgrounds in enterprise technology and product innovation. The funding follows Anaconda's launch of a new AI platform and a partnership with Databricks.
Yahoo
31-07-2025
- Business
- Yahoo
AI startup Anaconda raises $150 million in Series C funding led by Insight Partners
(Reuters) -Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi's Mubadala Capital. The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter. The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees. The funding comes amid increased competition in the enterprise AI software sector, with Python continuing to dominate as the programming language of choice for AI development. U.S. startup funding has surged 75.6% in the first half of 2025, led by the AI boom, putting it on track for its second-best year ever, even as venture capital firms struggled to raise money, according to PitchBook. This year's boom has been driven largely by major AI investments and bold bets from big tech companies, a wave of activity set off by the debut of ChatGPT in late 2022. In the past three months alone, $69.9 billion was invested in U.S. startups. Anaconda did not immediately respond to a Reuters request for comment regarding the valuation. The company is seeking to capitalize on growing enterprise demand for open-source tools as organizations shift from isolated data science projects to broader AI applications. The startup has also expanded its leadership team, hiring executives with backgrounds in enterprise technology and product innovation. The funding follows Anaconda's launch of a new AI platform and a partnership with Databricks.
CNA
31-07-2025
- Business
- CNA
AI startup Anaconda raises $150 million in Series C funding led by Insight Partners
Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi's Mubadala Capital. The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter. The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees. The funding comes amid increased competition in the enterprise AI software sector, with Python continuing to dominate as the programming language of choice for AI development. U.S. startup funding has surged 75.6 per cent in the first half of 2025, led by the AI boom, putting it on track for its second-best year ever, even as venture capital firms struggled to raise money, according to PitchBook. This year's boom has been driven largely by major AI investments and bold bets from big tech companies, a wave of activity set off by the debut of ChatGPT in late 2022. In the past three months alone, $69.9 billion was invested in U.S. startups. Anaconda did not immediately respond to a Reuters request for comment regarding the valuation. The company is seeking to capitalize on growing enterprise demand for open-source tools as organizations shift from isolated data science projects to broader AI applications. The startup has also expanded its leadership team, hiring executives with backgrounds in enterprise technology and product innovation.
