AI Squared raises $13.8M to accelerate widespread AI adoption within organizations [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
Roger W. Ferguson, Jr. , former Federal Reserve Vice Chairman and former TIAA President, also invests and joins AI Squared's Board of Directors WASHINGTON April 17, 2024 /PRNewswire/ -- AI Squared , which helps organizations deliver data and AI insights into business applications, is today announcing $13.8 million in Series A funding led by Ansa Capital with participation from existing investors NEA and Ridgeline. As part of the investment, Ansa Capital co-founder and General Partner Allan Jean-Baptiste will join AI Squared's board Roger W. Ferguson Jr. , former Vice Chairman of the Federal Reserve and board member of Alphabet Inc, has also invested and will join the company's Board of Directors. AI Squared will use this funding to expand its team, and further mature its platform helping businesses integrate AI into their workflows. As investments in AI rapidly increase, data science teams in businesses and governments are racing to implement AI models that can extract much more
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