AI analytics firm Pyramid Analytics secures $50 million from BlackRock


FILE PHOTO: AI (Artificial Intelligence) initials are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world's biggest asset manager.

WHY IT'S IMPORTANT

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Anthropic mocks ChatGPT ads in Super Bowl spot, vows Claude will stay ad-free
Tesla 2.0: What customers think of Model S demise, Optimus robot rise
Vista Equity Partners and Intel to lead investment in AI chip startup SambaNova, sources say
Apple plans to allow external voice-controlled AI chatbots in CarPlay, Bloomberg News reports
Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
US Justice Department casts wide net on Netflix's business practices in merger probe, WSJ reports
Big Tech's quarter in four charts: AI splurge and cloud growth
Nacsa investigating alleged cyber-espionage targeting multiple government bodies
AI trade splinters as investors get more selective
Global chip sales expected to hit $1 trillion this year, industry group says

Others Also Read