Speaking Saturday at the UN Summit of the Future, Google CEO Sundar Pichai described AI as “the most transformative technology yet” and announced a new fund for AI education and training around the world. Pichai pointed to four broad opportunities he sees for AI and sustainable development, according to a transcript of his prepared remarks […]
CloudPay, a payroll services provider, lands $120M in new funding
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling […]
Andrew Ng plans to raise $120M for next AI Fund
AI bigshot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of $ 120 million for its second tranche. A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $ […]