TechTaffy

tech:

taffy

Canadian AI Company Vestec Raises $1.5M

By TechTaffy Desk

Vestec has secured a $1.5 million equity investment from V. Raman Kumar, founder and former CEO of clinical documentation company MModal.

Mr. Kumar has joined Vestec’s board as vice chairman. He will also oversee the development of products and services for the global industry with a special focus on healthcare.

Vestec was founded by a group of Artificial Intelligence (AI) researchers from the University of Waterloo, Canada, under the chairmanship of Dr. Fakhri Karray. Vestec is working on speech technologies using Artificial Intelligence (AI) research. The company is currently developing aText-to-Speech (TTS) engine.

Just in

Around the web

ChatGPT search tool vulnerable to manipulation and deception, tests show — The Guardian

OpenAI’s ChatGPT search tool may be open to manipulation using hidden content, and can return malicious code from websites it searches, a Guardian investigation has found; writes Nick Evershed. 
Public Sector

SAIC secures $170.9M cybersecurity contract with Texas Department of Information Resources

Science Applications International Corp. (SAIC) has been awarded a $170.9 million contract by the Texas Department of Information Resources (DIR) to provide cybersecurity services.
Series A

Infinant raises $15M

Charlotte, NC-based Infinant, a bank platform provider, has raised $15 million in a Series A funding round.
AI

Lockheed Martin partners with IBM to enhance AI tools for defense applications

Lockheed Martin is integrating IBM’s Granite large language models (LLMs) into its AI Factory.
IT

Zettabyte, Foxconn ink data center partnership

Zettabyte, a company specializing in AI data center software and infrastructure, has entered into a partnership with Hon Hai Technology Group (Foxconn).