New York City English news | New York City, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

New Delhi, April 12 Market intelligence and search platform AlphaSense, co-founded by Indian-origin Raj Neervannan, on Wednesday said it has raised $100 million in addition to its $225 million Series D financing round at a $1.8 billion valuation through new investments led by CapitalG, Alphabet's independent growth fund.Existing investors, including the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) and Viking Global Investors, also participated in the round.This investment, said the company, will fuel the continued deployment of AlphaSense's advanced AI capabilities, including generative AI that dramatically speeds up the research process for business and financial professionals."This investment will enable us to continue our mission of pushing the boundaries of technology and accelerating our research and development efforts in India, a valuable innovation hub," said Neervannan, Alphasense's CTO and Co-founder.Neervannan has an MBA in finance from The Wharton School in the US, and a BE in computer science from Birla Institute of Technology and Science, Pilani.Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the US, the UK, Finland, Germany, and India."With the support of CapitalG and our existing investors, we are committed to further enhancing our product offerings and driving value for our global customers. This wouldn't be possible without the talent and innovation of our India employees, and I am excited to see this growth continue," he added.AlphaSense has spent a decade building and refining its AI tech stack and amassing data to continuously train its language models, while also building its vast collection of top-tier, trustworthy business content."The AlphaSense platform is really powerful in how it leverages AI to transform and streamline the work of business and finance professionals globally, including investors like ourselves, as well as many happy users at companies like Google, Bank of America, and Merck," said James Luo, Partner at CapitalG.AlphaSense enables leading corporations and financial institutions to uncover valuable insights they can't find anywhere else and make smarter decisions with confidence and speed."With the big leaps we are taking with AI to deliver even more precise data and insights to our customers, I am more excited than ever by our product roadmap and business momentum," said Jack Kokko, CEO and Founder of AlphaSense.AlphaSense acquired Stream, the world's broadest library of expert interview transcripts, in 2021 and Sentieo, a financial intelligence platform, in 2022.na/ksk/Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

New York CityFOLLOW

New york city, Latest News

Washington [US], April 25 : 'Ghostbusters' franchise returns to New York City. The makers have revealed video footage featuring ... ...

Washington [US], April 21 : US discovered six more Chinese spy bases after the FBI busted Chinese 'police station' ... ...

Washington [US], April 19 : One person was killed and five others were injured in a parking garage collapse ... ...

Washington [US], April 18 : Two New York City residents were arrested by the FBI on Monday for allegedly ... ...

By Arul Louis New York, April 18 Washington has cracked down on a Chinese 'police station' and harassment ... ...

By Arul Louis New York, April 13 Former US President Donald Trump is heading back to New York ... ...

Mumbai (Maharashtra) [India], April 12: Vaidehi Mody’s studies in architecture in Mumbai laid the foundation for her curiosity in ... ...

New Delhi, April 12 Market intelligence and search platform AlphaSense, co-founded by Indian-origin Raj Neervannan, on Wednesday said ... ...