CoreWeave, Fiddler, Lexicon, Stability AI, Weights & Biases and more

It's time for another exciting edition of our newsletter, packed with the latest news and updates from the world of AI and machine learning. In this issue, we bring you some groundbreaking new product announcements, funding rounds and M&A activities that have taken place this week.

From Axle reinventing insurance verification to Weights & Biases introducing a new suite of tools for Prompt Engineers, there's plenty to sink your teeth into.

So let’s dive into the future of AI!

Alteryx Ventures Makes Strategic Investment in Fiddler to Enhance Customers' Machine Learning Operations

Axle raises $4m in seed funding to reinvent insurance verification

Augmentir Secures New Funding Round and Organizational Growth

Capitola Raises $15.6M in Series A Funding to Expand its Digital Marketplace for Commercial Insurance

Cardinality.ai Raises $12.5M in Series B Financing to Expand Market Coverage and Accelerate Growth

CoreWeave secures $221M in Series B funding to expand specialized cloud infrastructure for generative AI and large language model technology

Cowbell introduces MooGPT powered by Generative AI and Proprietary Data

Google Cloud Unveils AI-Enabled Claims Acceleration Suite for Health Insurance Prior Authorization and Claims Processing

Groundlight Emerges from Stealth to Launch Visual Understanding Service for Industrial Automation and Robotics

Koch Disruptive Technologies Leads $20M Series A Funding Round for Volumez's Innovative Cloud Infrastructure Solution

Lexion Raises $20M Series B, Expands AI-Powered Contract Management Solution to Broader User Base

Martini.ai raises $6 million seed round to revolutionize corporate credit monitoring and evaluation using AI

Notable launches Patient AI for personalized healthcare

Portrait Analytics raises $3M to launch generative AI investment research platform

Qdrant secures $7.5M Seed Round for Open-Source Vector Similarity Search Solutions

Social Future raises $6M to build AI-Driven Virtual Social Platform

SoundHound AI secures $100 Million in strategic financing from Atlas Credit Partners

Stability AI announces Stable Diffusion XL beta release for API customers and DreamStudio users

Stability AI Launches Open-Source Language Model StableLM Suite for Commercial and Research Purposes

Trullion Raises $15 Million Led by StepStone Group to Expand AI-Powered Accounting

Trustible raises $1.6M to lead Responsible AI Governance space

Weaviate Raises $50 Million to Develop AI Native Vector Database Technology

Weights & Biases introduces new suite of LLMOps tools, W&B Prompts, to support Prompt Engineers

XFactor.io Acquires DecisionLink to Revolutionize the Go-to-Market Process

YellowBird raises $6.25M in oversubscribed Seed Round