The latest funding round, Series B, has valued Alembic at $645 million.
The round was led by growth equity firm Prysm Capital and Accenture, with additional investments from WndrCo, an investment firm co-founded by Hollywood executive Jeffrey Katzenberg, and venture capital firm SLW. Alembic leverages AI to analyze data, enabling companies to better align their brand marketing efforts with sales and other business goals. This funding round was previously reported by The Wall Street Journal. WndrCo also participated in Alembic’s Series A round and assisted the company in acquiring clients such as Delta and Mars, according to The Journal’s report.
Alembic Raises $645 Million in Series B Funding Led by Prysm Capital and Accenture
Sports broadcasters worldwide are rapidly adopting artificial intelligence (AI) video analytics to transform live game presentations.
ServiceNow Inc., a leading provider of cloud-based platforms and solutions, has released a strong revenue growth forecast for the upcoming third quarter, indicating robust business momentum and positive reception in the market.
HONG KONG, Nov.
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Marc Andreessen’s 2011 assertion that "software is eating the world" has especially manifested in marketing, culminating recently at the Cannes Lions festival, where tech giants like Amazon, Google, Meta, Microsoft, Netflix, Pinterest, Reddit, Spotify, and Salesforce have overtaken traditional advertising agencies.
Google is eager for you to use its AI to assist with your holiday shopping and has now enabled AI Mode and Gemini to directly link you to products.
In today’s rapidly evolving corporate technology landscape, generative AI (GenAI) tools like ChatGPT and Gemini have become essential to daily operations rather than futuristic concepts.
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