seed fund

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To date, most organizations in life sciences & health care (LSHC) have only scratched the surface of AI’s potential—primarily using it to automate repetitive tasks and standard business processes. For most organizations, the single most important AI building block is data: getting access to the rich data that AI systems require, and then managing that data in a coordinated way across the enterprise....

DataBank, a Dallas-based provider of enterprise-class edge colocation, interconnection, and managed cloud services, has raised $533 million via a combination of debt and equity to fund the construction of new data centers and meet the fast-growing need for capacity that’s driven by the rise of artificial intelligence applications....