AI analytics firm Pyramid Analytics secures $50 million from BlackRock

Iulian Moșneagu

Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world's biggest asset manager. WHY IT'S IMPORTANT Companies around the world are racing to integrate artificial intelligence (AI) into their businesses. Startups offering AI services are a bright spot in an otherwise subdued private funding market. The global market for big data and business analytics is projected to reach $665.7 billion by 2033 after being valued