Next-gen procurement platform Levelpath nabs $55M
Levelpath, the AI-powered procurement platform, has secured $55 million in Series B funding to enhance its mission of revolutionizing enterprise procurement with cutting-edge technology and automation.
#AIProcurement #TechFunding #ProcurementInnovation
https://skyscrapers.today/next-gen-procurement-platform-levelpath-nabs-55m/
#AI #AIProcurement: "On September 14, 2023, EPIC published its first in-depth look into state AI procurement: Outsourced & Automated.
Across the country, state and local governments are experimenting with AI tools that outsource important government decisions to private companies, all without public input or oversight. These systems assign children to schools, inform medical decisions about patients, impact policing decisions about where to patrol and whom to target, and determine who receives public benefits. And they are all developed and operated by private companies like Deloitte, Thomson Reuters, and LexisNexis.
Since 2021, EPIC has been investigating the ways that state agencies procure AI systems. Building on the contracts and records we discovered, this report sheds light on the oft-forgotten world of government AI procurement. It not only highlights the variety of AI systems embedded in state government, but also the major companies behind many of the most common government AI systems."
