Natural language processing (NLP), the field of AI that involves parsing text for tasks including summarization and generation, is a fast-growing technology. According to a 2021 survey from John Snow Labs and Gradient Flow, 60% of tech leaders indicated that their NLP budgets grew by at least 10% compared to 2020, while a third said […]
Private equity giant Vista Equity Partners has announced plans to take Duck Creek Technologies private in a $2.6 billion deal. Boston-based Duck Creek, a SaaS-based software provider for the property and casualty (P&C) insurance sector, went public back in 2020, initially hitting a market cap of around $5 billion. After peaking at around $7 billion […]