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Tag: Salt AI

Salt AI Raises $3M, Elevates Aber Whitcomb to CEO

LOS ANGELES, Dec. 17, 2024 /PRNewswire/ — Salt AI, a pioneer in AI workflow orchestration, today announced it has raised $3M in seed funding and appointed technology veteran Aber Whitcomb as Chief Executive Officer. Whitcomb, former Co-Founder and CTO of MySpace…

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Boeing (NYSE:BA) today announced it plans to expand its operations in Charleston County. The company plans to invest $1 billion in infrastructure upgrades at its existing site and create 500 new jobs over the next five years. For more than a decade, Boeing South Carolina (BSC) has been the home of the full 787 Dreamliner production cycle and fabricates, assembles, and delivers, the 787-8, 787-9 and 787-10 to customers globally. The company established operations in South Carolina in 2009 and currently employs more than 7,800 people across its Airport and North Campuses in North Charleston, and its West Campus in Orangeburg. Boeing acquired the operations in Orangeburg, located at 174 Millennium Drive, earlier this year, though those facilities will not be affected by the expansion plans. Boeing will expand both of its North Charleston campuses, located at 5400 International Blvd. and 9775 Patriot Blvd., to support increased 787 Dreamliner production targets and potential future rate increases driven by market demand. The 787 Dreamliner program plans to increase to a rate of 10 airplanes per month by 2026. Operations are expected to be online in early 2027.

In a statement Scott Stocker, Boeing Vice President and General Manager of the 787 Program said, “Since the creation of Boeing South Carolina in 2009, we’ve marked many important milestones – including consolidating 787 Dreamliner production to South Carolina. I’m thrilled for this next phase of growth, which is made possible by our incredible teammates and the confidence our customers have in our airplanes. This decision reflects Boeing’s commitment to the workforce, the 787 program and the community. We are building a legacy at BSC, for ourselves and for future generations in the Palmetto State.”

Boeing continues to lead in technology and innovation, deliver for its customers, and invest in its people and future growth. The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.

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Chargezoom, a leading platform for AI-powered billing and integrated payments, announced today it has raised $11.5 million in Series A funding, led by Salt Lake City’s Kickstart Fund. This funding marks Chargezoom’s official arrival on the Utah tech scene, setting the stage for the company to scale rapidly and efficiently with the support of Silicon Slopes’ top early-stage venture fund. This round is another key milestone in Chargezoom’s rapid growth. Previously, the company closed a $2 million Seed round in July 2021. This investment helped Chargezoom simplify accounts receivable for businesses that need more efficient, agile financial processes.

Since its Seed funding, Chargezoom has grown by 3,972%. Chargezoom is transforming the way businesses handle accounts receivables. Powered by an extensive proprietary dataset and using cutting-edge AI and machine learning, Chargezoom makes invoicing, cash flow, and customer payments seamless and autonomous. No manual work. No wasted time. Just smarter, faster AR that drives financial health and frees businesses to focus on growth.

In a statement Matt Dubois, founder and CEO of Chargezoom said, “We’re thrilled to be building Chargezoom right here in Utah.” “Not only does this validate our vision and provide critical resources, we’re getting an unbeatable strategic partner in Alex Soffe and the team at Kickstart.”

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