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Tag: artificial intelligence

Mozilla.ai Launches with $30M to Build Trustworthy AI

Mozilla has announced it is launching an AI startup, Mozilla.ai. The new startup will be aimed at building a trustworthy and independent open-source AI ecosystem and is backed by an initial $30 million seed investment fr Read more…

New Enterprise Search Report Shows How Data and AI Can Increase Relevant Results

Delivering relevant search results can be a major challenge for enterprises. Relevant search results, or how closely a platform’s generated search results relate to user intent, are crucial for a successful user experi Read more…

Milvus 2.3 Launches with Support for Nvidia GPUs

Zilliz has beta launched Milvus 2.3, the latest version of its open source vector database. Milvus 2.3 supports Nvidia GPUs which Zilliz says affords greater flexibility and improved real-time workload performance. Zilli Read more…

Bill Gates Says the Age of AI Has Begun, Bringing Opportunity and Responsibility

The latter half of March has been a whirlwind moment for artificial intelligence. OpenAI released GPT-4 last week, and this week, Nvidia announced a new cloud services platform for generative AI while Google initiated th Read more…

Andrew Ng’s Landing AI Offers Free Trial of LandingLens CV Platform

Landing AI, Andrew Ng’s cloud-based platform for computer vision, has announced a free trial of its flagship CV offering, LandingLens. The company says the free trial offer is meant to democratize the creation of artif Read more…

AnyScale Bolsters Ray, the Super-Scalable Framework Used to Train ChatGPT

ChatGPT developer OpenAI is using Ray, an open-source unified compute framework, to ease the infrastructure costs and complexity of training its large language models. Anyscale, the company behind Ray, has made enhanceme Read more…

Dataiku Raises $200M Series F at a Reduced Valuation

Dataiku announced it raised $200 million in a Series F round this week at a $3.7 billion valuation. This latest valuation is a 20% decline from its August 2021 valuation of $4.6 billion, perhaps reflecting the changing m Read more…

Dataiku 11.1 Update Boosts Data Science and MLOps

Dataiku has unveiled the latest update to its data science and machine learning platform, Dataiku 11.1. This update includes improvements to existing capabilities as well as new features for data scientists, ML engineers Read more…

Stable Diffusion Creator Stability AI Raises $101M

Stability AI, parent company of digital art tool Stable Diffusion, has announced a $101 million seed funding round. The funding round was led by Coatue, Lightspeed Venture Partners, and O'Shaughnessy Ventures LLC. Blo Read more…

IDC: Worldwide AI Spending Grew Over 20% in 2021, will Reach $450B in 2022

A new report from IDC predicts the global market value of artificial intelligence solutions will reach close to $450 billion in 2022 and will continue to grow over the next five years. According to IDC’s Worldwide S Read more…

Algolia Acquires Search.io to Enable Users to ‘Search As They Think’

Data search platform Algolia announced it has acquired San Francisco-based neural search startup Search.io. Algolia is known for its keyword-based search and discovery platform that processes trillions of queries from Read more…

Dataiku Releases New ‘AI & Us’ Documentary Series

Dataiku has released a new documentary series exploring how artificial intelligence, now more accessible than ever, is transforming various industries. The company says its objective for the web series, "AI & Us," Read more…

LXT Report Highlights Importance of High Quality Training Data for AI Initiatives

AI training data vendor LXT has released a new report, "The ROI of High-Quality AI Training Data." The report highlights the level of value companies are finding with their AI initiatives. "With the massive amounts of Read more…

Graft Emerges from Stealth to Make the AI of the 1% Accessible to the 99%

A new cloud-native platform for artificial intelligence capabilities, Graft, has launched out of stealth with $4.5 million in pre-seed funding. Graft says its platform “distills the AI infrastructure and workflows t Read more…

Computer Vision Platform Datagen Raises $50M Series B

Datagen, a firm specializing in computer vision artificial intelligence, announced it has raised $50 million in a Series B round bringing its total financing to $70 million. Computer vision (CV) has quickly become ubi Read more…

AIOps Platform Provider Selector Raises $28M Series A

Selector, an AIOps, analytics and observability platform provider, has announced it raised $28 million in a Series A funding round, bringing its total funding to $33 million. Selector will use these new funds for its mar Read more…

MIT-IBM Watson AI Lab Tackles Power Grid Failures with AI

Next time your power stays on during a severe weather event, you may have a machine learning model to thank. Researchers at the MIT-IBM Watson AI Lab are using artificial intelligence to solve power grid failures. The Read more…

Startup Sway AI Launches No-Code AI Platform

Venture-backed startup Sway AI has announced the launch of its no-code enterprise AI platform. The company says its platform allows AI solutions to be built and deployed quickly without AI or coding experience. Sway A Read more…

Taming the ‘White Whale’ of Unstructured Data

Unstructured data comprises a large chunk of all business data, and according to IDC, the figure could reach 80% by 2025. Data that is not collected or stored in an organized way, specifically language data in the form o Read more…

New Unicorn Fractal Bolsters Cloud Play with Neal Buy

Artificial intelligence firm Fractal Analytics is having a busy January so far. Early in the month it announced a $360 million investment from enterprise technology asset firm TPG, and on Tuesday the company reported acq Read more…

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