Pinecone has introduced significant updates to its vector database platform, including a new cascading retrieval system that combines dense and sparse vector capabilities. According to an article by Sean Michael Kerner in VentureBeat, the company claims these improvements can increase enterprise AI accuracy by up to 48%. The update features new reranking technologies, including Cohere’s …
Amazon Web Services (AWS) has unveiled several significant artificial intelligence developments at its re:Invent 2024 conference. The announcements focus on new hardware, software, and services designed to enhance AI capabilities for business customers. The company introduced the general availability of its Trainium2 chips, which AWS claims are four times faster than their predecessors. These chips …
Anomalo has expanded its data quality platform to handle unstructured data monitoring for enterprise AI applications. As reported by Sean Michael Kerner for VentureBeat, the new solution aims to reduce AI deployment time by 30% through improved data quality control. The platform adds structured metadata to unstructured documents, helping organizations identify sensitive information and data …
Israeli startup aiOla has released Whisper-NER, an open-source AI model that transcribes audio while automatically masking sensitive information. As reported by Carl Franzen for VentureBeat, the model builds upon OpenAI’s Whisper framework and combines automatic speech recognition with named entity recognition to protect private data during transcription. The tool can identify and obscure sensitive details …
Researchers have developed Fast GraphRAG, an open-source tool that improves how artificial intelligence systems retrieve and process information from documents. The system, created by CircleMind AI, combines traditional PageRank technology with modern knowledge graphs to enhance retrieval-augmented generation (RAG). The tool addresses common challenges in data processing by extracting entities and relationships from documents to …
AnyChat, a new development tool, enables seamless integration of multiple large language models (LLMs) through a single interface. Developer Ahsen Khaliq, machine learning growth lead at Gradio, created the platform to allow users to switch between models like ChatGPT, Google’s Gemini, Perplexity, Claude, and Meta’s LLaMA without being restricted to one provider, as reported by …
A San Francisco-based startup Fastino has unveiled new task-optimized AI models that run efficiently on standard CPUs without requiring expensive GPUs. As reported by Sean Michael Kerner, the company has secured $7 million in pre-seed funding from investors including Microsoft’s Venture Fund M12 and Insight Partners. Fastino’s models differ from traditional large language models by …
DataRobot has launched its Enterprise AI Suite, a comprehensive platform that combines predictive and generative AI capabilities to help enterprises convert AI investments into measurable business outcomes. As Sean Michael Kerner reports, the new platform addresses the challenge that 90% of AI projects fail to move from prototype to production, according to DataRobot’s research. The …
Leading AI companies are creating new ways to evaluate increasingly sophisticated AI models as current testing methods prove inadequate. According to Cristina Criddle’s report in the Financial Times, companies like OpenAI, Microsoft, Meta, and Anthropic are developing internal benchmarks because their latest AI systems achieve over 90% accuracy on existing public tests. Meta’s generative AI …
OpenAI is preparing to launch a new AI agent called “Operator” that can perform automated tasks like coding and travel booking on behalf of users, according to reporting by Shirin Ghaffary and Rachel Metz for Bloomberg. The company plans to release the tool in January 2024 as both a research preview and through their developer …