Lambda, a San Francisco-based technology company, has introduced a new AI inference API service that promises the lowest costs in the industry. According to VentureBeat reporter Carl Franzen, the service allows enterprises to deploy AI models without managing computing infrastructure. The API supports various advanced models including Meta’s Llama 3.3 and Alibaba’s Qwen 2.5, with …
Writer, an enterprise AI startup valued at $1.9 billion, has introduced a new AI model designed to overcome the uniformity often found in AI-generated content. As reported by Michael Nuñez for VentureBeat, Palmyra Creative uses innovative techniques to produce more varied and original outputs. The model employs merging techniques and adaptive model layering, departing from …
According to a new Google Cloud trends report, enterprises will significantly scale their AI implementations in 2025, with a focus on AI agents and multimodal systems. As reported by Taryn Plumb in VentureBeat, companies are expected to move beyond current experimentation phases toward production-scale deployments. The report identifies six types of AI agents, from customer …
A Financial Times report reveals that employees are rapidly adopting AI tools like ChatGPT before their employers can establish proper guidelines. Nearly 25% of US workers use generative AI weekly, with usage reaching 50% in software and financial sectors. By September, less than half of organizations had implemented AI usage policies, according to a Littler …
Texas-based startup RapidCanvas has developed an AI agent platform that automates up to 70% of data tasks in artificial intelligence projects. According to Shubham Sharma’s report in VentureBeat, the company recently secured $16 million in Series A funding. The platform combines AI agents with human expertise to handle data engineering and science tasks, from ingestion …
Emergence AI has unveiled a new enterprise-grade autonomous multi-agent AI orchestrator designed to integrate multiple software systems across organizations. According to an article by Carl Franzen in VentureBeat, the platform enables seamless workflow automation between different vendors’ applications. The company, founded by IBM Research veterans and backed by $97 million in funding, differentiates its offering …
Amazon Web Services has announced significant updates to its Q Business AI assistant platform, expanding its capabilities through new third-party integrations and workflow automation features. According to TechCrunch reporter Frederic Lardinois, the system can now connect with additional enterprise tools and perform actions across applications like Google Workspace, Microsoft 365, and Smartsheet. Q Business will …
AI company Cohere has released a new enterprise search model that can process queries in over 100 languages, as reported by Michael Nuñez. The system shows significant improvements over traditional search methods, with internal testing showing 23.4% better performance than hybrid search systems in financial services applications. Using a technique called “cross-encoding,” the model can …
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 …