Box introduces new AI studio and enterprise application builder

Box has unveiled two major AI-focused products: Box AI Studio for creating custom AI agents and Box Apps for building no-code enterprise applications. CEO Aaron Levie announced these tools at the BoxWorks event as part of the company’s expansion from file sharing into intelligent content management, VentureBeat reports. Box AI Studio, built on partnerships with …

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Google releases AI-powered video creation app for work

Google has announced the general availability of Google Vids, a new AI-powered video creation app for work, to select Google Workspace editions. According to the company’s announcement, Vids is designed to help teams in customer service, learning and development, project ops, and marketing create engaging videos more easily. The app utilizes generative AI capabilities to …

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Midship uses AI to extract usable data from unstructured documents

Midship has developed an AI-powered tool that extracts specific fields and tables from unstructured documents like PDFs and images. According to the founders in a Hacker News post, Midship combines OCR with language models to convert documents into clean, structured data, going beyond simple markdown output. The tool is aimed at both non-technical users via …

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Microsoft unveils Magentic-One, an open-source framework for managing multi-agent AI systems

Microsoft has released Magentic-One, a new open-source infrastructure that enables a single AI model to manage multiple helper agents working together to complete complex, multi-step tasks in various scenarios. According to a paper by Microsoft researchers, Magentic-One is a generalist agentic system that can “fully realize the long-held vision of agentic systems that can enhance …

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SambaNova and Hugging Face simplify AI chatbot deployment

SambaNova and Hugging Face have launched a new integration that allows developers to deploy AI chatbots with a single click, reportedly reducing deployment time from hours to minutes. According to Ahsen Khaliq, ML Growth Lead at Gradio, the process involves obtaining an access token from SambaNova Cloud’s API website and entering three lines of Python …

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Enterprise generative AI usage doubles as spending surges 130%

A study by AI at Wharton and GBK Collective found that generative AI adoption has rapidly increased among American businesses, with weekly usage by leaders doubling from 37% to 72% in the past year. The research, which surveyed over 800 enterprise decision-makers, also revealed a 130% surge in AI spending since 2023, with more than …

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Hugging Face helps companies develop AI

New York-based AI startup Hugging Face is teaming up with Amazon and Google to launch new open-source software aimed at lowering the cost of developing chatbots and other AI systems, Stephen Nellis reports for Reuters. The offering, called “HUGS” (Hugging Face for Generative AI Services), automates the implementation of AI models and will be available …

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Cohere’s Embed 3 now searches for images

AI company Cohere has added multimodal capabilities to its Embed 3 embedding model, allowing images to be included in RAG-based company searches. This is reported by Emilia David for VentureBeat. The new version can create embeddings for both images and text, with both formats stored in a unified database. According to Cohere, this allows companies …

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Open Source ahead in Enterprise AI

Open source AI models are increasingly winning out over closed systems like GPT-4 in the enterprise. This is what Matt Marshall reports for VentureBeat after numerous conversations with executives. The open models, such as Metas Llama, have now reached comparable quality and offer enterprises more control, customization, and cost efficiency. Major technology vendors such as …

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Asana AI Studio helps to develop AI agents

Asana, a work management platform, has introduced AI Studio, a new feature for creating AI agents for workflow management. As Alex Hood, Chief Product Officer at Asana, explained to VentureBeat, users can now integrate multiple custom AI agents directly into their workflows without any coding knowledge. The aim is to relieve employees of routine tasks, …

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