Voyage AI is developing improved embedding models for more precise AI applications in enterprises. The startup has secured $20 million in funding and is now collaborating with Snowflake to enhance its Cortex AI service. Voyage AI’s multilingual embedding models support 27 languages and aim to significantly improve the quality of Retrieval Augmented Generation (RAG) systems. …
Vera AI has launched a new platform called “AI Gateway” to help companies deploy artificial intelligence safely and efficiently, reports Michael Nuñez for VentureBeat. The platform offers customizable safeguards and model routing capabilities. “We’ve focused ourselves squarely on the last mile problems, which (…) are actually quite hard,” explains Liz O’Sullivan, CEO and co-founder of …
Accenture is forming a Nvidia business group with 30,000 professionals to help enterprises adopt AI, reports Dean Takahashi. The goal is to train Accenture’s team to advise clients on process optimization and scaling AI solutions. Lan Guan, Chief AI Officer at Accenture, emphasizes the growing demand for generative AI. This new group expands the existing …
Mostly AI has introduced a new feature for generating synthetic texts. The tool allows companies to use confidential data such as emails and conversations for AI training without privacy concerns. As reported by Shubham Sharma, the platform generates a version of proprietary information free from personally identifiable data. This enables businesses to train and optimize …
Startup Artisan has raised $11.5 million in seed funding to develop AI-powered “employees” for sales teams. The company offers an AI assistant named Ava that automates tasks such as lead research and personalized email creation. CEO Jaspar Carmichael-Jack told VentureBeat that Artisan has already secured over 120 customers and reached $1 million in annual revenue. …
Artificial intelligence could revolutionize the world of work in much the same way that the first computers did, writes Ben Thompson in his blog Stratechery. He compares the current situation to the introduction of mainframe computers in the 1960s, which replaced many accountants and clerks. He argues that in the long run, AI systems such …
Together AI has unveiled a new platform for AI applications in private cloud environments. The system promises faster inference and lower costs for enterprises. CEO Vipul Prakash told VentureBeat that the platform can increase AI inference performance by two to three times and cut hardware requirements in half. A key feature is the flexible orchestration …
Meta has today released the new version of its AI model series: Llama 3.2, which for the first time includes vision models that can process both images and text. The larger versions with 11 and 90 billion parameters should be able to compete with closed systems like Claude 3 Haiku for image processing. Also new …
AI agents will fundamentally change the future of work. This is the prediction made by Nvidia founder Jensen Huang and Salesforce CEO Marc Benioff at the Dreamforce conference, as reported by VentureBeat. According to Huang, the capabilities of AI agents are developing rapidly and offer “gigantic” opportunities. They will soon be able to solve complex …
OpenAI has made its latest AI models, o1-preview and o1-mini, available to all ChatGPT Enterprise and ChatGPT Edu customers. Designed to tackle complex reasoning tasks, these models could change the way businesses and educational institutions approach their toughest challenges. As Michael Nuñez reports for VentureBeat, the o1 models stand out for their ability to engage …