The biggest opportunity for AI is in the enterprise

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 …

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Together AI introduces new platform for private AI

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 …

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Meta Llama 3.2 is here

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 …

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Nvidia, Salesforce see ‘gigantic opportunity’ for AI agents

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 …

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OpenAI gives enterprise and education customers access to o1

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 …

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Salesforce gives more details on strategy for AI agents

Salesforce presents its vision for autonomous AI agents at Dreamforce 2024. CEO Marc Benioff explains that these agents will replace existing copilots and be based on a standardized platform. The company is focusing on its Agentforce product, which will deploy AI agents across various cloud services, writes Larry Dignan. The Salesforce platform and the Data …

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Model routing supposed to make AI systems more efficient

Companies are increasingly turning to model routing to make their AI systems more efficient. As Sean Michael Kerner reports for VentureBeat, this technology enables the dynamic selection of the most appropriate AI model for each query. Startup Martian has developed a large language model (LLM) router that is attracting interest from major tech companies. Accenture …

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Microsoft shows off Copilot Pages, other AI features for businesses

Microsoft is expanding its Office offerings with new AI features. A key innovation is “Copilot Pages”, a platform for collaborative work with AI. Users can work together on AI-generated content and enrich it with data from different sources. Microsoft describes this as an entirely new way of working that brings humans and AI together in …

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$24 Million in capital for “automated digital employees”

AI startup 11x.ai has raised $24 million in a Series A funding round. The round was led by venture capital firm Benchmark. Founded in 2022, the company develops AI agents for process automation, which it describes as “automated digital employees”. 11x.ai focuses on sales, marketing, and revenue operations. The company is approaching $10 million in …

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How expensive is your own conversational AI?

Companies can achieve significant cost savings by building their own conversational AI based on the open source model Llama 3. This is the result of an analysis by Sam Oliver, founder of OpenFi, published on VentureBeat. According to Oliver, an average conversation with Llama 3 costs about $0.08, while the same conversation with OpenAI’s GPT-4 …

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