Fastino launches CPU-based AI models for enterprise tasks

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 … Read more

DataRobot introduces new AI platform to help businesses achieve practical results

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 … Read more

New framework helps companies measure AI investment returns

A comprehensive new approach to measuring returns on generative AI investments has emerged, addressing widespread challenges in quantifying AI’s business impact. According to a KPMG survey cited by VentureBeat’s James Thomason, while 78% of C-suite leaders express confidence in generative AI’s ROI, most companies struggle to measure its actual value. The article presents a detailed … Read more

NY-Presbyterian’s medical director shares strategy for responsible AI implementation

Dr. Ashley Beecy, Medical Director of AI Operations at New York-Presbyterian Hospital, outlines a measured approach to implementing artificial intelligence in healthcare settings. In a VentureBeat article by Michael Trestman, Dr. Beecy emphasizes three key elements for successful AI adoption: establishing good governance frameworks, following a needs-driven approach, and maintaining transparency to build trust. She … Read more

Study reveals visual prompt injection vulnerabilities in GPT-4V

A recent study by Lakera’s team demonstrates how GPT-4V can be manipulated through visual prompt injection attacks. As detailed by author Daniel Timbrell in his article, these attacks involve embedding text instructions within images to make AI models ignore their original programming or perform unintended actions. During Lakera’s internal hackathon, researchers successfully tested several methods, … Read more

AI agents enhance traditional RAG systems for better data processing

Retrieval-Augmented Generation (RAG) systems are being improved through the integration of AI agents, according to an analysis by Shubham Sharma for VentureBeat. While traditional RAG systems combine data retrieval with language models to provide contextual answers, they are limited to single knowledge sources. The new “agentic RAG” approach incorporates AI agents that can access multiple … Read more

Companies advised to start small with multimodal RAG implementation

Multimodal retrieval augmented generation (RAG) systems are gaining traction as tools to process multiple data types, including text, images, and videos. According to Emilia David’s article on VentureBeat, embedding service providers recommend a cautious approach to implementation. Cohere, which recently updated its Embed 3 model, emphasizes the importance of thorough data preparation and initial testing … Read more

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 … Read more

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 … Read more

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 … Read more