IBM has launched its Granite 3.0 large language models (LLMs), expanding its enterprise AI offerings, Sean Michael Kerner reports for VentureBeat. The new open-source models, available under the Apache 2.0 license, are designed for various enterprise applications, including customer service, IT automation, and cybersecurity. IBM claims the models outperform competitors like Google and Anthropic, having … Read more
H2O.ai has unveiled two new vision-language models, H2OVL Mississippi-2B and H2OVL Mississippi-0.8B, aimed at enhancing document analysis and optical character recognition (OCR) tasks. Despite their smaller size, these models demonstrate competitive performance against larger models from major tech companies, with the 0.8B model excelling in the OCRBench Text Recognition task. CEO Sri Ambati emphasized that … Read more
Perplexity has launched an Internal Knowledge Search feature that allows Pro and Enterprise Pro users to search both their internal files and the web from a single platform. Users can upload important files, limited to 500 for Enterprise Pro, in various formats like Excel, Word, and PDFs, VentureBeat reports. The aim is to streamline the … Read more
Nvidia has introduced a new AI model, Llama-3.1-Nemotron-70B-Instruct, which outperforms existing models from OpenAI and others, continuing a significant shift in its AI strategy. The model, available on Hugging Face, achieved impressive benchmark scores, positioning Nvidia as a competitive player in AI language understanding and generation. This development showcases Nvidia’s transition from a GPU manufacturer … Read more
Endor Labs has launched a new platform to score over 900,000 open-source AI models available on Hugging Face, focusing on security, activity, quality, and popularity. This initiative aims to address concerns regarding the trustworthiness and security of AI models, which often have complex dependencies and vulnerabilities, reports VentureBeat. Developers can query the platform about model … Read more
Katanemo has introduced Arch-Function, a collection of open-source large language models (LLMs) designed for ultra-fast function-calling tasks essential for agentic applications in enterprises. According to reporting from VentureBeat, these models operate nearly 12 times faster than OpenAI’s GPT-4 and significantly outperform offerings from other competitors, while also providing substantial cost savings. Arch-Function builds on Katanemo’s … Read more
Galileo, an AI startup led by Vikram Chatterji, has raised $45 million in a Series B funding round, totaling $68 million since its inception three years ago. The company focuses on evaluating AI models to ensure they function effectively and do not generate incorrect information or leak sensitive data, reports Forbes. Its product suite includes … Read more
DataStax has unveiled a new AI platform in collaboration with Nvidia, aimed at assisting enterprises with AI development. As reported by Sean Michael Kerner for VentureBeat, the platform combines DataStax’s database technology and visual AI orchestration tool Langflow with Nvidia’s enterprise AI components. According to DataStax, the new solution can reduce AI development time by … Read more
AI21 CEO Ori Goshen criticizes Transformer models as unsuitable for AI agents. They are too expensive and inefficient, Goshen told VentureBeat in an interview. Alternatives like Mamba and Jamba offer faster inference times and longer context. This makes them more suitable for agents that need to access multiple models. Goshen attributes the lack of reliability … Read more
Walmart is developing its own large language model called Wallaby, tailored specifically for retail applications. Trained on extensive data from Walmart, Wallaby aims to enhance customer service by responding in a natural tone, Emilia David reports for VentureBeat. Currently in heavy internal testing, Walmart plans to leverage Wallaby within a year, particularly for consumer-facing applications. … Read more