The image editing platform PicsArt is more than a decade old at this point and is now focusing on “contextual intelligence” and AI agents to stand out in this competitive market, reports Shubham Sharma from VentureBeat. Instead of adding new features, PicsArt CTO Artavazd Mehrabyan explains that the company is prioritizing improving the quality of … Read more
A new startup called Crescendo has raised $50 million and is now valued at $500 million. The company offers AI-powered customer service solutions, competing with traditional call centers. Co-founder Anand Chandrasekaran told Bloomberg that Crescendo uses AI assistants with human backup to handle customer inquiries faster and more accurately. The funding came from investors including … Read more
Series Entertainment has closed a $28 million funding round, according to an SEC document and confirmation from the company, as reported by Julie Bort for TechCrunch. Investors include Netflix, Dell Technologies Capital, and existing backers Andreessen Horowitz, BITKRAFT, and F4 Fund. Series is developing an AI-powered platform for game developers called the Rho Engine. The … Read more
Writer released a major update to its platform to make it easier for businesses to use AI. Chatbots can now process up to 10 million words of company-specific data and take on complex tasks such as document analysis and knowledge management. An advanced algorithm is said to provide more accurate search results and make it … Read more
LiveBench is a new benchmark for large language models developed by a team of scientists. Unlike existing benchmarks, it uses constantly updated questions from current sources and automatically scores the answers based on objective criteria. The team has taken special care to avoid the risk of “contamination”, where the training data of a language model … Read more
Writer’s new “AI Studio” platform enables companies to develop their own AI applications using the “Writer Framework” and without programming knowledge. Writer is positioning itself as a one-stop shop for companies looking to harness the potential of generative AI in their day-to-day operations.
TikTok has unveiled a new AI suite called TikTok Symphony to help advertisers create scripts, videos and optimize content. The suite includes an AI video generator, an AI assistant and a new platform called TikTok One that aggregates marketing tools and resources.
Adobe announces generative AI solutions to streamline the enterprise content supply chain. Adobe GenStudio provides marketers with an AI-powered offering to quickly plan, create, and manage brand-compliant content. Seamlessly integrated with the Adobe Firefly image generator, Adobe says it enables scalable content production with new Firefly services and custom models.
Any company that wants to offer a chatbot or other AI services will want to put it through its paces beforehand. The Kolena platform promises to do this work for you. Source: VentureBeat