TollBit is a marketplace for publishers and AI providers

AI startup TollBit has raised $24 million in Series A funding. The round, led by Lightspeed Venture Partners, will help the company expand internationally and hire new employees, reports Sara Fischer for Axios. TollBit operates a marketplace that brings publishers and AI companies together and helps simplify their data exchange, both legally and commercially. The …

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CrewAI Enterprise is a new platform for AI agents

Startup CrewAI is launching “CrewAI Enterprise,” a new platform that allows companies to create and deploy teams of AI agents. As founder João Moura told VentureBeat, the system greatly simplifies the creation and deployment of multi-agent systems. The platform is based on CrewAI’s popular open source framework and allows users to develop AI agents with …

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Endor Labs scores open source AI models

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 …

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Strella automates market research with AI

Strella, a startup using AI for market research, has raised $4 million in seed funding, reports VentureBeat. The company, founded by Lydia Hylton and Priya Krishnan, employs artificial intelligence to automate and accelerate customer interviews. According to the founders, the platform can deliver insights up to ten times faster and at half the cost of …

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How PicsArt wants to stay competitive

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 …

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Crescendo wants to make call centers more efficient with AI

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 …

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Series Entertainment is building an AI-powered platform for game developers

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 …

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Major update for Writer

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 …

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LiveBench is a new benchmark for LLMs

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 …

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Writer announces AI Studio for companies

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.