Lamini, a Palo Alto-based startup, has secured $25 million in funding from investors, including Stanford computer science professor Andrew Ng. The company is building a platform designed to help enterprises effectively deploy and leverage generative AI technology across their organizations.
Lamini's co-founders, Sharon Zhou and Greg Diamos, argue that many existing generative AI platforms are…
Generative AI pioneer Anthropic is setting its sights on the lucrative enterprise market, unveiling a new premium "Team" offering squarely aimed at businesses across industries looking to integrate advanced language AI into their operations. The well-funded startup, fresh off a $4 billion investment from Amazon, is also releasing a dedicated iOS app to make its…
Atlassian Launches ‘Rovo’ – An AI Assistant to Streamline Enterprise Workflows Alongside Human Teams
At its Team '24 conference in Las Vegas, Atlassian unveiled Rovo, a powerful new AI assistant designed to supercharge productivity and collaboration across the enterprise. Rovo harnesses Atlassian's "cloud teamwork graph" data foundation to provide AI-powered search, automation, and virtual assistant capabilities that integrate seamlessly into existing workflows.
The innovative offering revolves around three core…
In a move to capitalize on the surging demand for AI-powered conversational interfaces, Yelp has unveiled a new AI chatbot aimed at streamlining how consumers discover and engage professional services through the platform. The chatbot, rolling out initially on Yelp's iOS app with Android support coming later this year, harnesses large language models from OpenAI…
Apple Inc. has revived negotiations with generative artificial intelligence pioneer OpenAI about integrating the startup's cutting-edge language models to enable new AI-powered capabilities in the next version of its mobile operating system iOS, according to a Bloomberg report.
The tech giants have rekindled talks around the terms and specifics of how OpenAI's generative AI technology…
OpenAI's reveal of its Sora video generation tool in February awed the AI community with stunningly realistic and fluid video outputs. However, the carefully curated examples left out critical details about Sora's current capabilities and limitations in real-world filmmaking scenarios. Those gaps are now being filled by an early production team granted access to create…
In a move to safeguard the nation's critical systems and industries from potential threats posed by artificial intelligence, the U.S. government is tapping some of the very leaders behind today's AI boom. The Department of Homeland Security has formed a new Artificial Intelligence Safety and Security Board comprising nearly two dozen prominent tech executives, business…
Elon Musk's new AI outfit xAI, formed just 10 months ago as a rival to the generative AI juggernaut OpenAI, is raising a staggering $6 billion at a pre-money valuation of $18 billion, according to a trusted source. The deal, which would grant investors one quarter ownership, is expected to close in the coming weeks…
While overshadowed by robotics giants like Boston Dynamics, the Canadian firm Sanctuary AI has been steadily advancing its line of humanoid robots dubbed "Phoenix." This week, Sanctuary introduced the 7th generation iteration of Phoenix, highlighting the system's human-like movements and impressive speed at learning new tasks.
Rather than focusing on the robot's full-body…
The insatiable energy appetite of artificial intelligence has caught the attention of OpenAI CEO Sam Altman, who recently participated in a $20 million investment round for Exowatt, a renewable energy startup aiming to provide sustainable power solutions for data centers. Altman co-invested alongside venture capital firm Andreessen Horowitz in the funding for Exowatt.
As generative…
Tech giant Microsoft is staking a major claim in the generative artificial intelligence space, launching a lightweight and affordable AI model dubbed "Phi-3-mini" as part of a new family of smaller language models (SLMs). The unveiling of Phi-3-mini marks Microsoft's first foray into compact, cost-optimized AI models as it looks to attract a wider range…
Amazon's cloud computing arm AWS is going all-in on making its Bedrock service the premier destination for enterprises looking to host, customize and deploy generative artificial intelligence models. Today, AWS announced the launch of Custom Model Import, a pivotal new capability in Bedrock that allows companies to import their proprietary, in-house generative AI models and…