AI & RoboticsNews

Grounding LLMs in reality: How one company achieved 70% productivity boost with gen AI

Drip Capital, a Silicon Valley-based fintech startup, is leveraging generative AI to achieve a remarkable 70% productivity boost in cross-border trade finance operations. The company, which has raised more than $500 million in debt and equity funding, is employing large language models (LLMs) to automate document processing, enhance risk assessment and dramatically increase operational efficiency.
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AI & RoboticsNews

Salesforce’s AgentForce: The AI assistants that want to run your entire business

Salesforce unveiled Agentforce on Thursday, a suite of AI-powered autonomous agents designed to augment human workers across various business functions. The company positions this as the “third wave” of AI, moving beyond predictive models and generative AI to what it calls “agentic systems.” Marc Benioff, Chair and CEO of Salesforce, emphasized the transformative potential of AgentForce…
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AI & RoboticsNews

How to prompt on OpenAI’s new o1 models

OpenAI’s latest model family, o1, promises to be more powerful and better at reasoning than previous models.  Using GPT-o1 will be slightly different than prompting GPT-4 or even GPT-4o. Since this model has more reasoning capabilities, some regular prompt engineering…
AI & RoboticsNews

What does it cost to build a conversational AI?

More than 40% of marketing, sales and customer service organizations have adopted generative AI — making it second only to IT and cybersecurity. Of all gen AI technologies, conversational AI will spread rapidly within these sectors, because of its ability to bridge current…
AI & RoboticsNews

Pixtral 12B is here: Mistral releases its first-ever multimodal AI model

Mistral AI is finally venturing into the multimodal arena. Today, the French AI startup taking on the likes of OpenAI and Anthropic released Pixtral 12B, its first ever multimodal model with both language and vision processing capabilities baked in. While the model is not available on the public web at present, its source code can be downloaded from Hugging Face or GitHub to test on individual…
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AI & RoboticsNews

Datricks gets $15M from SAP and others for AI-powered risk and compliance platform

Datricks, an AI-powered financial integrity and compliance software startup headquartered in Tel Aviv, Israel has raised $15 million in a Series A funding round led by venture capital firm Team8. The investment also saw participation from SAP, a global enterprise software giant, as well as existing investor Jerusalem Venture Partners (JVP). Co-founded by CEO Haim Halpern and chief technology…
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