Perception Point, an internet security platform, revealed its latest innovation to counter the rising tide of AI-generated email threats. The company’s new detection technology employs AI-powered large language models (LLMs) and deep learning architecture to identify and thwart business email compromise (BEC) attacks facilitated by generative AI technologies.
Criminals are exploiting generative…
Salesforce launches Sales GPT, Service GPT to ease customer interactions through generative AI
June 30, 2023
Salesforce today introduced new generative AI workflow tools for Sales Cloud and Service Cloud during its presentation at World Tour London. The new capabilities — Sales GPT and Service GPT respectively — are designed to simplify workflow and customer engagement…
Runway, one of the hottest generative AI startups with its text-to-image video tools, has announced a fresh round of funding, adding $141 million in a series C from Google, Nvidia and Salesforce Ventures, among other investors.
The New York City-based company said in a press…
Microsoft weaves generative AI fabric for Moody’s
June 29, 2023
In the world of financial risk assessment, New York based Moody’s is a global powerhouse with a vast wealth of information. Now, thanks to a partnership with Microsoft announced today, Moody’s is bringing the power of generative AI to its enterprise.
Moody’s is using the Microsoft Azure OpenAI service as the engine that helps to unlock research information and risk assessment capabilities.
Causely, an artificial intelligence startup led by CEO and founder Ellen Rubin, announced today the limited early-access launch of its Causal AI platform for enterprise data. The company aims to revolutionize how businesses troubleshoot operational issues and manage…
VentureBeat is on a mission to uncover the state of today’s AI technology landscape, and we need your input. We’re not only looking for the companies currently getting their hands dirty, integrating generative AI into workflows and product development, but the…
Inflection AI sets off fireworks with $1.3B funding, highlighting surging interest in LLMs (and Nvidia H100s)
June 29, 2023
In a pre-July 4th weekend surprise, Inflection AI, the Palo Alto-based startup founded by Mustafa Suleyman, cofounder of DeepMind, and LinkedIn co-founder Reed Hoffman, announced that it has raised $1.3 billion in an eye-popping round that brings its valuation to $4 billion.
Forbes reported that Microsoft and Nvidia led the round, along with Hoffman, Microsoft cofounder Bill Gates and former…
Scriptic (formerly known as ElectricNoir) has raised $5.7 million in funding to create games based on generative AI, including Scriptic: Crime Stories.
It’s the second time in a year that the company has raised money, and that tells you that generative AI is hot in gaming…
Make no mistake about it: There is a lot of hype and a lot of money in play in the generative AI land grab.
Today, San Francisco-based startup Typeface announced it has raised $100 million in new funding to help expand its go-to-market efforts as the company builds out…
Sourcegraph unveils Cody 5.1, a free code AI tool that can write entire files and tests
June 29, 2023
Sourcegraph, a leader in universal code search and AI-assisted software engineering, announced the release of Cody version 5.1 today, a major upgrade to its AI coding assistant. The new version provides Cody with a broader view of code context across repositories and improved automation capabilities, allowing it to generate code, fix bugs and refactor projects with less human intervention.
In an…
