Toronto, Canada-based Cohere, founded by ex-Googlers, has emerged as one of the leading startups amid the increasingly crowded generative AI marketplace with its focus on developing foundation models and other AI-powered technologies for enterprises.
Today, the company jumped into the fray of the AI chatbot race by releasing a new application programming interface (API), allowing third-party…
Sam Altman-backed Slope raises $30M for AI-powered B2B payments platform
September 29, 2023
Tracking and ensuring the integrity of payments is no easy task for any business, but in the B2B space, there is the added difficulty of ensuring the companies you are selling to will actually make their payments on time, won’t stiff you on some baseless excuse, go out of…
OpenAI gives ChatGPT access to the entire internet
September 28, 2023
OpenAI’s ChatGPT has been an undoubtedly powerful and interesting tool since its release in November 2022, but it has been limited with the domain of its knowledge — which only included information up to September 2021. But that changes today.
OpenAI just announced on X…
Cloudflare ignites AI platform efforts with serverless inference, vectorize database and AI gateway
September 28, 2023
How can you rapidly deploy an AI model around the word for fast inference? That’s a challenge Cloudflare is looking to solve with a series of AI platform updates announced today.
Cloudflare is a globally distributed platform founded in 2009 that has been steadily building out capabilities to enable organizations to safely deploy and secure applications at scale. With the increasing demand from…
Revefi secures $10.5M in seed funding, launches AI-powered enterprise data platform
September 28, 2023
Revefi, a Seattle-based AI startup aiming to be a “copilot” for enterprise data teams, has secured $10.5 million in seed funding in a round led by Mayfield managing partner Navin Chaddha. Other participants included GTMfund, Neythri Futures Fund, and more than 10 other…
Canada wants to be the first country to implement AI regulations: Minister of Innovation
September 28, 2023
Canada aims to be the first country in the world with official regulations covering the emerging artificial intelligence sector, said François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry in a speech on Wednesday.
“The world is looking at…
Europe’s largest seeded startup Mistral AI releases first model, outperforming Llama 2 13B
September 28, 2023
Mistral AI, the six-month-old Paris-based startup that made headlines with its unique Word Art logo and a record-setting $118 million seed round — reportedly the largest seed in the history of Europe — today released its first large language AI model, Mistral 7B.
The 7.3 billion parameter model outperforms bigger offerings, including Meta’s Llama 2 13B (one of the smaller of Meta’s newer…
Meta announces ‘universe of AI’ for Instagram, Facebook, WhatsApp
September 28, 2023
At a keynote speech at the annual Meta Connect conference today, Mark Zuckerberg announced that Meta is launching massive AI updates across the company’s applications and devices, including Instagram, Facebook and WhatsApp, building “state-of-the-art AI into the apps…
Hollywood writers’ strike ends with first-ever protections against AI
September 28, 2023
One of the two major unions now striking in the film industry, the Writers Guild of America (WGA), has reached an agreement with the organization representing major studios, the Alliance of Motion Picture and Television Producers (AMPTP), and its leadership has voted to end…
Confluent launches new initiative to deliver fresh, real-time data streams for enterprise AI apps
September 27, 2023
Data streaming major Confluent today announced a new “Data Streaming for AI” initiative to provide native integrations with leading players in the AI and vector database space, allowing its customers to tap the freshest contextual data from across their businesses.
Such realtime data is vital for use cases where speed is of the essence in business processes, such as fraud detection.
The first…