AI & RoboticsNews

Vanta secures $150 million as AI reshapes tech compliance landscape

Vanta, a startup using AI to automate security compliance, has secured $150 million in Series C funding, vaulting its valuation to $2.45 billion. Sequoia Capital led the round, with Goldman Sachs and JP Morgan joining as investors. This significant cash injection marks a pivotal moment for the four-year-old company and signals a broader shift in how businesses approach trust and security in the…
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AI & RoboticsNews

By embracing liquid cooling, AI powerhouse Supermicro enables 30% more computing power — with the same power budget

Charles Liang, CEO of Supermicro, predicts that “the AI revolution can be bigger than the industrial revolution,” and the astonishing growth of Supermicro just in the past year seems to bear out this prediction. Supermicro revenue grew by 200% year over year in the third fiscal quarter, and it’s expected to grow another 152% by the end of the year. Liang spoke at VB Transform 2024 about the…
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AI & RoboticsNews

How Chevron is using gen AI to strike oil

Oil and gas operations generate an enormous amount of data — a seismic survey in New Mexico, for instance, can provide a file that is a petabyte all by itself.  “To turn that into an image that you can make a decision with is a 100 exaflop operation,” Bill Braun…
AI & RoboticsNews

AI’s new frontier: Hugging Face, Nvidia, and OpenAI lead charge in small language models

Three major players in artificial intelligence unveiled compact language models this week, signaling a major shift in the AI industry. Hugging Face, Nvidia in partnership with Mistral AI, and OpenAI have each released small language models (SLMs) that promise to democratize access to advanced natural language processing capabilities. This trend marks a significant departure from the race for…
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AI & RoboticsNews

AI regulation in peril: Navigating uncertain times

The Supreme Court recently took a sledgehammer to federal agencies’ powers, as noted by Morning Brew. Less than a year ago, the drive for AI regulation was gaining significant momentum, marked by key milestones such as the AI Safety Summit in the U.K., the Biden…
AI & RoboticsNews

Groq’s open-source Llama AI model tops leaderboard, outperforming GPT-4o and Claude in function calling

Groq, an AI hardware startup, has released two open-source language models that outperform tech giants in specialized tool use capabilities. The new Llama-3-Groq-70B-Tool-Use model has claimed the top spot on the Berkeley Function Calling Leaderboard (BFCL), surpassing proprietary offerings from OpenAI, Google, and Anthropic. I’ve been leading a secret project for months … and the word is…
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