Espresso AI, a stealthy Silicon Valley artificial intelligence startup, has raised over $11 million in seed funding to bring the power of AI to perhaps the biggest challenge in enterprise computing today: reining in runaway cloud costs. The funding includes a seed round led by Daniel Gross and Nat Friedman, and a pre-seed round led by Matt Turck at FirstMark, with participation from industry…
DataStax, a leading provider of data management solutions for enterprises, announced today its acquisition of Langflow, an innovative startup that has developed an open-source platform for building retrieval-augmented generation (RAG) applications.
The acquisition marks a…
S&P Global, a leading provider of financial intelligence, quietly announced on Wednesday the launch of S&P AI Benchmarks by Kensho. This innovative solution aims to set a new standard for evaluating the performance of large language models (LLMs) in complex financial…
As demand for AI continues to grow, so too is interest and demand in database technologies that help to support AI efforts.
One such vendor is Aerospike which is seeing new demand for its real time NoSQL database platform. To support that demand and help the company expand, the company today announced that it has raised $109 million in a new round of funding, as it seeks to add new AI capabilities…
Hailo takes on Nvidia with energy-efficient gen AI accelerator for edge devices and $120M in funding
April 4, 2024
Even as Nvidia continues to mint money from its massive range of generative AI-focused hardware and software offerings, smaller players competing in the same space are not ready to cave in. Case in point: Hailo, an Israel-based startup that just launched a new…
Codium announces Codiumate, a new AI agent that seeks to be Devin for enterprise software development
April 4, 2024
One of the most well-read VentureBeat articles in recent weeks has been our coverage of Devin, an AI “software engineer” from startup Cognition that can autonomously write code, even full applications, given natural language instructions from a user.
It makes sense, as…
Lil Snack has raised $3.1 million for snackable games on a platform that entices players to come back every day.
That’s a pretty hefty funding amount for a company that until recently had just two people: cofounders Eric Berman and Travis Chen.
Fortunately for Lil Snack, the company has already gotten a lot of traction during its six-month run through A16z Games Speedrun, an accelerator for…
Resemble AI is launching Rapid Voice Cloning, a new feature of its platform that significantly expedites the process of generating voice clones. The company works in the elusive AI voice category focused on enterprise users.
Available today, Rapid Voice Cloning can duplicate…
Read AI, a leader in AI-powered meeting summaries, today announced a $21 million Series A financing round led by Goodwater Capital, with participation from existing investor Madrona Venture Group. The funds will be used to accelerate the company’s mission of building the…
Cloudflare makes it simple to deploy AI apps with Hugging Face, launches Workers AI to public
April 3, 2024
Cloudflare is now letting more developers bring their AI applications from Hugging Face onto its platform. In addition, the company has made its serverless GPU-powered inference, known as Workers AI, generally available.
The Cloudflare-Hugging Face integration was announced nearly seven months ago. It makes it easy for models to be deployed onto Workers AI. With one click, developers can…
