AI & RoboticsNews

DeepInfra emerges from stealth with $8M to make running AI inferences more affordable

Ok, let’s say you’re one of the company leaders or IT decision-makers who has heard enough about all this generative AI stuff — you’re finally ready to take the plunge and offer a large language model (LLM) chatbot to your employees or customers. The problem is: how do you actually launch it and how much should you pay to run it? DeepInfra, a new company founded by former engineers at IMO…
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AI & RoboticsNews

Monte Carlo Data wants to make sure the vector databases powering AI models stay reliable

San Francisco-based Monte Carlo Data, a company providing enterprises with automated data observability solutions, today announced new platform integrations and capabilities to expand its coverage and help teams deliver strong, trusted AI products. At its annual IMPACT conference, the company said it will soon offer support for Pinecone and other vector databases, giving enterprises the ability to…
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AI & RoboticsNews

7 fascinating use cases of AI in finance

AI, large language models and machine learning have disrupted the financial industry for over a decade. What began small with simple routines has now expanded possible applications to more complex and precise use cases. The ability to read, process and analyze vast amounts…
AI & RoboticsNews

OpenAI takes ‘baby step’ toward AI agents with Assistants API

Since the earliest days of artificial intelligence research in the 1950s, scientists have pursued the tantalizing goal of machines that can function autonomously as intelligent agents in the real world. This week, the dream moved one small step closer to reality as OpenAI, the creator of ChatGPT, unveiled new technology that paves the way toward such autonomous agents. At its inaugural developer…
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AI & RoboticsNews

IBM, which invested in Hugging Face, launches $500M enterprise AI venture fund

IBM, which in August took part in a $235 million series D funding round for open source AI platform Hugging Face, announced today that it is planning to invest more in enterprise AI-focused startups — much more. It is launching a $500 million venture fund that will invest “in a range of AI companies – from early-stage to hyper-growth startups – focused on accelerating generative…
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