LLM

crescendo raises usd 50 m to support its ai-based customer service

  Insights Desk   Oct 03, 2024

Highlights: Crescendo has the capability to translate chatbot responses into over 50 languages for businesses with global clientele. Crescendo announced that it has acquired PartnerHero, a bus...

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allen institute for ai launches molmo to process text and images

  Insights Desk   Sep 27, 2024

Highlights: Molmo was evaluated internally at the Allen Institute for AI using eleven benchmark tests in comparison to multiple proprietary large language models. Text processing tasks are the...

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mistral ai launches pixtral 12b to process both images and text

  Insights Desk   Sep 12, 2024

Highlights: Pixtral 12B should be able to respond to inquiries about photos, provide captions, count items, and more with the addition of image reasoning skills. Developers will be able to adj...

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servicenow unveils a new suite of artificial intelligence features

  Insights Desk   Sep 11, 2024

Highlights: ServiceNow provided specifics about its plans to include so-called agentic AI into its platform as a part of recent product release. In the future, ServiceNow intends to expand the...

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oracle partners with aws by subsiding the longstanding differences

  Insights Desk   Sep 10, 2024

Highlights: The collaboration, according to the firms, combines AWS’s security, agility, and flexibility with Oracle’s unmatched data management experience. The services are expected to go li...

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stability ai unveils three advanced text-to-image ai models on aws

  Insights Desk   Sep 05, 2024

Highlights: With the fully managed service Amazon Bedrock, developers can create generative AI applications by using a range of pretrained foundation models from top AI vendors. Developers and...

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technology giants apple and nvidia may join openai’s funding round

  Insights Desk   Sep 02, 2024

Highlights: The ChatGPT developer has received USD 13 billion in funding to date from the massive software and cloud computing company, the majority of which has come in the form of cloud infras...

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magic ai and codeium raise funding worth usd 320 m and usd 150 m

  Insights Desk   Sep 02, 2024

Highlights: Magic may be able to finance the creation of more AI models with the USD 320 million investment that it disclosed recently. Codeium, which also revealed a financing milestone, has...

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openai to reportedly raise new funding to reach over usd 100 b

  Insights Desk   Aug 29, 2024

Highlights: Less than half a year after surpassing the USD one billion milestone, OpenAI’s yearly recurring revenue reportedly exceeded USD two billion in February. A fresh round of fundin...

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furiosaai unveils a new accelerator chip for multimodal ai and llm

  Research Desk   Aug 27, 2024

Highlights: RNGD is built on TCP architecture, offering an optimal balance of performance, programmability, and efficiency. The RNGD chip features a 1 GHz frequency, 1.5 MB memory bandwidth, 2...

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