News

Runway AI Aims for USD 450 M Amid AI Startup Interest

  Insights Desk    Jul 03, 2024

Highlights: Runway provides an AI platform that improves the process of creating and editing videos. The company’s AI-driven solutions aim to streamline the production of high-quality video ...

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Gen AI Coding Assistant Startup Magic AI Aims to Raise USD 200 M

  Insights Desk    Jul 03, 2024

Highlights: The funding discussions underscore the significant promise that investors perceive in generative AI coding technologies. Magic AI’s upcoming tool reportedly allows software engin...

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Anthropic Introduces New Program to Fund Enhanced AI Benchmarks

  Insights Desk    Jul 02, 2024

Highlights: Anthropic’s initiative arises from increasing critiques of current AI model benchmark tests, including the biannual MLPerf evaluations conducted by nonprofit organization MLCommons....

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Meta to Open-source Meta LLM Compiler for Code Optimization

  Insights Desk    Jun 28, 2024

Highlights: Researchers from Meta stated in the report that the LLM Compiler can now accomplish tasks that were previously limited to human or specialized tool performance because of its improved...

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Clay Raises USD 46 M to Enhance AI-driven Sales Marketing

  Insights Desk    Jun 28, 2024

Highlights: Clay offers AI-driven services such as personalized messaging, enabling users to create and send targeted emails using enriched data. Clay leverages its AI capabilities to automate...

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OpenAI Introduces CriticGPT to Ensure Accurate Model Outputs

  Insights Desk    Jun 28, 2024

Highlights: OpenAI trained CriticGPT on a dataset with intentional bugs to teach it to identify and flag common coding errors. OpenAI asserts that CriticGPT can detect even the most nuanced mi...

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Norm Ai Raises USD 27 M to Expand the Utility of AI Agents

  Insights Desk    Jun 27, 2024

Highlights: The company claims that its AI and legal engineering team has created a proprietary language that can be read by large language models and expresses corporate policies and government ...

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Dappier Secures USD 2 M in Funding for its AI Data Marketplace

  Insights Desk    Jun 27, 2024

Highlights: Dappier runs a marketplace where publishers can offer their content to developers for integration into AI projects. The company states that its marketplace supports AI models emplo...

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OpenAI’s ChatGPT App is Available for Mac with a Few Features

  Insights Desk    Jun 27, 2024

Highlights: In May, OpenAI originally introduced the ChatGPT Mac software along with the release of GPT-4o. It seems unlikely that all ChatGPT customers will have access to advanced speech mod...

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Etched.ai Raises USD 120 M to Challenge Nvidia in AI Chip Market

  Insights Desk    Jun 27, 2024

Highlights: Sohu is an AI chip designed to train, deploy, and optimize transformer models, which is crucial for large language models like ChatGPT, Claude, and Gemini. Sohu was built using Tai...

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