News

AWS Plans to Spend USD 230 M in AWS Cloud Credits for AI Startups

  Insights Desk    Jun 14, 2024

Highlights: Offering free cloud credits is a common strategy used by major cloud providers like Google Cloud and Microsoft Azure. For generative AI companies, free cloud credits are enticing b...

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Databricks Debuts LakeFlow AI/BI to Simplify Data Analysis

  Insights Desk    Jun 13, 2024

Highlights: Organizations can utilize LakeFlow to construct data pipelines, which are software workflows capable of automatically transferring information between systems. AI/BI operates with ...

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Contact Center Automation Startup Cognigy GmbH Secures USD 100 M

  Insights Desk    Jun 12, 2024

Highlights: Cognigy reports that its platform handles hundreds of millions of contact center interactions annually for the enterprises within its user network. As per the company, LLMs enable ...

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Pegasystems Unveils AI-powered Enhancements at Conference

  Insights Desk    Jun 11, 2024

Highlights: Pega GenAI Blueprint utilizes design thinking principles to help individuals translate ideas into interactive blueprints, laying the groundwork for applications. The company is rev...

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Galileo’s Latest Evaluation Foundation Models to Assess LLMs

  Insights Desk    Jun 07, 2024

Highlights: Galileo CEO Vikram Chatterji reported that businesses must be able to assess hundreds, if not thousands, of AI solutions in near real-time for issues including toxicity, security thre...

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LLM Developer Cohere Raises USD 450 M at USD Five B Valuation

  Insights Desk    Jun 05, 2024

Highlights: Cohere claims that Command R is fluent in ten languages right out of the box and can expand its vocabulary by referencing data from other sources, such as databases. It is estimate...

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Kneron’s Latest Innovation Revolutionizes AI

  Insights Desk    Jun 05, 2024

Highlights: Kneron’s latest innovation, the KNEO 300, debuted in 2023 and has already garnered enterprise clients spanning financial services, manufacturing, and academia. Alongside the KNEO...

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AMD Unveils Ryzen 9 9950X, Fastest Consumer Desktop Processor

  Insights Desk    Jun 04, 2024

Highlights: The Ryzen 9 9950X, AMD’s latest flagship consumer desktop processor, functions at a base speed of 4.3 gigahertz, with the ability to boost up to 5.7 GHz when required. AMD’s im...

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The Cloudera Verta Agreement Strengthens AI Capabilities

  Insights Desk    Jun 04, 2024

Highlights: Verta promises to add more efficient retrieval-augmented generation (RAG) features to neural networks. With the use of RAG, a machine learning technique, an AI model’s knowledge bas...

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Google Partners with Magic Leap for Augmented Reality Deal

  Insights Desk    May 31, 2024

Highlights: The well-known early AR headset developer Magic Leap introduced its first headset, the Magic Leap One, in 2019. A consumer-focused technology, the Google Glass project from 2011 al...

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