News

LanceDB Secures USD 8 M Funding for AI Acceleration

  Insights Desk    May 16, 2024

Highlights: LanceDB provides a vector-focused open-source database, also known as LanceDB. LanceDB stores its data using a proprietary file format known as Lance. LanceDB Inc., a creator of...

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OpenAI Debuts GPT-4o: A Flagship Model with Live Multimodal Features

  Insights Desk    May 14, 2024

Highlights: The company states that GPT-4o, with “o” representing “omni,” aims to make conversing with AI feel akin to interacting with a human. ChatGPT users will soon have free acces...

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OpenAI’s New Artificial Intelligence-powered Search Product To Launc...

  Insights Desk    May 10, 2024

Highlights: Citing two sources familiar with the matter, Reuters reported that the announcement date, which could be subject to change, maybe intentionally timed to precede Google’s annual I/O ...

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Mistral AI’s New Funding Pursuit Valuated at USD 6B

  Insights Desk    May 10, 2024

Highlights: Mistral, headquartered in Paris, was launched last April and secured approximately $500 million in funding over the subsequent eight months. In its most recent funding round, a USD 41...

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Google DeepMind Unveils AplhaFold to Predict Biomolecules’ Structure

  Insights Desk    May 09, 2024

Highlights: The company’s initial version of the model, which appeared in 2021, was concentrated on a single class of biomolecules: proteins. Apart from predicting the biomolecules’ shape,...

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Microsoft’s AI Data Center Boosts Wisconsin’s Economy

  Insights Desk    May 09, 2024

Highlights: Wisconsin’s plan focuses on investing in cloud computing and AI infrastructure, as well as developing what Microsoft refers to as the United States’ “first manufacturing-focused...

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DatologyAI’s Series A Funding Raises USD 46M

  Insights Desk    May 09, 2024

Highlights: DatologyAI’s Series A round was spearheaded by Viv Faga and Astasia Myers from Felicis Ventures, with participation from existing investors like Radical Ventures and Amplify Partner...

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OpenAI’s Deepfake Detector to Combat Misinformation

  Insights Desk    May 08, 2024

Highlights: OpenAI has emphasized that it is fully aware that deepfakes are likely to become a more significant problem as technology advances. This underscores the critical importance of develop...

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Microsoft is Developing Large Language Model with 500 B Parameters

  Insights Desk    May 07, 2024

Highlights: The 500 billion parameters that Microsoft’s MAI-1 is said to have suggested that it might be positioned as a type of middle ground between GPT-3 and ChatGPT-4. It has been report...

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Docusign Inc. Acquires Lexion in an All-cash Deal Worth USD 165 M

  Insights Desk    May 07, 2024

Highlights: Docusign IAM is a platform introduced in April to assist companies in turning agreement data into insights and actions, speeding up contract review cycles, and increasing productivity...

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