Pixevia secured €1.5M to expand the presence of its smart stores
Pixevia, a Lithuanian startup offering an AI-powered platform for a full suite of retail applications, has raised €1.5M to fuel its expansion in the US and Europe.
Stack AI raised $3M to connect the latest AI innovations with the most urgent applications
Y Combinator-backed Stack AI recently announced the closing of its oversubscribed $3 million seed funding round, led by Gradient Ventures. Stack AI will leverage the raised funds to become the go-to platform for deploying AI solutions.
Pinecone's serverless vector database is generally available on AWS
Pinecone serverless is now generally available on AWS. Four months into the public preview launch, Pinecone serverless has enabled over 20,000 companies to build fast, accurate, cost-effective generative AI. Pinecone also launched the Private Endpoints for AWS PrivateLink public preview.
Scale has raised $1B to secure data abundance for AI
Scale has announced it closed a $1 billion Series F round. The Series F was led by existing investor Accel, with participation from existing and new investors. The funds will be used so Scale's data foundry can accelerate the abundance of frontier data required by current AI demands.
The European Union's AI Act has finally crossed the finish line
The European Council has approved the AI Act, which will establish comprehensive, risk-based rules governing the development and use of artificial intelligence systems across the EU, aiming to ensure AI is safe and trustworthy while protecting fundamental rights and promoting innovation.
OpenAI shared more about how it cast ChatGPT's voices
As OpenAI prepares to launch a new, GPT-4o powered Voice Mode for ChatGPT, the company has decided to share some insights into the casting process behind Breeze, Cove, Ember, Juniper, and Sky, the voices that have come to characterize ChatGPT.
Slack seems to have sneakily opted-in its customers to AI training
Slack faced backlash after a user figured that Slack's Privacy Principles allowed analyzing customer data for non-generative AI models. This led to confusion surrounding Slack's user privacy policies, especially considering Slack now offers an LLM-powered service, Slack AI.
This Week in AI: May 16–20
OpenAI scores yet another data licensing deal; highlights from Google's I/O 2024; Claude 3 is finally available in Europe; Sony Music Group has opted out of all present and future unauthorized data mining attempts; Researchers are helping AI master sarcasm; and more.
Sundar Pichai says Google is fully in its Gemini era
Google I/O 2024 was the perfect opportunity for the company to showcase its AI integrations across Search, Photos, Workspace, Android, and more. Read more for a rundown of Google's major AI announcements.
Mastering sarcasm is AI's latest frontier
Researchers at the University of Groningen have developed an AI system that accurately detects sarcasm in unlabeled sitcom scenes. The research team sees AI's mastery of sarcasm as a necessary step towards more natural communication with AI.
Leya raised $10.5M for its legal work-transforming AI-powered assistant
Stockholm-based legal tech company Leya raised $10.5 million to scale its AI assistant tailored for lawyers to handle knowledge work across legal practice areas, freeing attorneys to focus on higher-level tasks.
LanceDB secured $11M to build a database for the era of AI
LanceDB is working on a database built with the open-source Lance columnar database format that can handle the demands of multimodal data type storage and retrieval. The company, which already boasts some industry-leading customers, secured $11 million in funding to accelerate product development.