Google Cloud Next '24 took place last week and featured an opening keynote delivered by CEO Thomas Kurian. The keynote was brimming with announcements covering everything from its AI Hypercomputer to the newly Gemini-infused Workspace, as Google revamped every layer in its AI stack.
PVML launched after completing a successful seed funding round; AMD and Intel announced edge-optimized devices; Intel took a shot at NVIDIA's H100 with the Gaudi 3 announcement; The next generation of Llama models will be available very soon; Forbes released its sixth annual AI 50; and more.
xAI recently announced the preview availability of Grok-1.5V, its first multimodal foundation model. Grok-1.5V features competitive performance in visual information processing tasks and is the first model diving into real-world spatial understanding.
Forbes has released its sixth annual AI 50 list. Carefully curated from a pool of around 1,900 submissions, the list recognizes the top contenders in what has become a very competitive industry.
Cohere's newest foundation model is Rerank 3, which specializes in retrieval-augmented generation capabilities. Rerank 3 boasts a 4K context length window, multi-aspect and semi-structured data search, multilanguage support, improved latency, and a lower cost.
Symbolica AI came out of stealth with a $33 million investment led by Khosla Ventures to harness the power of traditional symbolic AI to help customers build accurate, efficient, and cost-effective models for tasks such as code generation and theorem proving.
Sapien, a company specializing in the gamification of the data annotation experience for human annotators, recently closed a successful $5 million seed funding round. The company will invest the funding into accelerating its mission and continue developing its gamified labeling infrastructure.
PVML has emerged from stealth mode to announce it secured $8 million in a seed funding round led by NFX and backed by Gefen, FJ-Labs, and key figures in the data security industry. The company also announced the launch of its data access platform, currently available on a per-request basis.
DeepCure recently secured $24 million in a Series A-1 funding round led by IAG Capital Partners and backed by its existing investors. DeepCure seeks to leverage its Molecular Foundry to shorten the times for the drug development cycle without sacrificing novelty and diversity.
Scavenger AI announced a successful 1.1 million EUR pre-seed funding round led by HTGF and backed by Calm/Storm Ventures, Femventix, and the B4i Fund. The secured funds will enable Scavenger AI to grow its team and infrastructure, as well as launch its AI-powered software solution.
Gilion secured €10 million in equity after a substantial growth increase during 2023. Gilion's proprietary engine delivers access and insights into tech companies' historical and future performance as a basis for the company to provide non-dilutive loans to growth-stage companies.
Onum announced its successful $28 million Series A funding round that will accelerate key talent hires, product development, and global expansion. Onum automatically ensures that only the most valuable enterprise data gets sent to analytics platforms, cutting costs, and optimizing time to value.