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Ellie Ramirez-Camara

News by Ellie Ramirez-Camara

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This Week in AI: June 24–30
Adept and Stability AI announced leadership changes; OpenAI bought the collaboration platform Multi; Synthesia upgraded its platform; the RIAA is suing Suno and Udio; Google released Gemma 2; and much more.
Jul 1, 2024
Adept announced it will undergo substantial restructuring and refocus its business strategy
Adept, an AI company focused on developing autonomous agents for software-based workflows, announced a strategic shift to focus solely on agentic AI solutions, and a change in leadership that will drive the company forward as its product-based vision helps businesses solve real-life problems.
Jul 1, 2024
The LLM Compiler is Meta's most recent hit
Meta's new LLM Compiler, an open-source AI model suite, revolutionizes code optimization and compiler design by demonstrating impressive capabilities in understanding and manipulating complex code structures, potentially transforming software development practices.
Jul 1, 2024
Vertex AI positions itself as an enterprise-ready generative AI solution with new models and capabilities
Google Cloud's Vertex AI platform has enhanced its enterprise-ready generative AI offering with new models like Gemini 1.5 Flash and Imagen 3, third-party model integrations, cost-saving features, and advanced data grounding options to boost performance.
Jul 1, 2024
Google released Gemma 2 to researchers and developers worldwide
Google's newly released Gemma 2 offers state-of-the-art performance in open AI models, featuring improved efficiency, broad compatibility, and a focus on responsible AI development, aimed at empowering researchers and developers worldwide.
Jul 1, 2024
TIME is embracing the era of AI through partnerships with OpenAI and ElevenLabs
TIME, a 101-year-old global media brand, has partnered with AI companies OpenAI and ElevenLabs to enhance its digital content delivery, granting OpenAI access to its archives for AI training while implementing ElevenLabs' automated voiceover technology on its website.
Jun 30, 2024
MagicSchool AI raised a $15M Series A to reimagine the place of AI in the classroom
MagicSchool AI, founded by former educator Adeel Khan, is a rapidly expanding technology platform that has attracted significant user growth and investor backing. The MagicSchool platform offers AI-powered tools for educators to combat teacher burnout and enhance learning experiences.
Jun 30, 2024
Creatio's latest $200M funding round put the company at a $1.2B valuation
Creatio, a leader in AI-powered no-code platforms for CRM and workflow automation, has secured $200 million in funding at a $1.2 billion valuation, marking its entry into unicorn status and boosting its global expansion.
Jun 30, 2024
Prewave secured a €63M Series B to expand its supply chain risk management platform
Prewave, an AI-powered supply chain risk management platform, has secured €63 million in Series B funding to expand globally and develop its superintelligence platform, addressing growing supply chain challenges and regulatory complexities for businesses.
Jun 30, 2024
Data connectivity leader CData secures a ~$350M investment round
CData Software has secured approximately $350 million in funding from Warburg Pincus and Accel to accelerate its growth and innovation in data connectivity solutions, aiming to address the increasing challenges of data integration across multiple sources.
Jun 30, 2024
Hugging Face's Open LLM Leaderboard v2 increases difficulty and delivers fairer scores
Hugging Face has launched Open LLM Leaderboard v2, featuring new benchmarks, normalized scoring, and community-driven features to provide more challenging and meaningful evaluations of large language models.
Jun 28, 2024
Figma is launching a collection of AI-powered features to enhance creativity
Figma has introduced Figma AI, a suite of AI-powered features that aim to enhance designers' creativity and efficiency through visual search, productivity-enhancing tools, quick prototyping, and more. The company also emphasized its commitment to responsible AI development and data privacy.
Jun 27, 2024