News by Soham Sharma
80 items

DeepFloyd IF, a powerful text-to-image model that can smartly integrate text into images
Generative AI has come a long way in recent years, with the ability to create realistic images from cityscapes to cafes. However, one of the challenges of text-to-image AI models has been incorporating text into images. DeepFloyd, a research group backed by Stability AI, has unveiled a solution: DeepFloyd IF, a text-to-image model that can "smartly" integrate text into images. DeepFloyd IF is trained on a dataset of over a billion images and text and uses multiple different processes stacked to
May 7, 2023
Microsoft's AI-Enhanced Bing
Microsoft has unveiled a range of features for Bing that heavily revolve around artificial intelligence (AI). Yusuf Mehdi, the CVP and consumer chief marketing officer, and other executives previewed the next few days, weeks and months of the Bing experience, which includes a range of improvements. The AI-powered chatbot Bing Chat, which uses OpenAI’s GPT-4 and DALL-E 2 models, has been a key feature in the development. Visitors to Bing have engaged in over half a billion chats and created more
May 5, 2023Slack introduces Slack GPT
Slack has announced its new feature, Slack GPT, which brings generative AI technology natively into Slack, aimed at unlocking exponential productivity gains in organizations. Slack GPT has been built on the foundation of Slack’s institutional knowledge, and it will enable AI to act on valuable data from a company's internal knowledge, the most trusted resource. The new feature includes an AI-ready platform to integrate and automate with the language model of choice, a set of AI features built di
May 5, 2023New LLM for Code Generation
StarCoder gives professional software engineers the power to tackle the most complex programming challenges and empowers citizen developers to build new software regardless of technical ability—accelerating AI innovation at scale.
May 4, 2023Simpplr Secures $70M
Simpplr, the AI-powered employee experience platform, has announced that it has secured $70M Series D funding led by Sapphire Ventures. This new funding will be invested in future growth and innovation of the leading employee experience (EX) platform. Simpplr is used by more than one million people worldwide, delivering increased engagement and measurable productivity gains for companies in NA, EMEA, and APAC. The continued rapid growth of Simpplr comes as companies recognize the complexity of
May 4, 2023
Pando Raises $30M
Supply chain software leader Pando has raised $30 million in a series B funding round, bringing its total capital raised to $45 million. The round was led by Iron Pillar and Uncorrelated Ventures, with participation from existing investors Nexus Venture Partners, Chiratae Ventures, Next47, and several prominent American CEOs and angel investors. The fresh funds will be used to drive Pando's growth across geographies and industries. Supply chain disruptions have been on the rise, hindering busin
May 4, 2023Nextdoor's Assistant Feature powered by ChatGPT
Nextdoor, the neighborhood social network, has announced the launch of a new feature powered by OpenAI’s ChatGPT, called “Assistant”. The feature is designed to help users write better posts that are more likely to drive positive community engagement. Nextdoor’s Assistant provides suggestions to users when writing new posts, helping them reword potentially harmful comments in a more friendly manner. The generative AI technologies used by Nextdoor can also analyze the topic and context of convers
May 4, 2023Box Launches AI
Box, the enterprise content management company, has announced the launch of a new suite of artificial intelligence (AI) capabilities called Box AI. The suite aims to natively integrate advanced AI models into the Content Cloud platform, while maintaining the company's enterprise-grade standards for security, compliance, and privacy. With Box AI, users will be able to access a wealth of knowledge residing within their enterprise content to get precise information quickly. Users will also be able
May 3, 2023
StableLM: Stability AI Language Models
With EleutherAI, a non-profit research hub, Stability AI had success in open-sourcing earlier language models, and their release of StableLM builds on that experience.
May 3, 2023
OpenAI secures $300M in share sales
OpenAI has made significant advancements in the study of artificial intelligence since its establishment in 2015. Its language model, GPT-3, is a prime example of how far AI technology has come.
May 1, 2023
Alexa's LLM Advancement
Amazon has been working tirelessly to improve its voice assistant, Alexa, and recently, the company announced that it's developing a new language learning model (LLM) that will improve Alexa's ability to understand and respond to different languages. The new LLM will enable Alexa to become more fluent in multiple languages, enhancing the user experience for those who use Alexa to communicate in different languages. The news is exciting, as it's yet another example of how rapidly technology is a
Apr 30, 2023
AirOps Raises $7M Seed
AirOps, a new platform for building AI applications to solve business problems, has raised $7 million in seed funding led by Wing VC, with participation from Founder Collective, XFund, Village Global, Apollo Projects, and Lachy Groom. The funding will help AirOps bring large language models (LLMs) to real business problems and build tools to equip business teams with powerful AI solutions. The team behind AirOps has worked on scaling startups like Masterclass, Bungalow, and Sisense, and they ha
Apr 30, 2023