AI

LatAm startup Vambe sees ARR skyrocket after pivot to conversational AI

AI /

When Nicolás Camhi, Matías Pérez Pefaur and Diego Chahuán (pictured above, left to right) launched Vambe last year, they were building a CRM for debt collection. But despite gaining traction, they soon realized that their customers were not as interested in their debt collection product as the WhatsApp AI agents Vambe had built to facilitate […]

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Data resilience firm Veeam scores $15B valuation in $2B secondary sale

Fundraising /

Veeam, which helps its users secure and recover their data, has seen its valuation spike in a recent secondary sale that was aimed at bolstering the company’s cap table before an eventual IPO. The Insight Partners-backed company said on Tuesday it had raised $2 billion in a secondary share sale that valued it at $15

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This ex-Scale AI leader built a platform to automatically extracts insights from customer feedback

Fundraising /

In this hyperconnected world we live in, it’s easier than ever to send feedback to the companies we patronize. But just because businesses offer more ways to get in touch doesn’t mean they’re poring over every comment. According to a 2020 survey from Productboard, 90% of companies fail to successfully capture feedback from all channels

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HuggingFace CEO has concerns about Chinese open source AI models

AI /

China’s open source AI models have been making the news lately for their strong performance on various AI tasks such as coding and ‘reasoning.’  However, they have also attracted criticism – including from OpenAI employees – for censoring topics sensitive to the Chinese government, such as the Tiananmen Square massacre. HuggingFace’s CEO Clement Delangue says

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Amazon SageMaker gets unified data controls

Apps /

It’s been close to a decade since Amazon Web Services (AWS), Amazon’s cloud computing division, announced SageMaker, its platform to create, train, and deploy AI models. While in previous years AWS has focused on greatly expanding SageMaker’s capabilities, this year, streamlining was the goal. At its re:Invent 2024 conference, AWS unveiled SageMaker Unified Studio, a

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Amazon announces Nova, a new family of multimodal AI models

AI /

At its re:Invent conference on Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, announced a new family of generative AI, multimodal models called Nova. There’s four text-generating models in total: Micro, Lite, Pro, and Premier. Micro, Lite, and Pro are available today for AWS customers, while Premier will arrive in early 2025, Amazon CEO

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AWS’ new service tackles AI hallucinations

Apps /

Amazon Web Services (AWS), Amazon’s cloud computing division, is launching a new tool to combat hallucinations — that is, scenarios where an AI model behaves unreliably. Announced at AWS’ re:Invent 2024 conference in Las Vegas, the service, Automated Reasoning checks, validates a model’s responses by cross-referencing customer-supplied info for accuracy. AWS claims in a press

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Meta says AI content made up less than 1% of election-related misinformation on its apps

Apps /

At the start of the year, there were widespread concerns about how generative AI could be used to interfere in global elections to spread propaganda and disinformation. Fast forward to the end of the year, Meta claims those fears did not play out, at least on its platforms, as it shared that the technology had

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World Labs’ AI can generate interactive 3D scenes from a single photo

Media & Entertainment /

World Labs, the startup founded by AI pioneer Fei-Fei Li, has unveiled its first project: an AI system that can generate video game-like, 3D scenes from a single image. Lots of AI systems can turn a photo into 3D models and environments. But World Labs’ scenes are unique in that they’re interactive — and modifiable.

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