AI

Mistral releases new AI models optimized for laptops and phones

French AI startup Mistral has released its first generative AI models designed to be run on edge devices, like laptops and phones. The new family of models, which Mistral is calling “Les Ministraux,” can be used or tuned for a variety of applications, from basic text generation to working in conjunction with more capable models […]

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Support automation firm Capacity grows with new cash and acquisitions

David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D.

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Relyance lands $32M to help companies comply with data regulations

As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble

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