Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Emergence, whose co-founders include Satya Nitta, the former head of global AI solutions at IBM’s research division, on Monday emerged from stealth with $97.2 million in funding from Learn Capital plus credit lines totaling […]
Emergence thinks it can crack the AI agent code Read More »
The majority of companies struggle to extract value from their data. Several years ago, Forrester reported that between 60% and 73% of data belonging to the average business goes unused for analytics. That’s because the data’s siloed or otherwise pigeonholed by technical and security considerations, making it difficult — if not impossible — to apply analytical tools.
OmniAI transforms business data for AI Read More »
OpenAI has acquired a company, Rockset, building tools to drive real-time search and data analytics. In a post on its official blog, OpenAI said that it would integrate Rockset’s technology to “power [its] infrastructure across products.” Members of Rockset’s team will join OpenAI, and Rockset’s existing customers will be transitioned off of Rockset’s platform “gradually.”
OpenAI buys Rockset to bolster its enterprise AI Read More »
Venture firms raised $9.3 billion in Q1 according to PitchBook data, which means this year likely won’t match or surpass 2023’s $81.8 billion total. While emerging managers are feeling the fundraising market’s frost the most, some emerging VCs like A* have enough name recognition, and a good enough track record, to still find success. A*,
Kevin Hartz’s A* raises its second oversubscribed fund in two years Read More »
Venture firms raised $9.3 billion in Q1 according to PitchBook data, which means this year likely won’t match or surpass 2023’s $81.8 billion total. While emerging managers are feeling the fundraising market’s frost the most, some emerging VCs like A* have enough name recognition, and a good enough track record, to still find success. A*,
Kevin Hartz’s A* raises its second oversubscribed fund in three years Read More »
AI-powered language learning app Speak is on a tear. Since launching in its inaugural market of South Korea in 2019, Speak has grown to over 10 million users, CEO and co-founder Connor Zwick told TechCrunch. Its user base has doubled every year for the last five years, and Speak now has customers in more than 40
Language learning app Speak nets $20M, doubles valuation Read More »
Move over, Perplexity. There’s a new AI-powered search engine in town — and its creators think it can best the many, many other attempts out there. Called Genspark, the platform taps generative AI to write custom summaries in response to search queries. Type in a search like, “What’s the best baby formula for newborns?” and
Genspark is the latest attempt at an AI-powered search engine Read More »
Brothers Tobie Morgan Hitchcock and Jaime Hitchcock spent years building cloud-based software-as-a-service (SaaS) systems together, ranging from tools to let golf courses measure “golfer engagement” to online platforms designed to assess job candidates. While the systems they built had wildly different functions, the unifying thread running through all of them was a dependence on databases
SurrealDB is helping developers consolidate their databases Read More »
AI systems and large language models need to be trained on massive amounts of data to be accurate but they shouldn’t train on data that they don’t have the rights to use. OpenAI’s licensing deals with The Atlantic and Vox last week show that both sides of the table are interested in landing these AI-training
Deal Dive: Human Native AI is building the marketplace for AI training licensing deals Read More »
Google has acquired Cameyo, a company developing virtualization tools to run Windows apps on ChromeOS devices, for an undisclosed amount. In a blog post, Cameyo CEO Andrew Miller and Google product lead Naveen Viswanatha wrote that the buy will benefit ChromeOS, Google’s lightweight Linux-based operating system, by giving ChromeOS users greater access to Windows apps
Google acquires Cameyo to bring Windows apps to ChromeOS Read More »
