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Business Technology

Exclusive-AI coding startup Magic seeks $1.5-billion valuation in new funding round

Magic, a U.S. startup developing artificial-intelligence models to write software, is in talks to raise over $200 million in a funding round valuing it...

Machine Learning

Baseten Launches Chains: The Framework Built for Compound AI Systems

Baseten, the leader in high-performance AI inference, is excited to announce the beta release of Chains. Built on the foundations of Baseten's open-source Truss framework, Chains...

Generative AI

AI21 Announces Availability of Jamba-Instruct on Amazon Bedrock

World's first production-grade SSM-Transformer model now available to Amazon enterprise customers worldwide AI21, a leader in building foundation models and AI systems for the enterprise,...

Machine Learning

Substrate closes $8M round to build API to accelerate AI deployment

Funding round led by Lightspeed Venture Partners will enable Substrate to support rapidly expanding market for inference solutions and bring modern AI capabilities to...

Generative AI

AI21 Appoints Sharon Argov as Chief Marketing Officer and Yaniv Vakrat as Chief Revenue Officer

AI21, a leader in AI systems for enterprise, announced the appointment of Sharon Argov as Chief Marketing Officer and Yaniv Vakrat as Chief Revenue Officer. These...

What Is Ethical AI and Why Is It Important in 2024?

The possibility of creating artificial intelligence, or AI, that can think raises many ethical concerns. In 2020, Google Vision AI incorrectly identified pictures of...

Business Technology

Databricks Unveils New Mosaic AI Capabilities to Help Customers Build Production-Quality AI Systems and Applications

Empowering customers to accelerate the application, quality iteration, and productionization of Generative AI across their businesses Databricks, the Data and AI company, announced several innovations...

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