Snowflake says its new LLM outperforms Meta’s Llama 3 on half the training

Snowflake, a leading data warehousing cloud vendor, has made a significant advancement in artificial intelligence (AI) by introducing an open-source large language model called Arctic. Snowflake claims that Arctic outperforms Meta’s Llama 3 and offers enhanced efficiency in enterprise tasks like SQL coding for database retrieval while requiring less training compute budget. The company has […]

Investors are growing increasingly weary of AI

The AI industry is experiencing a downturn after enjoying years of abundant funding, as a report from Stanford’s Institute for Human-Centered Artificial Intelligence reveals. Global investment in AI declined for the second consecutive year in 2023, with both private investments in startups and corporate mergers and acquisitions witnessing a slump compared to the previous year. […]

AI startup Tome restructures to focus on paying customers, lays off staff

Startup Tome, known for its generative AI presentation tool, is undergoing a significant restructuring to target its paying customers – sales teams who utilize the product to quickly create personalized decks. The company plans to lay off 20% of its workforce and shift its focus towards enterprise sales and business-to-business software development. This strategic pivot […]

iOS 18 to include limited on-device AI features

Apple is gearing up to roll out a major upgrade for Siri with the upcoming release of iOS 18. The tech giant is focusing on enhancing its artificial intelligence capabilities, with a particular emphasis on privacy by processing data directly on the user’s iPhone without the need for cloud services. Reports indicate that the initial […]

The end-to-end AI chain emerges – it’s like talking to your company’s top engineer

Generative AI is emerging as a powerful tool that complements traditional AI by enabling highly interactive verbal inquiries and bridging the gap between operational and information technology functions. Peter Zornio, Senior VP and CTO for Emerson, highlights that generative AI and numerical AI represent two ends of a continuum in the AI landscape. While numerical […]

Limitless’ $99 AI wearable to promises to remember your meetings and, well, everything else

Limitless, formerly known as Rewind, is revolutionizing the world of work productivity by integrating its meeting transcription AI into a sleek wearable device called Pendant. In a departure from the complex functionalities that marred the reputation of Humane AI’s Pin wearable, Limitless is focusing solely on improving meetings. The Pendant, designed for effortless use, can […]

Meta is stuffing its AI chatbot into your Instagram DMs

Meta AI, Meta’s general-purpose, AI-powered chatbot, has made its debut on Instagram, offering users the ability to ask questions, write poetry, and generate images through simple text prompts. The introduction of Meta AI to Instagram follows its unveiling in September 2023 and subsequent integration into other Meta-owned platforms like Facebook Messenger and WhatsApp.   Although […]

Early OpenAI investor bets on alternative Sam Altman’s approach to AI

The latest advancements in AI have revolutionized the field by eliminating the need for human involvement in certain processes. Deep learning has ushered in a new era where machines can teach themselves tasks without human labeling of data. This development has significantly boosted the capabilities of neural networks, particularly with the introduction of architectures like […]

Amazon CEO: generative AI ‘may be the largest technology transformation since the cloud’

Amazon CEO Andy Jassy, in his annual letter to shareholders, emphasized the increasing significance of artificial intelligence (AI) in shaping Amazon’s future and the broader tech industry landscape. Jassy highlighted that AI is becoming pivotal for Amazon’s operations and anticipates its value will only grow in the years ahead. With a bold assertion, Jassy stated […]

Humane’s AI “Pin” Is a $700 Flaming Dumpster Fire

Humane, an AI startup that generated significant buzz after securing $100 million in funding for its “Pin” device, has recently faced reviews that label the gadget as disappointing. Priced at $700, with an additional $24 monthly subscription fee, the lapel-mounted, screenless Pin struggled to perform basic tasks like accurately reporting the weather and translating text. […]

Meta will require labels on more AI-generated content

Meta is updating its policy regarding AI-generated content on Instagram, Facebook, and Threads by introducing a new “Made with AI” label starting in May. The company admits that its current policy is too narrow and will now expand it to include more video, audio, and image content. This decision follows recommendations from Meta’s Oversight Board, […]

eBay adds an AI-powered ‘shop the look’ feature to its iOS app

eBay has introduced a new AI-powered feature called “shop the look” on its iOS mobile app targeting fashion enthusiasts. This feature suggests outfit ideas and images based on the customer’s shopping history, incorporating interactive hotspots that reveal similar items and outfit inspirations. The personalized recommendations will evolve as the customer shops more, aiming to show […]

Steve Cohen says his financial firm can already save $25 million by using AI

Billionaire investor Steve Cohen, founder of Point72 Asset Management, shared insights on the impact of artificial intelligence (AI) in the business world during an interview with CNBC’s Andrew Ross Sorkin. Cohen revealed that his financial firm has harnessed early AI models to achieve significant cost savings, citing an example where the firm could save $25 […]

AI business is booming: ChatGPT Enterprise now boasts 600,000+ users

OpenAI’s ChatGPT Enterprise, a tailored version offering enhanced security, extended context windows, and GPT-4 access, is gaining popularity in the corporate world. Recent reports indicate a surge in demand, with over 600,000 users signed up, marking a significant increase from just 150,000 earlier this year. The company’s COO, Brad Lightcap, heralds 2024 as the year […]

Is HR ready for generative AI? New data says there’s a lot of work to do

In 2023, generative AI emerged as the technology that IT departments are under pressure to leverage, with C-suite executives being the top influencers pushing for rapid implementation. However, a significant number of IT organizations struggle to meet the surging demand for AI-related projects, citing challenges such as unreasonable expectations from business stakeholders, integration difficulties, and […]

ChatGPT might get its own dedicated personal AI device – with Jony Ive’s help

OpenAI CEO Sam Altman and ex-Apple design guru Jony Ive are reportedly teaming up to seek funding for an AI-powered personal device, much like the Humane AI Pin. The duo is rumored to have established a new company with plans to create a device that won’t resemble a traditional smartphone and will rely on AI […]

SaaS entrepreneur Raisinghani’s new AI venture nabs $5.5M to boost sales efficiency

SiftHub, an AI startup led by Manisha Raisinghani, the former CTO and co-founder of LogiNext, has secured $5.5 million in seed funding to develop its AI assistant tailored for sales and presales teams. The AI assistant aims to streamline tasks like data entry, RFP requests, customer research, and presentation creation, allowing sales professionals to focus […]

Indeed announces AI-powered work experience writer and support for multiple resumes

Indeed has unveiled a revamped profile page with enhanced AI-powered features to improve user experience and better compete with industry rivals. The platform now offers an AI-driven writer to assist users in crafting detailed work descriptions and the ability to save up to five resumes for tailored job applications across various roles.   In a […]

Reltio expands master data management with AI-powered Customer 360 Data Product

Reltio, a company specializing in master data management (MDM), has introduced a new product called Reltio Customer 360 Data Product, expanding into the Customer Data Platform (CDP) space. This product, built on the Reltio Connected Data Platform, aims to provide organizations with a unified view of customers. Incorporating advanced AI features such as the Reltio […]

Read AI raises $21M to bring connected intelligence to meetings, email, and messaging

Read AI, a prominent player in AI technology for meeting summaries, has secured a significant $21 million in Series A funding led by Goodwater Capital and participated in by existing investor Madrona Venture Group. This funding will fuel the company’s mission of revolutionizing the future of work by integrating artificial intelligence into every work interaction. […]



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