Refuel AI, a company that aims to revolutionize the way enterprises create high-quality datasets for AI models, has raised $5.2 million in seed funding. The company uses large language models (LLMs) to automate the creation and labeling of datasets for every business and use case. Refuel AI plans to use the funding to expand its
AI
Meta has released the first version of I-JEPA, a machine learning model that learns abstract representations of the world through self-supervised learning on images. The model requires little to no human intervention and performs strongly on computer vision tasks, making it much more efficient than other state-of-the-art models that require more computing resources for training.
JustCall, a contact center software provider backed by Sequoia Capital, has recently introduced JustCall iQ, an AI-driven conversational intelligence platform for small and medium-sized businesses (SMBs). This solution is designed to enhance the performance of call center sales teams, operations, and customer support. Features and Benefits JustCall iQ uses AI to provide real-time coaching and
A recent study conducted by Abnormal Security, an email security platform, has revealed the increasing use of generative AI in creating authentic and persuasive email attacks. The study analyzed the probability of AI-generated novel email attacks intercepted by the platform and found that cybercriminals are utilizing GenAI tools to craft email attacks that are becoming
Many big companies are currently embracing generative AI tools, but what impact will this have on the economy? McKinsey & Company, a global consulting leader, has attempted to quantify the trend in a new report titled “The Economic Potential of Generative AI”. The report finds that GenAI could add $2.6 trillion to $4.4 trillion annually
ServiceNow recently announced the launch of its latest generative AI solution, Now Assist for Virtual Agent. It aims to revolutionize self-service by providing intelligent and relevant conversational experiences. ServiceNow’s Now Platform enables customers to streamline digital workflows and optimize productivity by integrating generative AI capabilities. Features of Now Assist for Virtual Agent Now Assist for
Oracle Corporation, a software giant famous for its database technology, has announced its partnership with Cohere, a Toronto-based start-up that specializes in building and training large language models (LLMs). The two companies are developing a cloud service that would enable enterprises to train their custom LLMs using their private data while protecting their privacy and
WordPress has recently launched Jetpack AI Assistant, a new tool that uses generative AI technology to help users create and edit blog posts. The tool is now readily available on WordPress.com and can be accessed by users with WordPress blogs hosted on other platforms by utilizing a Jetpack plugin. The AI assistant can tailor and
Microsoft has recently launched Azure OpenAI Service for government and announced new commitments to customers looking to integrate generative AI into their organizations in a safe, responsible, and secure manner. The new service represents Microsoft’s continued move towards mainstreaming AI and ensuring that its AI solutions and approaches are trustworthy. Government agencies and civil services
Contextual AI, a new AI startup founded by veterans of Facebook AI Research (FAIR) and Hugging Face, has raised $20 million in a seed round. The company will focus on developing specialized artificial intelligence (ASI) that can solve problems faced by businesses. The funding was led by Bain Capital Ventures (BCV), with participation from Lightspeed,