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Author Archives: Jaime Hampton

Jaime Hampton

Databricks’ $1.3B MosaicML Buyout: A Strategic Bet on Generative AI

June 27th, 2023 Comments Off on Databricks’ $1.3B MosaicML Buyout: A Strategic Bet on Generative AI
Databricks is the latest company to place a large bet – to the tune of $1.3 billion – on generative AI. On the first day of its sold-out Data + AI Summit, the company announced a definitive agreement for the ...

AI Will Eliminate Roles – And We Want It To

June 26th, 2023 Comments Off on AI Will Eliminate Roles – And We Want It To
By implementing AI carefully and with purpose, enterprises have the opportunity to automate mundane tasks that typically require human cognitive skills, allowing their employees to focus on more strategic business initiatives. Learning to leverage AI will be a necessity ...

AWS Launches New $100M Generative AI Innovation Center

June 22nd, 2023 Comments Off on AWS Launches New $100M Generative AI Innovation Center
As the realm of artificial intelligence expands at a breathtaking pace, organizations around the globe find themselves grappling with a daunting challenge: navigating the vast array of generative AI products and services on offer. This complexity, coupled with the ...

OpenAI Explores Launching an AI Model Marketplace: Report

June 20th, 2023 Comments Off on OpenAI Explores Launching an AI Model Marketplace: Report
OpenAI is considering launching a new marketplace, according to a report from The Information. This marketplace, similar to an app store, would allow customers to sell their own custom AI models to other businesses, as per two people with ...

How to Avoid an AI Winter and Kick-start the AI Renaissance

June 20th, 2023 Comments Off on How to Avoid an AI Winter and Kick-start the AI Renaissance
Generative AI solutions like ChatGPT and Bard are both exciting and impressive in their ability to take in enormous datasets and build complex correlations to generate content from just a simple prompt. The massive advances realized by these approaches ...

AI Video Platform Synthesia Raises $90M Series C with Investment from Nvidia

June 16th, 2023 Comments Off on AI Video Platform Synthesia Raises $90M Series C with Investment from Nvidia
Producing quality content for professional videos can be time-consuming and expensive, but advances in AI technology are giving enterprises more options. One company making waves in this space is Synthesia, an AI video generation platform that has just raised ...

Zilliz Offers LLM-focused Features, New Pricing Model

June 14th, 2023 Comments Off on Zilliz Offers LLM-focused Features, New Pricing Model
Zilliz is looking to become the preferred vector database choice for LLM-powered applications through strategic enhancements and a cost-effective new pricing model that now includes a free tier. The company just announced the latest version of Zilliz Cloud, its ...

Monster API Launches the ‘Airbnb of GPUs’ with $1.1M Pre-seed

June 9th, 2023 Comments Off on Monster API Launches the ‘Airbnb of GPUs’ with $1.1M Pre-seed
A new platform from a Palo Alto-based startup aims to level the AI development playing field. Monster API has launched a platform it claims to be the “Airbnb of GPUs” and has secured $1.1 million in pre-seed funding. Generative ...

Cohere Raises $270M Series C to Empower Businesses with AI

June 9th, 2023 Comments Off on Cohere Raises $270M Series C to Empower Businesses with AI
Cohere, the provider of an AI development platform, announced it has raised $270 million in a Series C round. “AI will be the heart that powers the next decade of business success,” said Aidan Gomez, CEO and co-founder, Cohere. “As ...

Hyperion Research Predicts HPC-enabled AI Growth

June 8th, 2023 Comments Off on Hyperion Research Predicts HPC-enabled AI Growth
Hyperion Research presented its annual ISC breakfast HPC market update in Hamburg where it shared a forecast that worldwide HPC-enabled AI server revenue will grow by 22.7% (CAGR) over the next 5 years. Hyperion CEO Earl Joseph predicts that ...
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