AI – SiliconANGLE

CEOs confront AI challenges: Cisco event captures perils and opportunities

Mark Albertson — Fri, 24 Jan 2025 23:19:55 +0000

As a new year begins to unfold, the operative word surrounding the enterprise world’s adoption of artificial intelligence is uncertainty. This notable lack of confidence can be seen in survey results recently unveiled by Cisco Systems Inc., which found that only 13% of responding companies were fully ready to capture AI’s potential. And that’s down […]

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Sam Altman reportedly backs $1B round for AI healthcare startup Retro Biosciences

Maria Deutscher — Fri, 24 Jan 2025 22:10:05 +0000

Retro Biosciences Inc., a startup using artificial intelligence to discover new drugs, is reportedly raising $1 billion in funding to support its research. The Financial Times today cited sources as saying that OpenAI Chief Executive Sam Altman is participating in the investment. He previously provided the initial $180 million funding round that helped launch Retro. […]

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New details emerge about Project Stargate as Meta discloses $60B+ AI investment

Maria Deutscher — Fri, 24 Jan 2025 20:03:23 +0000

New details have emerged about Project Stargate, the $500 billion initiative through which OpenAI hopes to build a cluster of artificial intelligence data centers. The Financial Times reported on Thursday that the project currently lacks a fully developed plan. The initiative’s funding has not been finalized either, sources told the publication. OpenAI, SoftBank Group Corp. […]

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AI spurs an explosion in data center spending. Can it all pay off?

Robert Hof — Fri, 24 Jan 2025 17:38:07 +0000

TikTok returned early this week after a short pause thanks to newly minted President Trump, but it was his other executive orders on AI and crypto that are likely to roil the business world. Meanwhile, Trump’s memecoins and loosening of crypto rules provide a way to funnel money to him while he’s president: corruption in broad daylight. […]

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Report: ByteDance sets aside about $20B for AI spending this year

Mike Wheatley — Fri, 24 Jan 2025 02:44:11 +0000

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today. The report cites two anonymous people familiar with the matter as saying that around half of the amount […]

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Palona AI gets $10M to build more reliable customer service chatbots that don’t make mistakes

Mike Wheatley — Fri, 24 Jan 2025 01:18:02 +0000

A trio of artificial intelligence engineers who previously led projects at Google LLC, Meta Platforms Inc. and Samsung Electronics Co. Ltd. say they have raised $10 million for a new startup that aims to make AI-powered customer sales chatbots more reliable and “emotionally attuned.” Palona AI, officially incorporated as Proactive AI Lab Inc., said today’s […]

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Trump signs new executive order on AI development, overturning Biden-era restrictions

Mike Wheatley — Thu, 23 Jan 2025 23:40:41 +0000

U.S. President Donald Trump is pushing for the development of artificial intelligence systems that are “free from ideological bias or engineered social agendas” in his latest executive order. The order, signed earlier today, is an effort to repeal previous U.S. government policies that some have interpreted as “barriers to American AI innovation.” Its chief aim […]

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OpenAI releases Operator agent as rivals enhance their AI services

Maria Deutscher — Thu, 23 Jan 2025 23:35:52 +0000

OpenAI today introduced Operator, an artificial intelligence agent that can automatically perform tasks on users’ behalf. Two of the company’s highest-profile rivals announced their own product updates in conjunction. Perplexity AI Inc., a startup with a popular AI search engine, introduced an agent similar to Operator for its Android app. Anthropic PBC, which already offers […]

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Galileo unleashes platform for evaluating AI agents

Paul Gillin — Thu, 23 Jan 2025 20:45:40 +0000

Galileo Technologies Inc., which makes tools for observing and evaluation artificial intelligence models, today unveiled Agentic Evaluations, a platform aimed at evaluating the performance of AI agents powered by large language models. The company said it’s addressing the additional complexity created by agents, which are software robots imbued with decision-making capabilities that enable them to […]

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Hugging Face open-sources world’s smallest vision language model

Maria Deutscher — Thu, 23 Jan 2025 19:54:59 +0000

Hugging Face Inc. today open-sourced SmolVLM-256M, a new vision language model with the lowest parameter count in its category. The algorithm’s small footprint allows it to run on devices such as consumer laptops that have relatively limited processing power. According to Hugging Face, it could potentially run in browsers as well. The latter feature is […]

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WebAI’s Companion is an AI assistant for enterprise employees that runs privately on their own devices

Mike Wheatley — Thu, 23 Jan 2025 14:00:00 +0000

The privacy-focused artificial intelligence development startup webAI Inc. said today it’s rolling out a new AI-powered assistant called Companion to help large organizations “supercharge” their productivity. Companion, webAI claims, is a “breakthrough” AI assistant that can be customized to support almost any kind of enterprise workload. Theh company is known for its focus on private […]

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Qdrant launches hardware-independent, GPU-accelerated vector indexing capability

Kyt Dotson — Thu, 23 Jan 2025 13:00:28 +0000

Qdrant, the developer of a high-performance open-source vector database, today introduced its graphics processing unit accelerated vector indexing capability that will make scaling up artificial intelligence applications easier. A vector index is a data structure used in information retrieval to store and pull out high-dimensional data, or a dataset with many features or variables, more […]

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AI procurement management software startup Vertice raises $50M

Mike Wheatley — Thu, 23 Jan 2025 01:27:19 +0000

Procurement software startup Vertice Technology Inc. said today it has finalized a $50 million funding round led by Lakestar, bringing its total amount raised to more than $100 million, and its valuation to a reported $500 million. Perpetual Growth and CF Private Equity also participated in the Series C round, alongside existing investors Bessemer Venture […]

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Eleos gets $60M in funding to transform behavioral healthcare with AI agents

Mike Wheatley — Wed, 22 Jan 2025 23:45:19 +0000

Eleos Health Inc. said today it has closed on a $60 million Series C round of funding, and will use the money to continue its mission of trying to transform the way behavioral healthcare is delivered by empowering clinicians with artificial intelligence assistants. Today’s round was led by Greenfield Partners and saw participation from existing backers […]

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Google reportedly invests $1B+ in OpenAI rival Anthropic

Maria Deutscher — Wed, 22 Jan 2025 22:16:07 +0000

Google LLC is investing more than $1 billion in Anthropic PBC, the Financial Times reported today. The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. […]

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Databricks completes $10B funding round, raises $5.25B in debt

Maria Deutscher — Wed, 22 Jan 2025 20:08:38 +0000

Databricks Inc. has closed the mammoth $10 billion funding round it announced last month. The company disclosed the milestone today alongside the completion of a new $5.25 billion debt raise. JPMorgan Chase led the latter deal with participation from Barclays, Citi and other financial institutions. Reports of Databricks’ funding round first emerged in November. At […]

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DigitalOcean dives into agentic AI creation, making it accessible to every developer

Mike Wheatley — Wed, 22 Jan 2025 16:00:17 +0000

The small developer team-focused cloud infrastructure provider DigitalOcean Holdings Inc. has become the latest company to embrace the agentic AI trend, launching a new GenAI Platform that enables teams to build and deploy AI agents in a matter of minutes. AI agents are one of the hottest trends in the artificial intelligence industry today, referring to […]

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Diesel Labs blends generative AI chat with big-data analysis to create synthetic focus groups for marketing teams

Mike Wheatley — Wed, 22 Jan 2025 14:00:52 +0000

Business intelligence startup Diesel Labs Inc. is merging generative artificial intelligence chat capabilities with its enormous, proprietary dataset on consumer attitudes to create a new tool called PanelAI that will deliver what it says are “unprecedented” consumer insights. Available now, PanelAI provides marketing and media teams with almost instantaneous access to actionable, real-time insights from […]

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API collaboration startup Postman wants to lead the charge in AI agent development

Mike Wheatley — Wed, 22 Jan 2025 14:00:48 +0000

Postman Inc., the well-funded startup that’s recognized as an industry leader in application programming interface development, says it’s getting into the business of developing artificial intelligence agents. The company says its new AI Agent Builder tool empowers companies to combine large language models with APIs and workflows to design, test and deploy intelligent AI-powered applications […]

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Nebius AI Studio adds its first text-to-image models to support creative app development

Mike Wheatley — Wed, 22 Jan 2025 13:00:54 +0000

Artificial intelligence computing infrastructure company Nebius B.V. today announced it’s updating its inference-as-a-service platform for developers with the addition of new, open-source text-to-image models. Nebius AI Studio provides a flexible, user-friendly environment for developers to get started building AI applications, and besides offering access to a vast collection of large language models, it’s also one […]

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AI search platform startup Doti AI raises $7M to address enterprise data and workflow challenges

Duncan Riley — Wed, 22 Jan 2025 13:00:20 +0000

Artificial intelligence-driven search platform provider Doti AI Ltd. announced today that it has raised $7 million in seed funding to enhance its platform’s AI capabilities, accelerate enterprise adoption, and strengthen security and compliance. Founded in 2024, the startup offers an AI-powered search platform designed to unify data across various work applications that allows teams to access information […]

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Perplexity launches Sonar API for building applications with search capabilities

Maria Deutscher — Tue, 21 Jan 2025 23:47:32 +0000

Perplexity AI Inc. today introduced an application programming interface that will enable developers to embed search features into their applications. The API is available in two editions: Sonar and Sonar Pro. Both use the company’s Sonar series of large language models to process search queries. The API’s release comes two months after Perplexity reportedly raised […]

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Balancing innovation and resilience with built-in cybersecurity

Ryan Stevens — Tue, 21 Jan 2025 22:24:15 +0000

Cybersecurity has become a cornerstone and a challenge for enterprises seeking to balance innovation with resilience. Businesses are incorporating cutting-edge technologies, such as artificial intelligence and cloud-native platforms, while many look to simplify the developer experience. For some, there’s been a goal to ensure a secure by default philosophy. That goal comes through eliminating common […]

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Delivery management platform Package.ai raises $14M for ‘Uber-like’ customer experience

Kyt Dotson — Tue, 21 Jan 2025 18:00:46 +0000

Package.ai, a platform that provides artificial intelligence-based delivery for retail operations and customer service, said today it has raised $14 million in a early-stage funding round led by Susquehanna Growth Equity. Founded in 2017 in Tel Aviv, Package.ai delivers what it calls the “full package” for retail operations using AI-enabled tools by combining high-touch customer […]

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On theCUBE Pod: The tech inauguration and the winners and losers of the next wave

Ryan Stevens — Tue, 21 Jan 2025 15:34:05 +0000

A special theCUBE Podcast this week brought insights from theCUBE’s East Coast studio at the iconic New York Stock Exchange. It comes at a time of significant technological and political change, coinciding with the “tech inauguration” and offering plenty for theCUBE Research industry analysts John Furrier (pictured, left) and Dave Vellante (right) to explore on the […]

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Gartner sees 10% IT spending jump in 2025, but don’t get too excited

Paul Gillin — Tue, 21 Jan 2025 08:30:06 +0000

Gartner Inc. expects worldwide information technology spending to grow 9.8% to $5.61 trillion in 2025, well ahead of the 7.7% increase in 2024, but don’t get your party hats out just yet. The research firm says much of the spending bump will cover price increases for existing products and services. “The median amount that CIOs are […]

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DeepSeek open-sources its R1 reasoning model series

Maria Deutscher — Mon, 20 Jan 2025 22:12:06 +0000

DeepSeek today released a new large language model family, the R1 series, that’s optimized for reasoning tasks. The Chinese artificial intelligence developer has made the algorithms’ source-code available on Hugging Face. The LLM lineup is headlined by two algorithms called R1 and R1-Zero. According to DeepSeek, the former model outperforms OpenAI’s o1 across several reasoning […]

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AI-powered robotics startup Sereact raises €25 million

Kyt Dotson — Mon, 20 Jan 2025 19:30:24 +0000

German artificial intelligence robotics startup Sereact GmBH today announced it raised €25 million, about $26 million, to accelerate the development of its AI models for robots and its robotics platform. The funding came from a Series A funding round led by Creandum, with participation from existing investors Point Nine and Air Street Capital. Founded in […]

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OpenAI CEO to brief US officials on advanced AI agents capable of complex tasks

Duncan Riley — Mon, 20 Jan 2025 00:06:45 +0000

OpenAI Chief Executive Officer Sam Altman is reportedly set to meet with U.S. government officials in Washington D.C. on Jan. 30 for a closed-door briefing on new technology, possibly “Ph.D.-level super-agents” that do complex human tasks. The latest claim comes from Axios, though details of the same meeting were reportedly shared a week ago with readers of […]

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Google bids for multimodal AI leadership

Paul Gillin — Sun, 19 Jan 2025 15:56:52 +0000

With some forecasts calling for the multimodal artificial intelligence market to grow more than 35% annually over the next few years, Google LLC is betting it can grab a pole position. The company’s cloud computing unit recently asserted that multimodal AI, which combines text, images, video, audio and other unstructured data with generative AI processing, […]

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