Kyt Dotson
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Shopify cuts staff by 20% and sells logistics arm to Flexiport
Shopify Inc., an e-commerce giant that builds platforms for the enterprise and small businesses, announced today that it’s laying off 20% of its workforce, affecting more than 2,000 employees, and will sell most of its logistics business to Flexiport Inc. This news comes less than a year after the company let go 10% of its ...
Microsoft supercharges Bing Chat and Edge with new AI-powered features
With the global phenomenon of generative artificial intelligence sweeping the industry, Microsoft Corp. today announced that it’s bringing new features to its Bing Chat AI-powered search designed to provide a richer search experience for users. Bing’s AI search has also been opened up to more people by moving it from a limited preview to open ...
Salesforce builds generative AI features into Slack
Salesforce Inc. today announced that its collaboration platform Slack will be getting native conversational artificial intelligence integration with Slack GPT, building the AI directly into the chat interface. With Slack GPT the new features will use generative AI and the ability to access company customer data directly from Salesforce’s customer relationship management systems such as ...
Databricks acquires Okera to address AI data governance
Big-data analytics firm Databricks Inc. said today that it has acquired Okera Inc., a data governance platform with a focus on artificial intelligence, in a bid to expand its own governance and compliance capabilities for machine learning and large language model AIs. The two companies did not disclose the terms of the deal, but Okera has ...
MosaicML launches Inference to reduce enterprise generative AI deployment costs
Generative artificial intelligence provider MosaicML Inc. today announced the launch of MosaicML Inference for enterprises, which greatly reduces the costs for developers to scale and deploy AI models for their own applications. MosaicML provides infrastructure for enterprise customers to easily and affordably deploy large scale large language models, such as underpins OpenAI LP’s ChatGPT AI ...
IBM could replace up to 7,800 jobs with AI in a few years, CEO says
As artificial intelligence is making its way into the workforce and potentially automating jobs, IBM Corp. is already talking about how that will affect the future of its workers as the company plans to pause hiring for back-office jobs that could be done by AI. In an interview with Bloomberg on Monday, IBM Chief Executive ...
GitLab and Google Cloud partner to power generative AI-assisted DevSecOps features
DevSecOps company GitLab Inc. today announced an expansion of its partnership with Google Cloud to deliver new generative artificial intelligence-powered features for developers directly within its platform while maintaining security and privacy standards. Generative AI is the technology that underlies OpenAI LP’s ChatGPT chatbot and Google Bard. It’s capable of generating new content from large ...
Algolia launches AI-powered NeuralSearch vector and keyword search API
Hosted search and discovery platform for enterprise Algolia Inc. today launched NeuralSearch, a vector and keyword search engine using a single application programming interface that provides end-to-end artificial intelligence processing for every query. Algolia NeuralSearch uses an advanced large language model, the same AI technology that OpenAI LP’s ChatGPT is built on, to learn and improve ...
Robinhood launches ‘Connect’ to allow users to fund Web3 wallets and apps
Robinhood Markets Inc., a commission-free stock trading and investing platform, Thursday introduced “Robinhood Connect,” a new feature that will allow users to fund their Web3 wallets and decentralized apps directly using their Robinhood Crypto accounts. Users of Web3 decentralized apps face a challenge when trying to get cryptocurrency tokens for their wallets and apps. Often, ...
Pinecone raises $100M as generative AI drives demand for vector database technology
New York City-based vector database company Pinecone Systems Inc. which enables long-term memory for large language model and generative artificial intelligence systems such as OpenAI LP’s GPT-4 said today that it has raised $100 million on a valuation of $750 million. Andreessen Horowitz led the Series B funding round, with participation from new investor ICONIQ ...