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Legal AI-focused firm Harvey raises $21M led by Sequoia
Harvey, a generative AI startup focused on the legal profession, announced Wednesday that it has raised $21 million in funding. Sequoia Capital led the Series A funding round, which follows up a $5 million funding round in November from OpenAI LP’s startup fund, the developer of the ChatGPT AI chatbot technology. The OpenAI Startup Fund ...
PricewaterhouseCoopers announces multiyear $1B investment into generative AI
PricewaterhouseCoopers LLP announced plans today to invest $1 billion in generative artificial intelligence that will expand its offerings for clients in the U.S. to use the technology to power their businesses. As part of the investment, PwC also announced an expanded partnership with Microsoft Corp. to build on ChatGPT developer OpenAI LP’s GPT-4 AI large ...
UK regulators block Microsoft’s Activision Blizzard acquisition, citing cloud gaming concerns
The United Kingdom’s antitrust regulator, the Competition and Markets Authority, has stifled Microsoft Corp.’s deal to acquire Activision Blizzard Inc. in a dramatic move after a monthlong investigation, stating that the deal would “alter the future of the fast-growing cloud gaming market.” Microsoft announced its plans to acquire Activision Blizzard, in January last year for ...
Moveworks launches no-code conversational AI creation platform for enterprise
Moveworks Inc., a conversational artificial intelligence platform for enterprise, today announced the launch of Creator Studio, a no-code generative AI platform that allows customers to build their own large language model interfaces to serve as enterprise-wide conversational AI chatbots for employees. Enterprise companies exist as large, sprawling information networks built on cloud-based applications and systems ...
AiXplain raises $8M for low-code/no-code AI app development platform
AiXplain Inc., the maker of a low-code/no-code artificial intelligence app development platform, said today that the company has raised $8 million in seed funding led by Transform VC and Calibrate Ventures to continue building out features. Using aiXplain’s platform, users can quickly develop, manage, benchmark and deploy AI applications with one click using an integrated ...
Google Cloud expands startup program to boost emerging Web3 projects
Alphabet Inc.’s Google Cloud today announced that it’s broadening its outreach to Web3 and blockchain startups to enable emerging projects building in the industry to get started faster through an expansion of the Google for Startups Cloud Program to include Web3-specific benefits. Web3 technology, otherwise known as the decentralized web, allows for peer-to-peer transactions using ...
Nvidia open-sources software to add guardrails to AI chatbots
Nvidia Corp. announced today that the company is releasing NeMo Guardrails into open source, providing a framework for developers to ensure that generative artificial intelligence chatbots remain accurate and secure for users. The newly released software comes as many industries are adopting these AI chatbots, powered by large language models, at an increasing pace. These ...
Google Cloud enhances API protection with machine learning abuse detection
With an increasing number of threats to business security and the growth of application programming interface traffic, Google LLC’s cloud division today announced an API abuse detection dashboard powered by machine learning algorithms. The new feature extends Google’s Apigee Advanced API Security dashboard and focuses on business logic attacks because they are notoriously difficult to ...
Google Bard AI chatbot can now generate and debug code
Google LLC updated its Bard artificial intelligence chatbot’s capabilities today so that it can now assist with developing software, including code generation, debugging and explaining what code snippets do. The chatbot’s rivals, OpenAI LP’s ChatGPT and Microsoft Corp.’s Bing AI already support code generation. Paige Bailey, group product manager at Google Research, said that the ...
CoreWeave raises $221M to expand GPU-focused cloud computing infrastructure
CoreWeave Inc., a cloud compute provider that specializes in large-scale graphics processing unit-accelerated workloads, said today that it secured $221 million in funding that it will use to expand its operations. The Series B round was led by Magnetar Capital and included participation from the chipmaker Nvidia Corp., former GitHub Chief Executive Nat Friedman and ...