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New Relic integrates with Amazon Q Business AI assistant to make observability understandable
Cloud and application observability company New Relic Inc. today announced a new integration between its artificial intelligence capabilities and Amazon Web Service Inc.’s enterprise AI assistant Amazon Q Business. The company said the new collaboration will provide business and information technology workers a new way to quickly deal with operational issues in a way they never ...
AWS enhances Q Developer AI assistant to reduce tedium, accelerate work
To make the lives of developers easier and reduce their workloads, Amazon Web Services Inc. released several updates to the company’s artificial intelligence software development assistant, Amazon Q Developer. New capabilities announced today at AWS re:Invent included AI agents to automate unit testing, writing documentation and producing code reviews to assist developers in building software ...
AWS unveils next-gen Trainium3 custom AI chips and cloud Trainium2 instances
Amazon Web Services Inc. today unveiled its next-generation custom chip for high-efficiency artificial intelligence training and delivery with Trainium3 and announced the general availability of AWS Trainium2-powered cloud instances that will put high performance AI capabilities in the hands of customers. Amazon revealed Trainium3 today during AWS re:Invent, the company’s annual conference on cloud computing, ...
Google expands Vertex AI with video generator AI model Veo
Google LLC’s cloud division today announced that Veo, Google’s artificial intelligence model that can generate lifelike video from text or images, will be available in private preview for customers via Vertex AI. The company also said that Imagen 3, Google’s highest-quality text-to-image AI model, will be available to all Google Cloud customers globally on Vertex. ...
AI chip startup Tenstorrent raises $693M, deepening rivalry with Nvidia
Artificial intelligence chip making startup Tenstorrent Inc. with ambitions of taking on Nvidia Corp. today announced it closed more than $693 million in late-stage funding at a pre-money valuation of $2 billion. Samsung Securities and AFW Partners led the Series D funding round. The fundraise also attracted participation from many notable investors including XTX Markets, ...
Ritual and FLock.io collaborate on decentralized AI model development
Decentralized artificial intelligence infrastructure firm Ritual and blockchain-based federated AI model training project FLock.io, announced a partnership today to improve the development of decentralized AI models. As more AI companies join the industry, decentralized AI has become a trending topic as companies such as OpenAI and Google LLC dominate headlines. Decentralized networks allow users to ...
New startup named /dev/agents led by Ex-Google, Meta tech leaders raises $56M for AI agents
A new artificial intelligence startup co-founded by former Google LLC, Stripe Inc. and Meta Platforms Inc. executives named /dev/agents today announced it has raised $56 million in seed funding to build what it calls an operating system for AI agents. The funding was led by Index Ventures and co-led by CapitalG, Alphabet Inc.’s independent growth ...
AI-driven protein discovery platform Cradle raises $73M
Cradle Bio B.V., a platform that accelerates the discovery of proteins using generative artificial intelligence models, announced today that it has raised $73 million to expand its lab and workforce. The company’s Series B funding round was led by IVP with participation from previous investors Index Ventures and Kindred Capital. With today’s funding, Cradle has ...
Bending Spoons acquires video streaming firm Brightcove for $233M
Brightcove Inc., a cloud platform that helps businesses manage host, publish and deliver on-demand video, today announced that it’s being acquired by Italian mobile technology company Bending Spoons S.p.A. in a $233 million all-cash deal. According to the agreement, Brightcove shareholders will receive $4.46 per share in cash, representing a 90% premium over the company’s ...
Cloud management platform Emma raises $17M to scale infrastructure with demand
Emma Technologies, a cloud management platform that helps enterprise businesses optimize and scale their cloud infrastructure, said today it has raised $17 million in early financing to expand the company’s product development and fuel growth. The Series A funding round was led by Smartfin, a European venture capital firm, with participation from RTP Global and existing ...