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Anthropic speeds up its AI model access times with prompt caching
Artificial intelligence startup Anthropic PBC, the creator of the generative AI chatbot Claude, today announced the launch of prompt caching, a new feature that improves the response times of AI its large language models by allowing developers to pass them longer, more detailed prompts. Traditionally, AI engineers must build complex “prompts” or natural language data ...
Google announces new lineup of AI-powered Pixel 9 phones, Pixel Watch 3 and more
Google LLC today announced its new family of Pixel 9 smartphones, along with the Pixel 9 Pro Fold, powered by a new AI-focused chip, that feature the company’s artificial intelligence Gemini family of models to enhance apps and experiences. The company also unveiled the new Pixel Watch 3 and Pixel Buds Pro 2 at its ...
Universal Music Group, Meta expand license agreement covering AI, music revenue and more
Universal Music Group and Facebook parent company Meta Platforms Inc. signed an expanded, global multiyear agreement today that’s intended to bring more opportunities for monetization to UMG artists and songwriters across Meta’s social media platforms. Although the terms of the deal were not disclosed in today’s announcement, the two companies said that the impetus behind ...
AI platform startup DevRev raises $100M at $1.15B valuation
DevRev Inc., an artificial intelligence platform that helps bridge the gap between developers and customers, today announced it has raised a hefty $100.8 million early-stage funding round, bringing its valuation to $1.15 billion. Khosla Ventures and Mayfield Fund participated in the Series A round alongside other investors. This funding round brings the total raised by the ...
Automation platform startup Rewst raises $45M led by Sapphire Ventures
Rewst Inc., the provider of an automation platform for managed service providers, announced Thursday that it has raised $45 million in fresh funding led by Sapphire Ventures. Existing investors Meritech Capital and OpenView also participated in the round. The fundraise brings the total capital raised by Rewst to date to $104 million. Managed service providers remotely ...
Box acquires AI-powered document processor Alphamoon
Cloud content management company Box Inc. today announced the acquisition of the artificial intelligence-powered document processing firm Alphamoon in a move aimed at bolstering the company’s AI strategy. Box did not disclose the terms of the acquisition but said it will allow the company to expand the capabilities of its Box Intelligent Content Cloud by ...
SoundHound acquires Amelia for $80M to expand its conversational voice AI solutions
SoundHound AI Inc. today announced a deal to acquire Amelia US LLC, an enterprise conversational artificial intelligence agent company, to expand its conversational and voice AI solutions for commerce. SoundHound has developed technologies for voice AI that understand natural speech and allow people to interface with technology such as vehicles, services, devices and apps. It also ...
Andrena raises $18M to launch decentralized internet service
High-speed Wi-Fi internet provider Andrea announced today it has raised $18 million in an early-stage round to develop a decentralized broadband protocol. The extended Series A round was led by Dragonfly Capital. It also attracted investments from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures and ParaFi. It brings the company’s total raised ...
Automattic rolls out AI-powered writing readability assistant for WordPress bloggers
Automattic Inc., which runs WordPress.com and contributes to the open-source WordPress blogging software, released a new generative artificial intelligence-powered feature Tuesday to help bloggers improve their writing. The new tool, called Write Brief with AI, works with already written text and operates within the WordPress editor as part of Jetpack. The team at Jetpack AI ...
Nillion and Ritual team up to build trustless decentralized AI inference technology
Trust-sensitive computation network Nillion and decentralized open artificial intelligence infrastructure firm Ritual today announced a partnership to develop a peer-to-peer production network for AI that can process data without revealing its nature. As AI has become even more prevalent across industries, the need to access and process sensitive information has become an equally thorny problem. ...