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Document AI startup Upstage raises $72M for global expansion
Upstage Co. Ltd., an artificial intelligence startup that develops document processing large language models, today announced that it has raised $72 million in new funding to expand its capabilities. The company’s Series B funding round almost triples what Upstage raised in 2021, bringing its total funding to $100 million. The round attracted investments from new investors that ...
Open-source vector database Qdrant launches hybrid cloud for enterprise AI apps
High-performance open-source vector database Qdrant today announced it’s launching a new managed hybrid cloud model of its database to power enterprise artificial intelligence apps under the Qdrant Cloud as part of its self-service, run-anywhere solution. Generative AI models, such as the highly popular ChatGPT chatbot from OpenAI, require large swaths of unstructured data such as text, images, ...
Adobe plans generative AI video editing tools for Premiere Pro
Creative software developer Adobe Inc. is rolling out three new generative artificial intelligence tools for Premiere Pro, the company’s video editing software, designed to assist video editors with their creative workflows that will be coming sometime later this year. The new tools will be joining Adobe’s already existing AI models in the company’s Firefly family of ...
DuckDuckGo launches privacy-focused subscription with VPN and identity protection
Duck Duck Go Inc., a company already well-known for its privacy-focused search engine, is once again stretching its wings into even more privacy protection services with a Privacy Pro plan that includes three services: a virtual private network, a personal information removal service and identity theft restoration. The plan announced Thursday will cost subscribers $10 per month ...
Google releases first Android 15 beta with improved performance and edge-to-edge display by default
Google LLC today announced the release of the first beta test version of Android 15, opening up the upcoming operating system for both developers and early adopters to test out. The new release of the Android platform includes updates that improve underlying performance, such as OS-level support for app archiving, improved communication and better support ...
Oden Technologies raises $28.5M to launch AI-driven products for manufacturing
Oden Technologies Ltd., a provider of artificial intelligence-driven solutions for the manufacturing industry, announced Wednesday that the company raised $28.5 million in a new round led by Nordstjernan Growth to solve pain points in manufacturing productivity using AI and data analytics products. New investors joining the Series B round include Flat Capital, Recurring Capital Partners ...
Exclusive: Google unveils Isolator, a secure collaboration solution for healthcare data
Google LLC’s cloud team today announced the release of a new solution for secure infrastructure and data processing called Isolator that adds protection for healthcare data and allows trusted collaboration between parties. Taylor Lehmann, director of the Office of the CISO and enterprise health security officer at Google Cloud, told SiliconANGLE in an interview that ...
Sapien raises $5M to gamify data labeling for AI models
Sapien AI Corp., a data labeling company, today announced it raised $5 million in a seed funding round to build out its service of providing high-quality annotation and labeling for training artificial intelligence models. A startup founded in 2023, Sapien helps companies build better AI models by providing a marketplace for premium human-labeled training data. ...
Google updates its Gemma AI model family with variants for coding and research
Google LLC announced Tuesday the first new additions to its Gemma family of lightweight, open-source artificial intelligence large language models that will add coding capabilities and research experimentation opportunities. The Gemma models share technical components with Google’s Gemini model, which is the most complex and powerful model that the company has produced to date. Gemini underlies the company’s Gemini AI ...
Monad Labs raises $225M for Ethereum competitor layer-1 blockchain
Monad Labs Inc., the maker of the Ethereum-compatible blockchain Monad, today announced that it has raised $225 million in new funding led by Paradigm with the aim to accelerate the development of its scalable network capable of high transaction speeds. Other investors joining the round included Electric Capital, GreenOaks, Castle Island Ventures, Animoca Ventures, Lightspeed Faction, Coinbase ...