Visual Layer helps enterprise manage the massive visual datasets they need to build AI models, raises $7M

Training machine learning models for computer vision use cases takes massive amounts of images. Often, those images are mislabeled, broken or duplicated, leading to sub-par model performance. But with millions of images in many datasets, it’s virtually impossible to catch these issues. Visual

Zoom announces Anthropic partnership to bring Claude chatbot to Zoom products

As generative AI has taken center stage in recent months, Zoom has been looking at partnerships with LLM companies as a hedge against an evolving AI landscape. Today, the company announced a new partnership with Anthropic to use its Claude chatbot on the platform, starting with the Zoom Contact Cen

Confirmed: IBM acquires Polar Security for $60M to automate cloud data management

Update: IBM has now confirmed the news and said Polar will be integrated into its Guardium unit (itself based on an acquisition from way back in 2009). No price disclosed. Original article below. Cyber startups continue to get scooped up by bigger tech players looking to bolt on newer and better te

Japanese construction tech Aldagram nails down backing from Panasonic

Aldagram, a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. Panasonic, the consumer electronics giant that also develops solar panels, air conditioning u

Together raises $20M to build open source generative AI models

Generative AI — AI that can write essays, create artwork and music, and more — continues to attract outsize investor attention. According to one source, generative AI startups raised $1.7 billion in Q1 2023, with an additional $10.68 billion worth of deals announced in the quarter but n

AWS announces new version of Aurora database that strips out I/O costs

AWS announced the general availability of a new version of its Aurora database this week called Amazon Aurora I/O-Optimized. The big news from this version is that it gets rid of all I/O charges for database use, a move that should reduce overall database costs for customers with large workloads, a

Anthropic’s latest model can take ‘The Great Gatsby’ as input

Historically and even today, poor memory has been an impediment to the usefulness of text-generating AI. As a recent piece in The Atlantic aptly puts it, even sophisticated generative text AI like ChatGPT has the memory of a goldfish. Each time the model generates a response, it takes into account

GitHub's Thomas Dohmke talks open source, AI and more on the Disrupt SaaS Stage

Stating the obvious, you can't have software-as-a-service (SaaS) companies without software developers. Creative developers build the proprietary and open source code that fuels commercial engines around the world. Yet, as we know, technologies can change entire industries. And that begs the qu

Capchase gets into buy now, pay later with Capchase Pay for SaaS financing

Capchase, a provider of non-dilutive growth capital, is now in the buy now, pay later space after launching Capchase Pay to help software-as-a-service companies close deals faster. Capchase Pay enables SaaS companies to collect the full contract value for their software while also providing their c

Everseen raises over $70M for AI tech to spot potential retail theft

In 2007, Alan O'Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer items in stock than in its recorded inventory. He settled on computer vision as the solution to the

With over 1M published apps, Google’s Flutter expands its support for web apps and WebAssembly

Flutter, Google’s open source multiplatform application framework, has been seeing quite a bit of momentum lately, with both Google’s internal teams betting on it for projects like the new Play Console App, the Google Cloud mobile app and Android’s Nearby Share app for Windows usi

Google launches ML Hub to help AI developers train and deploy their models

At its I/O developers conference, Google today announced its new ML Hub, a one-stop destination for developers who want to get more guidance on how to train and deploy their ML models, no matter whether they are in the early stages of their AI career or seasoned professionals. “We talk about

Google brings new generative models to Vertex AI, including Imagen

To paraphrase Andreessen Horowitz, generative AI, particularly on the text-to-art side, is eating the world. At least, investors believe so — judging by the billions of dollars they’ve poured into startups developing AI that creates text and images from prompts. Not to be left behind, B

Google Cloud announces new A3 supercomputer VMs built to power LLMs

As we've seen LLMs and generative AI come screaming into our consciousness in recent months, it's clear that these models take enormous amounts of compute power to train and run. Recognizing this, Google Cloud announced a new A3 supercomputer virtual machine today at Google I/O. The A3 has