Blackboard founder transforms Zoom add-on designed for teachers into business tool
When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. His original company was acquired for $1.64 billion in 2011. Chasen later developed Class, a Zoom add-on, during the pandemic to help teachers make better
Always-on video portal lets people in NYC and Dublin interact in real time
A new sculpture going live on Wednesday in the Flatiron South Public Plaza in New York is not your typical artwork. It combines technology, sociology, anthropology and art to let people interact with one another in real time in two places. In this case, it's between New York City and Dublin.
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Bedrock Studio is Amazon’s attempt to simplify generative AI app development
Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps.
Available in public preview starting today, the web-based Bedrock Studio — a part of Bedrock, Amaz
Copilot Chat in GitHub’s mobile app is now generally available
GitHub on Tuesday announced that Copilot Chat, its AI chat interface for asking coding-related questions and code generation, is now generally available in its mobile app. The Microsoft-owned developer platform first announced this feature last November.
At first glance, a mobile app may not be th
Legion’s founder aims to close the gap between what employers and workers need
While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ.
To critics of late-stage capitalism, that might sound like an obvious observation. But Mondkar, who has a master’s in c
DocuSign acquires AI-powered contract management firm Lexion
As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself.
On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments in the contract manage
Stack Overflow signs deal with OpenAI to supply data to its models
OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models’ performance on programming-related tasks.
As a result of the partnership, announced Monday, OpenAI’s models, including models served through its ChatGPT chatbot
CoreWeave’s $1.1B raise shows the market for alternative clouds is booming
The appetite for alternative clouds has never been bigger.
Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. Reportedly valuin
Alternative clouds are booming as companies seek cheaper access to GPUs
The appetite for alternative clouds has never been bigger.
Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings
Why RAG won’t solve generative AI’s hallucination problem
Hallucinations — the lies generative AI models tell, basically — are a big problem for businesses looking to integrate the technology into their operations.
Because models have no real intelligence and are simply predicting words, images, speech, music and other data according to a pri
This Week in AI: Generative AI and the problem of compensating creators
"">Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here's a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn't cover on their own.
By the way — technewss plan
Sprinklr lays off more than 100 employees
Sprinklr, a U.S. firm offering a customer experience management platform to global brands, has laid off about 3% of its workforce — around 116 people — to realign its customer operations team, the company confirmed to technewss in a statement. The new job cuts come over a year after the compan
EQT snaps up API and identity management software company WSO2 for more than $600M
WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT.
Terms of the deal were not disclosed, but technewss has learned via sources that the deal values WSO2 at “more than” $600 m
Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the first quarter in 2023, per Synergy Research.
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