Tag: natural language processing

Smartling lands $160M to help companies translate their content automatically

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  As the pandemic drives businesses online, translation is becoming a key part of the digital transformation equation. One large-scale behavioral study in […]

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Graphcore claims its IPU-POD outperforms Nvidia A100 in model training

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more Bristol-headquartered Graphcore, a startup developing chips and systems to accelerate AI workloads, appears to be taking on category-leader Nvidia with significant improvements in performance and efficiency. In the […]

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The Algorithm That Could Take Us Inside Shakespeare’s Mind

The playwright has always been a contradiction. Despite his palpable presence, he’s fundamentally ungraspable. The historical evidence of his life is negligible: There’s a will that makes him only harder to understand — what kind of man leaves his wife his “second-best bed”? — and a handful of other, equally half-significant, records; we don’t even […]

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AI-powered voice transcription startup Verbit secures $250M

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more Verbit, a startup developing an AI-powered transcription platform, today announced that it secured $250 million, bringing its total capital raised to $550 million. The round — a series […]

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Swish.ai raises $13M to automate IT service desk tasks

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more Swish, a Tel Aviv, Israel-based startup developing automation technologies for IT service management, today emerged from stealth with $13 million in a series A round led by Dell […]

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Grammarly raises $200M to expand its AI-powered writing suggestions platform

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  San Francisco, California-based Grammarly, which develops an AI-powered writing assistant, today announced that it raised $200 million, valuing the company at $13 […]

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Cohere partners with Google Cloud to train large language models using dedicated hardware

Google Cloud, Google’s cloud computing services platform, today announced a multi-year collaboration with startup Cohere to “accelerate natural language processing (NLP) to businesses by making it more cost effective.” Under the partnership, Google Cloud says it’ll help Cohere establish computing infrastructure to power Cohere’s API, enabling Cohere to train large language models on dedicated hardware. […]

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OpenAI rival Cohere launches language model API

Cohere, a startup creating large language models to rival those from OpenAI and AI2Labs, today announced the general availability of its commercial platform for app and service development. Through an API, customers can access models fine-tuned for a range of natural language applications, in some cases at a fraction of the cost of rival offerings. […]

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Codeless test automation platform Virtuoso raises $13M

London-based Virtuoso, a startup that offers codeless test automation solutions to enterprises, today announced it has raised $13.3 million in a series A round led by Paladin Capital. The company will use the investment, which also saw participation from Mubadala Capital and a few existing investors, to further develop its automation platform and expand its […]

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AI-driven search engine You.com takes on Google with $20M

You.com, which bills itself as the world’s first open source search engine, today announced its public beta launch along with $20 million in funding led by Salesforce CEO Marc Benioff with participation from Breyer Capital, Sound Ventures, Day One Ventures, and others. The company says that the funds, will be put toward user growth, product, […]

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GPT-3 comes to the enterprise with Microsoft’s Azure OpenAI Service

During its Ignite conference this week, Microsoft unveiled the Azure OpenAI Service, a new offering designed to give enterprises access to OpenAI’s GPT-3 language model and its derivatives along with security, compliance, governance, and other business-focused features. Initially invite-only as a part of Azure Cognitive Services, the service will allow access to OpenAI’s API through […]

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Gartner advises tech leaders to prepare for action as quantum computing spreads

Quantum computing has hit the radar of technical leaders, because of the huge efficiency it offers at scale. It will take years to develop for most applications, however, even as it makes limited progress in the near term in highly specialized fields of materials science and cryptography. Quantum methods are gaining more rapid attention, however, […]

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Vonage acquires conversational commerce startup Jumper

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Vonage today announced that it acquired Jumper.ai, a Singapore-based, AI-powered conversational commerce platform, for an undisclosed sum. Vonage says that Jumper’s team will join its product and engineering group based in Singapore as the company incorporates Jumper’s […]

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Workplace monitoring platform Aware takes in $60M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Aware, a platform that analyzes employee behavior across messaging platforms like Slack, today announced that it raised $60 million in a series C round led by Goldman Sachs Growth Equity, with participation from Spring Mountain Capital, Blue […]

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AI-powered customer service analytics platform SupportLogic nabs $50M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! AI-powered customer service analytics platform SupportLogic today announced that it raised $50 million in series B funding led by WestBridge Capital Partners and General Catalyst, with participation from Sierra Ventures and Emergent Ventures. CEO Krishna Raj Raja says that the […]

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Microsoft taps AI techniques to bring Translator to 100 languages

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Today, Microsoft announced that Microsoft Translator, its AI-powered text translation service, now supports more than 100 different languages and dialects. With the addition of 12 new languages including Georgian, Macedonian, Tibetan, and Uyghur, Microsoft claims that Translator […]

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Microsoft and Nvidia team up to train one of the world’s largest language models

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Microsoft and Nvidia today announced that they trained what they claim is the largest and most capable AI-powered language model to date: Megatron-Turing Natural Language Generation (MT-NLP). The successor to the companies’ Turing NLG 17B and Megatron-LM models, MT-NLP contains […]

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AI-powered document processing platform Mindee lands $14M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Document processing automation startup Mindee today emerged from stealth with $14 million in series A funding led by GGV Capital, with participation from Alven, Serena Capital, and Bpifrance through its Digital Venture fund. The company plans to use the funding […]

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Contract management startup ContractPodAI nabs $115M for AI-driven legal review

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! ContractPodAI, an AI-powered contract management solution provider, today announced that it raised $115 million in a series C investment led by SoftBank Vision Fund 2 at “five times” its valuation compared with July 2019. The round, which saw participation from […]

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AI-powered meeting plugin Read AI emerges from stealth with $10M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Read AI, a startup developing an AI-powered platform for meeting metrics, today emerged from stealth with $10 million in seed funding from Madrona Venture Group with participation from PSL Ventures and individual investors. With the funding, cofounder and CEO David […]

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AI-powered document processing platform Zuva raises $20M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Zuva, an AI-powered document processing platform, today announced that it closed a $20 million series A funding round led by New York-based Insight Partners. The company says that the capital, which is Zuva’s first raise, will be put toward hiring, […]

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