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Search resuls for: "Vercel's"


5 mentions found


☆ Stripe CFO joins the board of $3 billion AI startup Vercel
  + stars: | 2024-12-17 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +4 min
He used to be CFO at several other tech companies, including Palo Alto Networks and Confluent. Vercel, an AI startup valued at more than $3 billion, just bulked up its board with the addition of a finance executive who has experience taking tech companies public. AdvertisementStripe Chief Financial Officer Steffan Tomlinson will serve as a director on Vercel's board, the startup said on Tuesday. Vercel is earlier in its lifecycle, however the AI startup has been putting some of the early pieces in place to potentially go public someday. Vercel's AI SDK, a software toolkit that helps developers build AI applications, was downloaded more than 700,000 times last week, up from about 80,000 downloads a year ago, according to NPM data.
Persons: Vercel, Steffan Tomlinson, Tomlinson, Michael Lacorazza, Guillermo Rauch, Marten Abrahamsen, He's, Abrahamsen, Rauch, Collison Organizations: Palo Alto Networks, Aruba Networks, Bank, Vercel's, Business, Microsoft
☆ Anthropic is gaining on OpenAI in this key area of the AI market
  + stars: | 2024-11-07 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +4 min
Anthropic has been gaining on arch rival OpenAI in recent months, according to data from a popular developer tool offered by startup Vercel. In the week of August 18, the OpenAI code library was downloaded almost 229,000 times by developers. Data from Vercel's AI SDK toolkit VercelA top executive at Vercel attributed the recent adoption trends partly to a new AI model that Anthropic released in the summer. That's because many AI model providers have adopted OpenAI's API specification as a de facto standard. AdvertisementAn OpenAI spokesperson said usage of the startup's API has doubled since it released its GPT-4o mini AI model in July.
Persons: Anthropic, OpenAI, Sweta Patel, Claude, Jared Palmer, Sonnet, There's, Dianne Penn, Penn, DoorDash Organizations: Vercel
☆ Sam Altman suddenly looks less powerful. The panic caused by OpenAI's near-death experience is to blame.
  + stars: | 2023-11-30 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +6 min
VCs threatened to sue OpenAI's board, and some jockeyed to get in on whatever new situation might replace the fizzled startup. And in OpenAI's case, Altman was brought back as CEO and all the employees stayed. AdvertisementUntil this moment, the consensus was that Altman came through this crisis looking even more powerful and crucial to OpenAI's future. 'The company will be totally fine without me'Silicon Valley just realized that the fate of the world's most important AI company rested in the hands of just one person. The startup's near-death experience unsettled the companies and developers that have come to rely on OpenAI's artificial intelligence platform.
Persons: OpenAI, Altman, —, Sam Altman, VCs, OpenAI's, Wesley Chan, Claude, Guillermo Rauch, Rauch, pinged Rauch, –, Bret Taylor, Madeline Renbarger Organizations: Service, Microsoft, FDIC, FPV Ventures, Google, Services Locations: Silicon Valley, It's
☆ ‘Super commuting’ is on the rise — and that spells big trouble for mid-size cities
  + stars: | 2023-10-30 | by ( Aki Ito | ) www.businessinsider.com   time to read: +10 min
If you work in San Francisco, super commuting is the difference between living in a suburb or next to a vineyard. AdvertisementAdvertisementThe tech industry, which has embraced hybrid work more than other employers, is especially friendly to super commuters. Still, he notes, not all big cities will fare equally well in the age of super commuting. In its pre-pandemic analysis, the Census Bureau found that, on average, super commuters earned higher salaries than other commuters. For Callihan, who always dreamed of living in the big city, super commuting was a means to an end.
Persons: Lee Robinson's, Robinson, Uber, Robinson doesn't, He's, they're, Mitchell Moss, Moss, Carson Qing, Qing, Ivana Istochka, She's, Rick Bowmer, who's, Istochka, Lindsay Callihan, Callihan, Aki Ito Organizations: Hilton, New York University, Census Bureau, New Yorker, Amtrak Locations: America, Des Moines , Iowa, Denver, San Francisco, Iowa, Cleveland, Syracuse, New York, Los Angeles, Novato, Napa ., San Jose, Amity, Milan, Lisbon, Manhattan, Silicon, New York City, New, Manhattan —, Cary , North Carolina, North Carolina
☆ AI models from OpenAI and other tech giants are being bombarded by a new swarm of bots 'extracting intelligence'
  + stars: | 2023-09-21 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +5 min
These bots scrape information from AI models, including OpenAI's GPT-4. "AI models can, in theory, share everything they know. This is often done by infiltrating applications that have official accounts and API connections with the largest and most powerful AI models, Rauch explained. Evading China's AI model blockadeA third reason for this new phenomenon: China blocked access to ChatGPT, GPT-4 and many of the other top generative AI models. So an an app could offer a seat where the user can only query AI models a certain number of times per day.
Persons: Guillermo Rauch, OpenAI's, Elad Gil, Sarah Guo, Rauch, OpenAI Organizations: Service, Google Locations: Wall, Silicon, China, GPT
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