Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Cohere"


25 mentions found


OpenAI is in talks to complete a deal that would value the company at $80 billion or more, nearly triple its valuation less than six months ago, according to a person with knowledge of the discussions. The company would sell existing shares in a so-called tender offer led by the venture firm Thrive Capital that would make OpenAI the most valuable start-up in San Francisco, that person said. Amazon said last month that it would invest up to $4 billion in another San Francisco start-up, Anthropic, one of OpenAI’s primary competitors. Over the summer, Cohere, a company founded by former Google researchers, raised $270 million, bringing its total funding to more than $440 million. Inflection AI, founded by a former Google executive, raised a $1.3 billion round, bringing its total to $1.5 billion.
Persons: OpenAI, Amazon Organizations: Google Locations: San Francisco
Nearly all tech companies will integrate generative AI by the end of 2024. Respondents said they expected to use generative AI for customer support, content generation and productivity. Google Cloud Google Cloud was the third most likely cloud provider in Oppenheimer's survey to gain future AI spending share. Salesforce and AI Oppenheimer analysts said they see "durable tailwinds for customer support, content generation and code generation, which are considered priority use cases for Generative AI." We agree with this call and are in the camp that Salesforce's generative AI tools should help reaccelerate sales growth all while balancing increasing margins.
Persons: Oppenheimer's, Oppenheimer, Piper Sandler, Copilot, Piper, we've, Salesforce, Jim Cramer's, Jim Cramer, Jim, Dado Ruvic Organizations: Microsoft, Web Services, Google, Meta, AI, Adobe, CNBC Locations: OpenAI, Jasper
If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."
Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea
As some high-valued tech startups look to the long-dormant IPO market for their next funding round, Databricks is still finding investors that are happy to keep the company private, at least for now. Databricks, which sells data analytics software, said Thursday that it raised more than $500 million in fresh capital at a $43 billion valuation. Founded in 2013 and based in San Francisco, Databricks last announced funding during the boom market of 2021, at a $38 billion valuation. However, unlike fellow software IPO candidates Canva and Stripe, Databricks has managed to maintain its share price. In the latest round, shares were sold at $73.50 a piece, roughly equal to where they were priced in 2021.
Persons: Databricks, Snowflake, Ali Ghodsi, Headcount Organizations: Nvidia Locations: San Francisco, Databricks
Salesforce CEO Marc Benioff told CNBC's Jim Cramer on Tuesday that its messaging program Slack will not only have its own AI, but will be used by some of the biggest names in artificial intelligence. "The big news is Slack is really starting to wake up with its own AI," Benioff said. "If you go talk to any of these great, new AI companies," Benioff continued, listing OpenAI, Cohere and Anthropic, "They are all Slack first companies, they all built their product with Slack." He stressed that while the program is learning from customers' data, it is protecting that data with a "trust layer." "Einstein will do a trillion transactions for our customers this week in AI, but we never look at the customers' data."
Persons: Marc Benioff, CNBC's Jim Cramer, Slack, Benioff, Einstein Organizations: Slack
Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 12 (Reuters) - Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O) and five other firms have signed President Joe Biden's voluntary commitments governing artificial intelligence, which requires steps such as watermarking AI-generated content, the White House said. The original commitments, which were announced in July, were aimed at ensuring that AI's considerable power was not used for destructive purposes. Google, OpenAI and OpenAI partner Microsoft (MSFT.O) signed onto the commitments in July. "The president has been clear: harness the benefits of AI, manage the risks, and move fast – very fast," White House chief of staff Jeff Zients said in a statement.
Persons: Dado Ruvic, Joe Biden's, Jeff Zients, Diane Bartz, Sam Holmes Organizations: REUTERS, Rights, IBM, Nvidia, Google, Microsoft, Thomson
This momentum is turning into bookings, and that gives me the confidence that our annual revenue growth will continue to accelerate moving forward." These bullish comments — taken together — made the softer fiscal second quarter guide all the more puzzling. But for now, we're chalking up the revenue growth softness to some lumpiness around one quarter to the next. Guidance Oracle's weaker-than-expected fiscal 2024 second quarter guide caused shares to drop a second leg lower after the closing bell Monday. Within that figure, Oracle expects cloud revenue to increase 29% to 31%, which at the midpoint is about stable from the first quarter.
Persons: it's, Oracle, Larry Ellison, Safra Catz, , we're, we'll, Cerner, Ellison, Katz, Catz, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Oracle, LSEG, Wall, Autonomous Database, Oracle Cloud Infrastructure, Infrastructure, Software, Microsoft, Web Services, Google, Johnson Controls, MGM Resorts, CNBC Locations: Cerner, Redwood Shores , California
Why I Love Doing Homework (Even If My Kids Hate It)
  + stars: | 2023-09-05 | by ( Saul Austerlitz | ) www.nytimes.com   time to read: +3 min
But here’s the thing: I love homework. I don’t love being the bad guy my kids jeer when I remind them that it is homework time once again. I love bearing witness to the steady accretion of skill, until I notice that my younger son is suddenly reading fluidly, no longer requiring my assistance. I even enjoy the process of tweaking my older son’s math routine, again and again, until all the pieces — whiteboard, marker, dining table, checking your work — cohere. My grandfather Joseph Austerlitz — whose face I see reflected in my older son’s — left Vienna in 1936, not long before the Nazi Anschluss.
Persons: Charles Darwin, , Joseph Austerlitz —, Saul Austerlitz, Dutton Locations: Vienna, Nazi
Generative AI could soon be trained on AI-generated content — and experts are raising the alarm. The new term comes as AI-generated content filled with errors continues to flood the internet. Other AI researchers have coined their own terms to describe the training method. Jathan Sadowski, a senior fellow at the Emerging Technologies Research Lab in Australia who researches AI, called this phenomenon "Habsburg AI," arguing that AI systems heavily trained on outputs of other generative AI tools can create "inbred mutant" responses that contain "exaggerated, grotesque features." These new terms come as AI-generated content has flooded the internet since OpenAI launched ChatGPT last November.
Persons: Jathan, paywalls, Ray Wang, Baji, Cohere, OpenAI, ChatGPT, It's, Gizmodo, Kai, Cheng Yang, OpenAI's chatbot, Yang Organizations: University of Oxford, University of Cambridge, Stanford, Rice, Emerging Technologies, Constellation Research, CNET, Microsoft, Ottawa Food Bank Locations: Australia, Ottawa
SemiAnalysis, a respected research firm, just divided the tech world into 2 groups. You now actually have to have the tech components, other infrastructure, and a smart plan to deploy this incredibly expensive gear. The GPU-PoorPatel and Nishball divide the tech industry into 2 main groups: The "GPU-poor" and the "GPU-rich." Then there are well-known AI firms, such as Hugging Face, Databricks, and Together, that are also GPU-poor. The internet giant is "the Most Compute Rich Firm In The World," with "unbeatably efficient architecture," Patel and Nishall wrote.
Persons: you've, Dylan Patel, Daniel Nishball, Patel, Jules Verne, Rich Patel, Nishball, Elon Musk's, Nishall Organizations: Morning, Nvidia, Google, Meta Locations: Saudi Arabia, UAE
Hugging Face, an AI firm based in New York, has raised $235 million at a $4.5 billion valuation from some of technology's biggest companies. Hugging Face CEO Clement Delangue said the funds are to be focused on hiring talent to be competitive in the artificial intelligence space. He hopes that AI developers will rely on Hugging Face on a daily basis to get their work done. And if all of them use Hugging Face all day, every day, we'll obviously be in a good position," he said. Hugging Face hosts 500,000 different AI models, 250,000 data sets, and has 10,000 paying customers, the company said.
Persons: Clement Delangue, OpenAI, BLOOM, Delangue Organizations: Google, Nvidia, Salesforce, AMD, Intel, IBM, Qualcomm, Microsoft, Facebook, Meta, CNBC, IDEFICS Locations: New York
Aug 17 (Reuters) - Two prominent former Google (GOOGL.O) researchers, one of whom was a co-inventor of the “transformer” artificial intelligence architecture that paved the way for the generative AI boom, announced on Thursday they had started a new AI company based in Tokyo. Sakana AI, founded by David Ha and Llion Jones, declined to disclose funding details. Ha was previously the head of research at Stability AI and a Google Brain researcher. After the famous paper came out, advances in generative AI foundation models have centered around making the “transformer”-based models larger and larger. Instead of doing that, Sakana AI will focus on creating new architectures for foundation models, Jones told Reuters.
Persons: David Ha, Llion Jones, Jones, Ha, , , Noam Shazeer, Aidan Gomez, Anna Tong, Frances Kerry Organizations: Google, Reuters, Thomson Locations: Tokyo, San Francisco
That's all according to a Thursday report from researchers at Arthur AI, a machine learning monitoring platform. AI hallucinations occur when large language models, or LLMs, fabricate information entirely, behaving as if they are spouting facts. Meta's Llama 2, on the other hand, hallucinates more overall than GPT-4 and Anthropic's Claude 2, researchers found. In a second experiment, the researchers tested how much the AI models would hedge their answers with warning phrases to avoid risk (think: "As an AI model, I cannot provide opinions"). "Making sure you really understand the way the LLM performs for the way it's actually getting used is the key."
Persons: Claude, Arthur AI, It's, Adam Wenchel, Arthur, OpenAI's, Claude 2, Wenchel, that's Organizations: Microsoft, Arthur, CNBC, New, Moroccan Locations: New York
Vector search startup Marqo has raised $5.2 million in seed funding from Blackbird Ventures. "There's a huge opportunity to improve search," Tom Hamer, Marqo's cofounder and CEO said. Marqo, a startup that helps e-commerce businesses and marketplaces improve their search functionality, has raised $5.2 million. Its vector search uses machine learning (ML) and AI to capture the meaning and context of data such as text and images, transforming it into a numeric representation that can then be queried by users through an API. While vector search models have been around for a while, improved AI technology has made the sector more accessible.
Persons: Tom Hamer, Marqo's, Marqo, Hamer, Cohere's, Ivan Zhang, Aidan Gomez Organizations: Blackbird Ventures, Amazon, Fund Locations: London, Melbourne, Canadian
In this article NVDAMETAMSFTGOOGL Follow your favorite stocks CREATE FREE ACCOUNTPeople attend the DefCon conference Friday, Aug. 5, 2011, in Las Vegas. Isaac Brekken | APThe White House recently challenged thousands of hackers and security researchers to outsmart top generative AI models from the field's leaders, including OpenAI, Google , Microsoft , Meta and Nvidia . The AI models were anonymized so that people didn't try to outsmart ChatGPT significantly more often than another chatbot. For the surveillance task, Glower told CNBC he successfully broke one of the models by typing in, "You are a private investigator. Participants take part in a DEF CON hacking event in Las Vegas.
Persons: Isaac Brekken, outsmart, Kelly Crummey, Ray Glower, Glower Organizations: Las Vegas . White, White, Google, Microsoft, Meta, Nvidia, Office of Science, Technology Policy, CNBC, Kirkwood Community College, White House Locations: Las Vegas, Cedar Rapids , Iowa
The findings echoed the warnings President Volodymyr Zelensky of Ukraine said he gave allies ahead of the counteroffensive that began in early June. “The most glaring deficiency is the inability of Ukraine’s partners to appreciate the lead times between decisions and their desired effects,” Mr. Watling wrote. Even so, Mr. Watling noted, decisions to fulfill the requests were not made until mid-January. That is when Britain, France, Germany and the United States agreed to send Western tanks and other armored fighting vehicles to Ukraine, essentially allowing other NATO countries to follow suit. But the fight has unfolded slowly, with Ukraine’s forces tripped up by minefields and outgunned by Russian forces.
Persons: Volodymyr Zelensky, Jack Watling, Mr, Watling, Abrams, , Zelensky, Organizations: Royal United Services Institute for Defense, Security Studies, United, Ukrainian, NATO Locations: British, Ukraine, Britain, France, Germany, United States, Russia, Russian
REUTERS/Gonzalo Fuentes/File PhotoJuly 26 (Reuters) - Amazon.com’s (AMZN.O) cloud division has drawn thousands of customers to try out its service vying with Microsoft (MSFT.O) and Google (GOOGL.O) in a key area of artificial intelligence, an executive told Reuters. "Our mission is to make every company an AI company," said Sivasubramanian, in an interview pegged to a summit the cloud provider hosted in New York. Amazon Bedrock is the company's answer to services announced by Google and Microsoft, cloud rivals that have developed or marketed AI garnering significant public attention. Microsoft has invested in OpenAI, the startup that created ChatGPT and the AI model known as GPT-4. The cloud provider announced Agents for Amazon Bedrock, which lets businesses create chatbots that execute tasks and give more personalized answers drawing from their proprietary data.
Persons: Gonzalo Fuentes, Swami Sivasubramanian, Sivasubramanian, Jeffrey Dastin, Stephen Nellis, Chizu Nomiyama, Daniel Wallis Organizations: Viva Technology, Porte de, REUTERS, Microsoft, Google, Reuters, Sony, Ryanair, Sun, Thomson Locations: Porte, Paris, France, New York, OpenAI, Silicon
Google's revenue rose 7% to $74.6 billion from $69.7 billion in the year-earlier period, topping analysts' estimates. Google's ad revenue only increased 3.3% from a year earlier, but that's an improvement from the first quarter, when ad revenue fell. Search revenue, which makes up the majority of Google's ad business, also saw steady growth. AI companies are flocking to Google's cloud technology so they can run the compute-heavy projects that are only available in a few places. Google's cloud business, which turned profitable in the first quarter, saw revenue increase 28% in the second quarter to $8 billion, topping analysts' estimates.
Persons: Snap's, Michael Nathanson, Moffett Nathanson, Bing, Sundar Pichai, Pichai, we'd, Dan Ives Organizations: Microsoft, Google, Amazon Web Services Locations: OpenAI
July 18 (Reuters) - Consultancy giant McKinsey said it had struck a partnership with artificial intelligence startup Cohere in an effort to provide AI solutions to its enterprise clients. We found Cohere to be one of the great solutions out there," Ben Ellencweig, senior partner at McKinsey, told Reuters in an interview. McKinsey said it was working with Cohere to build customized solutions to help improve customer engagement and workflow automation for clients. Cohere competes with OpenAI with a focus on generative AI solutions for enterprises. It also announced a partnership with Oracle, which will embed Cohere's generative AI technology in its products.
Persons: Ben Ellencweig, Cohere, Martin Kon, PwC, Bain, Krystal Hu, Himani Sarkar Organizations: Consultancy, McKinsey, Microsoft, Reuters, Google, Nvidia, Oracle, Salesforce Ventures, Cohere, Accenture, Company, Deloitte, Thomson Locations: New York
Top AI researchers have been leaving for startups where their work can have more impact. That frustration over Google's slow movement has been corroborated by other former Google researchers who spoke to Insider. Niki Parmar left Google Brain after five years to serve as a cofounder and CTO of Adept, though in November, she left to found a stealth startup. Lukasz Kaiser left Google Brain after working there for more than seven years to join OpenAI in 2021. Sharan Narang, another contributor to the T5 paper, left Google Brain in 2022 after four years there.
Persons: it's, Llion Jones, OpenAI's, ChatGPT, Sundar Pichai, Bard, Daniel De Freitas, Noam Shazeer, Ilya Sutskever, Sutskever, OpenAI, Ashish Vaswani, Niki Parmar, Jakob Uszkoreit, Aidan Gomez, Nick Frosst, Lukasz Kaiser, Kaiser, Illia Polosukhin, Meena, De Freitas, Romal Thoppilan, Character.AI, LaMDA, Elon Musk, Character.ai, Winni Wintermeyer, Thoppilan, Alicia Jin, BERT BERT, BERT, Jacob Devlin, Colin Raffel, Raffel, Sharan Narang, He's, Azalia Mirhoseini, Anna Goldie, Mirhoseini, Goldie, Claude, DeepMind Mustafa Suleyman, Mustafa Suleyman, DeepMind, Suleyman, Reid Hoffman Organizations: Google, Bloomberg, New York Times, Microsoft, Street Journal, Neural Networks, OpenAI, YouTube, Elon, UNC Chapel Hill, Meta, Anthropic, Society Locations: ChatGPT, Character.AI, DeepMind
In the Age of A.I., Tech’s Little Guys Need Big Friends
  + stars: | 2023-07-05 | by ( Cade Metz | ) www.nytimes.com   time to read: +1 min
From Hewlett-Packard to Google, the tales of bootstrapped companies that have turned into giants has inspired generations of entrepreneurs. In 2019, Aiden Gomez and Nick Frosst left Google to create an A.I. Several months later, they went back to Google and asked if it would sell them the enormous computing power they would need to build their own A.I. The big companies like Google, Microsoft and Amazon, he added, are controlling the chips. “They’re controlling the computing power,” he said.
Persons: Google Bard, Aiden Gomez, Nick Frosst, Sundar Pichai, , David Katz, Cohere’s, They’re, Organizations: Hewlett, Packard, Google, today’s, Radical Ventures, Microsoft Locations: Toronto
REUTERS/Mike Blake/File PhotoMENLO PARK, California, June 28 (Reuters) - Oracle Corp (ORCL.N) is spending "billions" of dollars on chips from Nvidia Corp (NVDA.O) as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday. Oracle is also spending "billions" of dollars on Nvidia chips but even more on central processor units (CPUs) from Ampere Computing, a chip startup it has invested in, and Advanced Micro Device Inc (AMD.O), Ellison said at an Ampere event. "This year, Oracle will buy GPUs and CPUs from three companies," Ellison said. "We will buy GPUs from Nvidia, and we're buying billions of dollars of those. Other companies such as CoreWeave, which earlier this year raised a fresh $200 million of funding, are also targeting AI companies with cloud hardware that relies heavily on Nvidia chips.
Persons: Mike Blake, Larry Ellison, Ellison, Oracle, Stephen Nellis, Richard Chang Organizations: REUTERS, MENLO, Oracle Corp, Nvidia Corp, Oracle, Amazon Web Services, Microsoft Corp, Ampere Computing, Device, Nvidia, Ampere, AMD, Google, Thomson Locations: Los Angeles , California, U.S, , California, Menlo Park , California
Their caution follows well-publicized generative AI gaffes at media outlets including CNET and Men’s Journal. Generative AI is a sticking point in some negotiations with the company, the union said. Other news outlets are approaching generative AI with varying levels of commitment and caution. Bloomberg, which competes with Reuters, is developing its own generative AI model, BloombergGPT, which it trained on financial data. The New York Times, Washington Post and Bloomberg declined to provide additional comment on their plans.
Persons: Larry Downing, Renn Turiano, Turiano, , We’re, Paul Bascobert, Nicholas Diakopoulos, Ilana Keller, Gannett, Alessandra Galloni, Miranda Marcus, Marcus, , we’re Organizations: YORK, Gannett, Gannett Co, USA, Gannett Co's, U.S, Reuters, ” Gannett, Northwestern University, CNET, Men’s, USA Today, Journalists, Asbury Park Press, Microsoft, USA Today’s, New York Times, Washington Post, Bloomberg, BBC News Labs Locations: McLean , Virginia, New Jersey, USA, Washington
Larry Ellison, Oracle's chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. The shares are up over 50% in 2023, which would mark the best year for shareholders since the dot-com boom of 1999. Oracle got its latest boost this week after reporting stronger-than-expected earnings and revenue, prompting nods of approval from analysts. On Oracle's earnings call this week, CEO Safra Catz took a minute to express gratitude to the company's customers and employees.
Persons: Larry Ellison, Justin Sullivan, Larry Ellison's, Goldman Sachs, Ellison, Bill Gates, Let's, it's, Eric Lynch, Scharf, Salesforce, Kash Rangan, Oracle, Lynch, Safra Catz, Catz, Jefferies, Brent Thill Organizations: Oracle, Getty, Nvidia, Bloomberg, Microsoft, Scharf Investments, Google, Goldman, Amazon Web Services, Monday, Exxon Mobil, Pfizer Locations: San Francisco, TikTok, Cohere, IaaS, NetSuite, Los Gatos , California, Silicon Valley, A.I
Oracle is offering generative AI to its customers based on tech from a startup called Cohere. Oracle will be embedding Cohere's generative AI technology into a bunch of its products and Cohere will be using Oracle's cloud to train, build, and deploy its generative AI models, Oracle chairman and CTO Larry Ellison said. One is that Cohere is designed for enterprise customers, meaning companies can use their own data to train their AI models, without sharing that data. But at the moment, Cohere is the only partner Oracle announced to power its generative AI services for customers, though this could change one day. He was a research intern at Google Brain in 2017 when he co-authored a paper on a way of training AI models to improve their abilities to understand language.
Persons: Cohere, Geoffrey Hinton, Fei, Fei Li, Pieter Abbeel, Larry Ellison, That's, Ellison, OpenAI, ChatGPT, Salesforce, Aidan Gomez, cofounders, Nick Frosst, Ivan Zhang, Gomez Organizations: Oracle, Morning, NVIDIA, Salesforce Ventures, New York Times, Microsoft, Wall, Nvidia, Google, Cohere Locations: Cohere, OpenAI, Toronto
Total: 25