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RedStone Oracles, a modular solution that connects blockchain networks to external data, announced Tuesday that it has raised $15 million in early-stage funding led by Arrington Capital to expand its service. The company’s Series A round included participation from SevenX, IOSG Ventures, …
Open-source AI platform Sentient raises $85M co-led by Peter Thiel’s Founder’s Fund
San Francisco-based open-source artificial intelligence development platform Sentient today announced that it has raised $85 million in a seed funding round to topple the dominance of centralized AI model development in the industry. Peter Thiel’s Founders Fund, Pantera Capital and Framework Ventures …
Qdrant launches pure vector-based hybrid search for more accurate AI data retrieval
High-performance open-source vector database Qdrant today announced the launch of BM42, a new pure vector-based hybrid search approach for modern artificial intelligence and retrieval-augmented generation applications. The new algorithm marks a new generation of text-based keyword search capabilities for RAG and AI …
Blockchain security startup Mamori raises $5M to use machine learning to detect exploits
Blockchain security startup Mamori today announced it has secured $5 million in seed funding for its platform that uses machine learning to detect and remediate exploits. The round was led by Blockchain Capital. Velocity Capital and Web3.com also participated in the round, …
Baidu unveils Ernie 4.0 Turbo in a ‘significant upgrade’ to its AI chatbot
Chinese search giant Baidu Inc. today unveiled an upgraded version of its artificial intelligence model named Ernie 4.0 Turbo and stated that the generative AI chatbot has reached 300 million users to date. The company released the model to maintain its position …
Google uses AI to bring 110 new languages to Translate
Google LLC said today that it’s bringing 110 new languages to its web and smartphone translation app using the power of artificial intelligence, making it more comprehensive than ever with 243 languages in total. This is the largest expansion to date for …
AI chip startup Axelera raises $68M to broaden offerings from edge to cloud
Edge artificial intelligence chip startup Axelera AI B.V., a Netherlands-based company that makes purpose-built silicon for generative AI and computer vision, today announced it has raised $68 million in new funding. The company’s Series B funding round is Europe’s largest oversubscribed Series …
Google sets sights on the enterprise with wider releases of Gemini 1.5 Flash, 1.5 Pro and Imagen 3
Google LLC is continuing its steady development of enterprise-ready artificial intelligence models with an announcement today that it’s bringing out its low-latency model Gemini 1.5 Flash in public preview and Gemini 1.5 Pro’s 2 million-token input window in general availability. The company …
Norm Ai raises $27M to help businesses handle regulatory compliance with AI agents
Norm Ai Inc., the developer of an artificial intelligence powered regulatory compliance platform, announced Tuesday that it has raised $27 million in early-stage funding on its journey to expand its use of AI agents for regulatory assessments. The company’s Series A funding …
Motorola and Google Cloud team up to bring generative AI to Razr family of smartphones
China’s Lenovo Group Ltd.-owned smartphone brand Motorola and Google Cloud today announced a multiyear partnership to bring generative artificial intelligence to Motorola phones, starting with the new series of Razr smartphones. Among the first phones to get the AI experiences will be …