Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps
Vessel Capital, a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told TechCrunch. Founded by Mirza Uddin, Eric Chen and Anthony Anzalone, the firm has been investing about $10 million annually, Uddin said. The fund
Read moreModular secures $100M to build tools to optimize and create AI models
Modular, a startup creating a platform for developing and optimizing AI systems, has raised $100 million in a funding round led by General Catalyst with participation from GV (Google Ventures), SV Angel, Greylock and Factory. Bringing Modular’s total raised to $130 million, the proceeds will be put toward product expansion,
Read moreHow and when to charge for adding AI to your enterprise software
Nvidia’s blockbuster quarterly results make it plain that the race to build generative AI products is well and truly afoot. The GPU giant crushed earnings expectations in the second quarter and forecast a monster future. Investors, already content to value Nvidia north of $1 trillion, added tens of billions more
Read moreOpenAI partners with Scale AI to allow companies to fine-tune GPT-3.5
OpenAI, the AI startup behind the viral AI-powered chatbot ChatGPT, plans to partner with third-party vendors to make it easier for developers — specifically enterprises — to fine-tune its AI models using custom data. Today, OpenAI announced that it’ll team up with Scale AI, the San Francisco-based data labeling startup,
Read moreChatSME: SA’s First Large Language Model for Business Owners
Retail Capital, a division of TymeBank, proudly announces the launch of ChatSME, a groundbreaking Large Language Model (LLM) designed to empower and revolutionize how South African entrepreneurs grow their businesses. Easy Access to Valuable Knowledge and Resources This first-of-its-kind generative AI (Artificial Intelligence) model aims to provide easy access to
Read moreHighlights From the Brand Africa 100 2023 Survey
Highly anticipated release of Brand Africa 100 2023, reveals Africa’s 100 top brands. The report compiled by Brand Africa, in collaboration with Geopoll, Kantar, and Brand Leadership, presents the most comprehensive ranking of the most admired brands across Africa. As the African economy continues to thrive, recognising some of the
Read moreIf you want to address tech debt, quantify it first
When Ward Cunningham coined the technical debt metaphor, he needed a way to discuss the decisions made early in a project that were coming back to haunt his engineers as they continued building down the line. He was at a firm doing financial software, so a fiscal metaphor was in
Read moreThe Rise of the Age of AI Reporters
The advent of AI reporters, as showcased by platforms such as NewsGPT.ai, has heralded a significant shift in the realm of journalism. As these technologies rise in prominence and capability, journalism schools across the globe are gearing up for a transformation unlike any before. A Paradigm Shift in Journalism Education
Read moreRocketium scales and analyzes massive marketing campaigns
Large companies often have to produce marketing campaigns with thousands of pieces of individual content, including email and social media ads. This means creative teams have to execute ideas rapidly while responding quickly to what content is getting the most clicks. Rocketium’s platform automates much of the process, and its
Read moreIkigai lands $25M investment to bring generative AI to tabular data
Organizations are awash in data, but struggle with a host of challenges to actually use, organize and analyze that data. According to one estimate, companies will store 100 zettabytes of data in the cloud by 2025. But as of now, just 13% of organizations are delivering on their analytics and
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