Unstructured, which offers tools to prep enterprise data for LLMs, raises $25M
Large language models (LLMs) such as OpenAI’s GPT-4 are the building blocks for an increasing number of AI applications. But some enterprises have been reluctant to adopt them, owing to their inability to access first-party and proprietary data. It’s not an easy problem to solve, necessarily — considering that sort
Read moreHow Diversity in Product Engineering Teams Leads to Better Products
Photo by Nick Fewings on UnsplashAs engineering leaders, our ultimate goal is to deliver exceptional products that improve the lives of our users. Too often, teams fall into the trap of building products for themselves rather than articulating user needs, resulting in features that fail to gain traction.The Hidden Pitfalls of
Read moreAs Egnyte continues to grow steadily, an IPO seems like the inevitable conclusion
Egnyte has never been a startup in a hurry and has been content to take a slow, but steady growth trajectory over its 16-year history. Today it’s a $200 million company growing at around 25% a year. That’s pretty impressive for a private company at a time when many enterprise
Read moreHow Tesla almost went out of business — and then broke the auto industry
Image: Vox Media During the development of the Tesla Model S, one top engineer would tick off certain milestones in his mind whenever the tiny, almost bankrupt startup would hit certain goals. A particular number of cars built, for example. And one milestone he distinctly remembers is when the Tesla
Read moreV-statistics
A few days ago I wrote about U-statistics, statistics which can be expressed as the average of a symmetric function over all combinations of elements of a set. V-statistics can be written as an average of over all products of elements of a set. Let S be a statistical sample
Read moreIntel Capital, Khosla lead $27M investment into SiPhox Health’s at-home blood-testing tech
Six out of 10 Americans are living with a chronic disease, but access to convenient and low-cost health testing isn’t always available for patients, and bottlenecks still exist with current testing approaches. SiPhox Health wants to change that through more advanced blood testing using silicon photonic chip technology to put
Read moreBig Sky Capital debuts its $20M fund to invest in enterprise SaaS startups
Early-stage venture capital firm Big Sky Capital, operating in Miami, Kazakhstan and Singapore, today announced its Fund I with $20 million in capital commitments. Founded by Jahn Karsybaev and Adil Nurgozhin, who met while at the University of Montana — which inspired the firm’s name — after careers in corporate
Read moreTeam behind crypto privacy protocol Manta Network is now valued at $500M
Even amid the crypto winter, some web3 companies are racking up hefty valuations. P0x Labs, the team behind Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, announced today that it has reached a $500 million valuation following a $25 million Series A funding round. Lead investors in the
Read moreCodeSee adds generative AI to explore code bases with natural language queries
CodeSee was founded in 2019 with the goal of helping programmers understand the entire code base inside a company. The idea was to provide visual maps, so you could see the connections between services and systems and how changes might affect the different links. Today, the company announced it was
Read morePreply, the language app known for its live tutors, closes out Series C at $120M and doubles down on AI
Language learning platform Preply made a name for itself for connecting students with a selection of some 35,000 tutors and group classes across some 50 languages. Now it’s looking to the future — an AI future. The company today announced that it has raised a further $70 million in funding
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