Arcee is a secure, enterprise-focused platform for building GenAI
While working at Hugging Face, engineers Mark McQuade and Brian Benedict ran into challenges helping enterprise customers adopt GenAI. Some companies didn’t want to use closed-source AI APIs due to the perceived lack of transparency — but also resisted open source models over security concerns. “We came to realize that
Read moreElo Life Systems grabs another $20.5M to get its monk fruit sweetener to market
Elo Life is focused on a number of technologies from developing plant-based sweeteners to crop protection. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreGoogle announces new AI-powered features for education
Google announced a bunch of new features for classroom management, accessibility, and AI-powered features for creating questions and lesson plans as part of the Bett ed-tech event in the UK. AI-powered features Google already allows teachers to add questions to a YouTube video as part of its Classroom assignment. The
Read moreEU wants to upgrade its supercomputers to support generative AI startups
European Union lawmakers scrambling for the bloc to be a contender in the generative AI race are presenting a package of support measures aimed at charging up homegrown AI startups and scale ups. Artificial intelligence technologies — and especially generative AI models which are trained on very large data-sets and
Read moreSpotify teases in-app purchases for EU iPhone users ahead of incoming DMA regulation
Spotify is gearing up to test Apple’s response to new European regulations designed to prevent so-called digital “gatekeepers” from engaging in anticompetitive practices. The music-streaming giant has shared a bunch of mockups to illustrate what its iPhone and iPad app could soon look like, including information about pricing, subscription offers
Read moreGeneral Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B
Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022
Read moreGoogle’s Gradient backs Send AI to help enterprises extract data from complex documents
A fledgling Dutch startup wants to help companies extra data from large volumes of complex documents where accuracy and security is paramount — and it has just secured the backing of Google’s Gradient Ventures to do so. Send AI, as the startup is called, is taking on established incumbents in
Read moreThe demands of regulated industries helped this startup raise $8M for its conversational AI approach
As conversational AI begins to take over the world, chatbots are being given a new lease of life. However, there are clear hazards on the road ahead. Parcel delivery giant DPD recently had to disable part of its online support chatbot after it swore at a customer. A user managed to
Read moreAn increasing consumer appetite for sustainable packaging is powering a new wave of startups
With the packaging market being valued at as much as €1 trillion globally it’s become a ripe field for startups to engage this market with digital products that can bring efficiency to a highly traditional industry. This is perhaps why Packmatic, a Berlin-based digital packaging marketplace has raised a €15 million
Read moreeBay plans to cut 1,000 jobs because it couldn’t grow enough
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. The company said in a blog post that it also plans to cut contract roles in the coming months. The company’s CEO Jamie Iannone
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