Chinese Organizations Use Cloud to Access Restricted AI Chips
Chinese entities circumvent US export restrictions by renting AI chips from US cloud providers, prompting proposed tighter regulations.
AI21’s Jamba 1.5 Boosts Hybrid SSM Transformer Model to Enable Agentic AI
Jamba 1.5 Model combines transformer and SSM, introducing features like citation mode for enhanced AI performance and transparency.
Vectara Portal Empowers Non-Developers to Build AI Apps for Data Interaction
The Vectara Portal democratizes AI development, simplifying app creation for non-developers and potentially improving decision-making and enterprise adoption.
Otto Raises $6M in Seed Funding to Build AI-Powered Business Travel Assistant
Otto, a Seattle startup, raised $6M led by Madrona Ventures to develop an AI travel assistant for business travel.
Pitchit Raises $2.5M in Seed Funding to Enhance AI-Powered Lead Qualification Platform
Pitchit, an AI-driven lead qualification platform, secured $2.5M in funding to enhance AI capabilities and improve sales efficiency. Market adoption is growing.
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