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FedML Closes $11.5 Million Seed Round to Help Companies Build and Train Custom Generative AI Models

SUNNYVALE, Calif.–(BUSINESS WIRE)–July 19, 2023– FedML today announced that it closed $11.5 million in seed funding to expand development and adoption for its distributed MLOps platform, which helps companies efficiently train and serve custom generative AI and large language models using proprietary data, while reducing costs through decentralized GPU cloud resources shared by the community. […]

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AI21 Labs debuts a plug-and-play AI engine for enterprise data

Head over to our on-demand library to view sessions from VB Transform 2023. Register Here AI21 Labs, the Tel Aviv-based NLP major behind the Wordtune editor, has announced the launch of a plug-and-play generative AI engine to help enterprises drive value from their data assets. Dubbed Contextual Answers, the offering comes as a dedicated API […]

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MosaicML launches MPT-7B-8K, a 7B-parameter open-source LLM

Head over to our on-demand library to view sessions from VB Transform 2023. Register Here MosaicML has unveiled MPT-7B-8K, an open-source large language model (LLM) with 7 billion parameters and an 8k context length.  According to the company, the model is trained on the MosaicML platform and underwent a pretraining process commencing from the MPT-7B […]

Nvidia became a $1 trillion company thanks to AI. Look inside its lavish ‘Star Trek’-inspired HQ  | The AI Beat

Head over to our on-demand library to view sessions from VB Transform 2023. Register Here Over a million square feet across two massive steel and glass structures. Hundreds of conference rooms named after Star Trek places, alien races and starships, as well as astronomical objects — planets, constellations and galaxies. Acres of greenery and elevated […]

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Fortune Media and Great Place To Work Names Daversa Partners to 2023 Fortune Best Workplaces for Millennials List

NEW YORK–(BUSINESS WIRE)–July 19, 2023– Great Place To Work® and Fortune magazine have honored Daversa Partners as one of the 2023 Best Workplaces for Millennials. This is Daversa Partners’ first time being named to this prestigious list, coming in at No. 22. Earning a spot means that Daversa Partners has surpassed rigorous benchmarks, establishing itself […]

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Netflix’s AI legacy lives on: Outerbounds applies streaming giant’s lessons to enterprise AI

Outerbounds, a machine learning infrastructure startup, today announced new product capabilities to help enterprises prepare for and adopt generative AI models like ChatGPT. The company’s cofounders, CEO Ville Tuulos and CTO Savin Goyal, both former Netflix data scientists, aim to position Outerbounds as a leading provider of ML infrastructure as businesses increasingly look to leverage […]

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Circle Pharma Achieves Major Milestone with the Selection of a Clinical Development Candidate Directly Inhibiting Cyclins A and B

CID-078 is a first-in-class oral macrocycle that drives synthetic lethality in a wide range of cancers Circle expects to initiate clinical studies in 2024 SAN FRANCISCO–(BUSINESS WIRE)–July 19, 2023– Circle Pharma, a biopharmaceutical company advancing the discovery and development of intrinsically cell-permeable macrocycles, announced today the selection of CID-078 for its first clinical development program. […]

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STRONGER 2023 Conference Registration is Open!

The industry’s premier virtual cybersecurity conference opens registration this week BOSTON–(BUSINESS WIRE)–July 19, 2023– CyberSaint, the leader in cyber risk management, today announced that attendee registration is now open for its annual STRONGER conference, the cybersecurity industry’s premier virtual and free conference set to occur September 12th-14th, 2023. The conference spans three days and includes […]