Artificial intelligence news for the week ending July 19: Updates from exa, Salesforce, Vectara, and more

AI News


Solutions Review Editor-in-Chief Tim King has compiled a list of notable artificial intelligence news for the week of July 19, 2024.

Staying up to date on all the most relevant artificial intelligence news can be a time-consuming task, which is why our editorial team aims to provide you with a summary of the top news in the space from the last week. Solution Review editors curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy artificial intelligence news items.

Artificial Intelligence News for the week of July 192024

Antropic and Menlo Ventures Launch New $100 Million AI Fund

As investors flock to the hottest deals, venture capitalists are looking for ways to make their offers more attractive to lure AI startups. Funding for AI startups more than doubled in the second quarter from the first quarter to more than $24 billion, according to Crunchbase data.

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C3 AI Collaborates with Google to Launch GenAI for Government Programs

Empowering the public to find answers directly through an intuitive search and chat interface reduces call volume and burden on support centers, allowing service representatives to focus on more complex cases and inquiries.

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CARTO Releases New Analytical AI Agent in Private Preview

The introduction of CARTO AI agents removes the complexity barriers that traditionally limited the use of mapping applications to geospatial experts. Leveraging large-scale language models (LLMs), AI agents provide a more intuitive conversational interface, enabling users of all technical backgrounds to easily navigate and analyze complex spatial data.

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New EY report: Executives focus on AI, offering five implementation strategies for success

At the same time, companies that are already doubling down on their investments are also feeling the impact. While nearly all companies are investing in AI, our findings reveal a disconnect between those conducting small experiments and those making larger investments.

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Exa Raises $22 Million in Series A Funding

Exa trains its embedding model using the same technology as ChatGPT to convert web pages into lists of numbers, called embeddings. The result is a technology that packs the power of large language models (LLMs) into the search process itself.

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Kore.AI Launches GALE for LLM Experiments

Raj Koneru, founder and CEO of Kore.ai, said GALE is especially suited for organizations that don't have AI specialists on their team to create AI agents that can significantly improve the productivity of various teams, and it can also be useful for organizations that are struggling to find the best use cases for AI to boost productivity.

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Netskope Integrates with ChatGPT Enterprise

Integration with ChatGPT Enterprise Netskope One Platform It provides organizations with enhanced security capabilities, including application visibility, strong policy enforcement, advanced data security, and comprehensive security posture management.

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Salesforce Introduces New Autonomous AI Agents

It uses generative AI to create conversational responses that are based on a company's trusted business data, including Salesforce CRM data, and are tailored to match a company's brand voice, tone, and guidelines with just a few clicks. For service organizations, this means reducing the volume of frictionless inquiries that kill productivity, and allowing them to focus on tasks that require a human touch.

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Vectara Raises $25 Million in Series A Funding

The funding will enable Vectara to drive internal innovation, strengthen its go-to-market resources and expand its offerings in Australia and the EMEA region. As part of the round, Pegah Ebrahimi, Co-Founder and Managing Partner of FPV Ventures, will join Vectara's Board of Directors.

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What the experts say section

Watch this space as each week our editors will share upcoming events, new thought leadership, and top resources. Insight JamSolution Review Enterprise Technology Community It's where the human conversation about AI is happening. Our goal is to provide advanced analysis and help you understand trends through expert advice, best practices, predictions, and vendor-neutral software assessment tools.

on demand – Friday Jam Session: Why AI and Analytics Success is All About Architecture (with Bob Eve and John Santaferraro)

This month on The Jam Session, host Bob Eve and guests John Santaferraro, Roy Hasson, and Andrew Madson talk data architecture. The panel discusses some of the engineering marvels (and fiascos) they've seen in their careers and offers valuable insights into the future of data quality, metadata management, real-time analytics, and AI agent architecture.

Watch on YouTube

Insight Jam Expert Panel Weighs AI Innovation and AI Ethics

Our expert panel will discuss ethical considerations and risk management in the development and deployment of AI. Panelists will explore various approaches to ensuring ethical AI use, including implementing guardrails, assessing risk matrices, and promoting ethical standards through executive leadership.

Watch on YouTube

Insight Jam Expert Panel Explores Democratization of AI

Our panel of experts explores the concept of AI democratization and its impact on business. They examine how artificial intelligence tools are becoming more widely available, despite an initial dominance by large tech companies.

Watch on YouTube

on demand – Friday Jam Session: Why AI and Analytics Success is All About Architecture (with Bob Eve and John Santaferraro)

This month on The Jam Session, host Bob Eve and guests John Santaferraro, Roy Hasson, and Andrew Madson talk data architecture. The panel discusses some of the engineering marvels (and fiascos) they've seen in their careers and offers valuable insights into the future of data quality, metadata management, real-time analytics, and AI agent architecture.

Watch on YouTube

Send your submission to our editors for consideration in our upcoming AI news roundup: email address.

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