Solutions Review Editor-in-Chief Tim King has compiled a list of notable artificial intelligence news for the week of June 14, 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 June 142024
Akkio launches 'industry-first' advertising agency focused LLM
Unlike general-purpose AI chatbots, Akkio’s platform is trained to learn common queries from analysts and media teams used to build and monitor campaigns. AD Master of Laws Connect directly to popular advertising data sources like Google Ads and Meta, as well as the most popular data warehouses like Snowflake and BigQuery. Then easily share your answers in dashboards that you can use for internal collaboration or reporting with external clients.
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Anomaro Announces AI-Powered Unstructured Text Monitoring
Anomalo's unstructured capabilities enable businesses to discover, curate, leverage, and ingest large amounts of text data without the risk of using low-quality data, which is especially important for Generative AI applications. This new feature is currently in private beta.
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Apple unveils Apple Intelligence and more at annual Developer Show
Apple's new technology aims to blend AI personalization with the privacy the company has built its reputation for over a decade. Of course, Apple might do some of the creepy things its rivals' AI models do, but the company promises it will be extremely safe and helpful.
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AWS adds $230 million in cloud credits to AI startups
The program also provides go-to-market support and business and technical mentorship. Participants can leverage a network that includes AWS domain experts and key AWS partners, including NVIDIA, Meta, Mistral AI, and venture capital firms that are investors in generative AI. AWS also announced two new AI certifications this week:
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Boomi Launches New AI Agent
An AI agent is an advanced software entity designed with a specific scope and characteristics, capable of operating within predefined parameters and exhibiting specific behaviors. It can operate autonomously, make decisions using advanced AI-based reasoning algorithms, and take actions independently to achieve a goal.
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Certa Adds GenAI Capabilities to Risk Management and Compliance Platform
This heralds a new era of efficient, intelligent third-party risk and compliance management. With generative AI built into the entire Certa platform, a redesigned user interface and a plug-and-play ESG module, Certa empowers organizations to proactively navigate regulatory complexities and deliver robust, compliant and sustainable third-party relationships.
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Cognigy Raises $100 Million for AI-Powered Contact Centers
Customers create their AI assistants through a low-code interface, and the console allows them to customize the messages the chatbot generates and configure it to perform tasks in a company's internal applications.
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Cribl Launches AI-Powered Copilot for Data Management
Cribl Copilot is an AI-powered intelligent guide that improves the efficiency of managing IT and security data at scale. With an innate understanding of the intricacies of complex data infrastructures, Cribl Copilot delivers value from day one by helping users accelerate deployment and get the data they need in minutes.
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Databricks Announces AI/BI Intelligent Analytics, New LakeFlow and Open Source Unity Catalog
Databricks AI/BI offers two complementary experiences: Dashboards, an AI-powered, low-code interface for creating and distributing fast, interactive dashboards, and Genie, a conversational interface for addressing ad-hoc and follow-up questions through natural language.
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Luma AI unveils new dream machine for large-scale video production
This accessibility could have a major impact on the video content creation and AI industries, as Luma AI's Dream Machine will rival the highly anticipated release of OpenAI's Sora, which also generates video from text.
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Matillion Releases RAG and Pushdown AI Components for Databricks
Matillion has a long-standing partnership with data and AI company Databricks, enabling integration and pushdown into the Databricks SQL data warehouse, providing significant benefits to customers.
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Mistral AI secures $645 million in venture capital funding
The French startup is just over a year old, but has raised a huge amount of funding and is trying to take on OpenAI to become the European AI champion. Mistral AI is building so-called large-scale language models that underpin applications such as chatbots, as popularized by ChatGPT.
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MongoDB Partners with Bendigo and Adelaide Banks for GenAI Banking
Bendigo and Bank of Adelaide partnered with MongoDB to modernize its core banking technology, using MongoDB Atlas as the linchpin of an ambitious application modernization initiative.
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Neo4j Integrates Graph Analytics with Snowflake AI Cloud
This technology has the potential to enable Snowflake SQL users to bring more projects into production faster, accelerate time to value, and generate more accurate business insights to drive better decisions.
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NVIDIA and Databricks Partnership
Through this expanded partnership, Databricks is adding native support for NVIDIA GPU acceleration to the Databricks Data Intelligence Platform. Today's announcement builds on Databricks and NVIDIA's collaboration to deliver rich experiences to enterprises through training traditional ML models, building and deploying generative AI applications, optimizing digital twins, and more.
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Parsable discontinues AI-powered analytics features
Parsable's AI-powered analytics capabilities provide customizable, real-time data visualization tools to empower frontline operators to make informed decisions instantly and address issues as they arise, improving overall efficiency and cost-effectiveness.
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Paul M. Nakasone Joins OpenAI's Board of Directors and Security Committee
“By rapidly detecting and responding to cybersecurity threats, we will also contribute to OpenAI's efforts to better understand how AI can be used to strengthen cybersecurity,” Nakasone said.
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Pulumi unveils new Copilot module
Leveraging the familiar GPT experience we all know, love and use every day, engineers can find and address any resource in their cloud environment. Pulumi Copilot ushers in a new era of cloud infrastructure management, lowering barriers and enabling organizations to achieve greater agility and innovation in the cloud.
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Quantexa Unveils New GenAI Suite with Big Names
Once ready for deployment, Quantexa customers will be able to operationalize Gen AI for transformative benefits without additional investments in infrastructure, tools or additional skilled resources. Thursday's announcement said Nakasone “has served as a commander and staff officer at all levels of the U.S. Army and deployed to elite cyber forces in the U.S., Korea, Iraq and Afghanistan.”
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Scality RING Powers SeqOIA's Novel Genomics Research
This is the latest in a series of deployments leveraging RING as a fundamental analytics and AI data lake repository for organizations in the healthcare, financial services and travel services sectors around the world.
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Shreds.AI unveils “first” AI capable of generating complex software
It also solves the problem of software obsolescence, extends software lifespan by over 60% through automated maintenance, and makes it easier to switch between software technologies, such as from PHP to Java, C++ to JavaScript, etc.
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Splunk Adds Data Management and AI Tools to Observability Solution
Additionally, Splunk also unveiled a security AI assistant that leverages generative artificial intelligence (GenAI) to provide summaries and recommendations using a natural language interface and streamline incident investigations by invoking the Splunk Search Processing Language (SPL).
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Unravel Data Launches Purpose-Built Autonomous AI Agents
While generative AI capabilities such as large-scale language models allow users to ask general questions and get broad answers, AI agents are designed to perform specific, actionable tasks within a domain.
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WIPRO and HPE Launch On-Premise Gen AI Solution
The solution leverages Wipro's Smart Operations Platform and HPE's machine learning development environment to improve operational efficiency and customer experience for global enterprises.
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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.
Wait, Who Owns My Data Now? New Episode of Information Risks with David Rossin now available
Doug Atkinson and David Rossin analyze the FCC's recent forfeiture orders for location data violations by major telecommunications companies. They discuss the complexities of data sharing, the importance of governance, and the implications of information misuse.
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On Demand: Do we still need data catalogs in a GenAI world?
On this month's episode of “The Jam Session,” host Bob Eve joins Robert Saynor, Juan Sequeda and Austin Clontz to address this pressing issue. Discuss the evolving role of generative AI and data catalogsexploring their complementary strengths.
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SR Expert @ Insight Jam Samir Sharma reveals the seven deadly sins of data strategy
Working with businesses across the globe has given me a lot of insight into why companies get lost in the mire of technology and new toy syndrome. Ignoring the power of data in the race to stand out from the competition is a surefire way to destroy your business. It's not working for you, with little to no benefit or results.
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Solution Review to Host Exclusive Spotlight Event on Observe.AI on June 18th
Join us for a special webinar announcing the next generation of Observe.AI's Conversation Intelligence Platform, a pivotal technology that will change the contact center game. Don't miss this opportunity to get ahead of the curve and revolutionize your contact center operations.
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Solutions Review to host exclusive Nexthink spotlight event on June 25th
Nexthink uses AI to help organizations move from reactive to proactive to preventative IT management to continuously improve digital employee experience and productivity. In part 1 of this 45-minute session, learn how Nexthink customers are leveraging AI TODAY to make faster, more informed decisions for their businesses.
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