By
Paula ParisiDecember 18, 2024
Twelve Labs has raised $30 million in funding for its efforts to train video-analyzing models. The San Francisco-based company has received strategic investments from notable enterprise infrastructure providers Databricks and SK Telecom as well as Snowflake Ventures and HubSpot Ventures. Twelve Labs targets customers using video across a variety of fields including media and entertainment, professional sports leagues, content creators and business users. The funding coincides with the release of Twelve Labs’ new video foundation model, Marengo 2.7, which applies a multi-vector approach to video understanding. Continue reading Twelve Labs Creating AI That Can Search and Analyze Video
By
Paula ParisiDecember 3, 2024
Couchbase, the publicly traded data platform for developers, has launched Capella AI Services with the aim of simplifying the process of developing and deploying agentic AI apps for enterprise clients. Capella AI joins the company’s flagship Couchbase Capella cloud data platform. AI offerings include model hosting, automated vectorization, unstructured data preprocessing and AI agent catalog services. Couchbase’s goal is to “allow organizations to prototype, build, test and deploy AI agents” while giving developers control over data across the development lifecycle, including secure data mitigation for large language models running outside the organization. Continue reading Couchbase Capella AI Helps Deploy Agents, Models, Services
By
Paula ParisiNovember 27, 2024
Anthropic is releasing what it hopes will be a new standard in data integration for AI. Called the Model Context Protocol (MCP), its goal is to eliminate the need to customize each integration by having code written each time a company’s data is connected to a model. The open-source MCP tool could become a universal way to link data sources to AI. The aim is to have models querying databases directly. MCP is “a new standard for connecting AI assistants to the systems where data lives, including content repositories, business tools, and development environments,” according to Anthropic. Continue reading Anthropic Protocol Intends to Standardize AI Data Integration
By
Paula ParisiAugust 19, 2024
The list of potential risks associated with artificial intelligence continues to grow. “Global AI adoption is outpacing risk understanding,” warns the MIT Computer Science & Artificial Intelligence Laboratory (CSAIL), which has joined with the MIT multidisciplinary computer group FutureTech to compile the AI Risk Repository, a “living database” of more than 700 unique risks extracted across 43 source categories. Organized by cause, classifying “how, when and why these risks occur,” the repository is comprised of seven risk domains (for example, “misinformation”) and 23 subdomains (such as “false or misleading information”). Continue reading MIT’s AI Risk Assessment Database Debuts with 700 Threats
By
Paula ParisiJuly 17, 2024
Microsoft is working on a new productivity tool that helps artificial intelligence better understand spreadsheets. Still in the experimental phase, SpreadsheetLLM addresses challenges that are unique to applying AI to spreadsheets, “with their extensive two-dimensional grids, various layouts, and diverse formatting options,” the company explains. Hailed as a significant development in the enterprise space, where spreadsheets are used for everything from data entry to financial modeling and are shared among departments, Microsoft points out that as a research area spreadsheet-optimized AI has generally been overlooked in favor of flashier use-cases. Continue reading Microsoft Targets Enterprise Productivity with Spreadsheet AI
By
Paula ParisiJune 25, 2024
OpenAI has acquired Rockset, a database firm that provides real-time analytics, indexing and search capabilities. Rockset will help OpenAI enable its customers to better leverage their own data as they build and utilize intelligent applications. Rockset technology will be integrated into the retrieval infrastructure across OpenAI products, with members of Rockset’s San Mateo, California-based team joining the staff of OpenAI, which is headquartered in San Francisco. This is the second major purchase for OpenAI, following last year’s acquisition of New York-based AI design studio Global Illumination. Financial terms of the deal were not disclosed. Continue reading OpenAI to Expand Data Indexing, Analysis with Rockset Tech
By
ETCentric StaffApril 11, 2024
Google is moving its most powerful artificial intelligence model, Gemini 1.5 Pro, into public preview for developers and Google Cloud customers. Gemini 1.5 Pro includes what Google claims is a breakthrough in long context understanding, with the ability to run 1 million tokens of information “opening up new possibilities for enterprises to create, discover and build using AI.” Gemini’s multimodal capabilities allow it to process audio, video, text, code and more, which when combined with long context, “enables enterprises to do things that just weren’t possible with AI before,” according to Google. Continue reading Google Offers Public Preview of Gemini Pro for Cloud Clients
By
Paula ParisiDecember 18, 2023
Amazon has launched a new service called Your Books that allows customers to see all the books they have purchased, borrowed or saved across print, Kindle and Audible. In addition to serving as a reading history, the hub also serves personalized discovery suggestions designed to drive sales. “Simply type ‘Your Books’ in the search bar on the Amazon Store, and the top result will open the Your Books feature. Once there, the Library tab contains every book you have ever bought or borrowed from Amazon,” the e-retail giant explains. Continue reading Amazon Launches ‘Your Books’ for Lists, Recommendations
By
Paula ParisiOctober 11, 2023
Yahoo is spinning out its Vespa platform, which leverages AI and data online at scale. The move is being positioned as an effort to make Vespa more widely available to third parties. After supporting Yahoo’s needs for 16 years, the unit in 2021 began serving external customers including Spotify, Wix and OkCupid for needs such as “searching millions of documents within a global organization, serving better data-driven online ads, or allowing AI-based language apps the ability to scale.” Yahoo says it will continue to invest in Vespa and remain its largest customer even after the split. Continue reading Yahoo Spins Out Big Data Unit Vespa AI as Independent Firm
By
Paula ParisiOctober 24, 2022
Clearview AI, the New York-based facial recognition firm that is targeting 100 billion facial images in its database by the close of 2022, has been fined €20 million ($19.7 million) by France’s data protection authority, the CNIL, for what the agency says is the illegal collection and processing of personal biometric data belonging to French citizens. The fine comes after the CNIL last year ordered Clearview to cease data collection and delete its existing database, instructions the company reportedly ignored. This is Clearview’s third breach of the EU General Data Protection Regulation (GDPR) pertaining to France. Continue reading France Sanctions Clearview AI €20M for Violating GDPR Rules
By
Phil LelyveldJanuary 4, 2022
Sometimes you see a product idea that is so obvious you wonder why no one created it sooner. French company Fittingbox has developed an augmented reality app and a 3D model database that lets you try on new frames for eyewear without taking off your old glasses, so you can actually see what you look like as you try them on. Diminished reality is a subset of augmented reality focused on removing, rather than adding, elements of what you see and hear. The Fittingbox app uses the selfie camera on a smartphone to scan the face of the customer. It then recognizes and removes the wearer’s glasses from the 3D modeled image. Continue reading CES: Fittingbox Demonstrates Unexpectedly Useful AR App
By
Debra KaufmanApril 23, 2020
Google debuted BeyondCorp Remote Access, a cloud-based service allowing remote access of internal systems without using a virtual private network (VPN). With so many employees working from home during the coronavirus pandemic, Google said it has “heard repeatedly … that organizations need an easier way to provide access to key internal applications.” Based on a product built for internal use almost ten years ago, the system uses a “zero-trust approach,” which requires additional authentication before granting access. Continue reading Google Unveils an Internal System for Secure Remote Access
By
Debra KaufmanFebruary 25, 2020
Like any movie franchise installment, Universal Pictures’ “Fast & Furious 8” (also known as “The Fate of the Furious”) relied on footage and data from the sequels that were produced before it. This movie was the proof of concept for Production 3.0, a new platform enabling quick access to assets like 3D VFX models for use in sequels, as well as theme park and AR/VR experiences.“Our production asset archive isn’t organized enough and doesn’t hold all production assets,” said Universal VP of creative technologies Annie Chang, who headed the team that developed it. Continue reading HPA Tech Retreat: Universal Unveils New Production Workflow
By
Debra KaufmanSeptember 6, 2019
Amazon launched its Amazon Web Services (AWS) cloud-computing unit in 2006. AWS generated $8.4 billion in sales in the latest quarter, with operating income up 29 percent to $2.1 billion. Research firm Gartner reported that AWS’ $15.5 billion in annual cloud services is about half of total revenue for this sector last year. Amazon’s closest rival, Microsoft and its Azure cloud service, represents about 15 percent of cloud market sales. Amazon chief technology officer Werner Vogels described the company’s path to dominance. Continue reading Amazon Technology Chief Details Rise to Cloud Dominance
By
Debra KaufmanAugust 24, 2018
Facebook has suspended 400 apps, about double the number it previously said it removed due to “concerns around the developers who built them or how the information people chose to share with the app may have been used.” The company is now investigating these apps and developers. Elsewhere, after Apple ruled that Facebook’s data-security app violated its data collection policies, Facebook pulled the app from the store. Facebook used the app to track the competition and learn more about new product categories. Continue reading Facebook Suspends Apps, Removes its Own From Apple Store