aiOla, a pioneer in speech AI technology, has unveiled Whisper-NER, an innovative AI model that integrates automatic speech recognition (ASR) with named entity recognition (NER). Designed to enhance privacy, security, and compliance, this first-of-its-kind model can detect and mask sensitive information, like names, phone numbers, and addresses, during the transcription process.
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Thomson Reuters, a technology-driven content company, announced testing a custom GenAI model for its CoCounsel platform. Built on OpenAI's o1-mini large language model (LLM), this advanced assistant is tailored to perform complex legal tasks with enhanced reasoning and detailed responses. The development is part of Thomson Reuters' ongoing collaboration with leading AI providers to create professional-grade generative AI solutions.
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PlayAI, a cutting-edge voice AI platform, has raised $21 million in a Seed funding round led by Kindred Ventures and 500 Global, with contributions from prominent investors like Race Capital, Y Combinator, and others. The funding will enhance PlayAI's generative AI voice models, voice agent platform, and accelerate businesses' ability to create human-like speech experiences.
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DXC Technology, a Fortune 500 leader in global technology services, has extended its strategic partnership with ServiceNow, the AI platform for business transformation, to accelerate Generative AI (GenAI) adoption for businesses worldwide. Together, they have launched a Center of Excellence (CoE), combining DXC’s consulting and implementation expertise with ServiceNow’s Now Assist GenAI solutions. This collaboration aims to fast-track AI value realization, enhance operational efficiency, and drive transformative results for organizations.
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Baffle, a leader in data protection, has announced a significant expansion of its capabilities to include pgvector on PostgreSQL, making it the first to offer Real Queryable Encryption (RQE) for vector databases. This extension provides enhanced security for sensitive data stored in vector databases, such as text and embeddings, used by Generative AI (GenAI) applications. As organizations increasingly rely on vector databases for memory and retrieval tasks in their GenAI applications, this new feature ensures sensitive data remains protected while maintaining functionality like similarity searches and other operations.
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Denodo, a leader in data management, has unveiled Denodo Platform 9.1, which builds upon the capabilities introduced in Denodo Platform 9 released earlier this year. With this new release, Denodo has significantly advanced its AI-powered features, enabling organizations to leverage Generative AI (GenAI) and retrieval-augmented generation (RAG) for more efficient data management, insights, and automation. Key highlights of Denodo Platform 9.1 include the introduction of the Denodo Assistant and a new AI SDK, transforming the way businesses integrate and interact with their data.
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At HPE Discover 2024, Deloitte announced an expanded partnership with Hewlett Packard Enterprise (HPE), unveiling the innovative HPE Private Cloud AI with NVIDIA. This first-of-its-kind solution integrates NVIDIA AI computing with HPE's AI storage and compute, powered by the HPE GreenLake cloud. The collaboration aims to enhance Deloitte’s existing AI capabilities and help businesses of all sizes deploy Generative AI (GenAI) solutions tailored to their industry needs.
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Veritone, Inc., a leader in enterprise AI solutions, has announced the launch of the Veritone Data Refinery (VDR). This cutting-edge platform empowers organizations to convert vast amounts of unstructured data into structured, AI-ready datasets. Leveraging Veritone’s proprietary aiWARE™ platform, VDR is set to revolutionize how businesses prepare and manage their video, audio, and text data for training advanced AI models while unlocking significant monetization opportunities.
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Appy Pie Endpoint, a leading provider of AI-powered APIs, has announced a groundbreaking suite of Virtual Try-On APIs designed to enhance the e-commerce shopping experience. With solutions like the Appy Pie Virtual Try-On API and Kolors Virtual Try-On API, retailers can offer customers a highly engaging and interactive way to virtually try products before making a purchase, bridging the gap between online and in-store shopping.
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