Legal software company Clio raises massive $900M round to power AI advances

Legal software company Clio raises massive $900M round to power AI advances

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The 16-year-old Canadian legal software firm Clio, which makes a cloud-based operating system for law firms that handles everything from client intake to court filings to accounting, announced today that it has raised $900 million in a Series F investment round. This massive round was led by New Enterprise Associates (NEA) and values the firm at a total of $3 billion. Clio is touting it as the largest transaction ever in cloud legal technology, and says the money will be used…
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6 Best Salesforce Competitors and Alternatives for 2024

6 Best Salesforce Competitors and Alternatives for 2024

Image: Salesforce Salesforce is a popular cloud-based customer relationship management software that unites marketing, sales and service solutions within a single application. It offers advanced AI-powered tools and can be scaled up or down to meet the unique needs of any business. While it can provide a mix of core features and advanced technical offerings, it’s understandable to want to see how it compares to its competitors or alternatives before committing to a premium subscription. 1 monday CRM Employees per Company Size Micro (0-49), Small (50-249), Medium (250-999), Large (1,000-4,999), Enterprise (5,000+) Any Company Size Any Company Size Features Calendar,…
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Lifetimes in Rust explained

Lifetimes in Rust explained

I want to discuss a fundamental concept you must grasp to master the Rust programming language: “Lifetimes.” Usually, when we learn about a programming language, we reference other languages, like “it works like in JavaScript,” “it’s similar to Python,” and so on. We can’t make this analogy in this case because “Lifetimes” are peculiar to the Rust programming language. Lifetimes in Rust ensure that references are valid as long as they are used, preventing common bugs like dangling pointers and use-after-free errors. This article explores lifetimes, their significance, and how to work with them through examples. If you prefer a…
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North America’s Lead Widens In Ranking Of Startup Funding By Continent

North America’s Lead Widens In Ranking Of Startup Funding By Continent

Venture capital is a global asset class. But lately, North America is gobbling up an increasing share of total investment, driven largely by rising sums going to artificial intelligence startups. How big is its lead? Using Crunchbase data, we charted funding in recent six-month periods to the six inhabited continental regions of the globe: North America, Asia, Europe, Latin America, Africa, and Oceania, which includes Australia and New Zealand. In the first six months of this year, startups in the United States and Canada pulled in $80.1 billion — more than the rest of the world combined. Of that, around…
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BOND: Aligning LLMs with Best-of-N Distillation

BOND: Aligning LLMs with Best-of-N Distillation

[Submitted on 19 Jul 2024] Authors:Pier Giuseppe Sessa, Robert Dadashi, Léonard Hussenot, Johan Ferret, Nino Vieillard, Alexandre Ramé, Bobak Shariari, Sarah Perrin, Abe Friesen, Geoffrey Cideron, Sertan Girgin, Piotr Stanczyk, Andrea Michi, Danila Sinopalnikov, Sabela Ramos, Amélie Héliou, Aliaksei Severyn, Matt Hoffman, Nikola Momchev, Olivier Bachem View a PDF of the paper titled BOND: Aligning LLMs with Best-of-N Distillation, by Pier Giuseppe Sessa and 19 other authors View PDF HTML (experimental) Abstract:Reinforcement learning from human feedback (RLHF) is a key driver of quality and safety in state-of-the-art large language models. Yet, a surprisingly simple and strong inference-time strategy is Best-of-N…
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Advancing Melanoma Diagnosis with Self-Supervised Neural Networks: Evaluating the Effectiveness of Different Techniques

Advancing Melanoma Diagnosis with Self-Supervised Neural Networks: Evaluating the Effectiveness of Different Techniques

arXiv:2407.14628v1 Announce Type: new Abstract: We investigate the potential of self-supervision in improving the accuracy of deep learning models trained to classify melanoma patches. Various self-supervision techniques such as rotation prediction, missing patch prediction, and corruption removal were implemented and assessed for their impact on the convolutional neural network's performance. Preliminary results suggest a positive influence of self-supervision methods on the model's accuracy. The study notably demonstrates the efficacy of the corruption removal method in enhancing model performance. Despite observable improvements, we conclude that the self-supervised models have considerable potential for further enhancement, achievable through training over more epochs or…
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From PC Giant To AI Innovator: It’s Time To Refresh Your Perception Of Lenovo

From PC Giant To AI Innovator: It’s Time To Refresh Your Perception Of Lenovo

Lenovo was first established in 1984 with only 11 entrepreneurs. Now hitting its 40-year anniversary, Lenovo has become a multinational corporation with $62 billion in revenue and 77,000 employees worldwide, ranking at 217 in the Fortune Global 500. In 2014, Lenovo began diversifying its business by acquiring Motorola Mobility and IBM’s x86 server division. Despite these significant expansions, many enterprise decision-makers around the world still primarily view Lenovo as the leading consumer PC manufacturer. Last week, I attended Lenovo’s first APAC analyst briefing in Shanghai. Over two days of insightful sessions, I observed how Lenovo’s strategic investments in AI-powered solutions…
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OpenResearch reveals potential impacts of universal basic income

OpenResearch reveals potential impacts of universal basic income

A study conducted by OpenResearch has shed light on the transformative potential of universal basic income (UBI). The research aimed to “learn from participants’ experiences and better understand both the potential and the limitations of unconditional cash transfers.” The study – which provided participants with an extra $1,000 per month – revealed significant impacts across various aspects of recipients’ lives, including health, spending habits, employment, personal agency, and housing mobility. In healthcare, the analysis showed increased utilisation of medical services, particularly in dental and specialist care. One participant noted, “I got myself braces…I feel like people underestimate the importance of…
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Toyota Pulls Off a Fast and Furious Demo With Dual Drifting AI-Powered Race Cars

Toyota Pulls Off a Fast and Furious Demo With Dual Drifting AI-Powered Race Cars

Losing traction while driving at high speed is generally very bad news. Scientists from the Toyota Research Institute and Stanford University have developed a pair of self-driving cars that use artificial intelligence to do it in a controlled fashion—a trick better known as “drifting”—to push the limits of autonomous driving.The two autonomous vehicles performed the daredevil stunt of drifting tandem around the Thunderhill Raceway Park in Willows, California, in May. In a promotional video, the two cars roar around the track a few feet from one another after human drivers relinquish control.Chris Gerdes, a professor at Stanford University who led…
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