SiliconANGLE

AI-powered accounting startup Basis raises $34M in funding – SiliconANGLE

AI-powered accounting startup Basis raises $34M in funding – SiliconANGLE

Basis, a startup developing artificial intelligence software for accounting firms, today announced that it has closed an early-stage $34 million investment. The Series A round was led by Khosla Ventures. It also drew contributions from Better Tomorrow Ventures, BoxGroup, Avid Ventures and NFDG, a fund run by former GitHub Chief Executive Nat Friedman and former Apple Inc. executive Daniel Gross. They were joined by several angel investors, including Google LLC Chief Scientist Jeff Dean. Basis, officially Essex Labs Inc., provides an AI platform that promises to make accountants more productive by automating repetitive parts of their work. The software is…
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Google expands Code Assist with support for third-party data sources – SiliconANGLE

Google expands Code Assist with support for third-party data sources – SiliconANGLE

Google LLC is updating its Code Assist tools that are designed to help increase developed productivity from within integrated development environments such as JetBrains and Visual Studio Code. In a blog post, Google Director of Product Management Ryan Salva and Group Product Manager Prithpal Bhogill said Code Assist will now be powered by Gemini 2.0, the company’s most advanced large language model, which supports a longer context window. That means it can understand larger code bases than before. In addition, Google is planning to launch various new Gemini Code Assist tools in private preview. They’ll connect it to data sources…
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OpenAI makes the full version of its o1 reasoning model available, but only to some developers – SiliconANGLE

OpenAI makes the full version of its o1 reasoning model available, but only to some developers – SiliconANGLE

OpenAI said today it’s making the full version of its o1 reasoning model available to its most committed developer customers. Today’s announcement came on the ninth day of its holiday-themed press blitz, known as “12 Days of OpenAI,” where the company said it’s rolling out access to the full o1 model for developers in the “Tier 5” category only. That means it’s restricted to developers who have had an account with OpenAI for at least one month, and who are spending at least $1,000 per month on its services. Prior to today’s announcement, developers could only access the less powerful o1-preview model.…
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SandboxAQ raises $300M at $5.6B valuation to develop AI and quantum technology – SiliconANGLE

SandboxAQ raises $300M at $5.6B valuation to develop AI and quantum technology – SiliconANGLE

SandboxAQ, a company that develops artificial intelligence and quantum sensing technology, announced today that it has raised more than $300 million in new funding at a valuation of more than $5.6 billion to accelerate the development of specialized AI models. Investors participating in the round included former Google Chief Executive Eric Schmidt, Salesforce Inc. founder and CEO Marc Benioff, Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund and Ava Investments, among others. Spun out of Alphabet Inc. in 2022, SandboxAQ’s name refers to “A” for AI…
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AI copilot for game devs Coplay raises $1.2M – SiliconANGLE

AI copilot for game devs Coplay raises $1.2M – SiliconANGLE

Coplay, an artificial intelligence copilot for game developers, said today it has raised $1.2 million in pre-seed funding to build its game development AI assistant. Failup Ventures led the round, with participation from Tower Research Ventures, Founders Inc., Sequoia Scouts and other investors. Game development can be a tedious task for software engineers, who must work with code, images, 3D models and other assets in order to produce working game mechanics. Coplay provides a conversational interface that allows developers to automate the creation, assignment, optimization and debugging of game objects, assets and properties in projects when using the Unity game…
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Florida rolls out AI-driven emergency warning system – SiliconANGLE

Florida rolls out AI-driven emergency warning system – SiliconANGLE

Following the second-costliest hurricane season on record, the Florida Division of Emergency Management is launching a warning system that uses artificial intelligence to deliver detailed information to affected residents at what it says are unprecedented speeds and levels of detail. The Broadcast Emergency Alerts and Communications Operations Network, which news syndicator Futuri Media LLC developed in partnership with FDEM and the University of Florida, uses a combination of legacy and high-tech digital technology to automate the process of creating updates and advisories for broadcast by radio, TV and a free mobile app. Multilingual Beacon automatically captures, prioritizes and translates all…
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Perplexity AI gets $500M in funding, immediately spends some of it to buy RAG startup Carbon – SiliconANGLE

Perplexity AI gets $500M in funding, immediately spends some of it to buy RAG startup Carbon – SiliconANGLE

Perplexity AI Inc., the creator of an artificial intelligence search engine and a competitor to OpenAI, today revealed it has closed on a hefty $500 million funding round that brings its value to a cool $9 billion. The round was announced by Bloomberg, and came shortly after Perplexity confirmed it had closed on its second-ever acquisition, buying a company called Carbon, officially known as JDCT Inc., for an undisclosed price. Institutional Venture Partners is said to have led Perplexity’s latest funding round, which closed earlier this month. No other participants were mentioned in Bloomberg’s report. The funding makes Perplexity one…
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OpenAI goes retro, making ChatGPT available over the phone – SiliconANGLE

OpenAI goes retro, making ChatGPT available over the phone – SiliconANGLE

On day 10 of its Christmas holiday-themed press blitz, OpenAI announced one of the most intriguing updates yet, saying ChatGPT is now available over the telephone. It’s now possible to call ChatGPT directly, and for free, at 1-800-CHATGPT, and engage with it for up to 15 minutes per month, though standard carrier fees may apply. The new feature was reportedly dreamed up just a few weeks ago, said OpenAI Chief Product Officer Kevin Weil in a livestream that announced it to the world. It’s available only to users in the U.S. at this time, but for those who live elsewhere,…
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AI understandability explored through the Scanbuy use case – SiliconANGLE

AI understandability explored through the Scanbuy use case – SiliconANGLE

As artificial intelligence evolves, causality has emerged as the cornerstone for ensuring transparency and trust, transforming industries such as advertising while redefining decision-making. Unlike gen AI, which focuses on predictions and patterns, causal AI explores the “why” behind outcomes. In doing so, causal AI has become a key linchpin in the emergence AI understandability. Causal AI opens the “black box” of traditional AI, empowering organizations with insights into variable interactions and their influence on outcomes. This level of transparency fosters accountability and enhances explainability, qualities necessary for navigating increasingly stringent regulations. In a causal AI use case, theCUBE Research’s Scott…
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Patronus AI releases Glider: a small, high-performance AI evaluator model for other models – SiliconANGLE

Patronus AI releases Glider: a small, high-performance AI evaluator model for other models – SiliconANGLE

Patronus AI Inc., a startup that builds tools for companies to detect and fix reliability issues in their large language artificial intelligence models, today announced the launch of a small but mighty AI model that can evaluate and judge the accuracy of much larger models. The company calls its model Glider, a 3.8 billion parameter open-source LLM designed to be a fast, flexible judge for AI language models. The company said it’s the smallest model to date to outperform competing models such as OpenAI’s GPT-4o-mini, which is commonly used as an evaluator. Large language model evaluation is the process of…
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