Decagon claims its customer service bots are smarter than average
One red-hot category in the generative AI space is customer support, which isn’t surprising, really, when you consider the tech’s potential to cut contact center costs while increasing scale. Critics argue that generative AI-powered customer support tech could depress wages
France leads the pack for Generative AI funding in Europe
OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so far. But according to a new report out from top VC Accel and the analysts at Dealroom, in Europe and Israel, there is a wave of hopefuls emerging to make their mark
Amazon extends generative AI-powered product listings to Europe
Amazon is bringing its generative AI listing smarts to more sellers, revealing today that those in France, Germany, Italy, Spain, and the U.K. can now access tools designed to improve product listings by generating product descriptions, titles, and associated details
Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M
Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more. So it’s no surprise that it’s a giant target for malicious hackers
How bad bots are dominating Internet traffic in 2024
Close to half (49.6%) of all web traffic in 2023 was driven by bots – a 2% increment from the earlier year, denoting the most elevated level since network safety firm Imperva started checking in 2013.
Anthropic is expanding to Europe and raising more money
The dynamic landscape of generative AI sees intense competition as companies vie for dominance in this burgeoning field. On the heels of OpenAI’s announcement regarding the latest iteration of its GPT large language model, its formidable rival in the United States,
OpenAI Startup Fund raises additional $5M
The OpenAI Startup Fund, an entity dedicated to investing in early-stage AI companies, has recently undergone a transition in its legal control, shifting from Sam Altman to Ian Hathaway. This transition comes alongside the closing of an additional $5 million in funding, as reported in a filing with the U.S. Securities and Exchange Commission.
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash
Uber Technologies has made headlines with its announcement of the acquisition of Delivery Hero’s Foodpanda Taiwan unit for a staggering $950 million in cash. This strategic move is part of Uber Eats’ ambitious plan to fortify its foothold in Asia, with a particular focus on strengthening its position in Taiwan’s competitive market.
Tesla layoffs hit high performers, some departments slashed, sources say
Tesla executives told representatives Monday that the new cutbacks — which destroyed a few divisions by 20% and, surprisingly, hit superior workers — were to a great extent because of poor monetary execution, a source acquainted with the matter told Techon Ventures
Amazon Music follows Spotify with an AI playlist generator of its own, Maestro
Spotify isn’t the main organization to fiddle with utilizing artificial intelligence to create playlists — on Tuesday, Amazon said it would do likewise. Amazon Music is currently trying Maestro,,,,
