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Thursday, 8 June 2023

Contextual AI, which is building enterprise-focused LLMs, emerges from stealth with a $20M seed led by Bain Capital Ventures (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Contextual AI, which is building enterprise-focused LLMs, emerges from stealth with a $20M seed led by Bain Capital Ventures  —  Large language models (LLMs) like OpenAI's GPT-4 are powerful, paradigm-shifting tools that promise to upend industries.  But they suffer from limitations …



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Inferact, founded by the creators of vLLM to create a commercial AI product for cross-hardware efficiency, raised a $150M seed led by a16z at an $800M valuation (Agnee Ghosh/Bloomberg)

Agnee Ghosh / Bloomberg : Inferact, founded by the creators of vLLM to create a commercial AI product for cross-hardware efficiency, rais...