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Thursday, 10 October 2024

Writer debuts Palmyra X 004, an LLM for enterprise applications, saying it cost just $700K to train, using synthetic data; source: Writer is raising up to $200M (Hayden Field/CNBC)

Hayden Field / CNBC:
Writer debuts Palmyra X 004, an LLM for enterprise applications, saying it cost just $700K to train, using synthetic data; source: Writer is raising up to $200M  —  San Francisco-based AI startup Writer debuted a large artificial intelligence model on Wednesday to compete with enterprise offerings from OpenAI, Anthropic and others.



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Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026 (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg : Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025...