Earlier this year Pinecone raised $100 million at a $750 million valuation. My understanding was their ARR was in the $2-3m range, but it's already exceeded that since the round was announced. Their target is in the double-digit millions in ARR now.
MARKET TRENDS
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Vector Databases: The New Modern Data Stack Frontier
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Today's issue of Supervised is about the new hotness that is vector DBs and what it might mean for a *new* modern data stack. Pinecone is the harbinger on this one, but there are a variety of startups that are racing to capture the opportunity.
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CIPIO.ai Vibe Check Boosts Marketer Revenue from Visual Content
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The @cipioai http://
CIPIO.ai "Vibe Check" empowers Marketers & Creators to drive more revenues from Image Posts & Reels: https://
einpresswire.com/article/578163
288/cipio-ai-introduces-vibe-check-empowering-marketers-and-creators-to-drive-more-revenues-from-from-image-posts-reels
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#DigitalMarketing #BehaviorAnalytics #B2B2C #CX #Loyalty #CustomerJourney #BigData #DataScience #AI #ML #Martech #Adtech #CMO -
Business Leaders Recognize AI and LLM Risks
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Artificial Intelligence: Business leaders start to realise the risks ChatGPT and other large language models can rewrite value, and business leaders now realise they need a plan https://
computerweekly.com/news/366536394
/Artificial-intelligence-Business-leaders-start-to-realise-the-risks
… #AI @mvollmer1 @JAdP @gvalan @Shi4Tech @Damien_CABADI @enilev @FmFrancois -
ChatGPT Impact on Most Popular Websites Since 1993
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The most popular websites since 1993…
— Pascal Bornet (@pascal_bornet) 3 mai 2023
Will ChatGPT change the trend?
Credit: James Eagle#innovation #tech #SocialMedia #Digital #Leadership #FutureofWork pic.twitter.com/uUbKrZ8PAcThe most popular websites since 1993…
Will ChatGPT change the trend? Credit: James Eagle
#innovation #tech #SocialMedia #Digital #Leadership #FutureofWork -
Cohere Generative AI Startup Valued at $2 Billion
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Generative A.I. Start-Up Cohere Valued at About $2 Billion in Funding Round:
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Pi Chatbot Appears More Advanced Than GPT-3, Not OpenAI-Based
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I don't believe it's based on OpenAI's models also it seems much more advanced than GPT-3 at defending against jailbreaks and at performing creative tasks https://
forbes.com/sites/alexkonr
ad/2023/05/02/inflection-ai-ex-deepmind-launches-pi-chatbot/?sh=6096129b3d6d
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DeepMind Chief: AGI May Arrive Within the Decade
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Artificial general intelligence may arrive within the decade. “The progress in the last few years has been incredible … I don’t see any reason why that progress is going to slow down. It may even accelerate,” @DeepMind chief @demishassabis tells @mims #AI #WSJFUTURE
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AMD Data Center Sales Slowdown Impacts Semiconductor Market
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Advanced Micro Devices falls: data center sales take a breather This follows huge server-chip sales in 2022 https://
thetechnologyletter.com/the-posts/adva
nced-micro-devices-falls-data-center-sales-take-a-breather
… $AMD $INTC $NVDA #investing #stocks #semiconductors #datacenter #artificialintelligence -
AI Future Impact: Regulation Needs Clarity on Risk Scenarios
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I'm not sure the future of AI can be put in the same category as the introduction of planes and cars. Plus, there seems to be a general consensus among AI authorities on the need for regulations. I'm curious about what type of incident needs to happen in order to trigger serious