Artificial Intelligence News for the Week of July 19; Updates from exa, Salesforce, Vectara & More

Solutions Review Executive Editor Tim King curated this list of notable artificial intelligence news for the week of July 19, 2024.

Keeping tabs on all the most relevant artificial intelligence news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy artificial intelligence news items.

Artificial Intelligence News for the Week of July 19, 2024

Anthropic & Menlo Ventures Launch New $100M AI Fund

Venture capitalists are now looking for ways to sweeten their offers to court AI startups, as investors swarm to the hottest deals. Funding for AI startups more than doubled in the second quarter from the first, topping $24 billion, according to data from Crunchbase.

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C3 AI Launches GenAI for Government Programs with Google

By empowering the public to find answers directly through an intuitive search and chat interface, support centers will see decreased inquiry volumes and strain, allowing service representatives to focus on more complex cases and inquiries.

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CARTO Drops New Analytic AI Agents in Private Preview

With the introduction of CARTO AI Agents, the barriers of complexity that have traditionally limited map application use to geospatial experts are no longer in place. Leveraging Large Language Models (LLMs), AI Agents provide a more intuitive, conversational interface, allowing users of all technical backgrounds to navigate and analyze complex spatial data easily.

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New EY Report: Execs Doubling Down on AI Featuring 5 Adoption Strategies for Success

At the same time, those already doubling down on investments are seeing the impact. While nearly all are investing in AI, our findings indicate a divergence between companies experimenting in small ways and those making larger investments.

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Exa Raises $22 Million in SeriesA Funding

Exa trains embedding models, using the same technology behind ChatGPT, to convert web pages into lists of numbers known as embeddings. The result is a technology that packs the power of large language models (LLMs) into the search process itself.

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Kore.AI Unveils GALE for LLM Experimentation

Kore.ai founder and Chief Executive Raj Koneru said GALE is especially suited for organizations that don’t have AI specialists on their teams to create AI agents that can vastly improve the productivity of various teams. In addition, it will be useful for those organizations that struggle to find the best use cases to enhance their productivity with AI.

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Netskope Integrates with ChatGPT Enterprise

Through this integration with the ChatGPT Enterprise, the Netskope One platform provides organizations with enhanced security features including application visibility, robust policy enforcement, advanced data security, and comprehensive security posture management.

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Salesforce Unveils New Autonomous AI Agent

It uses generative AI to create conversational responses — grounding its responses in a company’s trusted business data, including Salesforce CRM data — tailored to a company’s brand voice, tone, and guidelines with a few clicks. For service organizations, this means they can offload a large number of tedious inquiries that bog down their productivity so they can focus on tasks that require a human touch.

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Vectara Raises $25 Million in Series A Funding

With this funding, Vectara will advance internal innovations, ramp up its go-to-market resources and expand its offering in Australia and EMEA regions. As part of the round, Pegah Ebrahimi, co-founder and managing partner of FPV Ventures, will join Vectara’s board of directors.

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Expert Insights Section

Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community where the human conversation around AI is happening. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools.

On-Demand – Friday Jam Session: Why AI & Analytics Success is All About Architecture featuring Bob Eve & John Santaferraro

This month on The Jam Session, host Bob Eve and guests John Santaferraro, Roy Hasson, and Andrew Madson are talking data architecture. The panel discusses the engineering marvels (and disasters) they’ve seen in their careers, and offer valuable insights on data quality, metadata management, real-time analytics, and the future of AI agent architectures.

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Insight Jam Panel of Experts Weigh AI Innovation vs. AI Ethics

Our expert panel discusses ethical considerations and risk management in AI development and deployment. The panelists explore various approaches to ensuring ethical AI use, including implementing guardrails, assessing risk matrices, and promoting ethical standards from top management.

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Insight Jam Panel of Experts Explore AI Democratization

Our expert panel explores the concept of AI democratization and its effects on businesses. The experts examine how artificial intelligence tools are becoming more widely available, despite initial dominance by major tech companies.

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On-Demand – Friday Jam Session: Why AI & Analytics Success is All About Architecture featuring Bob Eve & John Santaferraro

This month on The Jam Session, host Bob Eve and guests John Santaferraro, Roy Hasson, and Andrew Madson are talking data architecture. The panel discusses the engineering marvels (and disasters) they’ve seen in their careers, and offer valuable insights on data quality, metadata management, real-time analytics, and the future of AI agent architectures.

Watch on YouTube

For consideration in future artificial intelligence news roundups, send your announcements to the editor: tking@solutionsreview.com.