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Artificial Intelligence News for the Week of May 31; Updates from Incorta, Tonic.AI, xAI & More

Solutions Review Executive Editor Tim King curated this list of notable artificial intelligence news for the week of May 31, 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 May 31, 2024

Anthropic AI Enables Claude on ‘Tool Use’

Also, this tool can work with images, enabling applications that analyze visual data. An example Anthropic gave is that a virtual interior design consultant can use this tool to process room images and provide personalized decor suggestions.

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Aporia Unveils Guardrails for Multimodal AI

The first-of-its-kind solution mitigates issues in video and audio-based AI applications such as hallucinations, wrong responses, compliance violations, and jailbreak attempts. This groundbreaking launch is setting a new standard when it comes to addressing the unique challenges of the rapidly growing generative AI landscape.

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AWS and SAP PArtner on AI & Cloud ERP

Together, AWS and SAP are striving to make it easier for customers to adopt the RISE with SAP solution on AWS, to improve the performance and efficiency of SAP workloads running in the cloud and to embed generative AI into an enterprise’s entire portfolio of business-critical applications.

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GaiaNet Nabs $10 Million in Seed Funding for Decentralized AI Agents

Instead of using centralized servers for deploying AI models, users set up individual machines to host individual models that act as individual agents customized for particular expertise, such as a teaching assistant, a business expert, a financial analyst or a crypto trader.

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Incorta Unveils New Operational GenAI Offering

The new Operational GenAI offering integrates the company’s flagship platform with various best-of-breed open-source large language models, plus tools to fine-tune them so that companies can infuse them with their own knowledge to ensure accuracy and safety.

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Lenovo Partners with Cisco on AI Innovation

The two companies have signed a Memorandum of Understanding (MoU) agreement to jointly establish design, engineering, and execution plans for accelerating digital transformation with turnkey solutions that extend world-class networking and purpose-built AI infrastructure solutions from edge to cloud for customers worldwide.

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Maven AGI Secures $20 Million in Series A Funding

Led by Jonathan Corbin, CEO, Sami Shalabi, CTO, and Eugene Mann, CPO, Maven AGI is an AI startup enabling enterprises to incorporate Generative AI into their customer support, without losing the human element.

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Mistral AI Releases Coding LLM Fluent in 80 Languages

Operating in English, the LLM will be able to complete coding tasks, write tasks, and use a ‘fill-in’ mechanism for partial code. The program has also been tipped to reduce the risk of errors and bugs in code, for those companies and developers who utilize Codestral.

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OpenAI Partners with The Atlantic & Vox

The deals give OpenAI added momentum in its quest for credible content to train its algorithms and inform its chatbots — and could also protect the Microsoft-backed company further from future copyright liability.

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PwC is Now OpenAI’s First Reseller

PwC said the deal will see its U.S. and U.K. employees and clients gain access to the latest tools from OpenAI, including its recently announced ChatGPT-4o model and new capabilities focused on voice and image.

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Chinese SenseTime Founder Says AI Development Gap is Closing

On Tuesday, at the UBS Asian Investment Conference in Hong Kong, SenseTime Group co-founder Xu Bing told Bloomberg’s David Ingles that artificial intelligence chipmakers in China are quickly closing the technological gap versus international players.

Read on for more Unveils Unstructured Data Lakehouse for LLMs

Leveraging its expertise in data management and realistic synthesis, has developed a solution to tame and protect siloed, messy, and complex unstructured data into AI-ready formats ahead of embedding, fine-tuning, or vector database ingestion.

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Musk’s xAI Secures $6 Billion in Series B Funding

xAI will continue on this steep trajectory of progress over the coming months, with multiple exciting technology updates and products soon to be announced. The funds from the round will be used to take xAI’s first products to market, build advanced infrastructure, and accelerate the research and development of future technologies.

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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.

What to Expect at Mini Jam LIVE, Q2 2024, on June 6-7

Think of the Insight Jam as a continuous, ongoing, interactive tech event where Solutions Review editors, experts, and partners enable the human conversation around AI. This event will feature more than 5 hours of programming and more than 25 experts.

Register free on LinkedIn

New Episode of the Insight Jam Podcast Featuring Infinidat CMO Eric Herzog

Storage industry luminary Eric Herzog sits down with Doug to talk the AI revolution, innovation, and his unique journey from Chinese history major to tech executive. They get into quantum computing for cybersecurity, data protection, and the evolution of job roles within the tech industry.

Watch on YouTube

Solutions Review Set to Host Observe.AI for an Exclusive Spotlight Event on June 18

Join us for an exclusive webinar unveiling the next generation of Observe.AI’s Conversation Intelligence platform, a pivotal technology transforming the contact center landscape. Don’t miss this opportunity to stay ahead of the curve and revolutionize your contact center operations.

Register free on LinkedIn

Solutions Review Set to Host Nexthink for an Exclusive Spotlight Event on June 25

Nexthink uses AI to help organizations make the shift from reactive to proactive to preventative IT management, resulting in continued improvement in digital employee experience and productivity. Part one of this 45-minute session will show you how Nexthink customers are leveraging AI TODAY to make informed decisions for their companies, faster.

Register free on LinkedIn

For consideration in future artificial intelligence news roundups, send your announcements to the editor:

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