Enterprise AI (3)

Open-Source LLMs Gain Enterprise Traction

Open-source large language models (LLMs) are seeing initial enterprise deployments and adoption, but closed-source models currently have more publicly known use cases. However, open-source advocates argue it's only a matter of time before open-source catches up as more models are released. OpenAI's ChatGPT and other closed LLMs were released before…

Conversational AI Startup Kore.ai Raises $150M

Kore.ai, a conversational AI and enterprise AI platform startup, has raised $150 million in funding led by FTV Capital and Nvidia. The funding values the company at over $1 billion. READ MORE

AI-Powered Content Creation Market Poised for Exponential Growth

The key takeaway is that the content generation products market is expected to see significant growth through 2031, driven by increased demand and adoption of AI and machine learning-based content creation tools and platforms. Major players leading innovation in this space include OpenAI, Google, Amazon, Meta, Baidu, and others. In…