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Hugging Face raises $235M from investors including Salesforce and Nvidia

As first reported by The Information, then seemingly verified by Salesforce CEO Marc Benioff on X (formerly known as Twitter), AI startup Hugging Face has raised $235 million in a Series D funding round. The tranche, which had participation from… Continue Reading →

Microsoft is bringing Python to Excel

Microsoft today announced the public preview of Python in Excel, which will allow advanced spreadsheet users to combine scripts in the popular Python language and their usual Excel formulas in the same workbook. This feature will first roll out to… Continue Reading →

Slack gets interface makeover with a more unified approach including dedicated DMs

Like most software, Slack developed over time adding a slew of new features like Huddles, Canvas and workflows. But like any piece of software that is over a decade old with all of those new pieces, it makes sense to… Continue Reading →

Nvidia teams up with Hugging Face to offer cloud-based AI training

Nvidia is partnering with AI startup Hugging Face to expand access to AI compute. Timed to coincide with the annual SIGGRAPH conference this week, Nvidia announced that it’ll support a new Hugging Face service, called Training Cluster as a Service,… Continue Reading →

Nvidia’s AI Workbench brings model fine-tuning to workstations

Timed to coincide with SIGGRAPH, the annual AI academic conference, Nvidia this morning announced a new platform designed to let users create, test and customize generative AI models on a PC or workstation before scaling them to a data center… Continue Reading →

How Thomson Reuters is leveraging AI to enhance productivity, rather than replace jobs

Thomson Reuters is a venerable news and information organization, with its historical roots stretching all the way back to the 19th century. The two companies merged in 2008 and provide a combination of news and specialized information in areas like… Continue Reading →

Unstructured, which offers tools to prep enterprise data for LLMs, raises $25M

Large language models (LLMs) such as OpenAI’s GPT-4 are the building blocks for an increasing number of AI applications. But some enterprises have been reluctant to adopt them, owing to their inability to access first-party and proprietary data. It’s not… Continue Reading →

Wix’s new tool can create entire websites from prompts

What does one expect from a website builder in 2023? That’s the question many startups — and incumbents — are trying to answer as the landscape changes, driven by trends in generative AI. Do no-code drag-and-drop interfaces still make sense… Continue Reading →

Grammarly to shut down the Text Editor SDK in January

Yesterday, in a blog post, Grammarly announced that it would be discontinuing the Text Editor SDK, the developer tool that puts the company’s automated editing functionality into any app. The tool will be shut down on January 10th, 2024, after… Continue Reading →

DigitalOcean acquires cloud computing startup Paperspace for $111M in cash

DigitalOcean, the cloud hosting business, today announced that it’s agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. DigitalOcean CEO Yancey Spruill says that Paperspace’s infrastructure and tooling, once integrated with… Continue Reading →

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