Lip-Bu Tan

SiMa.ai Secures Funds and Readies New Generative Edge AI Platform

Retrieved on: 
Thursday, April 4, 2024

With the release of the second-generation MLSoC, SiMa.ai will unveil one software-centric platform for all edge AI .

Key Points: 
  • With the release of the second-generation MLSoC, SiMa.ai will unveil one software-centric platform for all edge AI .
  • SiMa.ai’s ‘one platform for all edge AI’ scales with customers as their AI/ML journey evolves, from computer vision, to transformers to multimodal generative AI.
  • “AI — particularly the rapid rise of generative AI — is fundamentally reshaping the way that humans and machines work together.
  • For more information on SiMa.ai’s one software-centric platform for all edge AI, please read The Next Chapter at SiMa.ai: One Platform for All Edge AI on the SiMa.ai blog.

Asato Raises $7.5M in Seed Funding to bring an enterprise CIO Copilot to market

Retrieved on: 
Tuesday, December 5, 2023

SAN FRANCISCO, Dec. 5, 2023 /PRNewswire/ -- Asato.ai, the AI-powered enterprise Copilot platform, is excited to announce the closing of its oversubscribed $7.5 million seed financing round, co-led by Intel Capital and Lip-Bu Tan, with participation from Shah Capital Partners, and several prominent angel investors including Amarjit Gill, serial entrepreneur and investor at Nepenthe Capital, Ash Bhardwaj, entrepreneur and investor, Charlie Giancarlo, CEO and Chairman of Pure Storage, and Sanjay Mehrotra, President and CEO of Micron Technologies, Inc. Backed by this investment, Asato is poised to bring to market the industry's  first AI-powered enterprise CIO Copilot.

Key Points: 
  • Backed by this investment, Asato is poised to bring to market the industry's  first AI-powered enterprise CIO Copilot.
  • Asato Raises $7.5M in Seed Funding to bring an enterprise CIO Copilot to market.
  • Asato is addressing this challenge by developing a cutting-edge enterprise Copilot platform that harnesses the power of AI and knowledge graph technologies.
  • "This seed funding not only validates our vision but also provides the resources needed to accelerate the development of our Copilot platform."

Aryn Releases New Open Source Conversational Search Stack

Retrieved on: 
Friday, September 29, 2023

MOUNTAIN VIEW, Calif., Sept. 29, 2023 /PRNewswire-PRWeb/ -- Today, Aryn released a new open source conversational search stack for unstructured enterprise data such as documents, presentations, and internal websites. This stack makes it easy for developers to build applications such as question-answering over knowledge bases, chatbots for customer support or documentation, and research and discovery platforms across internal datasets. With conversational search, users can ask natural language questions on large datasets, get high-quality answers, and submit follow-up questions in the context of the interaction. Aryn's stack is an integrated one-stop shop from data ingestion to conversational APIs, enabling developers to easily build conversational search applications and deploy them to production in days instead of months. It includes OpenSearch, a popular enterprise-grade search engine used by tens of thousands of developers. Aryn adds conversational capabilities to OpenSearch that use generative AI to capture query semantics and synthesize responses from the most relevant sections of the dataset. These generative AI models need high quality data to produce high quality answers. To enable this, Aryn released Sycamore, a new scalable semantic data preparation system purpose-built for search. As part of the stack, Sycamore uses generative AI to clean, enrich, and capture the meaning of data to enable high quality answers. Aryn's conversational search stack is 100% open source (Apache License v2.0), which gives developers the freedom to customize and build without "vendor lock-in." To learn more, visit: https://www.aryn.ai/

Key Points: 
  • Aryn's new open source, end-to-end conversational search stack makes it easy for developers to build conversational search applications on enterprise data using generative AI, OpenSearch, and semantic data preparation.
  • MOUNTAIN VIEW, Calif., Sept. 29, 2023 /PRNewswire-PRWeb/ -- Today, Aryn released a new open source conversational search stack for unstructured enterprise data such as documents, presentations, and internal websites.
  • Aryn's conversational search stack is 100% open source (Apache License v2.0), which gives developers the freedom to customize and build without "vendor lock-in."
  • To learn more, visit: https://www.aryn.ai/
    Aryn's open source conversational search stack is an integrated one-stop shop that developers can use to easily build conversational applications on unstructured enterprise data and quickly scale them to production.

Contextual AI Emerges From Stealth to Build the Next Generation of Language Models, for the Enterprise

Retrieved on: 
Wednesday, June 7, 2023

The two first met as research leaders at Meta AI in 2016 and continued to build their relationship and shared passion for cutting edge research at Hugging Face.

Key Points: 
  • The two first met as research leaders at Meta AI in 2016 and continued to build their relationship and shared passion for cutting edge research at Hugging Face.
  • Contextual AI’s proprietary research is building on the already established Retrieval Augmented Generation (RAG) method, that Kiela helped pioneer while at Meta.
  • Customization: LLMs should generalize to and be connectable with new data sources on the fly, as the data becomes available.
  • Several Fortune 500 companies are currently in talks about piloting the company’s contextual language models on their own data.

Artera Launches with $90 Million in Funding to Personalize Cancer Therapy With Multimodal AI

Retrieved on: 
Tuesday, March 21, 2023

Artera , the developer of multimodal artificial intelligence-based predictive and prognostic cancer tests, launches publicly today with $90M in funding.

Key Points: 
  • Artera , the developer of multimodal artificial intelligence-based predictive and prognostic cancer tests, launches publicly today with $90M in funding.
  • Artera’s flagship test is the ArteraAI Prostate Test , the first test to predict therapy benefit in localized prostate cancer.
  • The company also plans to use the funding to invest in the development of tests to support therapy personalization in other cancers.
  • “The American Cancer Society estimates that more than 288,000 new cases of prostate cancer will arise in 2023, with more than 34,000 deaths.

TechSurge Global Deep Tech Summit Announces All-Star Roster of Speakers from Tech, Venture, and Government

Retrieved on: 
Wednesday, January 18, 2023

SAN FRANCISCO, Jan. 18, 2023 /PRNewswire/ -- TechSurge, Silicon Valley's Global Deep Tech Summit, announced today that it will host its annual event on February 13, 2023, at the Computer History Museum in Mountain View, California. TechSurge gathers some of the most prominent and creative minds within global Deep Tech business, investment, and academic research for a series of inspirational fireside chats and forward-looking panel discussions.

Key Points: 
  • TechSurge gathers some of the most prominent and creative minds within global Deep Tech business, investment, and academic research for a series of inspirational fireside chats and forward-looking panel discussions.
  • TechSurge is hosted by Celesta Capital, a Deep Tech venture capital firm led by founding partners Nicholas Brathwaite, Michael Marks, Lip-Bu Tan, and Sriram Viswanathan.
  • The summit brings together leaders and executives for a day-long program of keynote talks and panels examining opportunities and challenges in the development, commercialization, and acceleration of global Deep Tech.
  • Deep Tech is a cross-cutting sector characterized by technology innovations built upon significant scientific discovery or engineering advancement.

Pliops Secures $100M in Series D Funding as Data Center Professionals Continue to Rethink Storage Architectures

Retrieved on: 
Tuesday, August 16, 2022

Pliops will continue to build out its strong semiconductor, hardware and software roadmap, while aggressively driving its vision of re-architecting the data stack and bringing ultra-scalability to data centers with customers and partners.

Key Points: 
  • Pliops will continue to build out its strong semiconductor, hardware and software roadmap, while aggressively driving its vision of re-architecting the data stack and bringing ultra-scalability to data centers with customers and partners.
  • By reliably accelerating performance in existing and new data centers, the Pliops XDP extends potential to crunch, store, analyze and move data.
  • Pliops helps companies get more from their growing data volumes and data center footprint, leading to reduced costs and energy consumption.
  • Our transformative product offers this exact unique capability, making it imminent that Pliops XDP will be the cornerstone of every modern data center.

SiMa.ai Welcomes Deep Tech Visionary Lip-Bu Tan to its Board of Directors

Retrieved on: 
Wednesday, May 25, 2022

SiMa.ai today announced that Lip-Bu Tan has joined its Board of Directors, effective immediately.

Key Points: 
  • SiMa.ai today announced that Lip-Bu Tan has joined its Board of Directors, effective immediately.
  • Mr. Tan has four decades of experience investing in and building innovative technology companies.
  • It is truly an honor to welcome Lip-Bu Tan as the newest member of SiMa.ais Board of Directors, said Moshe Gavrielov, SiMa.ai Chairman of the Board.
  • His history of investing in and creating deep tech brands that span semiconductors, alternative energy and digital media is unmatched.

Tech Visionaries to Address Accelerating Machine Learning, Unifying AI Platforms and Taking Intelligence to the Edge, at the Fifth Annual AI Hardware Summit & Edge AI Summit, Santa Clara.

Retrieved on: 
Tuesday, May 10, 2022

Metas VP of Infrastructure Hardware, Alexis Black Bjorlin, will open the flagship AI Hardware Summit with a keynote, while her colleague Vikas Chandra, Metas Director of AI Research will open Edge AI Summit.

Key Points: 
  • Metas VP of Infrastructure Hardware, Alexis Black Bjorlin, will open the flagship AI Hardware Summit with a keynote, while her colleague Vikas Chandra, Metas Director of AI Research will open Edge AI Summit.
  • Shortly after, the Edge AI Summit was launched to focus specifically on deploying machine learning in commercial use cases in client systems.
  • Attendees of the AI Hardware Summit can expect content spanning from hardware and infrastructure up to models/applications, whereas the Edge AI Summit has a much tighter focus on case studies of ML in enterprise.
  • While the AI Hardware Summit has broadened its scope beyond focusing purely on hardware, there will still be plenty for hardware-focused attendees to explore.

Classiq Announces $33M in New Funding, Accelerating Its Journey to Become the Leading Quantum Software Development Platform

Retrieved on: 
Thursday, February 17, 2022

Together, we are paving the fastest way towards quantum advantage and the only way beyond it, said Nir Minerbi, co-founder and CEO at Classiq.

Key Points: 
  • Together, we are paving the fastest way towards quantum advantage and the only way beyond it, said Nir Minerbi, co-founder and CEO at Classiq.
  • We are proud to join this investment round for Classiq, a true pioneer in the quantum software development arena.
  • But quantum computers are useless without the right software, and Classiq delivers a breakthrough in the way quantum software is developed.
  • Classiq and Quantum Computing Have Come a Long Way, But the Journey Has Just Begun
    Billions of dollars are being invested in quantum computing.