Welcome to the Generative AI Report round-up feature here on insideBIGDATA with a special focus on all the new applications and integrations tied to generative AI technologies. We’ve been receiving so many cool news items relating to applications and deployments centered on large language models (LLMs), we thought it would be a timely service for readers to start a new channel along these lines. The combination of a LLM, fine tuned on proprietary data equals an AI application, and this is what these innovative companies are creating. The field of AI is accelerating at such fast rate, we want to help our loyal global audience keep pace.
Nucleus.ai founders emerge from stealth and demonstrate that Big Tech companies aren’t the only ones building large language models
The four founders at startup NucleusAI just emerged from stealth and demonstrated they are able to build large language models (LLMs) like the Big Tech companies. NucleusAI just launched a 22-billion-parameter LLM that outperforms all the models of similar size including Llama 2 13B. Typically, foundational models are built by 30 to 100 people with skill sets that address the different aspects of LLMs. The fact Nucleus has achieved the same or better with just four people and the open source community is a testament to the team’s overall expertise. There have been only a handful of companies to have open sourced and commercially licensed an LLM: Meta, Salesforce, Mosaic and Falcon by TII (UAE government funded) among them. With this release Nucleus will join that exclusive list. Nucleus is unique among those companies as an early stage startup.
Alteryx Launches New Alteryx AiDIN Innovations to Fuel Enterprise-wide Adoption of Generative AI
Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, announced new Alteryx AiDIN innovations, including AI Studio, one of the industry’s first deployment-agnostic interfaces that is purpose-built for no-code users to leverage generative AI. Nearly 90 percent of companies currently using generative AI reported seeing benefits from the technology, and the new Alteryx AiDIN innovations are designed to help organizations incorporate custom business data into LLMs in a governed manner to drive operational agility and deliver competitive advantage. “From staying ahead of the competition and expanding into new markets to increasing productivity, organizations are looking for new ways to win with generative AI,” said Suresh Vittal, chief product officer at Alteryx. “With Alteryx AiDIN, we’re helping customers propel their organizations forward by making it easy for any user to responsibly use LLMs and generate outcomes that drive business growth and productivity.”
Zip Introduces Generative AI Suite That Brings New Competitive Advantages to Finance and Procurement Teams
Zip, the intake-to-pay platform, announced a new embedded generative AI product suite that automates previously manual workflows, flags legal and security risks, and generates valuable business insights. The release, which focuses on document intelligence, integrates AI directly into request intake, approval and contract renewal workflows. The new AI capabilities eliminate thousands of hours employees spend on error-prone data entry for purchase requests, purchase orders and invoices, as well as on time-consuming vendor contract reviews. In addition, these AI capabilities can search aggregated insights across all contracts, including key risks and vendor consolidation opportunities that would otherwise take significant time and budget to manually identify. “Generative AI is one of our top focuses at Zip. We think generative AI will fundamentally transform how requesters, cross-functional approvers, finance and procurement process owners experience the intake-to-pay process, and have made a big bet on leveraging generative AI to improve all aspects of our platform. This is just the beginning,” said Rujul Zaparde, CEO and co-founder of Zip. “Our ability to anticipate our customers’ needs is core to Zip’s rapid adoption by companies worldwide. As genAI technology matures, Zip will implement this transformational technology in practical ways to continually improve purchasing and AP processes. We’re committed to providing embedded AI solutions that are directly applicable to the day-to-day workflows our customers already love and use, so they can deliver meaningful competitive advantages for their businesses.”
Pump Launches PumpGPT to solve AWS business support challenge
Thousands of companies rely on cloud provider Amazon Web Services (AWS) to function, spending close $100b every year. Using AWS comes with a steep learning curve and immense complexity, so it is unsurprisingly almost 10% of their budget is spent on the AWS support function. Helping these companies save that support spend, cloud spend manager Pump has launched PumptGPT the first GPT-powered AI AWS support tool trained on a customer’s own cloud environment. Spandana Nakka, CEO of Pump commented: “Our mission has always been to use technology to democratize all aspects of AWS for our customers. First, we tackled spending, helping users save up to 60%. Now, we’re taking on support. With PumpGPT, quality AWS support should not be a luxury; it’s a given.”
SnapLogic Leverages Amazon Bedrock to Make Anthropic’s Model Claude Available in SnapGPT
SnapLogic, a leader in generative integration, announced it is working with Amazon Web Services (AWS) to expand the capabilities of SnapGPT, SnapLogic’s generative integration interface. As part of this collaboration, SnapLogic will make Anthropic’s cutting-edge Large Language Model (LLM), Claude 2, offered by Amazon Bedrock, available within the SnapGPT platform that was made generally available earlier this year. Amazon Bedrock is a fully managed service that provides access to industry-leading foundation models via an API to build and scale generative artificial intelligence (AI) applications. SnapLogic introduced SnapGPT, an innovative generative integration solution, powered by proprietary and open source AI this spring. With hundreds of customers already experiencing its game-changing potential, SnapGPT has set a new standard for integration and automation, streamlining complex processes and powering businesses into a data-driven future. By using natural language prompts, customers are using SnapGPT to accelerate the creation of new pipelines, instantly document new and old pipelines, create sample data, and generate SQL queries, expressions, mappings, and more. “SnapLogic is committed to providing our customers with the most advanced language models available, and our work with Amazon Bedrock and the integration of Anthropic’s model Claude 2 into SnapGPT is a testament to that commitment,” said Jeremiah Stone, CTO of SnapLogic. “This collaboration will empower our users to harness the full potential of natural language processing in their applications, making generative integration and automation even more accessible and powerful.”
Writesonic Unleashes Botsonic: A New Era of AI-Powered Customer Interaction
Writesonic, a Y-Combinator-backed Generative AI platform, unveiled Botsonic, a revolutionary AI chatbot set to reshape the landscape of customer communications. Enriched with cutting-edge generative AI and large language models – including OpenAI’s GPT-4 – Botsonic offers an unprecedented level of autonomous decision-making and personalized user experiences that will revolutionize the way businesses and organizations use chatbots across retail, travel, real estate, education and many other industries. “We’re thrilled to introduce Botsonic, a milestone for Writesonic and a new era in AI-powered customer interaction. Botsonic redefines how businesses engage with customers, offering unprecedented autonomy and personalization, said Samanyou Garg, CEO and Co-Founder of Writesonic. “Powered by cutting-edge AI, Botsonic reflects our commitment to efficiency and customer satisfaction. With this launch we will be able to help businesses seamlessly transform customer communications across industries.”
UiPath Announces Autopilot™ to Make AI at Work a Reality
UiPath (NYSE: PATH), a leading enterprise automation software company, announced its platform’s latest artificial intelligence (AI) features with Autopilot™, an integration of Generative AI, Specialized AI, and automation that allows any user to automate work fast using natural language. UiPath Autopilot can transform paper documents to automation-powered apps with a single click, enabling digital transformation that has eluded enterprises for too long. The new AI features of the UiPath Business Automation Platform reveal untapped automation prospects and process enhancement opportunities, and guarantee efficient development of automations, all anchored in a foundation of enterprise-grade capabilities. “By taking a user’s words, screenshots, or PDFs from paper documents as an input, Autopilot for Apps can create a robust automation workflow or interfaces for automations. This enables ‘one-click digital transformation’ for organizations by taking automated action,” said Graham Sheldon, Chief Product Officer at UiPath. “UiPath can operationalize the transformative force of AI through automation, seamlessly integrating intelligence into everyday operations, automating all knowledge work, upleveling employees, and revolutionizing entire industries with AI at work. And importantly, the UiPath AI Trust Layer will allow customers to use these new AI capabilities with confidence knowing their data is secure.”
Xero unveils new GenAI-driven search helping customers get answers faster
Xero, the global small business platform, announced it has implemented a Generative AI-driven search feature to help customers find answers to their questions more quickly. The search feature utilizes advanced AI algorithms to deliver highly relevant and accurate search results, improving the overall search experience for users. By leveraging generative AI technology, Xero aims to enhance productivity and efficiency for small business owners by reducing the time spent searching for information. This new search capability is part of Xero’s ongoing commitment to leveraging AI and machine learning to provide innovative solutions for small businesses.
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