Vectara has secured $25M in Series A funding, bringing our total to $53.5M! 🎉 Thanks to our lead investors @FPVVentures & @RaceCapital, and also @AlumniVentures, WVV Capital, @SamsungNext, @FusionFundVC, @GreenSandsE , & Jason Mack.

Fun to talk with @_albertgu & @krandiash from @cartesia on @NoPriorsPod *State Space Models vs Transformers *Real-time Intelligence *Real time voice *Data, Size of Models & Efficiency *Cartesia youtube.com/watch?v=neQbqOhp…

We are thrilled to announce our $27 million Series A today with Coatue, Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, and TIAA Ventures. To set the norms for AI-powered compliance, we raised this fresh round of capital from some of the world's most respected financial institutions, collectively representing more than $5.75 trillion in assets. Our team of AI engineers and legal engineers built an AI platform for converting regulations into computer code. We developed a proprietary language to represent government regulations and corporate policies as decision trees that become executable computer programs by leveraging LLMs. These programs, called Regulatory AI Agents, automate compliance analyses to make them more efficient, comprehensive, and accurate. The Norm approach also sets the foundation for integrating AI agents into the economy more broadly by ensuring that AI-driven actions and content from generative AI adhere to policies through a Regulatory AI agent overlay. With this capital, we are hiring for roles across software engineering, AI engineering, legal engineering, sales, and more. See our Careers page link in the comments. Quotes from some of our Series A investors on why they are so excited about Norm Ai: Sri Viswanath, General Partner at Coatue and former CTO of Atlassian: “Coatue continues to be impressed by Norm’s vision to deliver a comprehensive regulatory AI platform and we are excited by the array of compliance workflows they are already able to support. We are thrilled to double down on Norm as they seek to grow into a transformational AI company, and I look forward to supporting John Nay and his team on their next steps.” John Stecher, the CTO of Blackstone: “The Blackstone Innovations Investments team has been impressed by Norm’s speed of execution and their differentiated approach to building a scalable platform for systematic regulatory compliance. We are excited about the platform’s potential to drive significant efficiency for regulatory compliance operations.” Matt Harris, partner at Bain Capital Ventures: “I have been investing and helping build companies in the banking, lending, payments, and fintech world for decades and the largest headwind for these companies now is the accretion of regulatory sludge – filling out forms, cross-checking information, ticking and tying, etc. – and how this increasingly slows down businesses and adds risk. This is the problem that Norm Ai tackles head-on and why we at Bain Capital Ventures are so excited about backing them.”

Today, we’re excited to release the first step in our mission to build real time multimodal intelligence for every device: Sonic, a blazing fast  (🚀 135ms model latency), lifelike generative voice model and API. Read cartesia.ai/blog/sonic and try Sonic play.cartesia.ai/

Pathway now ranking higher than UpToDate and Medscape in the US App Store by a large margin. Only 1 of us is top 100.

🚀Today we're excited to announce Snorkel Custom, a hands-on accelerator for enterprises using LLMs to build AI applications. It pairs Snorkel Flow, an AI data development platform, with Snorkel AI researchers and ML practitioners. 🔥Learn more: snkl.ai/custom

@MrRichRobinson is a former lawyer whose startup, @RobinAI_UK, last month raised a $26 million Series B. Robin #AI is starting by applying large language models to contracts, helping customers analyze and generate paperwork more quickly and accurately. x.com/i/broadcasts/1YqKDgbqa…

Today @Astranis is introducing a revolutionary new satellite for high orbits. We call it Omega. It is pound-for-pound higher performance than any satellite on orbit today. First flight unit will be completed next year, with launches starting in 2026.

A nice profile of @farm_ng_inc last month: youtube.com/watch?v=3M3s-VJ9…

Get back to inventing big ideas, not prompts. Today we’re launching Facet Compose - create scenes in real-time and place image elements where you want them. Try now: create.facet.ai/example/welc…

Congratulations to @OrbMaterials @NumbersStnAI @togethercompute @wandb @VoltronData!

Today we are thrilled to share that we’ve raised $106M in a new round led by @SalesforceVC with participation from @coatuemgmt and our existing investors. Our vision is to rapidly bring innovations from research to production and to ultimately build the best platform we can for developers, startups, and enterprises to run generative AI applications built on open-source models at production scale. together.ai/blog/series-a2

We are thrilled to announce the stable version of Haystack 2.0 🎉 We’ve been working on this for a while and now Haystack 2.0 has everything to help you implement composable LLM applications that are easy to use, customize, extend, optimize, evaluate, and deploy to production. We are hosting an office hour session about Haystack 2.0 tomorrow in the Haystack Discord 🧡 Drop by to ask anything about this release and Haystack 👉 discord.gg/WTXcUW6w?event=12… Learn more about the release 👉 haystack.deepset.ai/blog/hay… Give Haystack 2.0 a try 👉 haystack.deepset.ai/overview… Check out all features in our release notes 👉 haystack.deepset.ai/release-… #HaystackV2 #LLM #opensource #Python

This startup is using AI to discover new materials tcrn.ch/48ordCK

Today we’re releasing a new model for creative work Metalabel is a new space where creative people can come together to release, sell, and exhibit creative work in groups we call labels

Introducing LlamaCloud 🦙🌤️ Today we’re thrilled to introduce LlamaCloud, a managed service designed to bring production-grade data for your LLM and RAG app. Spend less time data wrangling and more time on application logic. Launching with the following components: 1️⃣ LlamaParse 📑: a proprietary parser designed to be really really good at complex documents with embedded tables. Build advanced RAG over semi-structured PDFs, and ask questions that simply aren’t possible with the naive stack. Available publicly day 1 🔥 2️⃣ Managed Ingestion/Retrieval API ⚙️: An API letting you easily ingest/retrieve data from data sources. Opening up in private beta to select enterprises. We’re excited to be joined by launch users, partners, and collaborators: @mendableai @DataStax @MongoDB @qdrant_engine @nvidia some awesome hackathon projects at the @llama_index hackathon Check out our FULL blog post on LlamaCloud and LlamaParse: blog.llamaindex.ai/introduci… LlamaParse Client Repo: github.com/run-llama/llama_p… Signup for a LlamaCloud account to use LlamaParse: cloud.llamaindex.ai/ Interested in the broader LlamaCloud offering? Come talk to us: llamaindex.ai/contact Also we have a slick new website 🌐: llamaindex.ai/

Lambda has raised a $320M Series C led by Thomas Tull's USIT. This new financing will be used to expand the number of NVIDIA GPUs available in Lambda Cloud and build features that will absolutely delight you.

“Our members are diverse, with individual needs and health goals.” Check out our second annual Equity in Action Report here: cityblock.com/equity-2024 #EquityinAction

Farm-ng makes modular robots for a broad range of agricultural work tcrn.ch/3HoAnUJ

We are excited to announce that Quora has raised $75M from Andreessen Horowitz. This funding will be used to accelerate the growth of Poe, and we expect the majority of it to be used to pay bot creators through our recently-launched creator monetization program. (thread)