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Startup Luzia, a Generative AI WhatsApp Chatbot, Raises $10 Million

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Generative computer based intelligence chatbot collaborator startup Luzia has brought $10 million up in a Series A subsidizing round drove by Khosla Adventures. Luzia implants its eponymous colleague in WhatsApp and Wire, expecting to draw clients who probably won’t search out ChatGPT or other independent chatbots fueled by enormous language models (LLMs) yet who are open to connecting with a chatbot on existing informing administrations.

HOLA LUZIA

The Spain-based Luzia’s free simulated intelligence collaborator works like numerous chatbots on WhatsApp and Wire. The thing that matters is the blend of LLMs, including OpenAI’s GPT-3.5 and GPT-4, Meta’s Llama 2, and Kandinsky 2.1, powering the finish of undertakings through normal voice and text communications. The computer based intelligence answers in Spanish or Portuguese, contingent upon the language composed or spoken by the client. That is a savvy move when voice partners customized to Spanish and Portuguese speakers are somewhat interesting. The startup anticipates developing the computer based intelligence’s English comprehension as it seeks after a greater presence in the U.S. with the new venture.

Luzia has a few highlights recognizable to clients of ChatGPT, Claude, or other chatbots, like record, interpretation, and picture age. Since it works on the encoded WhatsApp and Wire informing channels, it can likewise flaunt offering more security than those administrations, which for the most part require joining or connecting a record to an email address. The startup professes to have in excess of 17 million dynamic clients overall and to have handled more than 900 million messages. The new subsidizing almost pairs Luzia’s $13 million raised since it sent off a half year prior.

“This investment is a significant step for Luzia in fulfilling its mission as a company by bringing the power of artificial intelligence to more people and bridging the technological divide in the world,” Luzia CEO Álvaro Higes said. “We’re excited to bring the best and most user-friendly global personal assistant to millions of people around the world and look forward to revolutionizing how they interact with technology, simplifying their tasks, boosting productivity and inspiring them in ways they’ve never imagined.”

WHATSAPP Buddies

The worth of conversational computer based intelligence partners on WhatsApp and comparative stages has been legitimate lately. The Indian store chain JioMart’s WhatsApp chatbot for shopping for food was a tremendous achievement, as were a considerable lot of the legislative chatbots keeping individuals refreshed during the Coronavirus pandemic. Generative man-made intelligence simply makes them more adaptable and ready to deal with additional complicated errands and even characters. That is where Meta’s examination in superstar supported and voiced chatbots fits. Like Luzia, Meta is hoping to draw in the people who might not have any desire to go through OpenAI’s site however are utilized to Facebook Courier as a connection point for chatbots. The inquiry is in the event that Luzia’s methodology will find a drawn out client base as individuals become more familiar with generative artificial intelligence discussions.

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Amazon Invests an additional $4 Billion in the AI Firm Anthropic

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As the e-commerce behemoth competes with Big Tech rivals to profit from generative artificial intelligence technology, Amazon.com (AMZN.O.) opened a new tab and invested an additional $4 billion in OpenAI opponent Anthropic.

Amazon’s stake in the company famed for its GenAI chatbot Claude has doubled, but it is still a minority investor, the business announced on Friday. Like Amazon’s prior $4 billion investment, it is made in installments, starting at $1.3 billion and taking the form of convertible notes.

According to sources who asked not to be named in order to discuss private topics, Anthropic is also in discussions with other investors in order to raise more money with Amazon’s support.

Amazon, which has steadily become Anthropic’s main cloud partner, is in intense competition with Alphabet’s Google (GOOGL.O) and Microsoft (MSFT.O) to provide AI-powered tools for its cloud clients. As a major distributor of its most recent models, AWS is generating a substantial amount of revenue for Anthropic.

“The investment in Anthropic is essential for Amazon to stay in a leadership position in AI,” Gil Luria, an analyst at D.A. Davidson, stated.

The increased investment by the e-commerce giant in Anthropic highlights the billions of dollars that have been invested in AI startups in the past year as investors seek to profit from the technology’s surge in popularity following the release of OpenAI’s ChatGPT in late 2022.

Last month, Microsoft-backed OpenAI collected $6.6 billion from investors, potentially valuing the company at $157 billion and solidifying its place among the world’s most valuable private enterprises.

Anthropic intends to use Amazon’s Trainium and Inferentia chips to train and implement its core models. Securing expensive AI chips is a big concern for startups since the rigorous process of training AI models demands powerful processors.

“It (partnership) also allows Amazon to promote its AI services such as leveraging its AI chips for training and inferencing, which Anthropic is using,” Luria stated.

Amazon is one of the many so-called hyperscaler clients of Nvidia (NVDA.O), which opens a new tab and presently controls the market for AI chips.

However, through its Annapurna Labs branch, which Anthropic stated it was “working closely with” to help create CPUs, Amazon has been striving to develop its own chips. Additionally, Amazon has been working on developing its own AI model, code-named “Olympus,” which it has not yet made public.

Anthropic, which was co-founded by brothers Dario and Daniela Amodei, former executives at OpenAI, said last year that it had obtained a $500 million investment from Alphabet, which pledged to contribute an additional $1.5 billion over time.

The startup’s operations also make advantage of Alphabet’s Google Cloud capabilities.

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Wiz will pay $450 million to acquire Cloud Remediation Startup Dazz

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Wiz revealed on Thursday that it will buy channel-focused company Dazz in an agreement to add cloud remediation capabilities to the vendor’s cloud and AI security platform.

With features like application security posture management and continuous threat and exposure management, Dazz provides a remediation-focused cloud security platform.

Jared Phipps, a seasoned cybersecurity industry executive who most recently worked for SentinelOne, was hired by Dazz in February as its CRO as the business sought to expand its collaboration with channel partners. Presidio, situated in New York, has been one of the key partners.

Dazz said in July that it has raised a $50 million round of funding, increasing its total funding since its 2021 launch to $110 million.

Dazz provides a “industry-leading remediation engine,” according to a post published on Thursday by Wiz Co-Founder and CEO Assaf Rappaport, which will allow Wiz to “empower security teams to correlate data from multiple sources and manage application risks in one unified platform.”

This is Wiz’s third purchase overall and its second acquisition of 2024 after the company’s April acquisition of cloud detection and response provider Gem Security.

Wiz, a four-year-old startup, reported in May that it had raised $1 billion in new capital at a $12 billion valuation, citing its continued strong development in the cloud and AI security areas. Annual recurring revenue (ARR) for the business reportedly increased from $350 million earlier this year to above $500 million.

After making a number of management additions aimed at facilitating quicker partner-driven growth, Rappaport stated in February that Wiz would prioritize its channel operations moving ahead.

I“In cybersecurity partners are super, super important in the success of a company. So we’ve always [seen that] this has huge potential for us to tap into. I think there is so much more we can do,” he stated at the time.

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ProRata, an AI startup, Teams up with UK Publishers after reportedly Hitting $130 Million in Valuation

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A number of well-known British media outlets have joined ProRata, an AI firm that claims to compensate publishers for the usage of their work, in its expanding network of partnerships.

The Los Angeles-based firm announced on Wednesday that it has signed licensing deals with publishers such as Sky News, the Guardian, and the Daily Mail’s publisher, DMG Media.

In a recent Series A funding round, ProRata raised $25 million from investors such as the Mayfield Fund, Prime Movers Lab, and Revolution Ventures.

“ProRata’s founder and CEO Bill Gross said his firm’s AI technology is the only one that pledges to credit and compensate creators, while providing users with accurate search results.

“We have had hundreds of content owners and media companies reach out to us from around the world who are interested in piloting our technology. Stealing and scraping content is not a sustainable path forward,” he continued.

Similar alliances have previously been formed by ProRata with the German publisher Axel Springer, the Atlantic, Fortune, Time, and Universal Music Group (UMG).

Media firms are offered reasonable compensation by ProRata for the use of their content. The startup’s in-house technology may determine the proper amount of pay by evaluating the worth of the information used to create responses from an AI platform. This would make it possible to pay copyright holders for their work on a per-use basis.

Gross had previously said that AI platforms have been using “shoplifted, plagiarized content,” which fosters an atmosphere in which “disinformation thrives and creators get nothing.”

Gross is recognized for having created the pay-per-click model of internet search monetization with his business, GoTo.com, which was eventually acquired by Yahoo! in 2003.

In a recent blog post, Tige Savage, a cofounder of Revolution, stated that Bill Gross is a serial entrepreneur with extensive experience in monetization techniques.

“He’s attracted a world-class tech team led by AI luminary Tarek Najm to implement the vision and an accomplished business team, including Annelies Jansen and Jonas Lee to drive content and AI partnerships,” Savage continued.

The unpaid use of copyrighted materials by OpenAI and other tech companies to train their AI systems has led to litigation from media companies and other content creators.

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