Welcome to the AI Ecosystem Report, featuring practitioner analyst and entrepreneur Toni Witt. This series is intended to deliver the timely intelligence about artificial intelligence (AI) you need to get up to speed for an upcoming client engagement or board meeting.
Highlights
Innovation (00:36)
Based in the United Kingdom, the AI data analytics startup Fluent raised a $7.5 million round of funding to revolutionize how businesses interact with their data using AI. It focuses on using AI-based language models to simplify data queries, making them accessible to non-technical users. The Fluent platform is known for its ability to deliver insights efficiently and accurately.
One of Fluent’s key strategies is its partnerships with industry leaders, including Bain and Company. End customers benefit from these collaborations, as they get the technology from Fluent as well as the support and implementation expertise of a large consultancy.
Funding (03:17)
Databricks, known for its data management offerings, has acquired Lilac, a young AI company. Lilac has built a tool that enables data teams to search, analyze, cluster, and manage unstructured text datasets, with an emphasis on datasets used for large language model (LLM) pre-training and fine-tuning. Lilac has built its own tool with mitigating toxic data in mind, which has been one of its core priorities.
The integration of Lilac into the Databricks ecosystem accelerates customers’ development of their own GenAI models and data pipelines. Lilac can also be used to evaluate LLM outputs and filter retrieval augmented generation (RAG) data.
Solution of the Week (05:27)
Cohere, a top Acceleration Economy AI Ecosystem company, announced a partnership with Accenture to help enterprise customers further adopt AI and GenAI business products. Accenture has the enterprise clients, the IT implementation expertise, and the support. Cohere has the proprietary tech, the models it built, and the development talent to rapidly provide customized tech offerings.
This partnership enables enterprise customers to access tailored implementations of cutting-edge tech with AI and the security, privacy, and support in place to ensure a smooth implementation.
There are three products that Cohere is helping Accenture bring to market:
- Command: Cohere’s first and most popular LLM
- Embed: A series of models that helps organizations search their own datasets
- Rerank: A machine-learning-based semantic search system that can be used to improve results within search engines
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