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Unstructured, which offers tools to prep enterprise data for LLMs, raises $25M

TechCrunch · 2y ago

Unstructured, which offers tools to prep enterprise data for LLMs, raises $25M

Unstructured.io, a startup founded by Brian Raymond, Matt Robinson, and Crag Wolfe in 2022, aims to ease the adoption of large language models (LLMs) by enterprises and has raised $25M for the same. Many businesses hesitate to use LLMs due to the challenges in accessing first-party and proprietary data behind firewalls. Unstructured.io offers a platform that extracts and stages enterprise data in a format that LLMs can understand, addressing the data processing bottleneck in AI development workflows. They provide various tools to clean and transform data, enabling organizations to leverage unstructured data effectively with LLMs.

Related News

From Data to Decisions

Economic Times

Economic Times · 4m ago

From Data to Decisions

Dell Technologies, in collaboration with NVIDIA, is enhancing AI innovation by optimizing data strategies through the Dell AI Factory. This partnership offers a seamless AI infrastructure integrating Dell’s scalable storage with NVIDIA's accelerated computing, addressing AI data management challenges. By facilitating real-time decision-making and ensuring interoperability across environments, the alliance supports enterprises in structuring unstructured data efficiently. Their solutions aim to maximize AI-driven transformation's ROI while maintaining enterprise-grade security, flexibility, and scalability for businesses.

Cloudflare is adding a firewall to help keep your LLM safe

Techradar

Techradar · 1y ago

Cloudflare is adding a firewall to help keep your LLM safe

Cloudflare has introduced Firewall for AI, a layer of protection aimed at mitigating attacks on large language models (LLMs). LLMs are vulnerable to exploitation, and as artificial intelligence continues to advance, proactive security measures are crucial. Cloudflare's Firewall for AI offers tools for security teams to effectively protect LLM applications, including rapid threat detection and automatic blocking. However, Cloudflare acknowledges that securing AI requires a multifaceted strategy, starting with a solid foundation of cloud, data, and application security. The service will be available for free to customers using LLMs on Cloudflare's Worker AI platform.

NASSCOM Selects Shorthills For Its Gen AI Foundry Programme

OutlookIndia

OutlookIndia · 1y ago

NASSCOM Selects Shorthills For Its Gen AI Foundry Programme

Shorthills AI has been chosen as one of the top Generative AI companies for the Gen AI Foundry Programme by NASSCOM. The company specializes in using its Gen AI technologies and LLMs to transform unstructured data into actionable insights. They provide AI solutions across various industries, including e-commerce, Edtech, Healthtech, BFSI, and automotive. The Gen AI Foundry Programme aims to support GenAI companies in advancing their development and offers resources like GPU power, data access, and connections to venture capital firms and global tech companies. Shorthills AI was founded in 2018 by Pawan Prabhat and Paramdeep Singh.

LLM deployment platform Giga ML raises $3.6 million from Nexus Venture Partners, others

Economic Times

Economic Times · 1y ago

LLM deployment platform Giga ML raises $3.6 million from Nexus Venture Partners, others

Giga ML, a Bengaluru-based startup, has secured $3.6 million in seed funding led by Nexus Venture Partners, with participation from Y Combinator and others. Giga ML offers solutions for on-premise deployment of large language models (LLMs), aiming to address data security and compliance issues. Their platform allows enterprises to implement LLMs, such as GPT-4, on their internal servers, eliminating the need to transmit sensitive data to external servers. This is especially relevant in sectors like healthcare, legal, and financial services, where privacy and data integrity are paramount.

Numbers Station lets business users chat with their data

TechCrunch · 1y ago

Numbers Station lets business users chat with their data

Numbers Station, a startup utilizing large language models (LLMs), has introduced its cloud-based product, Numbers Station Cloud. The platform enables enterprise users to analyze internal data through a chat interface. Unlike other tools that translate natural language queries into SQL, Numbers Station argues that their approach is superior because their semantic catalog understands how each specific company operates and structures its data. The company plans to expand its offerings beyond data analytics to include various data-related solutions in the future. Several Fortune 500 customers, including Jones Lang LaSalle, have already joined the platform.

IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC

TechCrunch · 2m ago

IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC

IBM has acquired Seek AI, an AI platform enabling natural language queries for enterprise data, to integrate with its Watsonx AI Labs in NYC. Seek AI, founded in 2021, offers tools for data interaction using chatbot-like interfaces. The acquisition aligns with IBM's strategy to enhance its enterprise AI capabilities, boosting IBM's Q1 earnings through software growth and AI demand. Seek AI will relocate to Watsonx AI Labs, fostering AI innovation and development.

Nanonets gets Accel India's backing to improve AI-based workflow automation

TechCrunch · 1y ago

Nanonets gets Accel India's backing to improve AI-based workflow automation

AI startup Nanonets has secured $29m in a funding round led by Accel India, with participation from existing investors Elevation Capital and Y Combinator. Nanonets offers an AI platform that automates back-office processes involving unstructured data for industries including financial services, healthcare and manufacturing. The platform uses machine learning architectures to analyse unstructured data and extract relevant information. Nanonets intends to use the funding to improve the accuracy of its system, invest in sales and marketing, and increase its headcount.

Bengaluru-based SaaS startup Clientell raises $2.5M in a seed round led by Blume, others

IndianStartupNews

IndianStartupNews · 1y ago

Bengaluru-based SaaS startup Clientell raises $2.5M in a seed round led by Blume, others

Bengaluru-based software provider, Clientell, has secured $2.5 million in a seed funding round led by Blume Ventures. Clientell offers sales forecasting and pipeline assessment solutions for enterprises, utilizing AI tools to optimize sales execution and revenue operations. The funding will be used to strengthen product offerings, expand the team, and further develop AI tools. Clientell aims to revolutionize enterprise sales teams by addressing challenges in revenue generation and predictability. Sanjay Nath, founder of Blume Ventures, lauded Clientell's approach in integrating AI into enterprise functions.

Unbound raises $4 Mn in seed round led by Race Capital

Entrackr

Entrackr · 2m ago

Unbound raises $4 Mn in seed round led by Race Capital

Unbound raises $4 Mn in seed round led by Race Capital Unbound, which helps enterprises adopt Generative AI tools securely and responsibly across their organizations, has raised $4 million in a seed funding round led by Race Capital, along with participation from Wayfinder Ventures, Y Combinator, Massive Tech Ventures, and other notable angel investors. The proceeds will be deployed for hiring and growth in India, expanding integrations across the AI ecosystem, deepening model routing capabilities, and supporting internal model orchestration for enterprises adopting open-source LLMs, Unbound said in a press release. Co-founded in 2023 by Rajaram Srinivasan and Vignesh Subbiah, Unbound ensures that IT and security teams maintain the oversight they need. The startup provides detailed visibility into usage patterns, helps control the flow of sensitive data, and enables policy enforcement to align with organizational standards. Unbound makes enterprise AI adoption safer, more transparent, and easier to manage. According to Unbound, it gives IT teams the visibility and controls they need to safely introduce and manage AI tools in the enterprise. Its AI Gateway plugs into commonly used tools – like Cursor, Roo, Cline, or internal document copilots – and provides real-time protection, model routing, and usage analytics. Unbound states that its product is already being used by a growing base of mid-market and enterprise customers across sectors, including tech and healthcare. One of its customers recently used it to safely introduce Gemini 2.5 into production AI tools for more than 100 engineers within the same week. Unbound has already prevented the leakage of hundreds of secret credentials – including passwords, API keys, and connection strings – as well as more than 500 instances of personally identifiable information, such as customer names, phone numbers, and patient records. Some of the other players in the space include Broadcom’s Symantec DLP, Palo Alto Networks, Netskope, and GenAI security startups like Lasso and Aim Security.

Gemini for Google Workspace is officially here — and it could be the AI-boosted help you never knew you needed

Techradar

Techradar · 1y ago

Gemini for Google Workspace is officially here — and it could be the AI-boosted help you never knew you needed

Google is expanding its Gemini AI platform, previously known as Duet AI for Google Workspace, to businesses of all sizes. The platform will be available through two subscription plans: Gemini Business and Gemini Enterprise. Users of Google Workspace, which includes Google Docs, Sheets, Slides, and Meet, will now have access to Gemini AI tools for everyday work. Gemini offers features such as "Help me write" in Docs and Gmail, "Enhanced Smart Fill" in Sheets, and image generation in Slides. The plans are secured with enterprise-grade data protections and will be available to education customers soon.

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