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  • DeepL launches AI writing assistant for businesses trained on its own LLM

    DeepL, which has been rivalling machine translation giants such as Google Translate and Microsoft Translator, has launched an AI writing assistant tailored for businesses. Dubbed DeepL Write Pro, the product acts as a creative assistant for use during the drafting process. It provides suggestions on word choice, phrasing, style, and tone, aiming to improve the text, while preserving the writer’s own voice. Currently available in English and German, the tool comes with customisation options...

  • US-India Business Council launches AI task force with Meta as co-chair

    The United States Chamber of Commerce’s US-India Business Council (USIBC) on Thursday convened its first Artificial Intelligence (AI) Task Force, which met virtually to discuss cross-sector collaboration in the context of AI's growing prominence. Meta was named co-chair of the task force.USIBC also announced that Infosys, UPS and BNY Mellon joined its AI Board Advisory Committee. “This expansion aims to strengthen USIBC’s efforts in driving collaboration and innovation in the rapidly evolving...

  • AI Search Startup Perplexity’s Series B Funding Raises Nearly $63M, Launches Enterprise Pro

    Perplexity, a generative AI startup developing a search engine to rival Google, has secured nearly $63 million in Series B funding. This investment has propelled the 55-person startup to double its valuation in three months, now exceeding $1 billion, with total fundraising reaching $165 million. The round was led by investor Daniel Gross with participation from Y Combinator chief executive officer Garry Tan, Figma Inc. CEO Dylan Field and billionaire Stanley Druckenmiller. Previous backers,...