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Bringing you the latest updates on funding deals and activities in the Asia Pacific.

The company, based in Southern California, has grown organically and is open to an IPO in the foreseeable future.

The Future of Workers Initiative Elevates Workers and Guides Industry in Navigating AI and Tech Evolution

With Open Source Guardrails, AI Applications Can Be Trusted to Work on Their Own...

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Guardrails AI is a startup that aims to crowdsource approaches to fighting and mitigating the worst of GenAI models' tendencies.

It doesn't take much to get GenAI spouting mistruths and untruths. The real problems start, though, when GenAI's hallucinations get harmful -- endorsing torture, reinforcing ethnic and racial stereotypes and writing persuasively about conspiracy theories. An increasing number of vendors, from incumbents like Nvidia and Salesforce to startups like CalypsoAI, offer products they claim can mitigate unwanted, toxic content from GenAI.

(Bloomberg) -- Lambda, a startup that sells cloud computing services and computers for training artificial intelligence software, has raised $320 million in a new funding round that valued the company at $1.5 billion.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersStocks Pause Near Record as Traders Await Catalyst: Markets WrapWall St...

It doesn't take much to get GenAI spouting mistruths and untruths. The real problems start, though, when GenAI's hallucinations get harmful -- endorsing torture, reinforcing ethnic and racial stereotypes and writing persuasively about conspiracy theories. An increasing number of vendors, from incumbents like Nvidia and Salesforce to startups like CalypsoAI, offer products they claim can mitigate unwanted, toxic content from GenAI.

AI cloud compute startup Lambda raises $320M at $1.5B valuation - SiliconANGLE