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Microsoft To Fund Startup That Enhances AI Deployment

Touchcast Inc., a startup specializing in caching generative artificial intelligence queries, is set to raise $100 million from venture backers, including Microsoft Corp (NASDAQ:MSFT), an investor in OpenAI. The New York-based company stores and delivers responses for frequently used AI prompts, aiming to reduce computational and energy requirements for models like OpenAI's GPT-4. The initiative seeks to lower costs and enhance deployment efficiency for developers and businesses, according ...
Accenture Plc Touchcast Inc Technology Select Sector Microsoft Corp Ishares Us Technology New York Based
Source: yahoo.com

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