{"id":618179,"date":"2023-03-15T09:48:36","date_gmt":"2023-03-15T14:48:36","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/15\/this-ai-startup-just-raised-350-million-for-generative-ai-trained-to-use-every-software-tool-and-api\/"},"modified":"2023-03-15T09:48:36","modified_gmt":"2023-03-15T14:48:36","slug":"this-ai-startup-just-raised-350-million-for-generative-ai-trained-to-use-every-software-tool-and-api","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/15\/this-ai-startup-just-raised-350-million-for-generative-ai-trained-to-use-every-software-tool-and-api\/","title":{"rendered":"This AI startup just raised $350 million for generative AI trained to use every software tool and API"},"content":{"rendered":"
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It\u2019s not easy for an AI startup to raise $350 million these days. But with its generative AI<\/a> trained to use every software tool and API, the year-old Adept<\/a> AI<\/a> has done just that \u2014 announcing today a new round of funding that bets on the potential to help knowledge workers boost how they use their everyday software tools. <\/p>\n

Want to create profit and loss columns in Google Sheets? Set a reminder in Salesforce? Whether it\u2019s browsing the internet or navigating a complex enterprise software tool, the idea is that what might ordinarily take many clicks can be done with a quick text prompt.<\/p>\n

A new kind of foundation model<\/h2>\n

Instead of generating text like OpenAI\u2019s ChatGPT<\/a>, or images, like DALL-E<\/a>, the San Francisco-based Adept\u2019s platform studies how humans use computers and builds AI models that can turn a text command into actions that automate complex software workflows. The company\u2019s flagship foundation model, ACT-1, is able to interpret high-level, natural language<\/a> user requests on software tools, and perform tasks for them directly. <\/p>\n

\u201cGiant foundation models for language and for images have shown astounding capabilities in the last few years. Adept is building on this momentum via a new kind of foundation model that can perform actions on any software tool using natural language,\u201d said co-founder and CEO David Luan in a press release.<\/p>\n

Competing in the generative AI space<\/h2>\n

Startups competing in the generative AI space certainly have to stand out right now, especially when it comes to targeting knowledge workers.<\/p>\n

Just this week, Google and Microsoft are offering dueling generative AI announcements, including today\u2019s news<\/a> about Google\u2019s PaLM API and upgrades in Google Workspace, and Microsoft\u2019s rumored GPT-4 announcements at this Thursday\u2019s \u2018Future of<\/a> <\/a>Work with AI\u2019<\/a> event. These are clear signs of Big Tech\u2019s continued AI power consolidation.<\/p>\n

It remains to be seen whether Adept AI\u2019s offerings will pay off in the long run \u2014 but certainly investors like Workday Ventures are making big bets.<\/p>\n

\u201cWorkday\u2019s vision to use AI and ML<\/a> to elevate human capabilities and make finance and HR more intelligent is well aligned with Adept\u2019s endeavor to empower knowledge workers through responsible AI<\/a>,\u201d said Michael Magaro, senior vice president of corporate growth, Workday Ventures.<\/p>\n

VentureBeat’s mission<\/strong> is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.<\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n

Read More<\/a>
\n Sharon Goldman<\/p>\n","protected":false},"excerpt":{"rendered":"

March 14, 2023 9:08 AM It\u2019s not easy for an AI startup to raise $350 million these days. But with its generative AI trained to use every software tool and API, the year-old Adept AI has done just that \u2014 announcing today a new round of funding that bets on the potential to help knowledge<\/p>\n","protected":false},"author":1,"featured_media":618180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[179,334,46],"tags":[],"class_list":["post-618179","post","type-post","status-publish","format-standard","has-post-thumbnail","category-raised","category-startup","category-technology"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/618179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=618179"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/618179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/618180"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=618179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=618179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=618179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}