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AI Market News: AI Companies Sign for a 'Better Future,’ Anthropic's New Models and More

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Microsoft, Google and OpenAI Sign to 'Build AI for a Better Future'

A list of major AI companies signed an open letter titled “Build AI for a Better Future” posted by the San Francisco-based venture capital firm SVA: Microsoft, Google, OpenAI, Meta, Databricks, Salesforce, Stability AI, Mistral AI and others. The letter calls on “everyone to build, broadly deploy and use AI to improve people’s lives and unlock a better future.”

Anthropic Releases Claude 3

The San Francisco-based generative AI company Anthropic is introducing Claude 3, a large language model family in “ascending order” of capability: Claude 3 Haiku, Claude 3 Sonnet and Claude 3 Opus. The different versions of the Claude 3 model are intended to help users select the “optimal balance of intelligence, speed and cost” for an application. Opus and Sonnet are available to use through Anthropic’s chatbot Claude and Claude API. Haiku will be available “soon.”

Palantir Inks Deal With Ukraine

The Denver-based AI data company Palantir Technologies and the Ministry of Economy of Ukraine signed a partnership agreement to roll out a “digitally led de-mining approach” backed by Palantir’s AI-enabled software. The platform will combine multiple land survey data streams across the government to create a context-aware data model between key infrastructure, such as roads and farmlands, and hazards.

Salesforce Opens Public Beta of Einstein Copilot

The San Francisco-based CRM company Salesforce is rolling out the public beta of its Einstein Copilot, a customizable conversational AI CRM assistant. Users can generate responses using their private data, and the copilot can perform several functions: answer questions; summarize content; create content; interpret conversations; and automate tasks. “AI is the single most important moment in the history of our industry,” said Marc Benioff, chair and CEO, Salesforce.

Wix Launches AI Website Builder

The New York-based website-building platform Wix unveiled its conversational AI Website Builder. Users can describe their “intent and goals,” and the tool creates a website “within minutes” with pages, text and images as well as web capabilities, such as scheduling, e-commerce and event management.

RADR Platform Surpasses 60-Billion Data Points

RADR, the AI platform for cancer drug development by Dallas-based Lantern Pharma, now contains more than 60-billion data points, the company reports. Lantern plans to continue growing RADR’s data through an automated machine learning-enabled process to collect, tag and curate data sets from several sources.

See more: 10 Top AI Companies Defining the Market

UiPath Investing in Saudi Arabia Presence

The New York-based AI automation company UiPath is opening its first office in Saudi Arabia. The office will be located in Riyadh’s King Abdullah Financial District. UiPath is also opening the Saudi School of Automation, which is intended to accelerate the advancement of Saudi Arabia’s workforce through training on AI and automation. The company is partnering with the Saudi Digital Academy on the school. UiPath is “demonstrating its commitment to Saudi Arabia,” said Rob Enslin, CEO, UiPath.

Deloitte and ServiceNow Publish 'Workflow Automation Outlook'

The consulting firm Deloitte and the digital workflow company ServiceNow released their "2024 Workflow Automation Outlook." The report highlights how companies can use generative AI to “stay one step ahead” in their technical capabilities. The report covers five areas: the human element of AI; the digital core; data protection; industry innovation; and managed services.

Coalition for Health AI Names Board Members

The Washington-based Coalition for Health AI (CHAI) appointed members of its inaugural board of directors, including Chair Dr. John Halamka, CHAI co-founder and president of the Mayo Clinic Platform. CHAI also named Dr. Brian S. Anderson, CHAI co-founder and former chief digital health physician at MITRE, its CEO. CHAI includes representatives from over 1,300 member organizations.

Databricks Ventures Invests in Entrada

San Francisco-based Entrada, a Databricks consulting and implementation services firm, received a strategic investment from Databricks Ventures. The amount of the investment was not disclosed. Entrada will use the funds to help scale its growth. Entrada is focused on “accelerating time to value” for industry-specific data and AI solutions.

Healthee Closes $32M Round

New York-based Healthee, an AI-powered employee benefits app, raised $32 million in Series A financing. Healthee, founded in 2021, will use the funds to scale operations, accelerate product development and support expansion initiatives. “Health navigation remains one of the toughest challenges for American employees across sectors and sizes,” said Lior Litwak, managing partner and head of Glilot+, a fund by Glilot Capital Partners, a venture capital firm based in Herzliya Pituach, Israel.

Topsort Raises $20M

San Francisco-based Topsort, an AI ad tech platform, secured $20 million in Series A financing. Topsort, founded in 2021, will use the funds to scale its ad platform without third-party cookie tracking and “privacy-invasive data.” Topsort names Coca-Cola, Unilever and General Mills as customers.

See more: 10 Top AI Products for Business

About the Author
Chris Ehrlich

Chris Ehrlich is the former editor in chief and a co-founder of VKTR. He's an award-winning journalist with over 20 years in content, covering AI, business and B2B technologies. His versatile reporting has appeared in over 20 media outlets. He's an author and holds a B.A. in English and political science from Denison University. Connect with Chris Ehrlich:

Main image: By Aaron Burden.
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