Ethiopia Raises Revenue Goal to $12.5B with New Tax Measures
Ethiopia sets ambitious revenue goal, introduces new taxes to reach target, amidst economic reforms and IMF bailout
Alexis Rowe
Clarifai, a Washington D.C.-based AI startup, has made a significant leap in its evolution by announcing a major update to its AI lifecycle platform. The company, which has distanced itself from its early years of controversy, has now unveiled a platform that allows users to automate the management, allocation, and optimization of computing resources to run workflows based on factors like cost and performance.
This development marks a significant milestone in Clarifai's journey, which began in 2013 as a computer vision startup. Over the years, the company has expanded its focus to become a vendor-agnostic full-stack AI tools provider, helping enterprise customers with tasks such as data labeling, AI model training, and AI workflows. With this update, Clarifai is poised to further cement its position in the AI market.
According to Matthew Zeiler, founder and CEO of Clarifai, the new platform enables users to orchestrate compute resources from a single control panel, allowing for more efficient scaling of AI while better utilizing existing compute resources. This "atomization" of resources, as Zeiler puts it, is a game-changer for enterprises struggling to manage their AI workflows.
The platform's ability to bundle smaller AI models from different sources together is a key feature that helps streamline costs and resources. This is particularly important for enterprises, where the cost of compute is a major concern when it comes to AI. By providing a single platform to manage compute resources, Clarifai is addressing a critical pain point for its customers.
The announcement builds upon Clarifai's release of its control center dashboard in October, which allowed companies to view their compute sources all on one platform, regardless of whether they were stored in the cloud or on-premise machines. The new update adds another layer of functionality to the system, enabling customers to manage all their different clusters from one central place, whether they are from cloud providers or bare metal machines.
Clarifai's growth has been impressive, with the company having helped build over 1.5 million AI models and counting companies like OpenTable, Siemens, and Canva among its customers. The startup has raised over $100 million in VC funding, with its most recent round of $60 million in 2021 valuing the company at $775 million.
The implications of Clarifai's update are far-reaching, with the potential to transform the way enterprises approach AI workflows. As the AI market continues to evolve, Clarifai's focus on providing a vendor-agnostic platform that streamlines compute resource management is likely to resonate with customers. With its latest update, Clarifai is poised to cement its position as a leader in the AI industry.
In the broader context, Clarifai's announcement highlights the growing importance of efficient AI workflows in the enterprise sector. As AI adoption continues to accelerate, the need for platforms that can manage complex AI workflows while keeping costs under control will only continue to grow. Clarifai's update is a significant step in this direction, and its impact will be closely watched by industry observers in the months to come.
Ethiopia sets ambitious revenue goal, introduces new taxes to reach target, amidst economic reforms and IMF bailout
General Motors reports 32,000 electric vehicle sales in Q3, claiming the second spot in the US market, with Tesla still leading the pack.
OSI unveils Open Source AI Definition to promote transparency and collaboration in AI development, ensuring freedom to use, study, modify, and share AI systems.
Copyright © 2023 Starfolk. All rights reserved.