Month: December 2023

Figma and Adobe abandoning proposed merger

December 18, 2023 / NewsShark

From the Figma blog…

Figma and Adobe have reached a joint decision to end our pending acquisition. It’s not the outcome we had hoped for, but despite thousands of hours spent with regulators around the world detailing differences between our businesses, our products, and the markets we serve, we no longer see a path toward regulatory approval of the deal.

We entered into this agreement 15 months ago with the goal of accelerating what both Adobe and Figma could do for our respective communities. While we leave that future behind and continue on as an independent company, we are excited to find ways to partner for our users.

Amid the uncertainty of a pending acquisition, I am deeply proud of how the Figma team delivered for our community and feel we have only continued to accelerate our pace over the past 15 months. Our team built and shipped new products to make it easier to ideate, design and build software, including our first native AI features, Dev Mode, Variables, and Advanced Prototyping. We also opened new hubs in the UK and Asia, hosted an epic Config IRL in San Francisco, acquired AI startup Diagram, and added more than 500 new Figmates.

Figma’s founding vision was to “eliminate the gap between imagination and reality.” The shift from a physical economy to a digital economy and huge advances in AI have combined to make this aspiration feel even more urgent and within reach today than it did 11 years ago.

This will be our focus moving forward. We want to make it easy for anyone to design and build digital products on a single multiplayer canvas—from start to finish, idea to production. I’m so excited for what the future holds and beyond grateful to our community for supporting us. Figma’s best, most innovative days are still ahead.

https://www.figma.com/blog/figma-adobe-abandon-proposed-merger/

Axel Springer and OpenAI partner to deepen beneficial use of AI in journalism

December 13, 2023 / NewsShark

From Axel Springer…

Axel Springer and OpenAI have announced a global partnership to strengthen independent journalism in the age of artificial intelligence (AI). The initiative will enrich users’ experience with ChatGPT by adding recent and authoritative content on a wide variety of topics, and explicitly values the publisher’s role in contributing to OpenAI’s products. This marks a significant step in both companies’ commitment to leverage AI for enhancing content experiences and creating new financial opportunities that support a sustainable future for journalism.

With this partnership, ChatGPT users around the world will receive summaries of selected global news content from Axel Springer’s media brands including POLITICO, BUSINESS INSIDER, and European properties BILD and WELT, including otherwise paid content. ChatGPT’s answers to user queries will include attribution and links to the full articles for transparency and further information.

In addition, the partnership supports Axel Springer’s existing AI-driven ventures that build upon OpenAI’s technology. The collaboration also involves the use of quality content from Axel Springer media brands for advancing the training of OpenAI’s sophisticated large language models.

Mathias Döpfner, CEO of Axel Springer: “We are excited to have shaped this global partnership between Axel Springer and OpenAI – the first of its kind. We want to explore the opportunities of AI empowered journalism – to bring quality, societal relevance and the business model of journalism to the next level.”

Brad Lightcap, COO of OpenAI: “This partnership with Axel Springer will help provide people with new ways to access quality, real-time news content through our AI tools. We are deeply committed to working with publishers and creators around the world and ensuring they benefit from advanced AI technology and new revenue models.”

https://www.axelspringer.com/en/ax-press-release/axel-springer-and-openai-partner-to-deepen-beneficial-use-of-ai-in-journalism

Franz unveils AllegroGraph 8.0

December 11, 2023 / NewsShark

Franz Inc. announced AllegroGraph 8.0, a Neuro-Symbolic AI Platform that incorporates Large Language Model (LLM) components directly into SPARQL along with vector generation and vector storage for a comprehensive AI Knowledge Graph solution. AllegroGraph 8.0 combines Machine Learning (statistical AI) with knowledge and reasoning (symbolic AI) capabilities to solve problems that require reasoning and learn efficiently with less data, expanding applicability and produces decisions understandable to humans. AllegroGraph 8.0 includes:

Retrieval Augmented Generation (RAG) for LLMs – AllegroGraph 8.0 guides Generative AI content through RAG, feeding LLMs with the ‘source of truth.’ This approach helps avoid ‘hallucinations’ by grounding the output in fact-based knowledge.
Natural Language Queries and Reasoning – The LLMagic functions serve as the bridge between human language and machine understanding, offering a dynamic natural language interface for querying and reasoning processes.
Enterprise Document Deep-insight – New VectorStore capabilities offer a bridge between enterprise documents and Knowledge Graphs, allowing users to access knowledge hidden within documents.
AI Symbolic Rule Generation – AllegroGraph offers built-in rule-based system capabilities tailored for symbolic reasoning, distilling complex data into actionable, interpretable rules.
Streamlined Ontology and Taxonomy Creation – LLMagic can streamline the complex and often labor-intensive task of crafting ontologies and taxonomies for any topic.

https://allegrograph.com/new-allegrograph-v8-neuro-symbolic-ai-platform/

Bloomreach partners with Spryker to expand composable commerce

December 7, 2023 / NewsShark

Bloomreach, a platform fueling e-commerce experiences, today announced their partnership with Spryker, a composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce. With the partnership, Bloomreach users will be able to leverage Spryker’s composable, API based functionalities to constantly improve their digital and marketplace experience. From content management and product discovery to customer engagement, Spryker’s deep market knowledge will provide Bloomreach business users with the tools and support they need to achieve true personalization and capture revenue.

Bloomreach has always prioritized composable commerce and its impact in the e-commerce space. The partnership with Spryker is a testament to that and will deliver value to Bloomreach customers by providing access to Spryker’s diverse community of technical and solution partners, as well as a strong team of experts. Through Spryker’s composable API based functionalities, customers will be able to constantly improve their digital and marketplace experiences while creating flexible tech stacks that will drive revenue and growth across the e-commerce ecosystem.

https://www.bloomreach.com/en/news/2023/bloomreach-partners-with-spryker-to-unlock-a-new-level-of-composable-commerce ■ https://spryker.com

Month: December 2023

Figma and Adobe abandoning proposed merger

Axel Springer and OpenAI partner to deepen beneficial use of AI in journalism

Franz unveils AllegroGraph 8.0

Bloomreach partners with Spryker to expand composable commerce

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