Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. Their portfolio includes pinterest, shopify, twilio, yelp, linkedin, pagerduty, docusign, wix, fiverr, and toast, and has $19 billion of assets under management.

Bessemer Venture Partners

Tidal Ventures is a specialised venture capital firm investing in what we believe to be promising technology-driven opportunities. We are committed, high-conviction investors who support visionary founders and groundbreaking products with demonstrable global appeal. We focus on high-growth technology businesses that we believe have demonstrated an ability to disrupt value chains in their industry, driving extraordinary customer efficiencies and delivering market-leading gross margins. We employ a rigorous due diligence process, and our commitment doesn't end with the investment decision. As partners, we actively engage with the companies we invest in, guiding our founders as they seek to achieve product-market fit, expand their teams, recruit top-tier talent, and progress towards their next funding round. What sets us apart is our investment team's collective technology operator experience, with several team members successfully building and exiting startups. We believe this invaluable experience gives us a competitive advantage when collaborating with our founders. It enables us to develop companies in a well-considered and measured manner, ultimately delivering solid returns to our investors while effectively managing downside risk.

Tidal Ventures

Aimon Labs

AIMon enables reliable adoption of Enterprise Generative AI.

AIMon Labs specializes in developing AI monitoring technology to detect and combat hallucinations in LLMs. The company's flagship product, HDM-1 (Hallucination Detection Model-1), is designed to evaluate the outputs of other LLMs by assessing various aspects, such as tone, coherence, factual accuracy, and conciseness.&nbsp;

Aimon Labs Information

Aimon Labs Review: Top Features, Pros, Cons & Alternatives

AIMon raises $2.3M to combat AI hallucinations

AIMon Labs

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

Aimon Labs on LinkedIn: The Case for Continuous Monitoring of Generative AI Models

AIMon Labs specializes in developing AI monitoring technology to detect and combat hallucinations in large language models (LLMs). The company's flagship product, HDM-1 (Hallucination Detection Model-1), is designed to evaluate the outputs of other LLMs by assessing various aspects such as tone, coherence, and factual accuracy. The technology provides hallucination scores at GPT-4 level accuracy while operating at one-fourth the latency and reduced cost. The platform includes an Adherence model that achieves over 87% accuracy in detecting when LLMs deviate from given instructions. AIMon's proprietary technology helps identify context quality issues to troubleshoot and fix root causes of LLM hallucinations. The company's benchmarks indicated that HDM-1 performed 7.8% better than competitor Lynx in hallucination detection. The platform serves developers as well as governance, risk, and compliance teams by providing insights into LLM-based applications during both preproduction and post-deployment phases.
The technology has been developed to address a significant challenge in AI development, as studies have shown that hallucinations constitute between 3% and 10% of all LLM responses to user prompts. AIMon's solution automates the evaluation process that would typically require human engineers to perform manually. The company has participated in both the Microsoft for Startups and Nvidia Inception programs.

AIMon Labs specializes in developing AI monitoring technology to detect and combat hallucinations in LLMs. The company's flagship product, HDM-1 (Hallucination Detection Model-1), is designed to evaluate the outputs of other LLMs by assessing various aspects, such as tone, coherence, factual accuracy, and conciseness.&nbsp;The company's benchmarks indicated that HDM-1 performed 7.8% better than competitor Lynx in hallucination detection. Further, it claims to detect hallucinations in under 100 ms.&nbsp;AIMon’s technology identifies context quality issues to address LLM hallucinations. It serves developers and governance, risk, and compliance teams, offering insights into LLM applications during preproduction and post-deployment.Key customers and partnershipsNotable enterprises which used AIMon included AI customer support firm Duckie.

Founded in Israel, NeuReality specializes in providing hardware infrastructure to streamline computation processes to accelerate the development of AI applications. Its technology assists AI inferencing deployment by offering a comprehensive system solution that seamlessly supports a vast array of deep learning models.NeuRealitys’ infrastructure includes an architecture called the Network Addressable Processing Unit (NAPU) to maximize the capabilities of Deep Learning Accelerators (DLAs). This design facilitates inference through purpose-built NAPUs that are specifically crafted for AI inference tasks, enhancing performance and efficiency.The NR1 AI Inference Solution by NeuReality is a comprehensive system comprising architecture, hardware, and software platforms. Launched in November 2023, it intends to simplify the installation, utilization, and management of AI, making it accessible and manageable for users.The hardware offerings of the solution include,1. NR1 Network Addressable Processing Unit : A network addressable inference Server-on-a-Chip with an embedded Neural Network Engine, which is a workflow-optimized hardware device with specialized processing units, native network capabilities, and virtualization capabilities2. NR1-M™ AI Inference Module : A full-height, double-wide PCIe card containing one NR1 Network Addressable Processing Unit (NAPU) system-on-chip and a network addressable Inference Server that can connect to an external Deep Learning Accelerator (DLA)3. NR1-S AI Inference Appliance : An optimized design for an inference server that contains NR1-M modules with the NR1 NAPU, which enables disaggregated AI service in a scalable and efficient architectureThe software component of the solution is designed to be compatible with any trained model from any development environment. It includes tools that handle the entire AI pipeline and enable seamless connection of AI workflows to any environment.NeuReality differs from traditional AI chip connectivity in replacing CPU-centric support with an AI-centric platform. This allows components to communicate directly with AI accelerators, eliminating the need for commands to pass through a central processing unit. Additionally, the technology enables AI accelerators to connect with each other, enhancing efficiency and performance in AI applications. It also claims its AI-centric approach reduces complexity, cost, and power usage. The firm claims it can reduce inference costs by 90%.Key customers and partnershipsIn November 2021, NeuReality teamed up with IBM to develop advanced AI inference technology by enhancing its NR1 chip and system for use in IBM's Hybrid Cloud.In September 2021, the company partnered with Xilinx to develop AI-centric platforms that improve real-world AI applications. This collaboration was intended to focus on NeuReality's AI-centric inference platform NR1-P and address existing issues with AI deployment including cost and complexity.

NeuReality

<div>
 
 Accubits is an AI and BLOCKCHAIN focused development and solutions company based in Washington DC with its development offices in India and Dubai. Pioneering as a custom Blockchain solutions provider delivering solutions ever since 2012, Accubits is one of the oldest and experienced Blockchain dev house in the market and is featured as one among the top 13 Blockchain companies in India by INC42. We are a big family of engineers, innovators, inventors and many others continually working to help our customers in leveraging their business and adding value to their lives. Over the past 6 years, We have delivered more than 600 projects, for over 200 clients worldwide. Several of Fortune 500 companies in sectors from Retail to Health are being powered by our solutions to streamline and leverage their growth.Our portfolio for AI solutions includes intelligent conversational tools, RPAs, CRMs, SIPs, real-time video and image analytics systems, state of the art ALPR systems and many more being used enterprises, startups across North America, Canada, Middle East, Hong Kong, Singapore, Indonesia, India &amp; Sweden. Our portfolio of Blockchain development includes custom DApps and smart contracts, crypto token and exchange development, integrated blockchain services and ICO platforms.
 
</div>

Accubits

<div>
 
 LeewayHertz is a leading software development company delivering tailor-made digital solutions to businesses worldwide. Our team of 250+ full-stack developers, designers and innovators has designed and developed 100+ digital solutions across industry verticals. As a close-knit team of AI and web3 experts, designers and full-stack developers, we undertake collaborative research and development to create next-gen applications and solutions perfectly suited to the evolving tech space. As a technology pioneer with deep knowledge and expertise in AI, blockchain and other advanced technologies like IoT, LeewayHertz believes in helping companies overcome their most complex tech challenges and drive business growth. Our motto, &lsquo;You Dream It: We Build It,&rsquo; reflects our business philosophy. From putting flesh on your idea to delivering the expected end product, we do whatever it takes to make your project successful. Having worked with 30+ top fortune 500 companies and created various on-demand solutions, we boast an impressive work portfolio demonstrating our expertise.
 
</div>

LeewayHertz

Databricks, a data and AI company established by the original developers behind prominent Big Data solutions such as Delta Lake, Apache Spark, and MLflow, and provides organizations with AI and data analytics tools for efficient management of their data.&nbsp;Databricks' primary product is the Databricks Lakehouse platform, a unified data intelligence platform that merges a data warehouse and data lake to provide developers with efficient access to data and enables enterprise customers to create their AI models—similar to a ChatGPT-style AI system—using only their internal data.&nbsp;Databricks Unity Catalog, part of the Databricks Lakehouse Platform, provides unified governance for structured and unstructured data, machine-learning models, notebooks, dashboards, and files across various environments, offering automated monitoring, proactive alerts, and seamless data sharing through Delta Sharing integration. Furthermore, Databricks offers an open architecture that streamlines the AI development process, allowing the integration of various LLMs such as Llama 2, Azure OpenAI, and Anthropic, enabling customization with enterprise data for tailored model creation. In&nbsp;<a href="https://sp-edge.com/updates/28436">April 2024</a>, Databricks introduced its Data Intelligence platform for energy to use AI technology to process large data for energy companies. Following this, the company added synthetic data capabilities for AI agent evaluation in&nbsp;<a href="https://sp-edge.com/updates/37008">December 2024</a>.Notably, Lakehouse leverages NVIDIA technology for accelerated data processing and AI model generation. Databricks also offers industry-specific solutions like Databricks Lakehouse for Healthcare, Financial Services, Retail, and Manufacturing.Databricks has expanded its offerings through multiple acquisitions, including MosaicML (<a href="https://sp-edge.com/updates/19683">July 2023</a>), Arcion (<a href="https://sp-edge.com/updates/23041">October 2023</a>), Okera (<a href="https://sp-edge.com/updates/18197">May 2023</a>), and Datajoy (October 2022).&nbsp; Key customers and partnershipsAs of November 2024, Databricks served a global customer base of more than 10,000 organisations, including Comcast, Conde, DuPont, Honeywell, Rolls-Royce, Shell, and Tata Steel.Databricks collaborates with over 1,200 global cloud, ISV, and consulting partners to deliver data, analytics, and AI solutions, supporting customers in scaling their projects.Notable partnerships include collaboration with AWS in&nbsp;<a href="https://sp-edge.com/updates/34884">October 2024</a> to leverage AWS Trainium chips as the preferred AI chip to power Databricks' Mosaic AI model training and serving capabilities.&nbsp;Databricks also partnered with Karini AI in&nbsp;<a href="https://sp-edge.com/updates/33687">September 2024</a> to accelerate GenAI deployment for enterprises.&nbsp;

Databricks

Labelbox offers a data-centric AI platform for enterprises, enabling them to develop, optimize, and use AI to solve complex problems and power new products and services.&nbsp;&nbsp;Labelbox’s platform offers capabilities for building, optimizing, training, fine-tuning LLMs, and AI-enabled data labeling automation.&nbsp;Its products include&nbsp;1) Catalog: A platform for building AI applications with features such as advanced search capabilities and optimizing data for labeling budgets2) Annotate: A data labeling solution designed to streamline and accelerate labeling operations using automation tools and pre-labeling techniques(3) Model: Offers tools for data enrichment, model-assisted labeling, and custom Foundry Apps to automate data management tasks and improve AI model performance&nbsp;&nbsp;(4) Boost: Offers fully managed tailored solutions such as on-demand data labeling services to enhance AI development speed and efficiency.&nbsp;As such, Labelbox enables companies to streamline the fine-tuning and alignment of LLMs and enables the validation of outputs through techniques such as reinforcement learning with human feedback (RLHF), reinforcement learning from AI feedback (RELIEF), and evaluation. This incorporation of human expertise ensures more accurate, contextually relevant, trustworthy, and secure results from LLM systems.The platform is offered through a SaaS subscription model with packages ranging from free subscriptions with limited usage and custom pricing for enterprises.Key customers and partnershipsThe firm's solutions have use cases across diverse industries, including retail, consumer internet, healthcare, manufacturing, and financial services. Labelbox has a large portfolio of customers, including NASA's Jet Propulsion Laboratory and Blue River Technology, a smart AgriTech company that used Labelbox's model-assisted labeling suite to enhance its See &amp; Spray technology in smart agriculture, resulting in herbicide cost savings of 70%–80. Labelbox's customers also include several Fortune 500 companies, such as Walmart, P&amp;G, Audi Adobe, Airbnb, Bayer, and Bosch.Key partnerships include a long-term collaboration with <a href="https://sp-edge.com/updates/21770">Google Cloud </a>to facilitate digital transformations in retail, consumer internet, financial services, and manufacturing and logistics.&nbsp;

Labelbox

Integrated solutions that handle various processes such as model training, fine-tuning, model deployment, monitoring, and maintenance in working with and deploying LLMs

Platforms that provide hardware such as high-performance CPUs, GPUs, or TPUs, including cloud-based solutions that are commonly used to train and run GenAI models efficiently

Platforms that assist with fine-tuning pre-trained GenAI models or custom models tailored to specific use cases. Includes services that train models from scratch or use existing models

Platforms that store and retrieve training data in vector databases for access during the model training phase

Services to deploy GenAI models (on-premises or cloud-based) into production environments and integration tools to support existing systems and workflows

Ongoing monitoring of GenAI models to ensure performance. Includes regular model retraining, performance optimization, and troubleshooting

Platforms that assist in designing and refining prompts or instructions to GenAI models to get the desired responses or outcomes

Platforms that enable safe, responsible, and ethical GenAI deployment, ensuring compliance with regulations and/or protection against GenAI-based cybersecurity threats.

All services offered by these companies provide support to AI/ML

NLP is a key component of generative AI which is the core focus of this hub.

All companies within this space are offering infrastructure for generative AI

Generative AI infrastructure hub covers companies that deploy and run these foundation models.

ANALYST_QUICK_TAKE

<div>
 Aimon Labs' AI hallucination detection platform known as AIMon has successfully raised USD 2.3 million in pre-seed funding. This was achieved through a combination of co-investment by Bessemer Venture Partners and Tidal Ventures, as well as the participation of angel investors such as Thumbtack CEO Marco Zapacosta and Sumo Logic's co-founder, Kumar Saurabh.
 The funds raised will be used to further progress the development of HDM-1, AIMon's own Hallucination Detection Model. The specific focus of the funding will be on monitoring and safeguarding other GenAI applications.
 As the mastermind behind HDM-1 Hallucination Detection Model, Aimon Labs is recognized for its specialty in heightening GenAI reliability. This is done through the detection and subsequent address of AI hallucinations. The proprietary model of HDM-1 even asserts to supersede leading tools like GPT4-o mini, GPT4-Turbo, and Lynx when it comes to hallucination detection, boasting a higher accuracy rate by 7.8%.
 
</div> Analyst QuickTake: 
 Aimon Labs competes with Patronus AI's <a href="https: 
//sp-edge.com/updates/31407"> Lynx </a> (launched in July 2024), which <a href="https: 
//sp-edge.com/updates/35529"> monetizes </a> its solutions through scalable API access. Patronus AI has raised more funding (USD 20 million) than Aimon Labs and has also expanded the scope of its offerings over time (in <a href="https: 
//www.patronus.ai/blog/introducing-copyright-catcher"> March 2024 </a> , it launched CopyrightCatcher, the first copyright detection API for LLMs).

Aimon Labs

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