Pryon

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Natural Language Processing Tools?
Generative AI Infrastructure?
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Cognitive search
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Pryon is an artificial intelligence company founded in 2017 that specializes in AI-powered knowledge management for enterprises. The company has developed a proprietary "knowledge fabric" that weaves together an organization's unstructured data to extract actionable intelligence. Pryon's platform allows users to query their organizations' unstructured data securely, providing either extractive or summary-based results anchored in verified sources. This technology aims to solve the problem of "knowledge friction" - the disconnect between valuable content and the people who need quick access to accurate information.

The company's AI-enhanced knowledge management platform transforms untapped digital assets from multiple sources into solutions that improve business outcomes. Pryon's technology ingests multimodal content including audio, images, text, and video files, efficiently converting them into a searchable knowledge base. The platform utilizes advanced AI technologies such as computer vision, large language models, and proprietary connectors to maintain high accuracy. Pryon emphasizes its adherence to responsible AI principles, including energy efficiency, data privacy, and ethical data sourcing.

Pryon's no-code platform can be deployed rapidly, with initial implementations taking days rather than years. The company states that its solutions can reduce requests sent to human agents by 50% or more. As of March 2022, Pryon reported that users experienced up to three times more accuracy in answers delivered compared to existing solutions. In November 2023, Pryon selected Oracle Cloud Infrastructure as its preferred cloud provider for research and model training, expecting to achieve at least 2x greater productivity compared to its previous provider.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Raleigh NC USA
Founded year:
2017
Employees:
101-250
IPO status:
Private
Total funding:
USD 159.1 mn
Last Funding:
USD 78.0 k (Series Unknown; Jan 2024)
Last valuation:
USD 625.0 mn (Sep 2023)
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