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AI & Enterprise

From TFM to CEM, AI models different from LLMs are arriving

AI companies are increasingly betting on models that operate differently from large language models, including tabular foundation models for structured data prediction, decision-focused models that output choices and probabilities, and code execution models that optimise running programs autonomously. Gartner flagged large quantitative models as a key 2027 keyword. SAP and Nvidia have moved into TFM. Decision model competition has expanded to major firms. Nvidia-backed DoubleAI is also drawing attention with CEM technology.

AI & Enterprise

DoublesAI unveils CEM AI model to cut computing costs by up to 67 percent

Nvidia-backed Israeli startup DoublesAI is introducing an AI model aimed at cutting companies\' computing costs, the Wall Street Journal reported on Oct. 19. The company, founded by Mobileye co-founder and CEO Amnon Shashua (암논 샤슈아), has raised $220 million from investors including Lightspeed Venture Partners, Bessemer Venture Partners, Nvidia and Dell. DoublesAI says an early customer reduced computing costs by 67 percent. Its first product, Maxwell, is to be supplied from late October.

AI & Enterprise

Wonderful raises $550 million in Series C at $5 billion valuation

Enterprise AI operating system company Wonderful said on Monday it raised $550 million in a Series C funding round, valuing the company at $5 billion. The round was led by global venture capital firm Insight Partners, with follow-on participation from Salesforce and existing investors including Index Ventures, IVP, Vy Capital, 9Yards and Bessemer Venture Partners. Wonderful plans to use the funds for product development and global expansion.