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AI & Enterprise
Nums AI unveils tabular foundation model, tops global benchmark
Nums AI, a developer of tabular foundation models, said on Tuesday it has unveiled its in-house model Causilo. The company said Causilo ranked first in overall, classification and regression Elo evaluations in TabArena, a global benchmark for tabular data AI. It said the model outperformed TabFM from Google Research, Mitra-v2 from Amazon, Xiaomi-TabLDM and TabPFN-3 from Prior Labs. Nums AI said it has released Causilo’s code and pretrained weights, while applying a separate licence for commercial use.
AI & Enterprise
Nums AI raises 4 billion won to speed tabular foundation model development
Nums AI, which develops a Tabular Foundation Model for structured data, said on July 20 it has raised its first investment worth 4 billion won. Stonebridge Ventures led the round, with participation from SBVA, KT Investment and Base Ventures. The company said its model can cover tasks such as demand forecasting, anomaly detection and credit assessment with a single model, and plans to expand GPU infrastructure and its research organization.
AI & Enterprise
Jensen Huang wraps up South Korea visit, stresses physical AI cooperation and startup support
Nvidia CEO Jensen Huang attended a \"Korea AI Ecosystem Reception\" on June 8 to wrap up a five-day visit, saying South Korea is unmatched in heavy industry, manufacturing, electronics and AI software and that hundreds of billions of dollars in revenue would flow into the country over the next five years. He urged venture capitalists and the government to support AI startups and highlighted physical AI cooperation. Deputy Prime Minister Bae Kyung-hoon cited plans on next-generation accelerators, GTC Korea and GPU price talks.