AI startup Hugging Face, with funding from the French government and participation from over 1,000 volunteer researchers, launched a new language model that aims to provide a more transparent alternative to similar proprietary projects from OpenAI and Google, reported MIT Technology Review. The language model—an algorithm trained on huge amounts of data—is called BLOOM, which is short for...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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