Asserting the winners of VentureBeat’s sixth Annual AI Innovation Awards – Uplaza

Capping the second day that includes insights from enterprise AI and information leaders throughout VB Remodel 2024 in San Francisco, VentureBeat introduced the winners of the sixth annual AI Innovation Awards. 

The awards acknowledged enterprise implementation, innovation, startup promise and visionary and inclusivity initiatives in generative AI. 9 awards got in 5 classes: Generative AI Innovator of the 12 months, Finest Enterprise Implementation of Generative AI, Most Promising Generative AI Startup, Generative AI Visionary, Generative AI Range and Inclusion and Generative AI Open Supply Contribution.

The nominees and winners had been drawn from our day by day editorial protection and the experience, information and expertise of our nominating committee members.

Thanks to our nominating committee members for his or her steering, insights and proposals: 

• Jonathan Frankle, Chief Scientist for neural networks at Databricks
• Diya Wynn, Accountable AI lead at AWS. 
• Tonya Custis, Senior Director of AI analysis at Autodesk
• Prem Natarajan, Chief Scientist and head of enterprise AI at Capital One
• Kalyan Veeramachaneni, Principal Analysis Scientist at MIT School of Computing

And the winners are: 

This award goes to the corporate that has pushed the boundaries of gen AI the furthest previously yr and demonstrated probably the most progressive use of the know-how.

Our winner is OpenAI. The startup has rapidly claimed the focus within the tech world, charming each business insiders and most people with its groundbreaking AI improvements. From the viral success of ChatGPT to the anticipation surrounding every new mannequin launch, OpenAI has masterfully stored the highlight on gen AI. Their rapid-fire developments, together with GPT-3, GPT-4, and DALL-E, haven’t solely showcased the potential of AI however have additionally sparked international conversations about its implications. With the current announcement of GPT-4o (GPT-4 Omni), OpenAI continues to command headlines and steer the narrative of AI’s future, cementing its position as the corporate everybody’s watching within the AI revolution.

This award highlights the highest enterprise firm that has carried out gen AI know-how in a very transformative approach.

Our winner is Microsoft. The tech big has been engaged on incorporating gen AI into its Dynamics and Energy platforms to allow enterprise functions with the facility of gen AI. The corporate has additionally deployed its Copilot gen AI assistant throughout the Microsoft 365 suite of enterprise productiveness and collaboration apps. In Might, the corporate introduced that Microsoft Copilot Studio will let builders construct AI bots that act like brokers. In June, the corporate’s Azure AI workforce dropped a brand new imaginative and prescient mannequin referred to as Florence-2 on Hugging Face.

Colette Stallbaumer, WorkLab co-founder and Copilot GM at Microsoft, was a speaker at Remodel. She accepted the award in a video earlier within the day.

“I’m honored that VentureBeat is recognizing Microsoft for best enterprise and implementation. It’s been an incredible year and I’m thrilled that our customers are seeing the value of Copilot in the enterprise. I’m honored to accept this award on behalf of Microsoft and the incredible team behind Copilot. Thank you.”

Our winner is Patronus AI. The corporate is concentrated on AI analysis and safety, significantly for giant language fashions (LLMs). As extra tech corporations launch fashions able to seeing, listening to and injecting emotion into interactions, it makes it troublesome to maintain up with accuracy, privateness and auditing wants. Patronus AI goals to deal with these challenges and has launched “FinanceBench” benchmarks, datasets and diagnostics to assist in areas like detecting personally identifiable data (PII) in bot data. In Might, the corporate raised $17 million in a collection A funding, bringing its complete funding to $20 million.

The Patronous AI workforce couldn’t be on the convention to just accept the award in individual; nevertheless, Anand Kannappan, co-founder and CEO, did ship in an acceptance video.

Kannappan stated the corporate was thrilled to be receiving the award.

“We help companies scale, we catch failures to tell their systems…we launched the patch late last year to help financial services companies and test their systems,” he stated. “It has since been widely adopted as a standard by financial institutions. We are so proud of this recognition from VentureBeat and we’re really thrilled about what’s coming next in 2024 and beyond.”

Our winner is Abridge. The corporate affords an AI-powered platform constructed for medical conversations and bettering scientific documentation. The corporate’s know-how transforms patient-clinician conversations into structured scientific notes in real-time with deep digital medical data integrations. In February the corporate introduced a $150 million collection C spherical, simply 4 months after a $30 million collection B spherical. The corporate additionally introduced a brand new enterprise settlement with Yale New Haven Well being System, to cut back the psychological load of scientific documentation to give attention to affected person care.

Abridge CTO/CSO Zack Lipton accepted the award for the corporate at VB Remodel. He talked about how the corporate is working to take away the executive friction that medical professionals face.

“Already in the last year we’ve gone from a single pilot to the leading system deployed in over 50 hospital systems across the country,” stated Lipton. The hope is to save lots of medical doctors and medical professionals worthwhile time, he added.

“Every day we hear from doctors who are able to get home earlier, take lunch breaks for the first time in 10 years and spend time with their families in the evening,” stated Lipton. “We’re saving doctors hours per day and we’re just getting started.”

Our winners are ServiceNow and Hugging Face. StarCoder, a brand new LLM, a part of the BigCode Mission, a joint effort of ServiceNow and Hugging Face, launched in Might. That is a part of an effort to construct out an open group round code technology instruments for AI.

ServiceNow’s Sampada Chavan, an AI senior principal product supervisor, accepted the award at VB Remodel.

“There are two main things that I want to highlight,” Chavan stated. “One, is we truly tap into the virtuous cycle of open innovation because this is where the community came together to build the model according to the data and that will give it back to the committed community as well.” The second half, she added, is having open, clear details about the fashions.

“And this is going to help us with the generative AI as well as responsive, responsible AI at scale,” she stated.

This award goes to probably the most promising startup that has developed an progressive gen AI software and demonstrated excessive progress potential.

Our winner is Lamini. The startup affords a platform for AI mannequin growth and deployment and just lately introduced findings that its fine-tuning reduces hallucinations by 90%. The corporate was based in 2022 and goals to simplify the method of making, fine-tuning and deploying customized LLMs for companies. Lamini’s platform focuses on enabling mannequin coaching on proprietary information whereas addressing privateness considerations and computational effectivity.

Greg Diamos, CTO and co-founder of Lamini, accepted the award at Remodel.

“It’s been a real journey to get here to be able to create this company,” he stated. “I believe our mission is that each single enterprise can have entry to generative AI. He added that it was an honor for the corporate to obtain the award.

This award honors a person who has made important contributions to the sphere of gen AI by means of their thought management, analysis or work constructing foundational applied sciences.

John Pasmore is the founder and CEO of Latimer, an LLM designed with deep empathy and a dedication to lowering bias. Latimer understands the nuances of numerous voices and narratives and leverages a retrieval-augmented technology (RAG) mannequin structure to make sure each response is grounded in probably the most correct and complete information obtainable.

Pasmore accepted his award at Remodel, saying: “It’s an incredible honor. We’re a very young company. We started last July and launched our product in January of this year, with the sole goal of making AI as inclusive as possible. So we’ve built a built-in model that we hope everybody uses. We’ve seen tremendous adoption, we’re working with a bunch of colleges and universities.”

This award acknowledges the corporate, group or person who has completed probably the most to advertise variety and inclusion within the gen AI discipline. This might embrace advancing AI ethics, making AI applied sciences extra accessible, offering alternatives and help for underrepresented teams or utilizing AI in a approach that reduces bias and promotes social justice.

Maryam Rezapoor works on product growth for Amazon AGI. She constructed the AWS AI and ML Scholarship, in collaboration with Intel and Udacity, from idea to creation to offer highschool and faculty college students from underserved and underrepresented communities with sources to begin their careers in AI and ML globally. (Disclosure: Considered one of our nominating committee members works for AWS)

Rezapoor accepted her award at VB Remodel. She thanked her workforce and management at AWS.

“The journey of building this product and program was filled with determination and reflection for me,” Rezapoor stated. “As somebody from Iran, the experience of navigating a new culture shaped my perspective. I vividly remember the time that I totally recognized the value and the power of diversity. Being in a room with people from different walks of life. I realized firsthand how a vision can transform into something extraordinary with people of diverse backgrounds.”

“So I’m really hopeful for future data ideas and creators that are as diverse as the world,” she added.

This award highlights the individual, workforce or firm that has made probably the most important contribution to open-source instruments, datasets or different sources to assist advance gen AI.

Our winner is Hugging Face. This main AI firm and platform supplies a complete ecosystem for machine studying (ML) practitioners, researchers and builders. Hugging Face is famend for its important open-source contributions to the ML group, significantly in advancing pure language processing (NLP) and pc imaginative and prescient (CV) applied sciences. Hugging Face’s platform has develop into a go-to useful resource for AI practitioners, fostering innovation and information sharing within the discipline.

Congratulations to all our winners and nominees.