Dropbox, Figma CEOs back Lamini, a startup building a generative AI platform for enterprises [TechCrunch]
Insight Enterprises, Inc. (NSIT)
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Source: TechCrunch
Lamini, a Palo Alto-based startup building a platform to help enterprises deploy generative AI tech, has raised $25 million from investors including Stanford computer science professor Andrew Ng. Lamini , co-founded several years ago by Sharon Zhou and Greg Diamos, has an interesting sales pitch. Many generative AI platforms are far too general-purpose, Zhou and Diamos argue, and don't have solutions and infrastructure geared to meet the needs of corporations. In contrast, Lamini was built from the ground up with enterprises in mind, and is focused on delivering high generative AI accuracy and scalability. “The top priority of nearly every CEO, CIO and CTO is to take advantage of generative AI within their organization with maximal ROI,” Zhou, Lamini's CEO, told TechCrunch. “ But while it's easy to get a working demo on a laptop for an individual developer, the path to production is strewn with failures left and right.” To Zhou's point, many companies have expressed frustrati
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- Insight Enterprises, Inc. Announces Pricing of $500 Million Offering of Senior NotesBusiness Wire
- Insight Enterprises, Inc. Announces Proposed $500 Million Offering of Senior NotesBusiness Wire
- Insight to Present at J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferenceBusiness Wire
- Insight Enterprises, Inc. Announces Investor Meetings for Potential Offering of Senior NotesBusiness Wire
- Insight Enterprises, Inc. (NASDAQ: NSIT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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- 5/2/24 - Beat
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- 5/15/24 - Form 8-K
- 5/15/24 - Form 8-K
- 5/13/24 - Form 144
- NSIT's page on the SEC website