Open Source AI Software Maker LangChain Launches First Paid Product — With A Massive Waitlist [Forbes]
RAKUTEN GROUP INC S/ADR (RKUNY)
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Source: Forbes
CEO Harrison Chase, who confirmed a $20 million funding round led by Sequoia, said his one-year-old startup already had a waitlist of 80,000 for its new LangSmith tools. Two Novembers ago, Harrison Chase was just another rank and file engineer at an AI startup, tinkering on a side project at Bay Area hackathons. Now, just 15 months later, that project is LangChain, a red hot AI company that today publicly released its first paid product — to a waitlist of tens of thousands. DubbedLangSmith, LangChain's new offering helps programmers building on top of large language models like OpenAI's GPT-4 to better track and test their underlying code. For companies trying to graduate from building nifty AI prototypes to large-scale, production-ready apps that can move the needle for their business, such visibility and control has proven a stumbling block, according to Chase. Working with a large language model, “you're putting this non-deterministic thing at the center of a really complex
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