VC agency Bessemer now has one other $5.75B to put money into (what else?) AI

Bessemer Enterprise Companions introduced on Wednesday that it has raised $5.75 billion throughout two new funds to speed up its funding throughout all components of the AI stack. The agency, which has backed firms similar to Anthropic, Cognition, Legora, Perplexity, Ramp, Shopify, and Waymo, devoted $1.75 billion for seed and early-stage investing and the remaining…

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Contrastive-LM Releases CLM-8B: An Open System One Model That Scores Agent Actions Up to 9× Faster Than Jev

Contrastive-LM has released CLM-8B, the first open model in a new class called Contrastive Language Models (CLMs). CLM does not generate text. It scores a set of candidate actions against the current state and returns probabilities. Their main baseline is Jev, the proprietary System One model from TypeSafe AI. Is it deployable? Yes. The Apache-2.0…

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