wordtune Archives

AI21 Labs raises $64M to help it compete against OpenAI

AI21 Labs has raised $64 million in a funding round to help it compete against OpenAI and other NLP leaders.

Competition in NLP (Natural Language Processing) is heating up. OpenAI is currently seen as the industry leader with its GPT-3 model but rivals are gaining traction.

Investors see AI21 Labs as one of the most promising contenders.

"We completed this round during a period of market uncertainty, which highlights the confidence our investors have in AI21's...

13 July 2022 | Applications

Wordtune launches commercial AI tool for summarising walls of text

A number of AI tools are cropping up to summarise text and Wordtune is throwing its hat in the ring.

Faced with a wall of text, many of us are guilty of closing the page and moving on with our busy lives. Research suggests that UK employees and students are spending almost an hour a day on average reading for work-related purposes and over a third (37%) are suffering work-related “reading fatigue”.

Wordtune Read is a new AI reading tool claiming to help people read...