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Vectara

🌎 vectara.com

Vectara is a trusted GenAI platform that provides Retrieval Augmented Generation-as-a-Service (RAGaaS) to empower product builders in embedding generative AI features into their applications. The platform is designed for companies with varying levels of AI experience, offering solutions for conversational AI, semantic search, and more, while ensuring data privacy and security.

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Updates as of Sep 16, 2024

• Vectara released a package for creating great UI for GenAI, available at https://vectara.github.io/react-chatbot/.
• Vectara launched the Hallucination Leaderboard to evaluate large language models on their hallucination rates when summarizing short documents using the Hughes Hallucination Evaluation Model.
• Vectara's Hallucination Correction Model (HCM) significantly improves factuality rates by post-editing responses generated by LLMs, helping businesses deliver more accurate AI-driven results.
• Vectara is partnering with the Kingdom of Saudi Arabia to address LLM hallucination challenges, as shared by Bader Hamdan on September 13.
• Vectara launched Deepseek-V2.5, achieving a low 2.4% hallucination rate on their Hallucination Detection Leaderboard.

• WVV Capital invested $25 million in Vectara's Series A round to support their platform for integrating generative AI in regulated industries.
• Vectara is opening a new office in NYC and is hiring a General Manager to lead the expansion.
• Amr Awadallah, CEO & Co-Founder of Vectara, will speak at DataEngBytes 2024 in Auckland and Melbourne about Advanced RAG Systems.
• Vectara released an Executive Brief on balancing innovation and caution in Financial Services with Generative AI.
• Vectara is showcasing AI solutions in partnership with Yobi App at the AI Conference on September 10.
• Amr Awadallah, CEO & Co-Founder of Vectara, will speak at VDS2024 about tackling AI challenges like bias and copyright infringement.
• Vectara will participate in the CodeX Group Meeting on September 12, showcasing their Trusted Generative AI platform.

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