AI Startup Writer Raises $100 Million To Take On ChatGPT Enterprise

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AI Startup Writer Raises $100 Million To Take On ChatGPT Enterprise
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Firms like Spotify, Uber and Accenture use Writer’s generative AI tools to research, create and analyze content.

that enterprise customers are switching from Azure OpenAI over to Writer because the quality of outputs generated by ChatGPT hasHer startup’s revenue has increased by 10 times in the last two years and four times since the start of this year alone.

Writer offers a group of 14 models of different sizes, from 128 million parameters to 43 billion parameters — far smaller than the size of OpenAI’s GPT-4, whichhas about 1 trillion parameters. The models, called Palmyra, were trained on public data from sources like web pages, books, Wikipedia, Github and transcribed video content from YouTube. The public data is filtered to remove copyrighted content, Habib said.

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