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About Arize AI
Industries
Data & Analytics
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$61M
Headquarters
Berkeley, California
Founded
2020
Overview
Arize AI provides a platform focused on AI observability and evaluating language models. The platform is designed to monitor, troubleshoot, and assess various machine learning models, including those used in natural language processing, computer vision, and recommendations. It offers analytics and workflows that help AI companies identify and resolve issues in their models, ensuring optimal performance. Key features include task-based evaluations for aspects like hallucination and relevance, as well as tools for visualizing query and knowledge base embeddings to enhance retrieval accuracy. Unlike competitors, Arize emphasizes a comprehensive approach to model evaluation and troubleshooting, making it easier for companies to continuously improve their AI systems. The goal of Arize AI is to support AI companies in enhancing the effectiveness of their models through detailed insights and analytics.
Simplify's Take
What believers are saying
- Arize AI's integration with Microsoft Azure enhances enterprise deployment of generative AI.
- The introduction of AI Copilot automates complex tasks, improving AI engineers' efficiency.
- EU data residency rollout addresses data privacy concerns for European clients.
What critics are saying
- Increased competition from emerging AI observability platforms threatens Arize AI's market share.
- Rapid AI advancements may outpace Arize AI's feature integration, risking customer dissatisfaction.
- Dependence on partnerships, like with Microsoft, poses risks if collaborations falter.
What makes Arize AI unique
- Arize AI offers a unique AI observability platform for model monitoring and analytics.
- The platform includes task-based LLM evaluations for detailed AI model performance insights.
- Arize AI's acquisition of Velvet enhances its AI observability and infrastructure capabilities.
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Funding
Total Funding
$61M
Above
Industry Average
Funded Over
3 Rounds
Battery VenturesIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Parental Leave
Mental Health Support
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↓ -3%2 year growth
↓ -5%Arize AI Inc. has acquired Velvet to enhance its AI observability and evaluation capabilities. Velvet, founded in 2023, provides an AI gateway for developers to analyze and monitor AI features. The acquisition aims to meet the growing demand for AI monitoring and evaluation, with Velvet's team joining Arize to expand its offerings. Chris Hendel, Velvet's co-founder, will lead platform engineering at Arize. Financial terms of the deal were not disclosed.
With backing from major investors and deeper integration with Microsoft's Azure AI, Arize AI expands its tools to support enterprises deploying large-scale AI systems.
Arize AI is named an Emerging Leader in the Generative AI engineering gartner(r) Emerging Market quadrant.
Arize AI now offers an integrated development experience on Microsoft Azure AI Foundry portal, SDK, and Command Line Interface (CLI). CHICAGO, Nov. 19, 2024 /PRNewswire/ -- Arize AI, a leader in AI observability and LLM evaluation, debuted a deeper collaboration with Microsoft and a raft of new integrations at Microsoft Ignite today. The updates come at a critical inflection point for enterprise adoption of generative AI. Despite the fact that most enterprises are planning production deployments of LLMs, over half still cite issues like data privacy and difficulty pinpointing issues (i.e. accuracy of responses) as barriers standing in the way of moving from prototype to successful real-world deployment
Arize AI, Inc is excited to announce the release of AI Search V2, packed with new features and improvements designed to enhance the user experience.
Arize AI is Hiring for 4 Jobs on Simplify!
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About Arize AI
Industries
Data & Analytics
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$61M
Headquarters
Berkeley, California
Founded
2020
Arize AI is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Arize AI