Reka

Reka

Develops deep learning models and AI solutions

About Reka

Simplify's Rating
Why Reka is rated
C-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D- on Rating Differentiation

Industries

Cybersecurity

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$56.4M

Headquarters

Sunnyvale, California

Founded

2022

Overview

Reka.ai focuses on developing advanced artificial intelligence solutions using deep learning and data synthesis. The company utilizes large deep learning models to create AI products that can be applied across various industries, including tech, finance, healthcare, and logistics. Their process involves the entire development cycle, from preparing datasets and designing model architectures to implementing and evaluating solutions. Reka.ai differentiates itself from competitors by having a team of researchers and former DeepMind employees, which enhances their credibility and expertise in AI research. The goal of Reka.ai is to make the benefits of deep learning accessible to businesses and organizations worldwide, providing them with tailored AI solutions that meet their specific needs.

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Simplify's Take

What believers are saying

  • Reka Core competes with leading models like GPT-4V and Claude-3 Opus.
  • Partnership with Snowflake enhances AI capabilities in data-driven decision-making.
  • Reka.ai's rapid model development showcases advanced capabilities in AI optimization.

What critics are saying

  • Over-reliance on Snowflake partnership could pose financial risks.
  • Breakdown of acquisition talks with Snowflake may affect market perception.
  • Competition from established AI companies could limit market share growth.

What makes Reka unique

  • Reka.ai's team includes former DeepMind employees, enhancing its credibility in AI research.
  • The company focuses on multimodal AI models, processing text, images, and videos.
  • Reka.ai offers Vibe-Eval, a comprehensive suite for evaluating multimodal language models.

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Funding

Total Funding

$56.4M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$58M
Reka
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

12%

1 year growth

7%

2 year growth

46%
Reka
Dec 9th, 2024
Collaboration: Space makes collaboration possible. You can design together or share existing space with your friends and colleagues.

Reka AI, Inc is excited to introduce Space, a new interface that redefines how users interact with its multimodal models.

Bloomberg
May 22nd, 2024
Snowflake Talks to Acquire Reka AI Fizzles With No Deal

Snowflake Inc.'s talks to acquire startup Reka AI for more than $1 billion have broken down, dashing an effort by the software company to bring more generative AI muscle in-house.

MarkTechPost
May 3rd, 2024
This AI Paper by Reka AI Introduces Vibe-Eval: A Comprehensive Suite for Evaluating AI Multimodal Models

Researchers from Reka Technologies have introduced Vibe-Eval, an advanced benchmark for evaluating multimodal language models.

Decrypt
Apr 29th, 2024
New Ai Model Reka Rises To Challenge Chatgpt, Claude And Llama-3—And It'S Free

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEA startup focused on building custom AI models for big businesses has announced the public launch of Reka Core, a multimodal language model capable of processing text, image, video, and audio inputs.Enterprise software firm Reka AI was founded in 2022 by researchers from Google’s DeepMind, Chinese tech giant Baidu, and Meta. It's already raised $60 million in funding from investors including New York Life Ventures, Radical Ventures, Snowflake Ventures, DST Global, and investor entrepreneur Nat Friedman.Reka Core is the company's largest and most capable model to date. And Reka AI—referencing its own tests—says it stands up well against many much larger, well-funded models. In a research paper aggregating the results of several synthetic benchmarks, Reka claims its Core model can compete with AI tools from OpenAI, Anthropic, and Google.One of the key metrics is the MMMU, the Massive Multi-discipline Multimodal Understanding and Reasoning benchmark. It's a dataset designed to test the capabilities of large language models (LLMs) in multimodal understanding and reasoning at a level comparable to human experts.ADAD"Core is comparable to GPT-4V on MMMU, outperforms Claude-3 Opus on our multimodal human evaluation conducted by an independent third party, and surpasses Gemini Ultra on video tasks," Reka AI said in its research paper

The Bridge
Apr 22nd, 2024
テック大手出身研究者ら創業のReka、マルチモーダルAi「Reka Core」をローンチ——訓練1年未満で主要Llmの性能に匹敵

Image credit: Reka. サンフランシスコを拠点とし、DeepMind、Google、Meta の研究者らによって設立された AI スタートアップ Reka は、新しいマルチモーダル言語モデル「Reka Core」を発表した。同社の「最大かつ最も有能なモデル」と銘打たれており、数千の GPU を使用してゼロからトレーニングされている。. API、オンプレミス、またはオンデバイスのデプロイメントオプションを通じて今日利用可能な Core は、Reka の言語モデルファミリーの3番目のメンバーであり、画像、音声、動画を含む複数のモダリティを理解する能力を提供する。最も重要なことは、訓練されたのは1年未満なのにもかかわらず、OpenAI、Google、Anthropic など、AI 分野の主要な、資金力のあるプレイヤーのトップモデルの性能に匹敵するか、それを上回ることだ。

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