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Onyx, an AI startup, successfully raised $10 million in seed funding, surpassing its initial goal of $3 million. The funding round was co-led by Khosla Ventures and First Round Capital, with participation from Y Combinator and notable angel investors. Onyx offers an open-source AI agent designed to streamline the search process across various company tools and documents.
The AI assistant developed by Onyx connects to platforms like Google Drive, Slack, and Salesforce, allowing users to query information efficiently. This innovative approach not only enhances productivity but also provides detailed analyses of company data, setting Onyx apart from competitors. The startup's focus on reducing hallucination rates and offering customizable solutions positions it as a leader in the evolving AI landscape.
• Onyx raised $10 million to enhance its AI document search capabilities.
• The startup's open-source model allows customization and community support.
Open-source AI allows enterprises to customize their AI agents and choose preferred LLM providers.
Agent-based search enables deep research across internal documents, enhancing information retrieval.
LLM-based knowledge graphs improve the accuracy of AI responses by organizing relevant data.
Onyx provides an AI assistant that connects to various company tools for efficient document searching.
Glean is a closed-source competitor offering AI-powered workplace search functions.
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