Named entity recognition, or NER, finds mentions of specific entities in text and assigns them to categories such as people, organizations, locations, products, dates, or monetary values. It turns unstructured language into structured information that can support search, document analysis, customer service, compliance, and knowledge graphs. Systems may use rules, statistical models, neural networks, or language models. The task becomes difficult when names are ambiguous, new entities appear, categories overlap, or a domain uses specialized terminology. Reliable NER requires representative examples, clear label definitions, multilingual testing where relevant, and evaluation of both whether an entity was found and whether its boundaries and category were correct.
Voice AI startup Wispr has secured another $25M in funding as its Flow dictation app surges in enterprise adoption and user retention, bringing total capital raised to $81M.
xAI has launched Grok 4.1, a major model upgrade designed to deliver more creative, emotionally aware, and coherent interactions, with new Thinking and Non-Thinking variants now live across all xAI platforms.
British-Polish startup ElevenLabs found one of its top AI researchers working in a call center – a result of its decision to abandon traditional hiring platforms like LinkedIn.
Nvidia CEO Jensen Huang clarified remarks suggesting China would win the AI race, saying the U.S. can stay ahead by innovating faster and empowering global developers.
Pinterest is turning to open source AI models to cut expenses and enhance its visual search and shopping tools, even as the company forecasts softer holiday revenue. CEO Bill Ready says the approach will support performance while keeping infrastructure costs in check.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, positioning it as one of the most anticipated tech listings in history.
Ark Invest CEO Cathie Wood says humanoid robots could become the most transformative opportunity in artificial intelligence, eclipsing sectors like autonomous transport and healthcare.
Elon Musk has unveiled Grokipedia – an AI-driven encyclopedia built on Grok that aims to offer factual, bias-free knowledge as an alternative to Wikipedia.
A study by the University of Maryland and Microsoft found that Polish outperforms English and other major languages in long-context AI prompts, surprising researchers.
Neobank Revolut has acquired Berlin-based AI travel agent start-up Swifty, integrating its conversational booking technology into Revolut’s loyalty and lifestyle platform for over 65 million users.