Google Twitter executive investment, what are the charms of the generative AI Assistant developer Alltius?
AIOS era, natural language interaction will become the main form of human-computer interaction, and intelligent assistants as the mainstream natural language input gateways, are expected to become important traffic channels for connectivity between humans and everything. The scene, ecological resonance, and the types and quantity of intelligent terminals are expected to achieve explosive development. Compared with traditional search engines, AI assistants pay more attention to personalized needs and precision recommendations. Their application areas include but are not limited to voice assistants, smart home assistants, work assistants, etc.
This year marks a turning point, where digital natives surpass the omnichannel experience, and now it is expected that an increasing number of AI virtual assistants will provide new levels of personalization in the all-digital world. Gartner predicts that by the end of 2024, consumers and businesses will spend $500 million on virtual personal assistants.
Alltius is a US-based generative AI assistant development vendor. As a no-code help SaaS tool, it can provide customized solutions in various industries such as finance, insurance, education, and human resources, and is the guiding assistant for every team. It is building the future supported by AI-driven conversation platforms for SaaS product support.
I. Opportunities and Risks of AI Agents in the Information Age
On March 24, 2023, Open Al launched the Plugin, which has the capability of Al assistants:
1. ChatGPT Plugin can update real-time information in a timely manner, and has the timely function of a "search engine";
2. ChatGPT Plugin has a sense of service and helps customers with all aspects of life such as "clothing, food, housing, and transportation", such as online shopping, hotel reservations, and restaurants;
3. In the office field, it plays a role more like an "assistant", such as helping customers with programming and visual data analysis: on the official website, ChatGPT demo helps customers recommend restaurants, recommend ingredients and successfully generates orders. The Plugin is extremely convenient to call, and users can link other program functions through natural language. The "operating system" of the Al era is beginning to take shape.
Floworks co-founder Sudipta Biswas mentioned AI assistants: "AI assistants can interact with different software products that knowledge workers use in their daily lives, such as Gmail, Google Calendar, or Salesforce. Users can simply use natural language to guide these products to complete tasks. The most important thing is to use AI assistants to enhance the employee experience, not to replace them."
AI assistants can help them quickly obtain the required information, optimize personal and workflow, and provide personalized recommendations and suggestions. However, AI assistants may also invade personal privacy, and excessive reliance on AI assistants may weaken human autonomy and judgment. Moreover, the performance and accuracy of the models depend on the training and learning data. If the training data is limited or inaccurate, generation-based AI assistants may not be able to generate accurate and useful answers. Furthermore, these models need to access user data and information to generate responses. If the data is improperly protected or abused, it may pose privacy and security risks. As AI assistants develop, these issues should be addressed.
II. What are the secrets of generation-based AI agents?
With the significant development of AIGC-related technologies, a company called Alltius actively explores and researches, attempting to solve the accuracy and security issues of these AI assistants. Recently, it has emerged and announced the completion of a $2.4 million pre-seed round of financing. Alltius is a company focused on the development of generation-based AI assistants. It was established in 2022 and has attracted attention with its secure, accurate, and reliable functionality. Its core platform, called KNO, provides a secure, accurate, and reliable way to leverage the capabilities of generation-based AI, thereby adding conversational features to products. By using Alltius' platform, users can easily create accurate and powerful AI agent programs to provide excellent support and services to enterprise customers and employees.
Alltius' team is dedicated to the research and development of generation AI and language learning models (LLM), aiming to maximize the potential of AI technology and provide powerful assistants to businesses. Currently, Alltius is widely used in the market as a no-code help SaaS tool, providing unparalleled "AI superpower" support to customers and employees.
This round of financing is led by 100X Entrepreneur, Blume Ventures, and Stellaris Venture Partners, with participation from Z5 Capital, GEMBA Capital, as well as angel investors such as Ashish Gupta, Amit Gupta, Binny Bansal, and Deepak Garg. It is reported that the funds raised in this round will be used by Alltius to promote its research and development work, expand its engineering team, and enhance the capabilities of GenAI Assistant. In addition, it will also drive Alltius' market expansion and facilitate strategic partnerships with leading companies. Potential reasons for investment include the recognition of the potential value of Alltius' technology and products, as well as interest in the rapidly growing market in this field.
III. Launch of Solutions for Multiple Industries: KNO has broad application scenarios and unlimited potential
The Alltius team applies KNO as a virtual intelligent team assistant in multiple industries, with mainstream solutions targeting the finance, insurance, education, and functional departments of these four popular industries.
1. Insurance Industry: Sales Partner for Agents
1) Personalized insurance plan formulation
With a vast insurance market and customer base, KNO helps customers find and select different types of insurance plans and serves as an internal reference tool for planning.
2) Recommendation engine for insurance agent referrals
The sales department of the insurance industry can utilize the KNO platform to build exclusive agent recommendation and comprehensive referral engines. Currently, the KNO platform can extract thousands of PDF files (containing hundreds of pages of insurance plans and comparative clauses) within a few minutes. Through continuous machine learning and training, KNO can immediately generate intelligent FAQs for potential customers.
3) Optimization of plans and improvement in accuracy
The insurance industry and the Alltius team are working together to train tools and platforms to improve their accuracy in explaining more complex issues such as comparisons and analysis between two insurance policies.
2. Finance Industry: Dedicated Assistant for Large-scale Ticket Transactions
1) Query Answer Database for Financial Transactions
The largest stock trading platform on the market handles monthly ticket transaction volumes in the six-figure range, and KNO needs to answer such a massive volume of customer queries. The majority of the queries are related to product features, trading terminology, and transaction inquiries on the platform, such as reasons for order rejections, fee explanations, and margin verifications.
The finance industry department currently guides KNO to start testing within a few hours through thousands of webpages in the product knowledge center, blogs, and learning portals. Within a few days, dozens of members have passed the tests and simulated over 1000 questions based on real-life scenarios, all resulting in high-quality answers.
2) Ticket Monitoring System Assistant
With the training and testing of KNO, there will be further pilot connections between KNO and real-time sources to monitor real-time stock prices and end-user transactions. Through API calls, KNO will next focus on answering questions related to financial dynamic sources, enhancing its professional perspective.
3. Education Industry: Assistant for Student Community
1) Learning Chatbot
The purpose is to assist students in completing courses and resolve queries before escalating to the help center. However, the chatbot heavily relies on keywords and misses out on answering many basic questions. The impact on the student experience is minimal.
2) Course Management Assistant
The Alltius team is conducting beta testing using the KNO platform, which serves as a learning platform for publishing course materials, student handbooks, policy documents, course pricing, and other content.
Alltius and the customer team continuously fine-tune the accuracy and understanding of the model around indicators such as answer quality, user engagement, and resolution rate, dedicated to providing professional management solutions for the education industry.
4. Human Resources Industry: Competent Headhunter Assistant
1) Full process tracking of the recruitment process
KNO, as an all-in-one tool, functions to publish job vacancies, track and manage applicants, and create custom report analysis.
2) Website Dialogue AI Assistant
KNO, as a javascript widget inserted into its clients' career websites, allows users to interact with the widget by clicking on it.
The widget offers the following features:
Job search and application
Answering questions about company, culture, interviews, and other frequently asked questions
Scheduling recruitment meetings
Updating job application processes
Four. The Rise of Generative AI Assistant in the Market
The generative AI assistant has a broad development prospect and potential market demand. With the rise of personalized service and customer support needs, the generative AI assistant has become an ideal choice for providing powerful tools and solutions. However, the generative AI assistant still faces some challenges, such as data collection and privacy protection. Nevertheless, in the business field, generative artificial intelligence has demonstrated great potential. Generative AI can build virtual assistants to help solve problems and provide services, playing an important role in content creation, prototype manufacturing, data augmentation, and artistic creation, while improving the efficiency and quality of user creation. It can quickly generate product prototypes and improve product design, enhance the accuracy and generalization ability of models through data augmentation, and provide creative inspiration and support for creation. With the continuous advancement of technology and the increasing acceptance by users, generative AI assistants are expected to achieve greater success in the future.
References
1. Alltius Inc. - Crunchbase Company Profile & Funding:
https://www.crunchbase.com/organization/alltius-inc
2. Alltius | LinkedIn:
https://www.linkedin.com/company/alltius
3. Alltius Blog | Alltius and its genesis:
https://www.alltius.ai/post/alltius-and-its-genesis
4. Generative AI Assistant Developer [Alltius] Completes $2.4 Million Pre-Seed Round:
https://www.iimedia.cn/c1064/93868.html
Copyright statement: If you need to reprint, please add the WeChat assistant for communication. Unauthorized reprinting and plagiarism will be subject to legal liability by our party.
Disclaimer: The market is risky, and investment needs to be cautious. Readers should strictly comply with local laws and regulations when considering any opinions, views, or conclusions in this article. The above content does not constitute any investment advice.
