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AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A

Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment which offers an AI assistant called ‘Augie’ that can take over tedious and repetitive work performed by freight shippers, carriers and brokers. On Thursday, Augment announced that it raised an $85 million Series A le

Beyond Retrieval: The Expanding Universe of Augmented Generation in AI

Introduction Standard large language models (LLMs) possess vast knowledge but struggle with limitations like hallucinations and accessing real-time information due to their static training data. This has spurred the development of dynamic AI architectures. Retrieval-Augmented Generation (RAG) has emerged as a key solution, integrating external knowledge into the generation process. However, the field is rapidly evolving beyond basic RAG. Newer models like RASG (Retrieval-Augmented Self-Generate