The 5th annual AI Innovation Awards nominees have been announced by VentureBeat and will be presented during the VB Transform event on July 12 in San Francisco. The awards will recognize enterprise, innovative, visionary, and inclusivity initiatives in the realm of generative AI. Nominees were selected based on daily editorial coverage and the expertise of the nominating committee, which includes industry leaders from companies such as Databricks, Autodesk, and Capital One.

Several startups and individuals are being recognized for their contributions to the field of generative AI, including Anthropic, Adobe, Walmart, Salesforce, MosaicML, Typeface, and Timnit Gebru. Additionally, Google, Facebook, and Meta AI have released open-source updates for TensorFlow, PyTorch, and LLaMA to expand their ecosystems for machine learning and deep learning research.