Instabase Unveils Generative AI Platform for Content Understanding

Instabase has launched AI Hub, a content understanding platform that uses generative AI to provide users from diverse backgrounds access to AI-driven insights. AI Hub includes Converse, an app that enables interactive conversations and summarising of information from various types of content including documents, spreadsheets and images. Other offerings include AI Hub Build, a tool designed to create repeatable workflows for documents of similar nature, and AI Hub Apps, featuring an app store with pre-built applications, such as passport and driver’s license verification. Users can access these apps to simplify their document-related tasks, with the potential to reduce the time required to complete automated solutions. Alongside the platform launch, Instabase raised $45m in a series C funding round.