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  • AI Funding Data, News, and Tools. Edition #12

AI Funding Data, News, and Tools. Edition #12

$530M+ raised last week across 31 funding rounds.

β€œThe playing field is poised to become a lot more competitive, and businesses that don’t deploy AI and data to help them innovate in everything they do will be at a disadvantage.”

- Paul Daugherty, chief technology and innovation officer, Accenture

Welcome to Episode 12 of the AI Track – your destination for the latest news, tools, and funding data in AI and ML. πŸ₯³

UK plans Β£900M investment in a supercomputer for 'BritGPT' project.

Treasury aims to compete with China in AI development.

Rogue ChatGPT predicts stock market crash, causing concern.

Meta says its single largest investment is now in β€˜advancing AI’.

OpenAI co-founder suggests ChatGPT for Game of Thrones fanfic.

Mom finds ChatGPT's family trip planning lacking child-focused context.

Discord brings Clyde to life with ChatGPT AI for millions of servers.

Apple investigates generative AI as Siri becomes old news.

Microsoft to introduce 3D avatars in Teams calls.

Twitch streamer returns after deep fake scandal, vows to help victims.

OpenAI's GPT-4 impresses with exceptional test and exam performance.

GPT-4's inner workings remain secret as OpenAI stays tight-lipped.

Businesses require job candidates to know ChatGPT usage.

Google Cloud Blog explores machine learning for weather prediction.

Google leads in enterprise conversational AI platforms.

Generative AI support expands in Google Cloud's offerings.

You can now β€˜enhance’ your LinkedIn Profile with AI-written 'suggestions'.

πŸ‘‰ Great overview of the GPT-4 Launch.

The following blog article highlights the best of the GPT-4 paper: significant improvements in code generation, standardized test performance, and reasoning from imagery. The language model can generate code in less than 60 seconds and outperforms GPT-3. However, it still performs poorly at the Leetcode tests. It will definitely empower even more people who do not have a lot of programming skills.

Anita shared that GPT-4 can turn a napkin sketch into a website, code a Discord bot, and make drug discovery. You can try GPT-4 with ChatGPT Plus or the BeMyEyes app. API access is on the waiting list or through Evals. Pricing ranges from $0.03 to $0.12 per 1k tokens. GPT-4's model size and technical details are not disclosed due to competition. However, it still has limitations like unreliability, lack of knowledge after September 2021, and unmitigated "jailbreak" options.

Here is another one:

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$530M+ was raised last week across 31 funding rounds.

πŸ‘‰ Immersive Fox - Seed | creates AI-generated microlearning videos from any text for learning management systems (LMS) and corporate communication.

πŸ‘‰ Humane - Series C ($100M) | platform that creates and sells consumer hardware, software, and services.

πŸ‘‰ Mythic - ($13M) | improved energy-efficient AI processor.

πŸ‘‰ FrontM - ($1.5M) | Simplifies communication and drives increased collaboration between ship and shore operations.

πŸ‘‰ Burger Index - ($1.3M) | provides data analytics for restaurants, cloud kitchens, food brands, and distributors.

πŸ‘‰ Vitraya - ($4.1M) | AI and blockchain technologies for healthcare insurance.

πŸ‘‰ Monnai - ($6.5M) | promotes AI-driven decisioning to FinTechs.

πŸ‘‰ Aiberry - ($8M) | accelerates AI-powered mental health screenings.

πŸ‘‰ Whale Seeker | creates customized AI whale detection solutions.

πŸ‘‰ QuantHub - Seed ($1.3M) | assesses and upskills the data skills of employees to help companies do better with data.

πŸ‘‰ Aicatech AI - Seed (CHF$1.2M) | dedicated to use Artificial Intelligence to simplify the programming of robots.

πŸ‘‰ Psykhe AI | personalization platform for ecommerce that uses ML and psychology for AI-merchandising.

πŸ‘‰ Otherside AI - Seed ($2.8M) | provider of an AI-driven software which turns summaries and shorthand notes into written emails.

πŸ‘‰ Lasso - Pre-Seed ($500k) | offers robotic process automation for chrome using ChatGPT and computer vision.

πŸ‘‰ Wand App - Seed | co-creative, AI-driven tool that allows artists the manual control and customization they need to realise their ideas.

πŸ‘‰ 506 - Angel (€1.2M) | Marketing Data Science & AI- Based Cloud Customer Intelligence Platform.

πŸ‘‰ Iktos - Series A (€15.5M) | deep learning technology platform focused on new drug design and discovery.

πŸ‘‰ bliro - Pre-Seed | AI assistant writes notes for all of your conversations and documents them in different tools.

πŸ‘‰ Impact Vitals - Debt ($1.6M) | developer of medical technologies used to provide insight for caregivers and better outcomes for patients.

πŸ‘‰ Vivid Machines - Seed ($346k) | revolutionizes agricultural production to help fruit and vegetable farmers produce more food.

πŸ‘‰ Generative Labs - Pre-Seed ($3.5M) | Regenerating society with AI.

πŸ‘‰ Oculai (€2.5M) | brings AI-based processes to the built environment.

πŸ‘‰ Collective Crunch (€1.4M) | enables sustainable forestry at scale.

πŸ‘‰ aimpower - Series A (€6.5M) | empowers brands to leverage the power of AI and automation to become better, faster and stronger.

πŸ‘‰ Tryp.com - Seed (€500k) | AI platform that enables multi-destination travel.

πŸ‘‰ Lanzhou Technology - Series A | cognitive intelligence company that provides business insights products.

πŸ‘‰ Legislate ($3.6M) | simplifies contract creation.

πŸ‘‰ DeepVerse - Seed (CNΒ₯10M) | helps clients transform material design with advanced machine learning algorithms.

πŸ‘‰ SwapTok - Pre-Seed | Web3 based social trading platform.

πŸ‘‰ Adept AI - Series B ($350M) | aims to create general artificial intelligence.

πŸ‘‰ Poppy AI - Seed | creates pet emojis and makes the super cute.

For reading episode 12 of the AI Track. Please reply to this email or contact me on social media if you have any thoughts or suggestions for future editions. Remember to share and subscribe.

See you next week, and let's keep researching!