• The AI Track
  • Posts
  • AI Funding Data, News, and Tools. Edition #20

AI Funding Data, News, and Tools. Edition #20

$367M+ raised last week across 29 funding rounds.

May 14, 2023

“Artificial intelligence will reach human levels by around 2029. Follow that out further to, say, 2045, and we will have multiplied the intelligence – the human biological machine intelligence of our civilization – a billion-fold.”

– Ray Kurzweil, American inventor and futurist.

Welcome to Episode 20 of the AI Track – your destination for the latest news, tools, and funding data in AI and ML. 🥳

Let's get into it. The latest AI tools are right below the news 👇

  • Google Unveils New AI Suite Against Microsoft

  • Google Announces GPT-4 Rival, PaLM 2

  • Google's AI Tools Redefine Future of Search

  • GrammarlyGo: GPT AI-Powered Writing Assistant Launched

  • ChannelGPT Supercharges Channel Marketing with AI

  • Meta Adds AI Tools for Advertisers

  • TikTok Introduces AI-Powered Video Shopping Ads

  • MusicLM: AI Tool Transforms Text Into Music

  • Slack Adds Generative AI Features for Work Chats

  • ChatGPT Plugins, Web Browsing Beta for Plus Users

  • Gmail Launches AI-Powered Writing Assistance

  • Google's Bard AI Chatbot Launches Globally

  • Goldman Sachs Unveils AI-Powered Startup 'Louisa'

  • InnerAction Media Presents AI-Driven StoryMaker

  • IBM Launches AI-Based Business Data Platform

  • Google Debuts AI Supercomputer with Nvidia GPUs

  • Microsoft Enhances Bing Chat with New Features

  • OpenAI Introduces ChatGPT Plugins for Subscribers

  • Silicon Valley Turns to AI Amid Market Fears

  • Apple Might Revolutionize Future with AI AR Glasses

  • Experian Unveils Fintech Data Network for Fraud Prevention

  • Google's AI Image-Detection Tool Identifies AI-Generated Images

  • eBay Launches ChatGPT Plugin for Auto-Listing Generation

  • Google's AI Set to Transform Online Publishing

  • Meta Tests Generative AI Tools for Advertising

  • Google's MusicLM Has Potential Despite Initial Reception

  • BlockGPT Launches 'Chat to Earn' Ecosystem

  • H2O AI Unveils H2OGPT, LLM Studio for Chatbots

Don't forget to subscribe and check out the most recent tools.

They are listed below 👇

🧑‍💻 WHAT ARE YOU WORKING ON?

I'd love to hear about how you utilize AI in your business or projects! Please respond to this email or reach out through DM. It might be featured in this newsletter.

Home | AuxWorld: Dream a game

https://www.auxworld.app/

Rosebud - GPT-Powered Daily Journal

Rosebud is a GPT-3 powered journal that helps you reflect on your day and manifest the life you want, in just 5 minutes a day.

https://www.rosebudjournal.com/

Knowbo - Custom ChatGPT for Websites and Knowledge Bases

Create a custom ChatGPT Chatbot for your website. Let your users chat directly with your website. Your entire knowledge base in a single Chatbot!

https://knowbo.ai/

Free Online PDF Editor, Converter & Reader - LightPDF

LightPDF provides free cloud-based services to view, edit, convert, sign, annotate, merge, manage and share PDF easily and helps you solve all PDF problems.

https://lightpdf.com/

ReStage AI - Virtual Staging for Your Products.

Upload a picture of your project, discover 20+ unique design styles, and enjoy photorealistic renders in just seconds!

https://restageai.com/

Dream3D - AI-Powered 3D Design

Dream3D is an AI-powered 3D design tool

https://www.dream3d.com/

ChatGPT PROMPTs Splitter| AI Text Chunks for Safe Processing

Easily split long prompts into smaller chunks for safe processing with ChatGPT. The ideal tool for handling large text inputs with character limits.

https://promptsplitter.com/

Sophoz - A new way to get informed

Sophoz helps you understnad news easily. With Sophoz, you will catch the information and the arguments of the different sides on a topic.

https://sophoz.app/

Molin AI — Your partner in writing

Molin is an AI that writes unique and high quality content for you.

https://molin.ai/

Tavern of Azoth

https://tavernofazoth.com/

AI Art Generator - Create Stunning Art with AI

https://inventai.xyz/

Devi | Automated facebook groups monitoring and outreaching tool

Devi monitors keywords in Facebook groups, LinkedIn, Twitter and Reddit. Automated outreaching using ChatGPT and close 50% more deals with less effort.

https://ddevi.com/

Google’s Palm Two: Revolutionizing Industries with Advanced AI Capabilities

Google has once again demonstrated its prowess in the artificial intelligence (AI) domain with the introduction of Palm 2, a groundbreaking…

https://medium.com/@niamkabir0/googles-palm-two-revolutionizing-industries-with-advanced-ai-capabilities-20d26a816b5c

Earkind

Earkind

https://www.earkind.com/

Stability AI releases Stable Animation SDK, a powerful text-to-animation tool for developers — Stability AI

Stability AI has released Stable Animation SDK, a powerful tool that allows artists and developers to create stunning animations using advanced Stable Diffusion models. With the ability to create animations from prompts, source images, or source videos, users can fully utilize all the Stable Diffusi

https://stability.ai/blog/stable-animation-sdk

Google Unveils New AI Suite in Latest Salvo With Microsoft

https://www.pymnts.com/artificial-intelligence-2/2023/google-unveils-new-ai-suite-in-latest-salvo-with-microsoft/

The AI race heats up: Google announces PaLM 2, its answer to GPT-4

PaLM 2 can code, translate, and "reason" in ways that best GPT-4, says Google.

https://arstechnica.com/information-technology/2023/05/googles-top-ai-model-palm-2-hopes-to-upstage-gpt-4-in-generative-mastery/

Google’s new AI tools hint at where search is headed

The Bard chatbot was never meant to replace search, but a new generative AI experience just might.

https://medium.com/@les_larionne/googles-new-ai-tools-hint-at-where-search-is-headed-d97365a2d5b2

GrammarlyGO: Revolutionizing AI-Assisted Communication for Authenticity

  Introducing GrammarlyGo, an innovative GPT AI-powered writing assistant designed to rewrite the existing content and generate top-notch material from user prompts. This cutting-edge tool employs advanced algorithms to help users elevate their writing game and save time on content creation. Designed with versatility and ease of use, GrammarlyGo offers various prompts that enable users […]

https://techbullion.com/grammarlygo-revolutionizing-ai-assisted-communication-for-authenticity/

Channel Marketing Just Got Supercharged with Generative AI, and its New Engine is More Powerful Than Ever - Blog | StructuredWeb

With ChannelGPT, vendors can easily upload all their general marketing and product content, and the system learns and generates a diverse range of marketing assets that cater to their ecosystem. StructuredWeb ChannelGPT is a game-changing solution for vendors, distributors, and their channel partners looking to streamline their marketing process and generate high-quality, customized marketing assets quickly and easily.

https://blog.structuredweb.com/2023/05/12/channel-marketing-with-generative-ai-more-powerful-than-ever/

Meta Announces AI Sandbox and New Advantage+ Features For Advertisers

New generative AI tools Meta's Advantage ad platform allow advertisers to create alternative copies, background generation through text prompts and image cropping for ads on Facebook and Instagram, and more.

https://www.mediapost.com/publications/article/385340/

TikTok Launches AI-Powered Video Shopping Ads With Smartly.io

TikTok has introduced a new video shopping ads feature to its Marketing Partners Program, naming AI-powered automation platform Smartly.io its inaugural creative and campaign management partner.

https://www.mediapost.com/publications/article/385343/

Turn ideas into music with MusicLM

Starting today, you can sign up to try MusicLM, a new experimental AI tool that can turn your text descriptions into music.

https://blog.google/technology/ai/musiclm-google-ai-test-kitchen/

Slack will add new generative AI features designed to help users keep up with work chats

The Salesforce-owned platform’s tools include writing help and meeting notes.

https://medium.com/@les_larionne/slack-will-add-new-generative-ai-features-designed-to-help-users-keep-up-with-work-chats-f5aff3963e2c

ChatGPT Plugins And Web Browsing Beta Rollout For Plus Users

Uncover new possibilities with ChatGPT web browsing and plugins beta features. Available to ChatGPT Plus users who opt-in for experimental features.

https://www.searchenginejournal.com/chatgpt-plugins-web-browsing-beta/486785/

AI Powerd Gmail “Help Me Write”.

Google Announces a New AI-Powered Email Writing Assistance for Users.

https://medium.com/@mehediarif/ai-powerd-gmail-help-me-write-bb2c9fd18989

Google’s Bard AI Chatbot: Launches in 180 Countries | The Future Of Chatbots

Google developed the conversational generative AI chatbot Bard, which is based on the LaMDA family of massive language models. It is meant…

https://noob2k.medium.com/googles-bard-ai-chatbot-launches-in-180-countries-the-future-of-chatbots-425317ea9707

Goldman Sachs Introduces an AI-powered Social Media Startup 'Louisa'

The AI-powered platform was specifically tailored for the corporate world.

https://www.techtimes.com/articles/291497/20230513/goldman-sachs-introduces-ai-social-media-startup-louisa.htm

InnerAction Media Launches StoryMaker, Empowering Small Businesses with AI-Driven Marketing

"Discover StoryMaker - innovative AI-driven SaaS for small businesses to create their ultimate 30-second pitch and more."

https://smallbiztrends.com/2023/05/inneraction-media-launches-storymaker-empowering-small-businesses-with-ai-driven-marketing.html

IBM Introduces A New Business AI Data Platform

International Business Machines (IBM) launched on Tuesday an AI-based data platform Watsonx, to help enterprises adopt the technology in…

https://medium.com/@tycoonstoryreshma/ibm-introduces-a-new-business-ai-data-platform-1d4d8265f99d

Google Launches AI Supercomputer Powered by Nvidia H100 GPUs

Google's A3 supercomputer delivers up to 26 exaFlops of AI performance

https://www.tomshardware.com/news/google-a3-supercomputer-h100-googleio

Microsoft Adds New Features To Bing Chat Including Pictures With Answers And Optimized Knowledge Responses

Tech giant, Microsoft has announced a new array of features for its Bing Chat.

https://www.digitalinformationworld.com/2023/05/microsoft-adds-new-features-to-bing.html

OpenAI rolls out ChatGPT plugins for paid subscribers - SiliconANGLE

OpenAI rolls out ChatGPT plugins for paid subscribers - SiliconANGLE

https://siliconangle.com/2023/05/14/openai-rolls-chatgpt-plugins-paid-subscribers/

AI is Silicon Valley's desperate, last-ditch attempt to avoid a stock market wipeout

The rush to go all in on AI is the tech world's desperate, last-ditch attempt to avoid a stock market wipeout.

https://www.businessinsider.com/ai-technology-chatgpt-silicon-valley-save-business-stock-market-jobs-2023-5

Wearable World: Will Apple Usher In An AI Future With AR Glasses?

One day in the future the smartphone will be replaced. What could that look like? How could that happen? There is a future ahead of us that includes different access points other than our cell phones and that future will impact all of us and most of the business world as well.

https://www.forbes.com/sites/cathyhackl/2023/05/05/wearable-world-will-apple-usher-in-an-ai-future-with-ar-glasses/?sh=50220d514107

Experian Introduces New Fintech Data Network to Help Businesses Fight Fraud - Finovate

Experian Introduces New Fintech Data Network to Help Businesses Fight Fraud

https://finovate.com/experian-introduces-new-fintech-data-network-to-help-businesses-fight-fraud/

Google's AI image-detection tool feels like it could work | Digital Trends

Google's About this image feature will tell users if an image is AI-generated.

https://www.digitaltrends.com/computing/google-plans-to-launch-ai-image-detection-tool/

eBay to launch ChatGPT plug-in to create listings from a single photo - Internet Retailing

A picture paints a thousand words at eBay as it adds ChatGPT to auto-generate listing descriptions from a single photo

https://internetretailing.net/ebay-to-launch-chatgpt-plug-in-to-create-listings-from-a-single-photo/

The AI race heats up: Google announces PaLM 2, its answer to GPT-4

PaLM 2 can code, translate, and "reason" in ways that best GPT-4, says Google.

https://arstechnica.com/information-technology/2023/05/googles-top-ai-model-palm-2-hopes-to-upstage-gpt-4-in-generative-mastery/

Google Is About To Turn The Online Publishing Industry Upside Down

Google plans to change the way it presents search engine results by using artificial intelligence. And, at the risk of overstating the potential consequences, it will be like dropping a nuclear bomb on an online publishing industry that’s already struggling to survive.

https://www.forbes.com/sites/mattnovak/2023/05/11/google-is-about-to-drop-a-nuclear-bomb-on-the-online-publishing-industry/?sh=363eb0013faa

Meta bets its advertising scale can differentiate new generative AI tools

DTC cosmetics brand Jones Road Beauty is among the early testers of an AI Sandbox tool that will be made more widely available in July.

https://www.marketingdive.com/news/Meta-launches-AI-sandbox-tool-social-media-advertising/650117/

We've Heard the Future of Music. So Far, It Sounds Terrible

While the sound itself needs improving, Google’s recently released MusicLM has limitless potential

https://www.rollingstone.com/music/music-news/google-ai-music-demo-software-1234733540/

BlockGPT launches ‘chat to earn’ ecosystem for training AI

BlockGPT, a Web3 company aiming to combine AI technology similar to ChatGPT with blockchain technology, announced the launch of two tokens and a ‘chat to earn’ program.

https://cointelegraph.com/news/blockgpt-launches-chat-to-earn-ecosystem-for-training-ai

H2O AI launches H2OGPT and LLM Studio to help companies make their own chatbots

H2O AI today launched two open-source products: H2OGPT, an open-source generative AI product, and LLM Studio for fine-tuning models.

https://venturebeat.com/ai/h2o-ai-launches-h2ogpt-llm-studio/

$367M+ was raised last week across 29 funding rounds.

Everseen - Series A (€65M) | Everseen is a leading company in visual AI technology that shapes business processes.

EnerComp Solutions - Seed ($325K) | EnerComp Solutions is a startup specializing in drone manufacturing, services, and AI tech.

Freshsound - Seed (€2M) | Freshsound represents a new wave for professional storytellers and agencies, allowing them to license original music using AI and human creativity.

Orby AI - Seed ($4.5M) | Orby AI is an AI platform that aims to bring the auto-complete experience to everyday business users and automate all mundane tasks.

Lavita - Seed ($5M) | Lavita is a next-generation healthcare platform that leverages blockchain and AI technologies.

PostgresML - Seed ($4.7M) | PostgresML is an interactive application powered by AI.

Lucem Health - Series A ($7.7M) | Lucem Health has developed a remote diagnostics platform that combines remote patient telemetry and biosensing devices with AI algorithms.

Prewave - Series A (€18M) | Prewave is an AI risk and sustainability monitoring platform for purchasing, supply chain, and sustainability managers.

GPTZero - Seed ($3.5M) | GPTZero is a tool designed to detect AI-generated text, specifically text generated by ChatGPT.

Sustainable Skylines - Pre-Seed ($1M) | Sustainable Skylines is transforming aerial advertising with drone technologies and data analytics.

ecoRobotix - Series B (CHF46M) | ecoRobotix provides AI-powered plant-by-plant recognition and ultra-high precision crop treatment.

Audioshake - Seed ($2.7M) | Audioshake uses AI to separate music and speech, making audio more interactive and accessible.

Aiosyn - Grant (€1.3M) | Aiosyn works on artificial intelligence algorithms in the field of pathology, creating medical software in a SaaS model.

BettrAds - Seed (Undisclosed) | BettrAds is an ads data management optimization and performance platform.

ChipIntelli - Series B (Undisclosed) | ChipIntelli is a technology company that focuses on artificial intelligence voice chips and provides supporting application solutions.

Tiamat - Series A (Undisclosed) | Tiamat is a platform for generative artificial intelligence development and operators.

BurnerPage - Pre-Seed ($2M) | BurnerPage is an AI and machine learning platform that automatically optimizes web page conversion performance.

MetaParallel - Seed ($450K) | MetaParallel is a women-led tech company that applies state-of-the-art technologies to create innovations for a sustainable new era, empowering individuals and businesses to thrive.

Ziovision - Series A (₩1B) | Ziovision is a data analysis firm that uses artificial intelligence.

Adarga - Series A (£17.4M) | Adarga's powerful AI platform quickly analyzes vast volumes of unstructured data, unlocking actionable and insightful intelligence.

Olyns - Seed ($4M) | Olyns is a company that uses AI-powered technology to improve recycling methods and efficiency.

Northwell - Seed ($12M) | Northwell has launched an AI company focusing on ocular health.

Ascend - Seed ($25M) | Ascend is a funding platform for pre-seed AI startups in the Pacific Northwest.

UVeye - Series D ($100M) | UVeye develops high-end, AI-based vehicle inspection systems.

OpenLayer - Seed ($4.8M) | OpenLayer is an analysis platform that "opens up" machine learning models.

Teaser - Seed (Undisclosed) | Teaser is a new AI-driven dating app under development by the makers of Dispo.

SpendKey - Pre-Seed ($358K) | SpendKey is a spend intelligence platform that aims to optimize company spending.

Micron Biomedical - Series A ($17M) | Micron Biomedical is an innovative healthcare company focusing on needle-free drugs and vaccines.

Chrysalabs - Series A (CAD 15M) | Chrysalabs is a tech company using AI to analyze soil health for precision agriculture.

ThreatFabric - Seed ($12.5M) | ThreatFabric is an AI company that focuses on providing fraud detection solutions.

For reading episode 20 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!