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- AI Funding Data, News, and Tools. Edition #22
AI Funding Data, News, and Tools. Edition #22
$1,096,000,000+ raised last week across 24 funding rounds.
“If we do it right, we might be able to evolve a form of work that taps into our uniquely human capabilities and restores our humanity. The ultimate paradox is that this technology may become a powerful catalyst that we need to reclaim our humanity.”
Welcome to Episode 22 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 👇
Nvidia launches GH200 Superchip for generative AI.
Baidu develops Ernie 3.5 AI language model.
TikTok tests AI-powered chatbot named Tako.
Dentsu launches Web3 readiness tool.
Truecaller Assistant AI debuts in Australia.
Nvidia AI integrates with Microsoft Azure.
Google increases generative AI for creating adverts.
Virtuzone introduces AI-powered TaxGPT in UAE.
Ryff presents Spheera AI for virtual product placement.
Opera reveals integrated browser AI, Aria.
Adobe forbids AI-generated nudity in Photoshop.
Alteryx employs generative AI for advanced analytics.
Spotify expands AI-Powered DJ into European markets.
Solana Labs integrates ChatGPT Plugin with Layer 1 Blockchain.
Microsoft unveils new Power Platform AI features.
Entropik introduces ChatGPT-3-Powered research platform Decode.
Adobe integrates AI image generator into Photoshop.
CAVForth launches first autonomous bus service.
Nokia expands SaaS suite with AI for operators.
OpenAI GPT-5 release set for 2023.
Amouranth creates AI chatbot for virtual dates.
Snapchat debuts its own AI Chatbot.
ChatGPT integrates into logistics for improved services.
Creality launches AI-assisted 3D Printer K1 Max.
Unicorn releases AI-enabled Flex Robot.
DragGAN AI editing tool reshapes images.
Dermalogica uses ChatGpt for education and upskilling.
Optus introduces AI-powered voice function.
Apple begins hiring for Generative AI roles.
Temenos unveils AI Enhanced Digital Mortgages.
Google Labs offers early-stage features for business innovation.
NYC public schools reverse ChatGPT ban, embracing AI.
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$1,096,000,000+ was raised last week across 24 funding rounds.
Tools for Humanity - Series C ($115,000,000) | The developer behind Worldcoin, Tools for Humanity, raised funding to expand its R&D and global reach. The round was led by Blockchain Capital, with participation from a16z, Bain Capital Crypto, and Distributed Global. Funds will be used to develop World App, a digital wallet for Worldcoin tokens.Axelera AI - Series A ($50,000,000) | Netherlands-based AI firm Axelera AI offers edge computing solutions, intending to use its funding for global expansion and mass production of its technology.Anthropic - Series C ($450,000,000) | AI startup Anthropic, co-founded by OpenAI veterans, raised a large round to enhance its AI technology for text processing and conversation, supported by tech giants like Google and Salesforce.Figure - Series A ($70,000,000) | California-based AI robotics company, Figure, plans to use its funding to accelerate the development and commercialization of its humanoid robots.OpenAI - Startup Investment Fund ($175,000,000) | AI leader OpenAI raised a fund to back AI-focused startups, supported by major backers like Microsoft.Moonfire Ventures - Fund II ($115,000,000) | London-based VC firm, Moonfire Ventures, leverages machine learning and AI technologies to support early-stage European startups.Gan.ai - Seed ($5,250,000) | Gan.ai enables brands to create personalized versions of a single video recording, altering voice and lip-sync variables.Ariadne - Series A ($7,000,000) | Ariadne is a high-tech company offering people counting and customer flow analytics with its patented cutting-edge AI technology.Sophon Engine - Angel ($1,418,198) | Sophon Engine is a developer and researcher of multi-modal large-scale models.Blue Radix - Series A | Blue Radix specializes in autonomous growth, developing AI for daily decisions and actions in greenhouses.Causely - Seed | Causely is an AI platform that eliminates human troubleshooting for more resilient cloud application management.Riverdata - Pre-Seed | Riverdata is the ultimate platform for decision intelligence.MamZero AI - Seed ($35,000) | MamZero AI offers AI-based KYC/KYB as a Service, designed specifically for the MENA region.Axelera AI - Series A ($23,000,000) | Axelera AI is an AI chip manufacturer, creating AI hardware and software platforms for edge computing.HaiVE - Pre-Seed ($1,000,000) | HaiVE is an AI as a service platform optimizing customer experiences for business teams in pre-sales and product/service support.HPC-AI Technology - Series A | HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds.Boundary Intelligent Control - Seed | Boundary Intelligent specializes in creating airborne systems, such as flight control systems, for civil aircraft needs.Wysa - Grant ($100,000) | Wysa is a mental health wellness platform aiding individuals in managing mental and emotional stress.Servicely - Series A ($1,994,626) | Servicely is an AI-powered service management platform designed to automate workflows.AI Product Plaza - Pre-Seed ($3,000) | AI Product Plaza is an innovative online marketplace focusing solely on AI products.International Internet Security - Pre-Seed | International Internet Security is committed to innovation, providing scalability and cost-effectiveness to elevate enterprise data protection and privacy.Safely You - Debt Financing ($30,000,000) | SafelyYou provides AI-enabled fall detection and prevention for dementia care.Vottun - Seed ($214,534) | Vottun is a platform that certifies and tracks data for optimizing business processes using blockchain and DLT technology.Shopstory - Seed ($1,072,671) | Shopstory is a SaaS that helps eCommerce companies grow automatically with the aid of AI and by creating an immense data hub.CONVOCHAT - Pre-Seed | Convochat is an AI social networking platform that brings people together to create and search the world.Spellbook - Series A ($10,900,000) | Spellbook is a legal software startup that developed the first generative AI contract drafting tool.GITAI - Series B ($28,873,917) | GITAI is a robotics startup that develops remote-controlled robots to replace astronaut's operations in commercial space stations.Sixfold AI - Seed ($6,500,000) | Sixfold AI is a generative AI developed and educated to handle the most difficult problems in the insurance industry.Ello - Grant ($300,000) | Ello is the world’s first AI reading coach that works with real books.x-cardiac - Seed | x-cardiac has developed AI-based systems to prevent life-threatening complications after heart surgery.Genetica - Seed ($500,000) | Genetica provides exact product suggestions, ensuring that clients receive the best product for their needs and biochemistry.Oasis Business - Series A ($3,797,171) | Oasis Business is an information services company that provides AI solutions to the finance, construction, and distribution industries.Prim6 - Seed ($250,000) | Prim6 specializes in multi-functional technologies.
For reading episode 22 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!