Shiva V.’s Post

French AI startup H raises $220M seed round „H is going to work on AI agents: automated systems that can perform tasks that are traditionally performed by human workers. The company’s minimalistic site states that H is working on “frontier action models to boost the productivity of workers.” Why so much money as seed capital? It‘s the founders heritage and, of course, the topic #ai itself. So, everyone who invest in this madness seems to be a „fool“. Probably, everyone who does not invest in this madness may comes out as an even bigger „fool“. Crazy thoughts…. https://lnkd.in/ejtFnjvc

Scale AI raised $1 billion in a round led by Accel that values the data labeling and evaluation startup at a stunning $13.8 billion. The valuation is nearly double the $7.3 billion the San Francisco-based startup hit after a $325 million raise in April 2021. The new financing included some of the biggest names in tech, with Nvidia, Meta and Amazon all investing. Others existing investors participating in the round included Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, Tiger Global, Greenoaks Capital and Wellington Management, as well as new investors Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM Investment Management and Elad Gil. The new Scale AI round is the second $1 billion raise for a U.S.-based AI startup this month, after CoreWeave raised a whopping $1.1 billion in a fresh funding round led by Coatue in a deal valuing the company at $19 billion, per The Wall Street Journal. Scale AI plays a key role in creating large language models, accurately labeling text, images, video and voice data. The startup also creates and fine-tunes data sets. https://lnkd.in/erM-d5U5

Tech investors give their top predictions for 2024 – GeekWire: Seattle tech investors predict a surge in AI-related innovation in 2024, with Madin Akpo-Esambe anticipating a wave of startup acquisitions and the emergence of AI-driven unicorns. Sheila Gulati talks about the rise of specialized AI models, while Greg Gottesman foresees machines writing over half of new global code by the year's end. Maria Gilfoyle expects a shift towards AI tools integrated into users' workflow and a move away from text/chat-based interfaces. Kellan Carter predicts continued rapid innovation in large platforms, potentially drawing attention from regulators. - Artificial Intelligence topics! #ai #artificialintelligence #intelligenzaartificiale

What is Sakana.ai? New Startup Sakana AI Wants To Build 🍃 Nature-Inspired Artificial Intelligence It's not all about commercializing LLMS and trying to profit from the hype. Two Tech Luminaries Quit Their Jobs to Build AI Inspired by Fish and Bees As many of the top companies in the field seek to outdo each other by building ever-larger AI systems, Sakana, which takes its name from the Japanese word for fish, thinks it may be able to do more with less data. 

"It doesn't appear that there will be a slowdown in investment in AI anytime soon." - says Business Insider As we turn the corner in 2024, Business Insider predicts that we can expect to see VCs making major investments in AI startups. There's many predictions circulating of what will come of AI in the year ahead, so hear directly from investors what to expect in this article. #AI #startup #investing #VC #entrepreneur #business

Thank you for an interesting article Ann Miura-Ko. First article to encasulate #AI impact and #startup #investing world.

Explore the concept of a one-person unicorn, a billion-dollar startup without hiring, driven by AI advancements. OpenAI CEO Sam Altman envisions a transformative shift, emphasizing the potential for rapid growth and innovation. The article taps into the evolving role of AI in reshaping the landscape for solo entrepreneurial success in the tech industry.

The AI sector is heating up with numerous startups and established players already active. While there are AI exits and possible government regulation, this complexity poses challenges for founders and investors who may have been late to pay attention to AI. Investors seek companies with a competitive advantage over rivals, avoiding those building on existing large language models to prevent potential obsolescence. Startups must solve real problems, not just ride the hype, and those transforming workflows rather than just simplifying them are more appealing. Opportunities lie in niche markets with proprietary data, and investors favor repeat founders who understand the ups and downs of the AI landscape. Despite the rapidly evolving market, staying focused on solving real problems remains key. #AI #VentureCapital #Startups #TechTrends https://rebrand.ly/rewx53o

The AI sector is heating up with numerous startups and established players already active. While there are AI exits and possible government regulation, this complexity poses challenges for founders and investors who may have been late to pay attention to AI. Investors seek companies with a competitive advantage over rivals, avoiding those building on existing large language models to prevent potential obsolescence. Startups must solve real problems, not just ride the hype, and those transforming workflows rather than just simplifying them are more appealing. Opportunities lie in niche markets with proprietary data, and investors favor repeat founders who understand the ups and downs of the AI landscape. Despite the rapidly evolving market, staying focused on solving real problems remains key. #AI #VentureCapital #Startups #TechTrends https://rebrand.ly/rewx53o

2023 was a groundbreaking year for Generative AI investment as funding to the space skyrocketed by four times compared to the previous year, while deals increased by 66%. It's worth noting that 36 genAI companies have already hit unicorn status, highlighting the potential for growth in this sector. In this report CB Insights delves deeper into the generative AI landscape, covering funding trends, top-valued startups, most active VCs, and more. #artificialintelligence #clientsuccess #startups #venturecapital #unicorns #stateofgenai