### Title TabbyML raises $3.2 million in seed funding to challenge GitHub Copilot ### Important Facts - 💰 TabbyML, an open source code generator, has raised $3.2 million in seed funding. - 👥 The startup was founded by two ex-Googlers. - 🚀 TabbyML aims to compete with GitHub Copilot in the AI-assisted coding space. ### Secondary Facts - 🔥 The race to develop AI assistants for writing computer code is intensifying. - 🌱 TabbyML plans to use the funding to further enhance its open source code generator.

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Modal Labs raises $16M in Series A funding to support cloud-based infrastructure for data teams and app developers ### Important Facts - Modal Labs secures $16 million in a Series A funding round led by Redpoint Ventures - The funding will be used to provide cloud-based infrastructure to data teams and app developers - Modal Labs specializes in supporting generative AI applications ### Secondary Facts - Amplify Partners, Lux Capital, and Definition Capital also participated in the funding round

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Thread raises $15M to develop autonomous inspection platform for utility assets ### Important Facts - 🚀 Thread, a startup developing a robotics platform for utility asset inspection, has raised $15 million in a Series A funding round. - 💰 The funding round was led by Badlands Capital and included participation from Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital, and Kevin O’Leary’s Wonder Fund North Dakota. ### Secondary Facts - 🤖 Thread's platform collects inspection data autonomously, providing utilities with efficient and accurate information about their assets. - 💼 The funding will enable Thread to further develop its technology and expand its operations. - 🌐 Thread is not to be confused with Threads, another company in the same industry.

Source: https://techcrunch.com/category/artificial-intelligence/

### Title ChatGPT's Mobile App Sets New Revenue Record, but Growth Slows ### Important Facts - 💰 ChatGPT's mobile app generated a record revenue of $4.58 million last month. - 📈 The number of app installs and revenue for ChatGPT continue to grow. - 💥 September witnessed 15.6 million downloads and nearly $4.6 million in gross revenue across iOS and Android apps worldwide. - ⬇️ However, recent data from market intelligence firm Appfigures shows that revenue growth has slowed down. - 📉 After consecutive months of over 30% growth, the growth rate dropped to 20% in September. ### Secondary Facts - 💻 ChatGPT is an AI chatbot available on both iOS and Android platforms. - 🌍 The revenue figures mentioned are global. - 🗓️ July and August experienced revenue growth rates of 31% and 39%, respectively.

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Gradient secures $10M funding to enable companies to deploy and fine-tune multiple LLMs ### Important Facts - 💰 Gradient, a startup, has raised $10 million in funding. - 🌐 The funding round was led by Wing VC with participation from Mango Capital, Tokyo Black, The New Normal Fund, Secure Octane, and Global Founders Capital. - 🧠 Gradient allows developers to build and customize AI apps in the cloud using large language models (LLMs). - 💻 The platform enables companies to deploy and fine-tune multiple LLMs for their applications. - 🚀 Gradient has emerged from stealth mode. ### Secondary Facts - 🔒 Secure Octane and Global Founders Capital are among the investors in Gradient's funding round. - 📈 The funding will support Gradient's mission of empowering companies to leverage LLMs for AI app development. - 🌍 Gradient aims to provide a cloud-based solution for building and customizing AI applications. - 🎉 The company's emergence from stealth signifies its readiness to showcase its product and engage with the market. - 🏢 Wing VC is the leading investor in Gradient's funding round.

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Section 32 raises $525M fund for AI investments ### Important Facts - 💰 Venture firm Section 32, founded by ex-Google Ventures CEO Bill Maris, closes on $525 million in capital commitments for its fifth fund - 💼 The fund will be used for early-stage investments and follow-on opportunities in the field of artificial intelligence (AI) ### Secondary Facts - 🚀 TechCrunch is the first to report on Section 32's successful fund closure

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Likewise introduces Pix, an AI chatbot for personalized entertainment recommendations ### Important Facts - 🚀 Likewise has launched a new AI chatbot called Pix for entertainment recommendations - 💡 Pix is built using customer data from Likewise and technology from partner OpenAI - 💬 Pix can provide recommendations and answer questions via text message, email, or within the Pix mobile app - 📺 Users can also interact with Pix through the Pix TV app using a voice remote ### Secondary Facts - 🎥 Likewise's app already offers recommendations for TV shows, movies, podcasts, and books - 🌐 Pix utilizes a combination of user data and advanced AI technology to make accurate suggestions

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Metropolis raises $1.7B to acquire SP Plus ### Important Facts - 📈 AI-powered parking platform Metropolis secures $1.7 billion funding - 💼 Funds raised will be used to acquire SP Plus, a provider of parking facility management services ### Secondary Facts - 🔍 Combination of equity and debt financing - 🚗 Metropolis aims to expand its presence in the parking industry - 💰 Acquisition of SP Plus will strengthen Metropolis' position in the market

Source: https://techcrunch.com/category/artificial-intelligence/

### Title The Importance of Addressing Security Concerns in Generative AI ### Important Facts - 🚨 49% of business leaders consider safety and security risks a top concern in generative AI - 📊 38% of business leaders identify human error or human-caused data breaches as a result of a lack of understanding of how to use GPT tools ### Secondary Facts - 💡 The benefits of early adoption outweigh the potential downsides of limiting integration

Source: https://techcrunch.com/category/artificial-intelligence/

### Title Google DeepMind aims to create a comprehensive database of robot actions ### Important Facts - 🌟 Google DeepMind is bringing together researchers to develop an ImageNet for robot actions - 🌟 Learning is considered the most important aspect in robotics - 🌟 Most robots today are designed to perform specific tasks exceptionally well ### Secondary Facts - 💡 The term "general purpose" is often used loosely in the field of robotics

Source: https://techcrunch.com/category/artificial-intelligence/