### Title SQream raises $45M to expand its GPU-based big data analytics platform ### Important Facts - 💰 Israeli data analytics startup SQream secures $45 million in funding - 🚀 SQream's GPU-based big data analytics platform enables processing and querying of large datasets - 🌍 The world's increasing reliance on AI and the growing amount of data produced daily contribute to SQream's success ### Secondary Facts - 💡 SQream made a bet on GPUs as a cornerstone for big data analytics back in 2010 - 📈 Funding will be used to support SQream's continued growth and expansion

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

### Title Druid raises $24M in funding to accelerate U.S. growth and expand conversational AI platform ### Important Facts - 💰 European AI startup Druid secures $24 million in Series B funding round - 🚀 Funding will be used to double down on U.S. growth, which now accounts for the majority of revenue - 💬 Druid offers "conversational business applications" integrating traditional conversational AI models with ChatGPT ### Secondary Facts - 🌍 Founded in Romania in 2018 - 🤝 Druid's generative AI is powered by ChatGPT

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

### Title HiddenLayer raises $50M to defend AI systems from adversarial attacks ### Important Facts - HiddenLayer, a security startup, has raised $50 million in funding. - The funding round was co-led by M12 and Moore Strategic Ventures. - Booz Allen Hamilton, IBM, Capital One, and TenEleven also participated in the funding round. ### Secondary Facts - HiddenLayer focuses on protecting AI systems from adversarial attacks.

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

### Title Enfabrica raises $125M in Series B funding to build networking hardware for AI workloads ### Important Facts - 📈 Enfabrica, a company building networking chips for AI and machine learning workloads, raised $125 million in a Series B funding round. - 💰 The funding round values the company at "five times" its Series A post-money valuation. - 👥 Co-founder and CEO Rochan Sankar confirmed the successful funding. ### Secondary Facts - 💡 Enfabrica's networking chips are specifically designed to handle AI and machine learning workloads.

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

### Title Salesforce enhances its platform with conversational AI using Einstein Copilot ### Important Facts - Salesforce introduced its AI layer called Einstein in 2016 for predictive AI services - In March, Salesforce launched Einstein GPT to enable natural language questioning about the software across the platform ### Secondary Facts - OpenAI's ChatGPT was released a few months before Salesforce introduced Einstein GPT

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

### Title CertifID Raises $20M to Develop Fraud Prevention Tech for Real Estate Market ### Important Facts - CertifID, a startup developing fraud prevention tech for the real estate market, raised $20 million in a funding round led by Arthur Ventures. - The funding round valued CertifID at "over double" its previous valuation. - CertifID primarily develops products to fight wire fraud. - Thomas Cronkright, co-founder of CertifID, launched the company in 2017 after losing $180,000 to fraud at his real estate title agency in Grand Rapids, Michigan. ### Secondary Facts - The funding round was successful with participation from other investors besides Arthur Ventures.

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

### Title "Exadelic": A Sci-Fi Novel Set in Silicon Valley ### Important Facts - 📚 "Exadelic" is a sci-fi novel written by Jon Evans, a former contributor to TechCrunch. - 🌉 The book aims to capture the essence of the Bay Area tech community, similar to "Ready Player One." - 💡 The author goes beyond just replicating the reference density of "Ready Player One" and sets higher goals. ### Secondary Facts - 🖋️ TechCrunch rarely reviews fiction books but found "Exadelic" relevant enough to warrant a quick post. - 🎯 The novel is carefully tuned to the ecosystem that TechCrunch covers.

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

### Title FTC Targets Generative AI ### Important Facts - 🎯 The Federal Trade Commission (FTC) is focusing on generative artificial intelligence (AI) - 💡 Technological transitions can create opportunities for new players to challenge market leaders - 🔀 Paradigm shifts like generative AI can disrupt or entrench dominant incumbents - 🌍 Markets and regulators' response will determine the impact of generative AI innovation ### Secondary Facts - 📚 Watershed technological transitions redefine how companies compete for customers and resources

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

### Title The demand for custom chips rises with the boom in generative AI ### Important Facts - 💥 The generative AI boom is driving an increased demand for custom chips. - 📈 Keeping up with the fast-moving AI industry is a challenging task. - 🌐 This news provides a roundup of recent stories and notable research in machine learning. ### Secondary Facts - 🤖 Currently, there is no AI capable of keeping up with the rapidly evolving AI industry.

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

### Title Character.ai's AI app gaining ground on ChatGPT in the U.S. ### Important Facts - 📈 Character.ai, an AI app maker, is catching up to ChatGPT in terms of mobile app usage. - 📱 The iOS and Android apps for Character.ai now have 4.2 million monthly active users in the U.S. - 💪 ChatGPT's mobile apps currently have nearly 6 million monthly active users in the U.S. ### Secondary Facts - 🔍 The analysis was conducted by market intelligence firm Similarweb. - 💼 Character.ai is backed by a16z.

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