### 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/

### Title Google.org establishes $20M fund for AI-focused grants ### Important Facts - Google.org is creating a $20 million fund to support researchers and public policy solutions around AI. - The initiative, called the Digital Futures Project, aims to provide grants to think tanks and academic institutions developing AI expertise. ### Secondary Facts - Google announced the new initiative ahead of an AI-focused private Congressional meeting with tech giants. - The grants will be used to support research and development in the field of artificial intelligence. - The goal of the project is to foster innovation and advance understanding of AI's impact on society.

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

### Title Scala Biodesign secures $5.5 million funding to optimize drugs through protein re-engineering ### Important Facts - 💰 Scala Biodesign has raised $5.5 million in new funding - 🧪 The company is focused on using AI and other tools to improve the practicality of existing or promising drugs - 🌱 Their approach involves tweaking drugs one molecule at a time ### Secondary Facts - ⚕️ The biotech industry is experiencing a gold rush driven by AI and other technologies - 🔬 Scala Biodesign aims to apply these methods to enhance drug development and treatment options

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

### Title LexisNexis adopts generative AI for legal writing and research ### Important Facts - 📝 Last June, New York City lawyers used ChatGPT from OpenAI to write a brief with fake case citations. - 🤖 The incident caused an uproar, an angry judge, and embarrassment for the attorneys. - ✅ It highlighted the need for careful verification of AI-generated work in a legal context. ### Secondary Facts - 💼 LexisNexis is embracing generative AI technology. - ⚖️ Bots like ChatGPT can be helpful but require thorough review in legal applications.

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

### Title Leveraging AI for Faster Project Delivery: 5 Steps to Assemble AI-driven Business Teams ### Important Facts - 🚀 Startups are using AI to streamline operational costs in the face of shrinking budgets. - 🤖 Many founders and CEOs confine AI's role to specific functions like customer service or translations, missing out on its greater potential. - ⚡️ Properly harnessed AI can lead to the creation of AI-powered business units. - 💼 These AI-driven teams have the ability to deliver projects at faster speeds. ### Secondary Facts - 📈 Leveraging AI is a favorite strategy among startups. - ❌ Mistake often made by founders and CEOs is limiting AI's role to specific functions.

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

### Title The Impact of AI-Generated Images on Elections ### Important Facts - 🌍 Prominent elections are expected in 2024, including the United States, United Kingdom, Taiwan, India, and the European parliament. - 🤖 Research suggests that artificial intelligence (AI) poses a high risk to the integrity of the election process. ### Secondary Facts - 🔄 The possibility of a Biden versus Trump rerun is highly likely. - 🗳️ Swaths of voters will be heading to the polls to exercise their democratic right to vote.

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