### 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/

### Title Glass Health aims to revolutionize medical software with AI for diagnosing patients ### Important Facts - 🚀 Glass Health is building an AI system to suggest medical diagnoses - 💡 Dereck Paul, a former medical student at UC San Francisco, noticed the lack of innovation in medical software compared to other sectors like finance and aerospace - 👩‍⚕️ The company's goal is to prioritize the needs of patients and doctors over hospital administrators or insurance companies ### Secondary Facts - 🏥 The current state of medical software lags behind advancements in technology - 💭 Dereck Paul envisioned a company that would bring cutting-edge tech to healthcare professionals

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

### Title India's Reliance partners with Nvidia to build powerful language model ### Important Facts - 📌 Reliance Industries and Nvidia have partnered to develop a large language model trained on India's diverse languages. - 📌 The collaboration aims to create AI infrastructure that is significantly more powerful than the fastest supercomputer in India today. ### Secondary Facts - 💡 Reliance Industries is the largest corporate firm in India. - 💡 The partnership allows Reliance to expand into the nascent and locally uncontested space of language models.

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

### Title Artists advocate for inclusion in regulation of generative AI ### Important Facts - 📝 A group of artists have written an open letter to Congress regarding generative AI. - 🎨 The artists argue that generative AI should not be seen as a negative force. - 💡 They emphasize the importance of including the creative community in discussions about regulating and defining the technology. ### Secondary Facts - 👥 Artists are one of the many groups affected by AI advancements.

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

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

### Title Y Combinator Demo Day 2023: Highlights from Day 2 ### Important Facts - 📅 Y Combinator's Summer 2023 cohort concluded its pitches to investors and media on Thursday. - 💼 The accelerator still works with a few hundred companies at a time, despite reducing its batch size in recent years. - 🚀 Startups presented their pitches rapidly throughout the morning and afternoon. ### Secondary Facts - 🗞️ If you missed the startups from the first day's presentations, check them out here.

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

### Title AI-powered startup Ello raises $15M to combat childhood illiteracy ### Important Facts - 🚀 AI reading coach startup Ello secures $15 million in Series A financing - 📚 Ello aims to eradicate childhood illiteracy using artificial intelligence and child speech recognition technology - 💰 Funding will be used for product development and expanding consumer access ### Secondary Facts - 🌍 Ello's mission is to improve child literacy rates - 🔬 The startup leverages advanced technologies to achieve its goal

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