### Title The Impact of AI on Startups in the Tech Industry ### Important Facts - ๐ The tech industry is actively seeking its next growth vector, with AI being a prominent focus. - ๐ก Various technologies such as blockchain, AR & VR, and creator-focused platforms have also vied for this position. - ๐ Startups may face potential disadvantages due to the power of data in the AI era. ### Secondary Facts - ๐ News about business, technology, and startups often mention AI. - ๐ฐ "The Exchange" explores topics related to startups, markets, and money.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 03:03:06 PM |
### Title Floworks secures $1.5 million seed investment to develop AI assistant for enterprise tasks ### Important Facts - ๐ฐ Floworks has raised a $1.5 million seed investment - ๐ค The company is building an AI assistant called Floworks - ๐ฅ Co-founders Sudipta Biswas and Sarthak Shrivastava were part of Y Combinator's Winter 23 cohort - ๐ก Veteran investor Vinod Khosla influenced the founders to think bigger - ๐ข Floworks' AI assistant aims to streamline mundane enterprise tasks ### Secondary Facts - None
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 02:03:11 PM |
### Title AI-powered BeFake raises $3M in funding to create an AI-augmented social network ### Important Facts - ๐ฐ BeFake, a social networking app, secures $3 million in seed funding - ๐ฑ The app combines concepts from popular Gen Z app BeReal with AI technology - ๐คณ Users can snap photos with both front and back cameras and customize them using AI technology - ๐จ Customization options include in-app presets or custom prompts - ๐ BeFake aims to offer a different experience than BeReal by focusing on edited photos rather than authentic sharing among friends ### Secondary Facts - ๐ The funding will be used to develop an AI-augmented social network - ๐ BeFake's name is a play on BeReal, suggesting the opposite approach to photo sharing - ๐ธ The app allows users to capture photos with both front and back cameras
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 01:03:05 PM |
### Title Meta releases FACET, an AI benchmark to evaluate fairness in computer vision models ### Important Facts - ๐ Meta has released a new AI benchmark called FACET - ๐ FACET is designed to evaluate the "fairness" of AI models that classify and detect things in photos and videos - ๐ป The focus of FACET is to probe computer vision models for biases ### Secondary Facts - ๐ Meta is on an open source tear, releasing various projects - ๐ FACET aims to address the issue of bias in AI algorithms
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 01:03:05 PM |
### Title UK parliamentary committee urges government to prioritize AI regulation ### Important Facts - ๐จ UK parliamentary committee calls for an AI bill to be a priority for ministers - ๐ข Committee warns that policymakers are not keeping up with technology - ๐ป Urges the government to reconsider its decision not to introduce legislation in the short term ### Secondary Facts - ๐ Investigating opportunities and challenges around artificial intelligence - โณ Calls for setting an AI rulebook to regulate the technology
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 10:33:12 AM |
### Title Martian Lawyers Club secures $2.2M funding for AI-driven game personalization technology ### Important Facts - ๐ Martian Lawyers Club (MLC) raises $2.2 million in pre-seed funding round led by Fly Ventures - ๐ฎ MLC aims to revolutionize game personalization using generative AI - ๐ฐ Funding participants include System.One, Amar Shah (co-founder of Wayve and Charm Therapeutics), and Dhyan Ventures ### Secondary Facts - ๐ MLC focuses on enhancing the core systems of games rather than generating content - ๐ Many companies utilize AI for game asset generation, but MLC takes a unique approach
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 10:13:05 AM |
### Title OpenAI-backed language learning app Speak raises $16M in funding ### Important Facts - ๐ Language learning platform Speak has raised $16 million in a Series B-2 funding round. - ๐ฐ The funding was led by angel investor Lachy Groom. - ๐ Speak is backed by OpenAI's startup investment fund, the OpenAI Startup Fund. ### Secondary Facts - ๐ก Speak is an English language learning app. - ๐ The funding will be used to expand Speak's operations to the U.S.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 10:13:05 AM |
### Title China Approves First Batch of Large Language Model-Empowered Services for Public Use ### Important Facts - ๐ China has granted approval to the first batch of large language model-empowered services for public use. - ๐ Eight generative AI applications, including Baidu's Ernie Bot and ByteDance's Doubao, have registered with China's cyberspace authority. - ๐ Chatbots built on the lab work of top research institutions like Tsinghua University and Chinese Academy of Sciences are among the approved services. ### Secondary Facts - ๐ China announced provisional measures to oversee generative artificial intelligence one month ago. - ๐ The approval allows Chinese users to try their homegrown equivalents of ChatGPT.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 09:53:05 AM |
### Title Google expands AI-powered search to India and Japan ### Important Facts - ๐ Google is bringing its generative AI search experience to India and Japan. - ๐ The new AI-powered search feature, known as SGE (Search Generative Experience), will be available through Google's Search Labs in these countries. - ๐ The feature aims to make it easier for users to find information using AI-powered overviews. ### Secondary Facts - ๐ก This expansion marks the first time Google's AI search is being introduced outside of the United States.
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-31 12:33:06 AM |
### Title AI21 Labs raises $155M in funding at a $1.4B valuation ### Important Facts - ๐ฐ AI21 Labs, a Tel Aviv-based startup, secures $155 million in Series C funding round - ๐ Funding led by Walden Catalyst, Pitango, SCB10X, b2venture, Samsung Next, and Amnon Shashua - ๐ฅ Co-founder of Intel-owned Mobileye, Amnon Shashua, is also a co-founder of AI21 Labs - ๐ป Google and Nvidia participate in the funding round - ๐ต Valuation of AI21 Labs reaches $1.4 billion ### Secondary Facts - ๐ AI21 Labs specializes in developing text-generating AI tools - ๐ The startup is based in Tel Aviv, Israel
Source: https://techcrunch.com/category/artificial-intelligence/
2023-08-30 08:53:06 PM |