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25 Oct 2024

Healthify Secures $20 Million in Funding, Expands AI-Powered Health Platform Globally

Healthify, an AI-powered health and fitness app, raises $20 million in new funding, bringing its total equity to $125 million. The company plans to expand into the US market and enhance its AI capabilities.

3 Sources

Japanese Startup Sustech's Valuation Soars to $800 Million, Leveraging AI for Clean Energy Solutions

Sustech, a Japanese energy tech startup, is set to raise $50 million in its latest funding round, valuing the company at over $800 million. The firm specializes in renewable energy and AI-based power management systems.

2 Sources

Concentric AI Secures $45M to Expand AI-Powered Data Cataloging and Security Tools

Concentric AI, a startup specializing in AI-powered data cataloging and security, has raised $45 million in Series B funding to enhance its product offerings and expand its market presence.

2 Sources

Sarvam AI Launches Sarvam-1: A Breakthrough LLM for Indian Languages

Sarvam AI, an Indian startup, has introduced Sarvam-1, a large language model optimized for 10 Indian languages and English. This 2-billion-parameter model outperforms larger competitors and addresses key challenges in processing Indic languages.

5 Sources

24 Oct 2024

Simbe Robotics Secures $50M Series C Funding to Expand AI-Powered Retail Automation

Simbe Robotics, a leader in retail automation, raises $50 million in Series C funding led by Goldman Sachs. The company plans to expand its AI and robotics solutions for inventory management and store operations.

2 Sources

Humane Slashes AI Pin Price by $200 Amid Weak Sales and Poor Reviews

Humane, a startup founded by ex-Apple executives, has reduced the price of its AI Pin wearable device by $200 following weak sales and negative reviews. The company is now offering a 90-day return policy to attract customers.

2 Sources

Wayve Expands AI-Driven Automated Driving Tests to U.S. Roads

UK-based Wayve, backed by major investors, launches its AI-powered automated driving software tests in San Francisco, marking its first expansion outside the UK and intensifying competition in the autonomous vehicle market.

5 Sources

TechCrunch Disrupt 2024: AI Takes Center Stage Amid Diverse Tech Discussions

TechCrunch Disrupt 2024 showcases AI advancements and diverse tech topics, featuring industry leaders and startups across three days in San Francisco.

5 Sources

Hugging Face Launches HUGS: A New Open-Source AI Offering to Reduce Costs and Complexity

Hugging Face, in collaboration with tech giants, introduces HUGS, an open-source AI offering aimed at simplifying and reducing costs for AI development while promoting data privacy and control.

4 Sources

AI Developments: From Deepfakes to Self-Driving Cars

A look at recent AI-related news, including Warren Buffet deepfakes, Nvidia's chip flaw resolution, and Wayve's self-driving car tests in California.

2 Sources

23 Oct 2024

Fixify Secures $25M Series A for AI-Powered IT Help Desk Solution

Fixify, an AI-supported IT help desk startup, raises $25 million in Series A funding to modernize technical support services by combining artificial intelligence with human expertise.

3 Sources

The AI Investment Boom: Investors Chase Startups Amid Rapid Growth and Ethical Challenges

Venture capital investments in AI startups are surging, with a notable shift towards generative AI. This trend is driven by big tech investments and the potential of AI across various sectors, but also raises concerns about responsible investing and long-term sustainability.

2 Sources

Ideogram Launches Canvas Editor: A Game-Changer in AI Image Generation

Ideogram, an AI startup, introduces a new Canvas editor that allows users to manipulate and combine AI-generated images, offering enhanced flexibility and creativity in image generation and editing.

2 Sources

AI Startup Tennr Secures $37M to Revolutionize Healthcare Document Processing

Tennr, an AI-powered healthcare document processing startup, has raised $37 million in Series B funding to expand its research and sales teams, aiming to automate complex tasks in the healthcare industry.

4 Sources

Freeform Secures $14M to Revolutionize Metal 3D Printing with AI-Powered Technology

Freeform Future Corp., led by ex-SpaceX engineers, raises $14 million from Nvidia and Boeing to scale its AI-driven metal 3D printing technology, aiming to transform manufacturing across multiple industries.

2 Sources

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