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18 Dec 2024

AI Startup Basis Raises $34 Million for Accounting Automation Agent

Basis, an AI startup, has secured $34 million in Series A funding to develop autonomous agents for accounting automation, promising to revolutionize the industry by reducing manual work and addressing the shortage of accountants.

4 Sources

Mili Raises $2 Million to Revolutionize Wealth Management with AI Assistant

Mili, an AI-powered meeting assistant for wealth advisors, secures $2 million in seed funding to enhance its product and expand operations. The startup aims to streamline workflows and boost productivity in the wealth management industry.

2 Sources

Grammarly Acquires Coda: A Strategic Move Towards AI-Powered Productivity

Grammarly, the AI writing assistant company, acquires productivity startup Coda and appoints its co-founder Shishir Mehrotra as the new CEO, signaling a shift towards becoming an AI productivity platform.

4 Sources

Engineered Arts Secures $10M Funding, Restructures as U.S. Company to Scale Humanoid Robot Production

Engineered Arts, a humanoid robotics company, has restructured as a U.S. entity and raised $10 million in Series A funding to accelerate product development and scale production of its advanced humanoid robots.

2 Sources

iRobot Co-Founder's New Venture: AI-Powered Home Robots for Health and Wellness

Colin Angle, co-founder of iRobot, launches Familiar Machines & Magic, a startup developing AI-powered home robots focused on health, wellness, and companionship. The company has raised $15 million and aims for $30 million in total funding.

2 Sources

17 Dec 2024

Stand Insurance: AI-Driven Startup Tackles Climate-Impacted Property Insurance Crisis

Stand, a new insurance startup, emerges with an AI-powered approach to insure high-risk properties affected by climate change, starting with wildfire-prone homes in California.

3 Sources

Vana Launches Mainnet and $VANA Token to Revolutionize Data Ownership in AI Economy

Vana, a pioneering network for user-owned data, has launched its mainnet and native $VANA token, aiming to transform data ownership and monetization in the AI era while addressing data scarcity issues in AI development.

3 Sources

16 Dec 2024

AI-Powered Platform Revolutionizes Online Business Sales, Empowering Entrepreneurs to Achieve Million-Dollar Exits

Flippa's AI-driven marketplace is transforming how online businesses are valued and sold, as demonstrated by Ben Zogby's successful $1.1 million exit for his trading platform Highstrike.

2 Sources

14 Dec 2024

OpenAI's "Shipmas" Concludes Amidst Escalating Challenges and Rivalry with Elon Musk

OpenAI wraps up its "12 Days of Shipmas" marketing campaign, facing significant challenges in 2025, including a legal battle with Elon Musk and fierce competition in the AI industry.

30 Sources

Databricks Raises $10 Billion in Massive Funding Round, Delaying IPO Plans

Databricks, the data and AI company, has raised $10 billion in a Series J funding round, valuing the company at $62 billion. CEO Ali Ghodsi explains the reasons behind the funding and the decision to delay the company's IPO.

26 Sources

Pika 2.0: A Game-Changer in AI Video Generation Challenges OpenAI's Sora

Pika Labs launches Pika 2.0, a powerful AI video generator with new features like Scene Ingredients, improved motion rendering, and enhanced customization, positioning itself as a strong competitor to OpenAI's Sora.

5 Sources

Shutterstock and Lightricks Partner to Revolutionize AI Video Model Training

Shutterstock introduces a novel 'research license' model, partnering with Lightricks to provide access to high-quality video data for AI training, potentially reshaping the landscape of ethical AI development.

3 Sources

Liquid AI Secures $250 Million in AMD-Led Funding for Innovative AI Model Development

Liquid AI, an MIT spin-off, raises $250 million in a Series A round led by AMD to develop efficient AI models inspired by worm brain structure, challenging traditional transformer-based AI systems.

7 Sources

13 Dec 2024

Vapi Secures $20 Million in Series A Funding to Revolutionize Enterprise Voice AI

Vapi, a developer platform for AI voice agents, raises $20 million in Series A funding to expand its engineering team, scale infrastructure, and serve new enterprise customers across various industries.

3 Sources

Evinced Secures $55M in Series C Funding to Expand AI-Driven Accessibility Tools

Evinced, a startup specializing in digital accessibility tools, has raised $55 million in Series C funding to expand its AI-powered platform and enter the European market ahead of new accessibility regulations.

2 Sources

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