9 posts tagged ‘funding’
Generative AI funding reached new heights in 2024
TechCrunch,
If there was any doubt, the generative AI bubble did not burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools, and services to generate text, images, videos, speech, music, and more, reached new heights last year. According to data from financial tracker PitchBook compiled for TechCrunch, generative AI companies […] © 2024 TechCrunch. All rights reserved. For personal use only.
Why the Noise of L.A. Helicopters Never Stops
The New Yorker,
The L.A.P.D. says it has the largest local airborne law-enforcement unit in the world. A recent audit found little evidence that its choppers deter crime.
Giga ML wants to help companies deploy LLMs offline
AI is all the rage — particularly text-generating AI, also known as large language models (think models along the lines of ChatGPT). In one recent survey of ~1,000 enterprise organizations, 67.2% say that they see adopting large language models (LLMs) as a top priority by early 2024. But barriers stand in the way. According to […] © 2023 TechCrunch. All rights reserved. For personal use only.
LucidLink lands $75M for its on-demand file streaming tech
LucidLink, a startup offering a platform that enables teams to work on files without having to download or sync them, today announced that it raised $75 million in a Series C round led by Brighton Park Capital with participation from Headline, Adobe Ventures and Baseline Ventures. The tranche brings LucidLink’s total raised to $90 million […] © 2023 TechCrunch. All rights reserved. For personal use only.
The time to triage is over
In 2024, extension rounds and bridge financings will go back to being few and far between as VCs refocus on new deals. © 2023 TechCrunch. All rights reserved. For personal use only.
To find success as a woman founder, embrace your scrappy side
There is a wealth of information on the internet about fundraising for startups, but the existing playbooks need to be updated for women. © 2023 TechCrunch. All rights reserved. For personal use only.
Microsoft looks to free itself from GPU shackles by designing custom AI chips
Most companies developing AI models, particularly generative AI models like ChatGPT, GPT-4 Turbo and Stable Diffusion, rely heavily on GPUs. GPUs’ ability to perform many computations in parallel make them well-suited to training — and running — today’s most capable AI. But there simply aren’t enough GPUs to go around. Nvidia’s best-performing AI cards are reportedly […] © 2023 TechCrunch. All rights reserved. For personal use only.
Mindful drinking app Sunnyside lands $11.5M to launch its AI-powered coach
“Sober curious” and “mindful drinking” have become popular terms in recent years, with 47% of the U.S. adult population wanting to cut back on alcohol. Sunnyside, the app promoting healthy drinking habits, secured $11.5 million in Series A funding led by Motley Fool Ventures with major participation from Will Ventures, the company announced today. The funds will help […] © 2023 TechCrunch. All rights reserved. For personal use only.