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- ๐ AI Startups raise $100M+ today
๐ AI Startups raise $100M+ today
BONUS: Andrej Karpathy's LLM Video Takeways
I wrote this newsletter
Hi, Iโm Talin ๐ข
Iโve worked in PE, early-stage SaaS & AI startups.
I work with startups on:
๐ Retention Cohorts
The most valuable exercise for SaaS unit economics, business/product alignment.
You will find out your productโs LTV, NRR, NDR, & more.
๐ท๐ปโโ๏ธ AI/ML Talent Acquisition in India
70% cheaper than in the USA.
๐ Fundraising
Top picks
A quick highlight
Amount: $35M ๐
Round: Series A
Lead Investor: Lightspeed Venture Partners
Pika is an AI-powered platform that edits and generates videos from captions and still images. It includes features like extending video length, transforming styles, and editing content using AIโ.
The service is aimed at simplifying the video creation process, making it less complicated and resource-intensive, thus opening up high-quality video production to a broader audience.
Introducing Pika 1.0, the idea-to-video platform that brings your creativity to life.
Create and edit your videos with AI.
Rolling out to new users on web and discord, starting today. Sign up at pika.art
โ Pika (@pika_labs)
2:38 PM โข Nov 28, 2023
Amount: $32M ๐
Round: Series A
Lead Investor: General Catalyst
PhysicsX offers an AI platform for creating and running simulations for engineers in industries like automotive, aerospace, and materials science manufacturing.
This platform aims to address bottlenecks in development due to traditional modeling and testing methods before production. The AI models enable faster and more accurate physics simulations, which can dramatically accelerate engineering processes and make complex engineering more accessible across industries.
Amount: $24M ๐
Round: Series A
Lead Investor: Index Ventures
Cradle's mission involves using generative AI to aid scientists in designing and engineering proteins, with a focus on speeding up the development of new therapeutics and bio-based products such as enzymes, antibodies, lab-grown food, and bio-based materials and chemicalsโโ.
Amount: $16M ๐
Round: Venture Round
Lead Investor: Mazda
Secondmind focuses on AI-powered optimization for vehicles in the design and development processes.
Their solutions are aimed at reducing design simulation time and calibration overhead, improving energy efficiency and performance throughout a vehicle's lifecycle, and contributing to the transition to carbon-neutral mobilityโ
Amount: $3M ๐
Round: Venture Round
Investors: Y Combinator, Amino Capital, General Advance, SAV, Translink Capital, and Nomad Capital
Solve Intelligence aims to streamline the patent drafting process for intellectual property attorneys with AI-driven solutions.
They offer an in-browser document editor with an AI copilot to assist attorneys in intellectual property generation. The AI can identify novelty and non-obviousness in patents and aids in the R&D process.
Other Rounds ๐ค
LegalFly raises a $2.2M Seed - The Premier AI Copilot for Legal Teams
Algomo gets a $1.5M grant - Customer service, powered by generative AI
Bonus ๐ฅ
For the most curious minds!
Andrej Karpathy is a legendary researcher who helped start OpenAI and created Stanford's first deep-learning class.
I watched @karpathy's 1h Intro to Large Language Models.
Here are my top takeaways:
> training models = lossy compression (gestalt of the text on the internet).โฆ twitter.com/i/web/status/1โฆ
โ Alex Ker ๐ญ (@thealexker)
12:07 AM โข Nov 27, 2023
You did it! Itโs over for now.
Iโll see you next time.
Thanks for reading.
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Cheers,
Chief AI Officer (CAIO)
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