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- ⚙️ AI21 Labs raises another $53M
⚙️ AI21 Labs raises another $53M
BONUS: Microsoft's AI Portfolio
Top picks
A quick highlight
Amount: $53M 🎉
Round: Series C Extension
Lead Investor: Intel Capital, Comcast Ventures
AI21 Labs’ mission is to enhance humanity’s unique ability to create and understand written language. They are on a mission to reimagine the way humans read and write.
Their flagship product is AI21 Studio, a developer platform for building custom text-based business apps off of AI21’s proprietary text-generating AI models.
The startup also sells access to Wordtune, its multilingual reading and writing AI assistant.
Amount: $10M 🎉
Round: Series A
Lead Investor: GFT Ventures
Qortex offers an AI-enabled technology for Intelligent Video Analytics (IVA), enabling users to search, categorize, correlate, and curate video moments at scale, regardless of volume, time, language, or context.
Their technology assists in turning video content into actionable data for businesses, enhancing their video marketing and advertising capabilities.
Amount: $10M 🎉
Round: Seed
Lead Investor: Crane Venture Partners, Triple Point Ventures
SeeChange Technologies offers the SeeWare® Visual AI platform, which provides intelligent and connected systems for stores, faster and better checkouts, preemptive stockout management, and capabilities to decrease theft and make stores safer for employees and shoppers.
The platform processes video from retailers' existing hardware and is easily deployed and scaled across retail enterprises
Together with Synthesia
Chief AI Tool of the Day 📢
Synthesia turns your text into videos in minutes.
Get natural sounding AI voices in 120+ languages
Make your videos more engaging with 140+ AI Avatars
Edit as simply as a slide-deck, no experience required
Bonus 🔥
For the most curious minds!
Microsoft is the most powerful AI company 🔥
They own:
OpenAI - $1B+ ARR
GitHub Copilot - $100M+ ARRHere's their portfolio of AI Startups (see image)
cc: M12 (vc arm)
They participated in:
OpenAI - $10B Corporate Round
Inflection AI - $1.3B Venture Round
Databricks - $685M… twitter.com/i/web/status/1…— Chief AI Officer (e/acc) (@chiefaioffice)
8:19 PM • Nov 20, 2023
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Cheers,
Chief AI Officer (CAIO)
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