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- 🚀 A monster funding week
🚀 A monster funding week
More than $800 million raised by AI startups in the last 2 days.
At Chief AI Office, our goal is to provide you with:
The latest funding events in AI startups
Careers in AI
Greatest AI tools
With our (almost) daily market updates, you'll stay ahead of the curve.
Top picks
A quick highlight
Amount: $500M 🎉
Valuation: $43B
Round: Series I
Investors: T. Rowe Price, Nvidia
Databricks’ mission is to accelerate innovation for its customers by unifying Data Science, Engineering, and Business. They provide a Unified Analytics Platform powered by Apache Spark for data science teams to collaborate with data engineering and lines of business to build data products.
Its product is a unified open analytics platform for building, deploying, sharing, and maintaining enterprise-grade data, analytics, and AI solutions at scale. The Databricks Lakehouse Platform integrates with cloud storage and security in your cloud account, and manages and deploys cloud infrastructure on your behalf.
Here’s the problem they solve 👇
Amount: $223M 🎉
Round: Series B
Lead Investor: General Catalyst
Helsing provides an AI platform that claims to be able to boost defense and national security, specifically for liberal democracies, by making them more efficient, using live data.
It processes data from multiple sensors directly on vehicles and systems, providing an integrated view of the operational environment with the aim of faster and more accurate decision-making.
Amount: $85M 🎉
Round: Series C
Lead Investor: Touring Capital
Pixis provides a full-stack marketing platform that uses AI to monitor and orchestrate marketing campaigns.
The platform can be divided into three core pillars: Targeting, Creative, and Performance. On the targeting side, Pixis uses AI to identify and ideally convert audiences for a given brand, product, or ad campaign. On the creative end, Pixis can generate assets including texts, images, and emails. And when it comes to performance, Pixis offers automated ad bid and budget pacing tools that attempt to mitigate the impact of short-term fluctuations and seasonality.
Amount: $10M 🎉
Round: Seed
Lead Investor: Gradient Ventures
The mission of LastMile AI is to empower builders by providing a new class of AI developer tools built for software engineers, not machine learning research scientists.
LastMile AI provides a platform that helps software engineers develop and integrate generative AI models into their apps. It allows customers to create generative AI apps leveraging text- and image-generating models from both open- and closed-source model providers. Developers can personalize these models with their proprietary data, and then incorporate them into their new — or existing — apps, products and services.
Careers 📢
Believe in Databrick’s mission? Join them 👇
Believe in Pixis’ mission? Join them 👇
Chief AI Tool of the Week 📢
Dive into the open-source AI world with Hugging Face. You should try it 👇
Bonus 🔥
For the most curious minds!
💡Nvidia is actively investing in AI startups
Their portfolio focuses heavily on startups that build LLMs (see image)
Strategy?
- They have a lot of cash to deploy: $6.7B in profit last quarter
- LLM startups (customers) depend on its GPUs & Nvidia's growth depends on these… twitter.com/i/web/status/1…
— Chief AI Officer (@chiefaioffice)
6:00 PM • Sep 13, 2023
You did it! It’s over for now.
I’ll see you tomorrow.
Thanks for reading. If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @chiefaioffice
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Cheers,
Chief AI Officer (CAIO)M
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