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Hebbia nets $130M to build the go-to AI platform for knowledge retrieval
In the era of artificial intelligence (AI), enterprises are eager to leverage large language models (LLMs) to optimize critical internal functions. Despite significant investments, achieving a substantial return on investment (ROI) remains a challenge. Today,…
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Synthflow picks up $7.4M for no-code voice assistance for SMEs
Synthflow, a Berlin-based startup, has announced a $7.4 million seed round to further develop its no-code AI voice assistance platform designed for small and medium-sized enterprises (SMEs). The company, which focuses on automating repetitive tasks…
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Austin’s Ironspring Ventures raised $100M to invest in the industrial revolution.
When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to these capital-intensive sectors. Now, the firm is…
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Teen Innovators Secure $500K Seed Funding for AI API Startup
In an inspiring twist to the usual post-graduation story, 18-year-old best friends Christopher Fitzgerald and Nicholas Van Landschoot are trading summer fun for hard work in the world of startups. The recent high school graduates…
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Stability AI Announces New Leadership Amid Ongoing Generative AI Advancements
Generative AI startup Stability AI, known for its innovative text-to-image technology, Stable Diffusion, has appointed Prem Akkaraju, former CEO of Weta Digital, as its new full-time CEO. This leadership change follows the departure of founder…