Alex Marantelos’ Post

We're thrilled to celebrate DataWhisper's latest triumph: the successful closure of their SEIS funding round! 🙌 A massive round of applause for their unwavering commitment and vision to ensure the secure adoption of generative AI on a massive scale. 🌟 We're honored to have contributed to their journey alongside lead investor SFC Capital. Together, we're breaking barriers and paving the way for a brighter future in AI innovation. 🤝 Here's to the beginning of a new chapter filled with even greater achievements and milestones! 🚀 #DataWhisper #SEISFunding #AIGovernance #GenerativeAI #Compliance #Startup #FintechInnovation #ai

Anshu Sharma and Prashant saha, co-founders of Skyflow, have secured $30 million in #funding to bolster data privacy solutions for #AI and LLMs. With Khosla Ventures leading the investment and support from existing investors Mouro Capital, Foundation Capital, and Canvas Ventures, #Skyflow is poised for even greater success. Read entire article at: https://lnkd.in/dbVuyKfh #DataPrivacy #AI #LLMs #TechInnovation

🎉 Exciting News! DataWhisper closes SEIS Funding Round 🚀 We're thrilled to announce that DataWhisper has successfully closed its SEIS funding round, with SFC Capital as the lead investor and co-investment from Prakash Pilley Philey and Thomas Radosh from Deployflow, with whom we have been building a strong partnership  🙌 This investment is a significant milestone for DataWhisper, as it validates our mission to enable the secure and compliant adoption of generative AI at scale. 💡 As risks and regulatory concerns remain the top barriers to AI adoption, DataWhisper is uniquely positioned to address this critical need. We're incredibly grateful for our investors’ support and belief in DataWhisper. 🙏 Their backing, along with their strategic insights and network, will be invaluable as we strengthen our market position and help more organisations unlock the potential of generative AI. We extend our heartfelt gratitude to our amazing team, customers, and partners who have been instrumental in our journey so far. This funding marks the beginning of an exciting new chapter for DataWhisper, and we are eager to achieve even greater heights together! 💖 Stay tuned for more updates  🌟 Gurinder Sumra, Kristina Mydlar Chandila F. Ashish Chawla Ashley Mitchell Mark Cousins SFC Capital Deployflow Pedro Gameiro Thomas Radosh Prakash Pilley #DataWhisper #SEISFunding #AIGovernance #GenerativeAI #Compliance #Startup #FintechInnovation #ai

Hebbia, headquartered in New York, has successfully raised $130 million in its Series B funding round led by Andreessen Horowitz, known for investments in ElevenLabs and Hyperexponential. Other significant investors include Index Ventures, GV (Google Ventures), and tech mogul Peter Thiel, valuing the company at $700 million, as reported by Bloomberg. This latest funding round aims to further enhance Hebbia's AI-powered document search and query solution. Unlike traditional AI tools, Hebbia is focused on integrating a human-like layer into AI technologies, prioritizing product-driven innovation over mere technological advancement. Founded by George Sivulka, Hebbia is committed to redefining the potential of AI beyond basic chatbot interactions. The company has developed AI systems that mimic human work processes, supported by an intuitive interface that showcases its capabilities. Hebbia is tailored for knowledge workers, enabling them to direct AI agents to handle tasks with the same precision and flexibility they themselves possess, regardless of complexity or data size, all while maintaining the transparency of a spreadsheet. The platform orchestrates AI agents to effectively tackle intricate tasks by breaking them down into manageable steps. This allows users to collaborate seamlessly with AI, facilitating the extraction, organization, and analysis of vast amounts of data, thereby automating workflows with generative AI. Already adopted by leading asset management firms, law practices, financial institutions, and Fortune 100 companies worldwide, Hebbia has empowered its users to achieve unprecedented insights and analyses. "Hebbia is transforming AI applications in knowledge work by enabling sophisticated task automation and data analysis," said the company spokesperson. With a significant $130 million funding boost, Hebbia is poised for substantial growth, leveraging its AI's human-like capabilities to drive transformative change across business operations. #Hebbia #AI #ArtificialIntelligence #SeriesBFunding #FundingAlert #FundraiserAlert #VentureCapital #TechInnovation #GenAI #ProductInnovation #TaskAutomation #DataAnalysis #BusinessOperations #AutomatingWorkflows #AllBoutCorps

Beyond the founder and team, there are factors within a founder's control that mitigate risk for investors. Learn how founders are building investor confidence with AI in our report, 'Boston Startups Put AI and Data to Work.' https://lnkd.in/evS3U8Vq Fidelity Shoobx | Kristen Craft #InvestorConfidence #SmartInvesting #AIReport #FounderInsights #VerticalizedAI

We’re excited to announce the launch of The Roddenberry Foundation’s $1M Prize (non-dilutive) for early-stage ventures leveraging Artificial Intelligence (AI) for a better future. The #Prize is invite-only. If you are a foundation, impact investor, venture capitalist, accelerator, academic institution, or research lab, please nominate AI ventures that are post-seed through Series A by June 14, 2024. Join us in leveraging AI towards a more #equitable and #prosperous world in which all of us – regardless of our background – can thrive. Nominate AI ventures here: https://bit.ly/3X9sbAW Learn more about the Prize: https://lnkd.in/dBNHmqpG #aiforgood #equityandinclusion #sustainabledevelopmentt #impactinvesting #venturecapital

HOT TAKE: Early stage venture is doomed. 📉 Generative AI is commoditizing software. In this new reality, the venture landscape is facing a generational reckoning and must adapt in order to survive or risk radical disruption. How so, you might ask? Check out my thoughts in The GenAI Collective’s latest community newsletter! https://lnkd.in/gpTmePtn

Skyflow secures $30M in Series B extension amid AI-Driven growth surge #Skyflow has announced a $30 million Series B extension, led by the forward-thinking Khosla Ventures. This strategic infusion of capital marks a significant milestone for Skyflow, highlighting the company's pivotal role in addressing the burgeoning demand for sophisticated data management services in the AI era. Skyflow, co-founded by CEO Anshu Sharma, began its journey with a focus on providing an API that securely stores personally identifying information (PII) for customers. However, as #AI technologies, particularly large language models (LLMs), have exploded in popularity, Skyflow has adeptly expanded its offerings to meet the complex data privacy and management needs this new era demands. The decision by Khosla Ventures to lead this round of funding, alongside other notable investors, reflects a strong vote of confidence in Skyflow's mission and its capabilities. This is especially relevant as the company reports a significant portion of its revenue now stems from LLM-related services, showcasing a swift adaptation to market trends. The choice to categorize the funding as a Series B extension, rather than moving to a Series C, was a strategic decision reflecting the current investment climate and Skyflow's savvy approach to growth. This move, aimed at achieving minimal dilution while accelerating expansion, highlights the company's pragmatic approach to scaling. Furthermore, the involvement of Khosla Ventures, known for its portfolio of AI investments, underscores the critical importance of data privacy and security in corporate LLM usage. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

🌟 Exciting News Alert! 🚀 Did you know that Goodfire, a cutting-edge startup revolutionizing the world of generative AI models, just secured a groundbreaking $7 million in seed funding? 🔥🌿 With Lightspeed Venture Partners leading the charge, along with support from Menlo Ventures, South Park Commons, and other top-tier investors, the future of AI observability is looking brighter than ever! 🌟💸 🔍 Imagine having a crystal-clear view into the inner workings of AI models, unraveling the mysteries of complexity one breakthrough at a time. Goodfire is at the forefront of this innovation, paving the way for enhanced transparency and efficiency in AI technology. 🧠💡 🚀 The journey towards unlocking the true potential of AI is a thrilling adventure, with opportunities for growth and advancement at every turn. As we celebrate Goodfire's success, we are reminded of the power of collaboration, innovation, and the relentless pursuit of excellence. 🌟💭 💬 What are your thoughts on the future of AI observability and its impact on the tech industry? Share your insights and join the conversation below! 👇🤖 🔗 Stay tuned for more inspiring stories and cutting-edge insights by following my profile! Let's embark on this exciting journey of growth and transformation together. 🚀🌿 #AI #Innovation #TechIndustry #Goodfire #SeedFunding #FutureTech #TransformingAI #Gbenlandia

OpenAI Board welcomes Sam Altman, adds three new members. #AIleadership 🤝 Follow us on Discord 🔜: https://lnkd.in/gt823Zd3 🤝 Follow us on Whatsapp 🔜 https://wapia.in/wabeta _ ❇️ Summary: OpenAI has announced the return of Sam Altman to its board, along with the addition of three new members. Altman, the former president of Y Combinator, will rejoin the board after leaving in 2019. The new members include Rob Solomon, the CEO of GoFundMe, and Maria Shumskaya and Tess Hatch, both partners at Bessemer Venture Partners. The additions aim to bring diverse perspectives and expertise to the board of the artificial intelligence research organization. Hashtags: #chatGPT 1. #OpenAIBoard 2. #SamAltman