EO STUDIO’s Post

Running a startup? Don’t miss this 🗣️ Join our Make TechTalk in London to learn how AI can transform your business with RAG, automation, and more. What to expect: 📝 RAG best practices: Learn key strategies for effectively integrating AI into your startup operations ⚙️ From concept to product: Discover how to transform AI concepts into market-ready products 📈 Efficiency through automation: Learn how startups can use smart automation to increase time to market. 💰 Attract investment: Gain insights from investors about their decision-making criteria when evaluating AI startups for potential funding Meet the experts: → Tim Colebrooke, Chief Commercial Officer at Mission Decisions → Sara Maldon, AI Transformation Lead at Make → Bertram Lutz, Head of GTM Innovation at Make Moderator: Lucie Polakova, Venture Analyst at Cambridge Future Tech Excited? Us too! Save your seat now 👉 https://bit.ly/3LUa9M6

AI21 Labs Ascends with a $155M Series C Round AI21 Labs, originating from Tel Aviv, solidifies its standing in the #AITextGeneration domain, garnering a spectacular $155M in Series C, elevating its valuation to $1.4B, and total funding to $283M. Notably, the round was led by a consortium of eminent investors: Walden Catalyst Ventures, Pitango, SCB10X, b2venture, Samsung Next, and Amnon Shashua, the founder of Intel Corporation-owned Mobileye and co-founder of AI21 Labs. Tech titans Google and NVIDIA also joined the investment wave, underscoring the company’s promise in the #AITextGeneration sector.  Distinguished Offerings & Strategic Moves: Despite being capital-intensive and having formidable competitors, AI21 Labs perpetuates an edge by providing trustworthy, accurate, and integrable AI solutions, developed on extensive and fresh training data. While also partnering with potent platforms like Amazon’s Bedrock and maintaining an expanding language support, it addresses global and versatile generative AI use-cases. Planned Expansion & Skillful Leadership: Prioritizing expansion, AI21 Labs intends to accelerate R&D, establish far-reaching partnerships, and amplify its team, especially in research and business development domains. The induction of Pankaj Dugar, an experienced exec from Google, into its leadership echelon, fortifies its strategic and operational framework, projecting a promising trajectory ahead. Navigating through challenging yet lucrative territories in the AI domain, AI21 Labs curates a blend of technological innovation and strategic evolution, positioning itself as a compelling watch in the global AI narrative.  #AIInvestment #TechnologyInnovation #GlobalAIExpansion #AI TechCrunch

What brings AI + Startups together? Make TechTalks is coming to London and AI for startups will be our guest of honour. Here's why you should not miss this grand debut. 1- We go into technical topics like RAG (retrieval augmented generation) and share best practices straight from the startups world. If you ever tried to build RAG, chances are you stumbled upon the challenges Tim Colebrooke from Mission Decisions will cover. 2- We show you how to validate your hypothesis quickly as a startup. AI + Automation get you to PoC (proof of concept) fast and at low cost. At Make, we've seen thousands of startups do it. So Bertram Lutz and I will walk you through it. 3- We bring onboard experts who recognise that good idea + funding = success. So if you are on the brink of an exciting AI idea, our last speaker will walk you through the investors' lens, bringing you much closer to your success. And as a bonus, Lucie Polakova from Cambridge Future Tech will take over as the MC (host) for the night. Ready to jump on board of this great event? 👉 Register here: https://lnkd.in/ewtj9j_n #ai #startups #make #automation #rag #ventures

AI21 Labs Raises $155 Million at $1.4 Billion Valuation   AI21 Labs is a startup that is at the forefront of creating cutting-edge algorithms that excel in the field of generative AI. By training its algorithms on vast amounts of text data, AI21 Labs has developed models that can generate human-like stories, poetry, and even dialogue. These AI-generated pieces have garnered attention for their fluency and imagination, blurring the lines between human creativity and AI capabilities. AI21 Labs has raised $155 million in a Series C from investors Google and NVIDIA. The new round has brought the company’s valuation to $1.4 billion. Other investors include Walden Catalyst Ventures, Pitango, SCB10X, b2venture, Samsung Next, and Professor Amnon Shashua. AI21 Labs intends to use the fresh funding to grow its text-based generative AI services for enterprises. AI21 Labs, Tel Aviv, Israel, was founded in 2017 by Yoav Shoham, Ori Goshen, and Amnon Shashua. “AI21 Labs came out of stealth in October 2020 with our first launch of [AI writing tool] Wordtune,” said Yoav Shoham, one of AI21 Labs’ co-CEOs. “Since then, we’ve only managed to grow, more than doubling our workforce with plans to add even more employees.” 

Watch the newest release on EO STUDIO, an in-depth interview covering Jae Lee of Twelve Labs : https://lnkd.in/gpMgjHux Raising $30M in seed funding with partnerships including NVIDIA, Samsung, and Intel, Twelve Labs is spearheading the innovation in Video AI technology with state-of-the-art multimodal AI systems that comprehend videos like humans. With over 20K developer organizations utilizing their API, Twelve Labs' commitment to problem-solving without cutting corners has rendered their solution unique and invaluable. ___ Join us for an exclusive opportunity to speak directly with Jae Lee on his journey towards building the multimodel AI, his growth strategy moving forward, and the technical challenges he has overcome so far. Date : March 28th (Thu) *See Details for Exact Time This private webinar will go in-depth about the behind-the-scenes of Twelve Labs' growth, a must-attend to all players in the AI ecosystem. View Event 👉 https://lu.ma/u5mj0kob

Scale AI, a leading player in the AI industry, has just raised a whopping $1 billion in a venture round led by Accel, with participation from major investors like Y Combinator, Founders Fund, Tiger Global Management, Cisco Investments, Amazon.com, Qualcomm, Intel, AMD, and Nvidia. This impressive fundraising elevates Scale AI's valuation to nearly $14 billion, setting high expectations for the company in the hypercompetitive AI race. Vijay Karunamurthy, Scale AI's Field CTO, recently shared insights at the Collision conference in Toronto. He highlighted the company's vision of becoming the "data foundry for AGI" (Artificial General Intelligence), enabling machines to learn and think like humans. This journey will see Scale AI working closely with leading AI research labs, including OpenAI and Anthropic, to build models that reason and answer questions as reliably as humans. The importance of data in advancing AI and AGI cannot be overstated. As AI models become more powerful, the need for diverse and sophisticated datasets increases exponentially. Scale AI is at the forefront of this transformation, providing critical data that powers advanced AI applications, from robotic interactions to enterprise solutions. The recent $1 billion fundraise is unique not only for its size but also for the strategic investors involved. Scale AI aims to leverage these partnerships to enhance their enterprise product offerings, focusing on security, trust, and access control over AI models. With fresh capital in hand, Scale AI is poised for significant growth. The company plans to expand its team by over 20% year-over-year and open its first international office in London. This expansion will tap into Europe's rich pool of AI talent, further solidifying Scale AI's position as a global leader in the AI space. #AI #Innovation #VentureCapital

The Enterprise Tech List for 2024 is out. Of the 40 companies on this year's list, 17 are new to the ET30. The list shows once again a dominance of AI, i.e. companies building AI's infrastructure, tooling and core model technologies. hashtag #innovation #AI

How and when should your #startup utilize AI and spatial computing in your product roadmap? OrangeLoops and Startup Boston are excited to be teaming up to get you some answers on June 18th! During this session, we’ll dive into: 🚀 How current companies are utilizing AI and spatial computing today 🚀 How to think about approaching AI and spatial computing in your current product roadmap or startup idea 🚀 Understand if either (or both) are a good fit for your product, business model and customers 🚀 How to utilize these tools to provide a competitive advantage for your startup Grab your ticket here: https://lnkd.in/esVrjEan There are BOTH in-person (shout out to Workbar in Boston!) and virtual options for this panel.

The Enterprise Tech List for 2024 is out. Of the 40 companies on this year's list, 17 are new to the ET30. No surprise the list shows once again a dominance of AI, i.e. companies building AI's infrastructure, tooling and core model technologies. #innovation #AI

xAI Raises Historic $6 Billion Series B, Valued at $18 Billion! 🚀 Evaluate the impact of this funding 👇 🚀 Exciting News in AI! On May 26th, 2024, Elon Musk's AI startup xAI announced its massive $6 billion Series B funding round, marking a major milestone in the AI industry. This round brings significant players like a16z, Sequoia, and Valor on board, pushing xAI's valuation to a staggering $18 billion! Key Highlights: - Massive Series B Funding: $6 billion raised, one of the largest in AI history. - Major Investors: a16z, Sequoia, Valor, Fidelity, Future Ventures, and more. - AI Supercomputer Plans: xAI aims to build an AI supercomputer, requiring up to 100,000 specialized semiconductors. - Competitive Landscape: xAI joins the ranks of AI giants like OpenAI, Anthropic, Google, and Meta, among others. Why This Matters: - New Major Player: With xAI's significant funding and ambitious plans, the AI landscape is no longer a duopoly. xAI is set to compete directly with OpenAI and Anthropic. - Innovation Boost: The funding will accelerate the development of next-gen AI technologies and infrastructure, including a "gigafactory of compute." 📅 What’s Next: - 🤖 AI Development: Watch out for the next version of Grok and other innovations from xAI. - 📈 Market Dynamics: Increased competition among top AI players will drive rapid advancements and breakthroughs in AI technology. Follow us for more updates and join the conversation about the future of AI! 🚀 #AI #ElonMusk #xAI #StartupFunding #Innovation #TechNews #AIRevolution #SeriesB #Investment