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November 27, 2023
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Latest funding: $53 million, series C extension (bringing full round total to $336 million)
Investors: Intel Capital, Comcast Ventures, Ahren Innovation Capital
Earlier investors: Samsung Next, Walden Catalyst, Pitango, SCB10X and b2venture
Funding plans: The new funds will be put towards accelerating the development of the company’s Task-Specific Models, AI systems built around targeted natural language processing tasks.
French firm Osium AI is using AI technologies to improve materials science research and development. Traditional methods are often manual and rely on intuition. The startup is using AI to accelerate materials synthesis cycles and reduce waste during development phases.
Latest funding: $2.6 million, seed round
Investors: Y Combinator, Raise Phiture, Collaborative Fund, Kima Ventures, Singular
Angel investors: Julien Chaumond, co-founder and CTO of Hugging Face, Isaac Oates, founder and executive chair of Justworks, WayUp founder Liz Wessel
Funding plans: Expand its team and capitalize on interest from various industrial sectors
Artisan AI develops human-like AI digital workers it calls artisans. Its tech would work out of the box and is designed to integrate with human teams across sales, marketing and design. Users can chat with their AI workers and ask them to do tasks, change settings, conduct research or even solicit advice.
Latest funding: $2.3 million, pre-seed round
Lead investors: Bayhouse Capital, Oliver Jung
Funding plans: Artisan is looking to expand its staff roster, with a focus on bringing in engineers and product-focused team members.
Read more about:ChatGPT / Generative AI
Ben Wodecki is the Jr. Editor of AI Business, covering a wide range of AI content. Ben joined the team in March 2021 as assistant editor and was promoted to Jr. Editor. He has written for The New Statesman, Intellectual Property Magazine, and The Telegraph India, among others. He holds an MSc in Digital Journalism from Middlesex University.
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