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ConverzAI, a startup based in Redmond, Washington, has successfully completed a $16 million Series A funding round aimed at driving product innovation and expanding market influence. This round was led by Menlo Ventures, with participation from Left Lane Capital, Foundation Capital, and Afore Capital. ConverzAI was founded in 2019 by CEO Ashw.

NIO officially enters the field of embodied intelligence. According to '21 Automotive', NIO has assembled a team of about 20 people dedicated to the development of the robotic dog project, led by Xu Kang, a former algorithm expert at Momenta and a current member of NIO's autonomous driving team. Industry analysis suggests that compared to bipedal robots, quadrupedal robotic dogs have significant advantages in stability, flexibility, and load-bearing capacity, making them more suitable for operations in complex terrains. Currently, robotic dogs have demonstrated broad application prospects in areas such as power inspection, process industry, fire rescue, and national defense, with a potential market size estimated to reach several.

According to a recent survey, more and more US companies are moving from testing artificial intelligence (AI) to full implementation. The survey, conducted by US venture capital firm Menlo Ventures between September and October 2024, involved 600 IT decision makers and revealed that the total AI investment in the US reached $2.3 billion in 2023, skyrocketing to $13.8 billion in 2024, marking a sixfold increase. The participants came from companies with at least 50 employees, indicating that AI is gradually

After a successful entrepreneurial journey, former SmartThings CEO Alex Hawkinson embarks on a new startup adventure. His new company BrightAI has just completed a $15 million seed funding round exclusively led by Upfront Ventures, unveiling this tech company deeply focused on smart monitoring for infrastructure. BrightAI was founded in 2019 by Hawkinson along with Nathan Hanks and Doug.

Entrepreneur Ivan Crewkov from Siberia discovered the immense potential of AI in education after a failed attempt in the smart speaker market, inspired by his daughter's experience learning English. His children's English education AI company Buddy.ai recently raised $11 million in seed funding, led by BITKRAFT Ventures, as its AI technology and business model focused on addressing children's English learning challenges gained recognition from investors. Crewkov's entrepreneurial journey has been quite dramatic.

Recently, Khosla Ventures disclosed through a regulatory filing that it has raised $405 million for OpenAI. This funding has sparked curiosity about Khosla's share in this round of financing. According to the filing, Khosla Ventures appears to hold at least a 6% stake in OpenAI, the maker of ChatGPT, based on OpenAI's recently completed $6.6 billion financing.

Recently, Cybord announced the successful completion of $8.7 million in Series A funding, primarily led by Capri Ventures, with participation from Ocean Azul Partners and existing investors IL Ventures and NextLeap Ventures. Image source note: Image generated by AI, image licensed from service provider Midjourney. Cybord is dedicated to utilizing visual AI technology to ensure quality.

Recently, AI startup Runway announced a collaboration with renowned film production company Lionsgate. This news has caused quite a stir in the film industry, as it marks the first agreement between a major film company and an AI video model provider. Runway is headquartered in New York City and has received support from companies like Google. Although Runway's technology has already been used by some filmmakers in Hollywood, such as in the Oscar-winning film 'Everything Everywhere All at Once',

Recently, the French startup Poolside has garnered significant attention. The company focuses on developing artificial intelligence technology aimed at assisting in software development. Despite the fact that their initial product has not yet been released, they are already discussing a new round of funding, with a valuation expected to reach 3 billion USD. Image source note: image generated by AI, image authorized by service provider Midjourney. According to informed sources, Poolside plans to raise nearly 500 million USD, with existing investor Bain Capital Ventures.

AI startup Harvey raised $100 million in its latest funding round, achieving a valuation of $1.5 billion, led by GV with participation from notable firms. The funds will primarily be used for data collection, team expansion, and market development. Harvey offers an AI legal assistant based on the GPT-4 model, capable of answering legal questions, analyzing leases, extracting trial information, and generating drafts of legal documents. However, it....

Bit Digital is rapidly expanding its business into the AI infrastructure sector by signing agreements to provide cloud-based GPU resources for clients at its data centers. The profit margins in artificial intelligence are higher, which can provide stable revenue for the company's core business. The company is purchasing high-performance computing equipment to deploy at data centers and provide services to AI firms, transitioning to AI business to diversify Bit Digital's revenue sources.

Index Ventures began positioning itself for AI investments well before the ChatGPT frenzy, investing in companies like Cohere and Weaviate. Index is optimistic about the application value of vector databases in training large models and has invested in the open-source vector search engine Weaviate. Index tracks changes in the software value chain and adopts a vertical integration investment strategy, having invested in AI companies like Gong and DeepScribe. Index partners believe that AI will become a core component of every application software.