4 ways generative AI will impact travel startups

Nvidia’s AI empire: A look at its top startup investments

But apps can be specialized for specific enterprise tasks with prebuilt prompts or templates that guide the model to produce more relevant outputs for specific needs. For Ammirati, the most exciting opportunity right now is not necessarily the foundation models themselves, but applications being built on top of LLMs. Some might dismissively refer to such apps as “LLM wrappers,” seeing them as repackaging the innovation of an LLM without adding substantial new capabilities.

• Ohm’s Law—voltage multiplied by conductance equals current—does the multiplication if you use the neural network’s “weight” parameters as the conductances.
• Next up in the gen AI category are Anthropic, with $8.4 billion in total equity funding, and xAI, with $6.4 billion.
• It is highly recommended reading to fully understand some of the concepts that follow.
• Founded in 2022 by Devyani Gupta, Chinmay Shah, and Lalit Gupta, Arrowhead is a enterprise tech startup that utilises GenAI to capture insights from sales calls to improve conversion rates and experience.
• A distinguishing feature of enterprise generative AI is that the AI system can interact directly with enterprise systems, e.g., Salesforce 1 , SAP, etc.

This former Googler’s stealth startup helps scientists design proteins using AI. Check out the 16-slide deck Cradle used to raise $5.4 million in seed funding. This AI startup helps Big Tech firms compress videos while maintaining quality. Here’s the 7-slide pitch deck it used to raise $5 million in seed funding.

The funding will support the development of Writer’s AI tools, as well as “rapid expansion” of its quick-start AI applications and agents for healthcare, retail, and financial services companies. The company offers generative modeling with built-in synthetic accessibility for successful drug discovery, utilizing the latest deep learning algorithms for de novo design and AI-driven synthesis planning. Their innovative technology platform enables significant productivity gains in small molecule discovery for large and medium-sized pharma, biotech companies, and research institutes. Cohere’s customizable, high-performance AI models can be deployed on public, private, or hybrid clouds to ensure data security.

Generative AI funding reached new heights in 2024

And for the moment, at least, startups developing AI solutions and those putting the technology at the heart of their business models are well placed to attract the attention of investors. Meanwhile, small and tech-driven companies can take advantage of toolks that are already widely available and accessible. Karya’s work helps enterprises accelerate the data design and collection process, enabling the creation of deployable AI solutions that cater to non-English speakers in India. The company will use NVIDIA NeMo and NVIDIA NIM to build its AI platform, which offers custom AI model training and pretrained models tailored to customers’ business needs. Run in partnership with Google Cloud, this equity-free program provides 10 weeks of hands-on mentorship and technical project support to startups using AI in their core service or product.

With a smart editor, engaging visuals, and seamless single sign-on, the platform provides a delightful user experience that encourages collaboration and asynchronous discussions. Its intuitive search functionality allows users to easily pick up where they left off, while individual profiles remind team members of the human connections behind their work. Designed with user-friendliness in mind, Outerbase combines the best aspects of Google Sheets and Airtable to create a comprehensive solution for managing and running queries on data.

It competes with the likes of Hexo, Metabrix, Predis.ai, and PostifyAI in the digital ads space. Founded in 2021 by Vishal Virani, DhiWise is an AI-enabled programming platform where developers can convert their designs into developer-friendly code for mobile and web apps. Founded in 2019 by Ashray Malhotra, Nisheeth Lahoti and Shivam Mangla, Rephrase AI leverages GenAI to create professional videos with the ease of writing text within minutes. Founded in 2017 by Sharath Keshava Narayana and Swapnil Jain, Observe AI is a conversational intelligence platform for contact centres. Neither Musk (pictured) nor the company was prepared to comment on the report, the Financial Times said.

Paris-based Argil raises €4.9 million to develop AI video creation for the creator economy

However, a study conducted by G2[1] reveals that adoption by companies and their employees remains low and poses a real challenge for generative AI. Only 13% of AI chatbots reviewers work for companies with more than 1,000 employees, and the percentage of enterprise users for LLMs is even lower, at 8%. Check out the 15-slide pitch deck Screenloop used to raise $7 million in seed funding.

Simply imagine how valuable it is to let your customers find what they are looking for… even if they aren’t entirely sure what it is they are looking for. With generative AI-powered search, customers can just describe what they hope to find, while the AI quickly surfaces results based on relevance and semantic relationships, rather than keyword matches and frequency. Something that’s often an afterthought for many startups focused on “building, building, building” is customer experience. The “build it and they will come” mentality is very often the reason for many ventures’ downfall—simply because they lack direct input from the end user, as well as explicit prioritization of their needs. Generative AI has been all the talk since the explosive launch of OpenAI’s GPT models (and all pursuant models like Llama, Claude, etc.) in 2022, and the large-scale adoption of AI technology by the average consumer.

Top 4 Artificial Intelligence (AI) ETFs in 2025 – The Motley Fool

Top 4 Artificial Intelligence (AI) ETFs in 2025.

Posted: Thu, 23 Jan 2025 00:38:00 GMT [source]

Using procedural generation, Dataplant makes it easier to proactively engage with customers and drive better retention, revenue, and satisfaction. Iktos specializes in the development of AI technologies and software for de novo drug design. Focused on multi-parametric optimization, Iktos leverages deep generative models with reinforcement learning to design novel compounds optimized to meet specific objectives with speed, performance, and diversity.

Accelsius’s $24 million Series A funding for data center cooling

We have the OpenAI and Generative AI platforms that require massive investment,” he says. VideoVerse uses NVIDIA CUDA libraries to accelerate AI models for image and video understanding, automatic speech recognition and natural language understanding. The company runs its custom AI models on NVIDIA Tensor Core GPUs for inference. With reduced funding, slowed IPOs and multiple rounds of layoffs across tech companies (small or large), getting a business idea sponsored and taken off the ground is harder than ever. There’s no indication that the flood of funding to already heavily capitalized AI startups is set to recede.

The platform offers a powerful API and SDKs to ensure seamless integration with existing applications, while its extensible and composable nature allows for infinite expansion of capabilities through the agent ecosystem. Fixie also provides a free, open marketplace for ready-to-use smart agents. Built with the latest generative AI software and approved by large enterprises, Fixie delivers a fully-hosted, scalable solution that can be deployed on-premises if needed.

The company aims to help customers understand their customers with minimal effort, so they can focus on what matters instead of tedious data analysis. TOffeeAM’s cloud-based platform offers an automated procedure capable of generating complex and efficient shapes that would be otherwise unimaginable. Trusted by top aerospace, automotive, and energy companies, TOffeeAM pushes design limits and creates optimized solutions for industrial applications. Their Intelligent Content Engine enables retailers to automatically tag ecommerce products and extract valuable information from images, text, and videos. The Digital Experience Management (DXM) suite personalizes and curates customer experiences while automating retail processes such as merchandising, product management, ecommerce, and marketing operations. Forethought is a generative AI startup launched in 2018, offering a platform for customer support automation.

The platform allows users to sync various tools, such as Confluence, Jira, Figma, or Google Docs, to a visual map, eliminating information silos and enabling users to find everything in one place. Jigso declutters the digital workspace by aggregating and mining data from different apps. Using top generative AI to surface only the most relevant information and actions, Jigso helps users focus on what truly matters.

The biggest game-changing factor about generative AI is how human-like, advanced and sentient its capabilities are extending beyond the transactional, simple task-driven capabilities that previous AI solutions offered. Tap into AWS technology and expertise in quantum computing, high-performance computing, artificial intelligence and machine learning, and generative AI. Does the startup have access to a large volume of proprietary, vertical-specific data to train its LLMs? For example, an AI copilot for customer service call centers will be enhanced if the AI model is trained on large amounts of existing customer interaction data. Even as overall seed-stage investment declined in 2024, a few areas saw big gains.

While some Chinese startups are gaining traction, they face significant regulatory hurdles that limit their commercial reach, chiefly rules by the country’s internet watchdog requiring AI models to be approved before public release. “I think you need someone that has that amount of specialisation to be able to understand and help separate the wheat from the chaff,” Lauchengco says. “We have gotten as far as an individual partner likes [a startup] and then it gets pitched to the broader team, where we have all these specialists that are kicking the tyres on the technical architecture. Gaglani says a combination of AI automation and human involvement has enabled Steetbees to work more quickly on surveys but retain the depth and quality of the data. It’s an example of how Generative AI is already changing the way businesses work. With AI, there is more motivation on the customer side than any new technology, with many Fortune 2000 companies exploring use cases, he said.

“We haven’t seen anything this disruptive in all my time in enterprise investing, for the last 20 years,” said Matt Carbonara, managing director for Citi Ventures, which is a venture investment arm of banking giant Citigroup. For the final article in our AI investor series for 2024, we spoke with Citi Ventures, one of the more active corporate venture investors through the past decade, on its investment focus in AI. “By fairly compensating these communities for their digital work, we are able to boost their quality of life while supporting the creation of multilingual AI tools they’ll be able to use in the future,” said Manu Chopra, CEO of Karya. Fluid AI taps NVIDIA NIM microservices, the NVIDIA NeMo platform and the NVIDIA TensorRT inference engine to deliver a complete, scalable platform for developing custom generative AI for its customers.

However, the country’s GenAI space seems to have made massive strides since then. Not only have we been able to mint India’s first AI unicorn, Krutrim, but also attracted major interest from investors and entrepreneurs to cause a stir in this space. OpenAI’s GPT-3, a large language model (LLM), has since paved the way for GPT-4 and $11 Bn+ in funding for OpenAI, mostly from Microsoft.

But is the Experian/UKTech report right to say that innovative small businesses are better placed to exploit the technology than large corporations. Fluid AI’s chatbots can be applied in customer service to increase agent productivity and reduce response times, generating accurate outputs in real time. Or, organizations can choose to deploy them with sales and customer-facing teams, using them for tasks like creating slide decks in under 15 seconds. Mumbai-based startup Fluid AI offers generative AI chatbots, voice calling bots and a range of application programming interfaces to boost enterprise efficiency.

With Outerbase, users can effortlessly view, update, and visualize their data, opening up new opportunities for analysis, problem-solving, and optimization. Using advanced deep learning methods and generative AI, Veesual’s custom technology seamlessly combines images of clothing and people with high-quality results. The result is a virtual dressing room that allows shoppers to easily navigate fashion collections and choose the best fits. With over 40 million users on its imaging application, DreamStudio, and other popular products like Lensa, Wonder, and NightCafe, Stability AI is at the forefront of the generative AI space. The round values the startup at $2.1 billion — making it the UK’s largest generative AI startup by valuation, according to data platform Dealroom. Across almost 800 exits tracked, the average time for travel startups to be acquired is 6.7 years from their founding.

After that initial investment, Kristof and the early DemoSquare team went into what he describes as “full fundraising mode”. Spotting such startups isn’t an easy task, and it helps if you have experts who understand the technology to avoid investors throwing money at the wrong pitches. The cash being injected into AI startups is at ludicrous levels, increasing exponentially following the mainstream market’s interest in the technology in the wake of launches of generative AI applications like ChatGPT and Stable Diffusion. Generally, analog AI has struggled to meet its potential, particularly when scaled up to a size that might be useful in datacenters. Among its main difficulties are the natural variation in the conductance of cells; that might mean the same number stored in two different cells will result in two different conductances.

The likes of Anthropic, Scale AI, Cohere, Mistral, Figure and Elon Musk’s xAI all raised hundreds of millions of dollars in 2024 to fund their AI development and expansion efforts. In simulations, a system made up of Delphis would run Llama2-70B at 666,000 tokens per second consuming 59 kilowatts, versus a 624 kW for an Nvidia H100-based system, Sagence claims. According to Sarin, Sagence has developed low-power versions of both circuits. The power demands of the digital-to-analog converter are helped by the fact that the circuit needs to deliver a very narrow range of voltages in order to operate the flash memory in deep subthreshold mode.

Users can create complex formulas and generate charts with simple text commands on the platform to accelerate data analysis. The SaaS platform claims to have so far worked with 5 Lakh brands including the likes of Mahindra FInance, Zupee, BluSmart, Ullu, among others. Founded in 2022 by Rituraj Biswas, Neha Soman, Abhijeet Kumar and Arijit Mukhopadhyay, Hypergro.ai leverages AI to help brands conceptualise and create compelling video ads using user-generated content (UGC).

Going forward, the startup plans to expand to the US market and release its synthetic data GenAI model to fuel its next stage of growth and unlock additional revenue opportunities. The startup solves the problem of training datasets for computer vision using synthetic data. Its cloud platform allows users to generate varied synthetic datasets for their AI model training. The startup is backed by VC firms such as Exfinity Venture Partners, Stellaris Venture Partners, Endurance Capital and other angel investors such as Mamaearth cofounder Ghazal Alagh, among others. Founded in 2023 by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, Highperformr.ai taps into generative AI (GenAI) to offer a one-stop-shop social media management platform for businesses.

Fixie is a cloud-based enterprise platform designed for building applications using Large Language Models. It enables developers to create smart agents that integrate LLMs with back-end logic, connecting to data, systems, and tools. With a focus on versatility, Fixie supports various data types such as text, images, audio, video, and more.

If anything, it seems like we hear more buzz around pending rounds as well as announcements of new, gargantuan investments. Vertical AI, or artificial intelligence targeted to specific industries has also produced some startups with $1 billion or more in equity funding. And in this space, the frontrunner among private companies is Waymo, with $10.5 billion in equity funding to date, including a $5 billion infusion from parent company Alphabet in July. Beyond generative AI, the most heavily funded artificial intelligence companies fall in three other broad categories.

As a leader among AI companies, Hugging Face is actively involved in building the future of AI by enabling developers to build, train, and deploy state-of-the-art models using their open-source resources. The startup also offers AI-powered sales tools such as customer bots to help teams build sales skills and improve call quality. Eubrics can also be integrated with existing CRM and cloud telephony platforms to analyse calls to streamline call tracking and lead analysis. Founded in 2021 by Ritwika Chowdhury and Apurv Jain, Unscript.ai’s AI-powered platform allows businesses to create personalised marketing videos at scale without expensive equipment or time-consuming editing.

Buzzy French AI startup Mistral isn’t for sale and plans to IPO, its CEO says – Business Insider

Buzzy French AI startup Mistral isn’t for sale and plans to IPO, its CEO says.

Posted: Tue, 21 Jan 2025 13:39:00 GMT [source]

Su outlines that companies like Microsoft are looking to capitalise on lower saturation levels in the region to fuel their growth, often collaborating with local operators to establish infrastructure and introduce AI solutions. Southeast Asia, in contrast, is emerging as a growth area for cloud and AI services as hyperscalers like Microsoft invest in infrastructure and partnerships across countries such as Indonesia and Malaysia. “At the moment, a lot of the money is being made by companies creating AI tools,” says Hall. Founded in 2015, the company collects and analyzes customer behavior data on behalf of its clients.

CoRover’s modular AI tools were developed using NVIDIA NeMo, an end-to-end, cloud-native framework and suite of microservices for developing generative AI. They run on NVIDIA GPUs in the cloud, enabling CoRover to automatically scale up compute resources during peak usage — such as the moment train tickets are released. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Today, the list of heavily funded artificial intelligence companies is lengthy enough that it’s hard to keep track of them all.

• In simulations, a system made up of Delphis would run Llama2-70B at 666,000 tokens per second consuming 59 kilowatts, versus a 624 kW for an Nvidia H100-based system, Sagence claims.
• (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based companies across 127 deals.
• But the AI startup co-founded by former OpenAI chief scientist Ilya Sutskever could have more attention in 2025 as it flexes the $1 billion in cash SSI raised late in 2024.
• In August 2024, DemoSquare raised 1.2 million Swiss francs (US$1.35 million) in pre-seed funding, with QBIT Capital leading the round.
• Citi Ventures rounds out the top 10 leading corporate venture firms investing in AI-related companies, Crunchbase data shows.

After college, Tully gravitated toward startups, becoming a software engineer at the dot-com-era companies iScale and Pillar Data Systems, the latter of which was acquired by Oracle in 2003. He spent 14 years at Yahoo, working his way up to lead engineering for Yahoo, AOL, and its media properties, which included the Huffington Post, Tumblr, Polyvore, and Flurry, and managing a team of more than 850 people. The firm, which has backed Chime, Warby Parker, Roku, and Uber, has historically focused on early- and growth-stage startups across the consumer, enterprise, and healthcare sectors. The program will run from 22 January to 5 March 2025 and will culminate in a Demo Day, during which participants will have the chance to showcase their products to top venture capitalists and private equity firm. This platform uses AI-powered chatbots to provide immediate support and resources to individuals experiencing mental health distress. By offering 24/7 availability and personalized guidance, HearMe aims to reduce barriers to accessing help and improve early intervention.