💰Google to invest up to $2B in Anthropic; $500M upfront
PLUS: Baichuan raises $300M from Alibaba, Tencent & Xiaomi
Welcome to the 39th edition of AI Marvel!
Last issue, we mentioned Anthropic’s Amazon deal amounting to $4 billion. And just recently, previous investor Google agreed to invest up to $2 billion, $500M of which were invested upfront. We also see significant movements in the global market notably in China around its search engine pioneer Baichuan and AI large-scale model company, Dark Side of the Moon. Also covered in this edition are: GPTZero, a leading AI-text detection platform and the $1B valued unicorn Typeface among others. Let’s dive in and take a look at what happened this past month in the AI market…
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🚀 Traction
PDF.ai, an AI tool that lets users chat with PDF, has over 350K users, 1M+ monthly visitors and over $25,072 MRR. (Source: Indiehackers)
SocialBee, social media management tool empowering its user with AI content creation, has 358K visitors in September 2023 with a 13.2% increase since the previous month. (Source: SimilarWeb)
10Web, a platform that quickly copy or generate any website with AI in minutes, had 3.47M visitors in the last 2 months. (Source: SimilarWeb)
Certn, an AI background screening solutions for recruiters and businesses, has been named #1 on Business in Vancouver’s Top 100 Fastest-Growing Companies in B.C. 2023. (Source: LinkedIn)
D-ID, a platform that lets users create videos featuring talking avatars, records over 150M videos being created and more than 140K developers using their API . (Source: Website)
📢 Demo Day
GPTZero, a New York based startup founded in 2022, is a ChatGPT-detection tool designed to detect AI-generated text. The software can determine whether a piece of text was written by a person or generated by artificial intelligence (AI), allowing users to determine whether a text was written by a human or generated by an AI tool. Trained to detect ChatGPT, GPT4, Bard, LLaMa, and other AI models, their AI text detector is trusted by leading organizations such as Duke University, NYU, K16 Solutions, and others. A couple of months ago, GPTZero has launched Origin that detects AI content on the internet for free. Trusted by millions of users, educators, institutions, and journalists, the AI Detector has been rated #1 by TechCrunch.
Business model: Subscription (Free, Essential $10+/month)
Alex Cui - CTO, Co-founder
Typeface, a generation AI application unicorn from San Francisco, is an AI content creation platform for enterprises. Enterprises can now create on-brand content faster combining content velocity with brand personalization and control. It offers self-service content development solutions for the entire lifecycle, allowing every employee to create captivating content with ease, speed, and brand authenticity.
Business model: Waitlist
Abhay Parasnis - CEO and Founder
STUDIO, a Tokyo based startup, creates next generation design tool integrating WebDesignAI. STUDIO AI can understand what the users are designing, learn from their feedback to take their designs further, and turn them instantly into live websites. An intuitive editor with on-screen controls makes it easy for anyone to design stunning websites without technical knowledge. The AI companion can also autocomplete designs and generate HTML, CSS, and JS. English version is in beta, while Japanese version has recorded over 350K users and over 90K websites making web design accessible to individuals and companies of all sizes.
Business model: Beta (Early Access sign up online in English); Subscription (Free, 2480+JPY/month in Japanese)
Keima Kai - Founder / CPO
Joe Ishii - CEO / Chief Designer
Jack Park - COO
📚📺🎧 Interesting Read, Watch & Listen
The Near Future of AI [Entire Talk] - Andrew Ng (AI Fund) (Video)
Investor frenzy will overvalue AI tech start-ups, says early OpenAI backer (Article)
WHO outlines considerations for regulation of artificial intelligence for health (Press Release)
Alibaba, Tencent Join Funding for Chinese AI High-flyer Baichuan (Article)
🔥 Recently Launched
AI Content Genie - AI autopilot for content creation & marketing.
Blaze - The marketing AI tool for entrepreneurs.
Cloaked - Virtual identities to protect your privacy.
Design Studio - Unlock AI magic for elevated customer engagement, fast.
Dashboards - Business intelligence, but dead easy.
CallZen.AI - Conversational AI for customer success.
Cal.ai - World's first open source AI scheduling assistant.
Softr AI - Create business apps with Softr AI.
LastMile AI - AI developer platform for engineering teams.
Impaction.ai - Analytics for conversational AI products.
Wois - Async audiovisual platform for personal brand building.
Relay.app - Workflow automation beyond triggers and actions.
Genie AI - Your AI legal assistant.
Flash.ai - Shockingly good deals, powered by AI.
Gist AI - Free website, YouTube, PDF summarizer, powered by ChatGPT.
Colors AI - Turn customer feedback into revenue.
💰Last Funding Rounds
Anthropic raised $500,000,000. Anthropic is an AI safety and research company that focuses on increasing the safety of large-scale AI systems.
Investor: GoogleVoltage Park raised $500,000,000. Voltage Park provides infrastructure for machine learning.
Investors include: Jed McCalebBaichuan Intelligence raised $300,000,000. Baichuan Intelligence objective is to make it simple and universal for people to access professional services and knowledge.
Investors include: Xiaomi, Tencent and Alibaba Group.Dark Side of the Moon raised CN¥2,000,000,000. Dark Side of the Moon is an AI large-scale model company.
Investors include: ZhenFund, Sequoia Capital China, Monolith Management and Capital Today.ADA raised $58,000,000. Axiata Digital & Analytics Sdn Bhd is a data and AI company that designs and executes integrated digital, analytics, marketing, and eCommerce solutions.
Investors include: Mitsui & Co.Noon - The Social Learning Platform raised 153,000,000 SAR. Noon Academy is a student-centric social learning platform that offers free live and interactive tutoring.
Investors include: Wa’ed Ventures, Raed Ventures, STV, SVC, Riyadh Valley Company and others.Prophecy.io raised $35,000,000. Prophecy is a self-service data transformation platform for the enterprise.
Investors include: SignalFire, Insight Partners, JP Morgan, Databricks Ventures and others.Arteria AI raised $30,000,000. Arteria AI is an AI-focused company that develops a contract lifecycle management platform for end-to-end digital contracting.
Investors include: GGV Capital, Citi, BDC Venture Capital and others.Pixocial raised $22,000,000. Pixocial is an AI technology company in the photo and video editing software industry.
Investors include: Eight Roads Ventures, Meitu, and FutureX CapitalSpeak raised $20,034,998. Speak is a language-learning mobile app that uses speech recognition methods to teach people how to speak English.
Investors include: Unknownrabbit raised $20,000,000. Rabbit is a tech company specializing in creating a customized operating system using a natural language interface.
Investors include: Khosla Ventures, Kakao Investment and Synergis Capital.
That’s all we have for you today. Thanks for reading!
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