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5 Things To Look For When Evaluating AI Startups

Crunchbase News

For context, the United Kingdom’s entire GDP in 2021 was $3.1 LLM customization Is the startup using a mostly off-the-shelf LLM — e.g., OpenAI ’s ChatGPT — or a meaningfully customized LLM? By Bob Ma According to a report by McKinsey , generative AI could have an economic impact of $2.6 trillion to $4.4 trillion annually.

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Robotics Funding Remains Robust As Startups Seek To Expand Robots’ Skills

Crunchbase News

billion raised in 2021 but nonetheless show a pretty robust sector that is still attracting investors and their cash. That’s a far cry from a robotics arm in a warehouse taking things off a shelf, and those two startups are not the only ones raising big rounds to try to expand the occupational skills of robots.

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Foxglove raises $15M to build dev infrastructure for robots

TechCrunch

While at Cruise, Macneil says that he saw firsthand the lack of off-the-shelf tooling for robotics and autonomous vehicle development; Cruise had to hire entire teams to build tooling in-house, including apps for visualization, data management, AI and machine learning, simulation and more. ” Foxglove’s cloud suite.

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New Off-the-Shelf (OTS) Datasets from Appen Accelerate AI Deployment

DevOps.com

25, 2021 — Appen Limited (ASX:APX), the leading provider of high-quality training data for organizations that build effective AI systems at scale, today announced new off-the-shelf (OTS) datasets. The post New Off-the-Shelf (OTS) Datasets from Appen Accelerate AI Deployment appeared first on DevOps.com.

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SaaS leaders: Use customer insights to accelerate growth during a downturn

TechCrunch

Companies are making buying decisions faster, too: In 2021, 35% of SMBs took three to six months to complete software evaluation and purchase; that figure jumped to 47% in 2022. Buying decisions have also become more self-driven as businesses refer to multiple sources to research software.

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Dent Reality raises $3.4M to bring augmented reality into the grocery store

TechCrunch

Despite Apple and Facebook investing billions into a “metaverse” future, in recent years there’s been a distinct drop-off in venture deals for startups focused on finding opportunities in augmented reality. — Andrew Hart (@AndrewHartAR) November 23, 2021. to build the digital layer for the physical world!

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Medal.tv, a video clipping service for gamers, enters the livestreaming market with Rawa.tv acquisition

TechCrunch

Medal.tv’s community had been asking for the ability to do livestreaming for some time, the exec also noted, but the technology would have been too expensive for the startup to build using off-the-shelf services at its scale, de Witte said. CEO Pim de Witte, as to his company’s interest in Rawa. Image Credits: Medal.tv.

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