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Top 7 generative AI use cases for business

CIO

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. Legacy chatbots, product recommendation engines, and several other useful tools may rely only on earlier forms of AI.

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Protein programmers get a helping hand from Cradle’s generative AI

TechCrunch

Interestingly the model itself is not biotech-specific exactly but a derivative of the same “large language models” that have produced text production engines like GPT-3. ” Generate Biomedicines raises $370M Series B with a focus on protein-based drugs. .” Image Credits: Cradle.

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Healthcare And AI Is A Hot Combination For Startups

Crunchbase News

Funding at the intersection of healthcare and AI has been on a tear this past year. Even so, investment remains below the heights scaled during the 2021 market peak. The largest was a $275 million January Series F for Innovaccer , a San Francisco startup that makes an AI-enabled cloud tracking platform for healthcare providers.

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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Crunchbase News

Last month, xAI and Anthropic raised a combined $9 billion as AI funding remained red-hot. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a round valuing it at $50 billion, The Wall Street Journal reported. and AI product development. Let’s take a look. billion in 2021.

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TechCrunch+ roundup: Using predictive LTV, Boston VC survey, active learning for ML teams

TechCrunch

This post includes real-life examples of predictive LTV decisions that can help generate higher returns on ad spending or identify underperforming campaigns that can be stopped in their tracks. Successfully navigating clinical trials is arguably harder than simply showing investors you can reach product-market fit, and still, “U.S.

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Health And Biotech Startups Now Get The Majority Of US Series A Funding

Crunchbase News

This year is shaping up as the first we’ve seen in which biotech and healthcare startups receive a majority of U.S. So far in 2024, biotech and health companies have pulled in around $5.6 The biotech sector’s comparatively strong showing comes as overall Series A dealmaking looks on track to come in a bit above last year’s totals.

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The Week’s Biggest Funding Rounds: xAI And Anthropic Headline Big Week For AI (Again)

Crunchbase News

Of course, it was led by two well-known AI startups — including xAI , which had its second massive haul of cash in just six months. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a funding round valuing it at $50 billion, The Wall Street Journal reported.