Joyce’s picks: musings and readings in AI/ML, August 12, 2024
📌 Musings and Readings
“Hugging Face acquires XetHub from ex-Apple researchers for large AI model hosting” (Venturebeat)
“Why Every Big Tech Company Has Failed to Dethrone Nvidia as King of AI” (WSJ)
“The FCC proposes requiring robocallers to disclose when they’re using AI” (Verge)
“Generative AI’s Slop Era” (The Atlantic)
“Disparities in clinical studies of AI enabled applications from a global perspective” (Nature)
👏 Deals
Artax Biopharma, an MA-based biotech company aiming at finding solutions for safe and effective treatments for autoimmune diseases, has raised $8m in financing.
Phinxt Robotics, a London-based startup building AI-powered robotics to enable robotics automation for warehouses, has raised £2m in financing.
NeuroTherapia, a Cleveland-based biotech company dedicated to developing small molecule therapies to treat neuroinflammation, a significant factor in Alzheimer's disease, has raised $12m in series B financing.
Adept Materials, an MA-based startup specializing in moisture control technology to create materials to control moisture, humidity, and temperature, has raised $4m in seed financing.
Nob Hill Therapeutics, a NM-based healthcare startup focusing on developing technologies and therapies for respiratory diseases, has raised $3m in series A financing.
Aurascape AI, a CA-based cybersecurity startup focusing on delivering GenAI-driven cybersecurity solutions for organizations against cyber threats, has raised $12.8m in seed financing.
Datch, a NYC-based startup building an AI-powered frontline intelligence platform to streamline the workflow for frontline teams, has raised $15m in series A financing.
DC Connected Car, a Germany-based startup developing a digital workshop using an AI-driven virtual technician for vehicle diagnostics and maintenance, has raised €2.1m in seed financing.
Prana Thoracic, a Houston-based startup designing the system to identify the progression of a range of diseases including lung cancer, has raised new financing.
Syso Technologies, a Boston-based company focusing on renewable energy assets management and battery storage for an effective switch to clean energy, has raised $14.5 in series B financing.
Cocoon, a London-based climate tech startup specializing in technology to convert industry waste such as steel slag into sustainable cement, has raised $5.4m in pre-seed financing.
Clare&me, a Berlin-based mental healthcare startup providing psychotherapeutic support via an AI-driven conversational model about anxiety, stress and fear, raised $4m in financing.