Joyce’s picks: musings and readings in AI/ML, August 5, 2024
📌 Musings and Readings
“Reddit Acquires Generative AI Startup Memorable AI” (Bloomberg)
“Method prevents an AI model from being overconfident about wrong answers” (MIT)
“Gemma Scope: helping the safety community shed light on the inner workings of language models” (Google Deepmind)
“GE HealthCare taps Amazon Web Services to build generative AI for medical use” (CNBC)
👏 Deals
Axle Automation, a CA-based startup developing AI agents to automate compliance workflows for operations teams at financial institutions, has raised $2.5m in seed financing.
Rillet, a Palo Alto-based company building an AI-empowered accounting platform automating a full spectrum of accounting manual work for accountants, has raised $13.5m in financing.
RetiSpec, a Canada-based company utilizing AI to detect Alzheimer's disease through eye exams, has raised $10m in series A financing.
Credo AI, a CA-based company specializing in AI governance software to enable enterprises to build, adopt and use AI at large scale, has raised $21m in financing.
DecoverAI, a Washington DC-based startup building an AI-driven legal platform to deliver streamlined legal operations solutions for lawyers, has raised $2m in seed financing.
Raad Labs, a New York-based climate tech startup developing the blockchain-enabled network to collect weather data, monitor gas emissions, predict wildfire risk, has raised $2m in financing.
Powder, a CA-based fintech company building AI agents to analyze documents to help organizations improve productivity and information accessibility, has raised $5m in seed financing.
Graphyte, an Arkansas-based cleantech startup providing durable, affordable, and scalable carbon dioxide removal solutions, has raised $30m in series A financing.
Leaf, a New York-based startup building a unified API and data processing platform to manage farm data, has raised $11m in series A financing.
Applied Carbon, a Texas-based company specializing in designing and building farm machines to convert crop waste into biochar for soil improvement, has raised $21m in series A financing.
Axle Energy, a London-based startup building an energy flexibility platform to connect home energy assets with the cheaper and greener energy market, has raised $9m in seed financing.
Protembis, a Germany-based medtech startup developing the device to protect patients from brain injuries during heart treatments, has raised €20m in financing.