Joyce’s picks: musings and readings in AI/ML, October 21, 2024

📌 Musings and Readings 

“Former OpenAI technology chief Mira Murati to raise capital for new AI startup, sources say” (Reuters)

“Artificial Intelligence Can Make Markets More Efficient—and More Volatile” (IMF)

“Machine-learning system can detect dark vessels faster” (The European Space Agency)

“Public exposure to ‘chilling’ AI child sexual abuse images and videos increases” (IWF)

👏 Deals

Monogoto, a CA-based company specializing in cloud-based connectivity-as-a-service to simplify device connectivity for enterprises by providing API-driven solutions across multiple networks, has raised $27m in series A financing.

Gladia, a France-based startup building an AI-driven speech-to-text engine capable of generating both the transcript and insights from calls in real-time under a second, has raised $16m in series A financing.

MEDiC Life Sciences, a CA-based startup developing a functional genomics platform to evaluate the impact of cancer mutations on tumor growth and responses to drug treatments, has raised $5m in financing.

Beacon AI, a CA-based aviation tech startup specializing in developing AI systems to support commercial and defense pilots to ensure safer and efficient flight operations, has raised $15m in series A financing.

Tolerance Bio, a PA-based biopharmaceutical startup developing a thymus-based cell therapy platform and pharmacological treatments to address immune-mediated diseases related to disruptions in immune tolerance, has raised $17.2m in seed financing.

Platformr, an Oregon-based startup developing a CloudOps platform to simplify the way companies transfer, develop, and implement technology solutions on Amazon Web Services (AWS), has raised $2.5m in seed financing.

Mindtech Global, a UK-based company creating a behavioral simulator to enable data scientists to efficiently and accurately collect and curate training data for AI computer vision applications, has raised £4m in financing.

BackOps.ai, a CA-based startup developing an AI-driven platform to enhance the efficiency of supply chain logistics in inventory updates, order replenishment, and shipping notifications, has raised $2m in pre-seed financing. 

King Energy, a CO-based energy company specializing in installing solar panels on multi-tenant commercial buildings and selling electricity to tenants for mutual benefit, has raised $10m in financing.

FullyRamped, a CA-based startup developing a platform with real-time voice AI for natural conversations, providing sales reps a reliable and structured way to integrate AI into their training processes, has raised $2.3m in financing.

Kick, a CA-based company using AI to automate bookkeeping to help small and mid-sized companies to accurately categorize personal and business-related expenses, has raised $9m in financing. 

Pip Care, a New York-based company developing a digital platform to assist care teams during the process and deliver personalized health coaching to patients to enhance results and minimize complications, has raised $5m in financing.

Solubag, a FL-based startup offering an alternative to plastic bags by producing water-soluble and eco-friendly bags from calcium carbide and natural gas, has raised $4.5m in series A financing.

Opacity Labs, a NYC-based company building a data verification platform to allow users to control, manage, and profit from their data while protecting their privacy, has raised $12m in seed financing.

Cambri, a Finland-based startup creating an AI-powered insights platform to help major brands optimize success predictions for product launch, has raised €8m in financing.