Joyce’s picks: musings and readings in AI/ML, September 9, 2024

5-minute weekly must-read on data science and artificial intelligence news, funding, and research, curated by Joyce Shen.

📌 Musings and Readings

“Apple’s new iPhone will use Arm’s next-generation chip technology for AI” (FT)

Waymo hit 100K ride a week (Futurism)

Walmart is using GenAI to improve product cataloging. (Link)

“US judge runs 'mini-experiment' with AI to help decide case” (Reuters)

“Amazon turns to Anthropic's AI for Alexa revamp” (Reuters)

“Musk's xAI Supercomputer Goes Online With 100,000 Nvidia GPUs” (PCMag)

👏 Deals

Approveit, a CA-based startup developing business process management platform to automate repetitive tasks in workflows to boost productivity, streamline operations, and free up time for creativity, has raised $1m in financing.

Steerlab, a France-based startup building an AI-driven platform to auto-generate responses and provide a self-managed content library to accelerate response time for businesses, has raised $1.9m in pre-seed financing.

Treble Technologies, an Iceland-based company specializing in sound simulation and spatial audio technology for digital and virtual environments, has raised €11m in series A financing.

Champion, an Indianapolis-based AI startup building a customer marketing platform to empower customers and advocates to develop post-sale marketing programs to drive new growth, has raised $3.3m seed financing.

Oxylus Energy, a CT-based company developing carbon utilization technology capable of converting CO2 directly into carbon-neutral fuels and green chemicals to lower energy costs and reduce expenses in fuel production, has raised $4.5m in seed financing.

Segmed, a CA-based startup building the data platform to deliver real-world imaging data to support the pharmaceutical, medical devices and technology industries, has raised $10.4m in series A financing. 

Blitzy, an MA-based startup developing a GenAI software platform to automate the creation of custom software to optimize costly business processes, has raised $4.4m in financing.

Monda, a Berlin-based company creating an all-in-one data monetization platform to enable companies to easily build their data-as-a-service businesses, has raised $5m in seed financing.

Palm, a Swedish and Dutch fintech startup building an AI-driven treasury management platform to enable treasury enterprise teams to effectively manage and guide financial transactions, has raised $6m in financing.

Hepta Medical, a France-based startup developing a microwave ablation platform equipped with real-time monitoring technology to enable predictable procedures to improve early-stage lung cancer treatment, has raised €5.7m in series A financing.

Agree.com, a CA-based startup creating an AI-powered agreements platform featuring collaborative workflows, automated invoicing, integrated payments, and complimentary e-signatures, has raised $3m in pre-seed financing.

Abanza, a FL-based company focusing on orthopedic and arthroscopic soft tissue repair procedures to improve fixation strength and reduce graft displacement post-surgery, has raised $5m in series A financing.

Reonic, a Germany-based cleantech startup offering SaaS solutions to simplify small and medium-sized enterprise workflows and allow them to digitize their processes and operations in energy transition, has raised €13m in series A financing.

Anytime AI, a New York-based company creating an AI-powered legal assistant specifically for plaintiff attorneys to enhance revenue, improve efficiency, and increase  client opportunities, has raised $4m in financing.

HDAX Therapeutics, a Canada-based biotech startup specializing in discovering therapeutics for cardiovascular and neurological diseases to address their root causes to improve patient outcomes, has raised $3.2m in seed financing.

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